FundMyPitch (FMP), a leading platform that connects investors with investment-ready companies seeking funds in order to kickstart their ventures, has helped raise nearly £6m in funding for entrepreneurs using its platform in its first year of trading.
The company, founded by entrepreneur Steven Mooney in 2022, has seen a rapid increase in user base. FMP now has 3,460 registered users – of this figure 941 are listed as businesses seeking investment, with the remaining 2,519 listed as investors. The platform has helped raise a grand total of £5,773,000 for entrepreneurs and SMEs who are seeking funding for their ventures.
FMP offers users an innovative video pitch model, allowing entrepreneurs to create high impact content to attract the interest of investors. The platform also focusses on championing early-stage business opportunities and does not charge upfront fees, meaning it has a vested interest in facilitating the successful completion of deals.
The platform also leverages advanced AI algorithms, offering an intuitive user interface, creating a dynamic investor network. Additionally, FMP has strategic partnerships with a number of key financial institutions, venture capital firms, and startup incubators.
Steven Mooney, CEO, FundMyPitch said: “Entrepreneurs are the lifeblood of the economy, creating jobs, growth, and spreading opportunity. Yet far too many ambitious startups and SMEs cannot get access to the funding they need to expand and hire due to outdated fundraising systems.
Our mission is to give startups and SMEs a dynamic platform to showcase their offering and connect with investors, turbocharging their businesses and reaching their full potential.”
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FundMyPitch raises £5.7m to fuel SME growth