Eureeca

crowdfunding platformscrowdfunding

FOUNDING YEAR: 2013
LOCATION: United Arab Emirates
Last Update: 01/05/2020

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About

Eureeca is the first global equity crowdfunding platform. It enables members of its investor network, who range from casual and angel investors to institutional firms, to buy shares in growth-oriented businesses, while providing operational businesses with crucial access to capital. Eureeca is a multi-regulated platform, having received licensing from the UK Financial Conduct Authority and the Securities Commission Malaysia in 2015, and recently the Netherlands Authority for the Financial Markets and Dubai Financial Services Authority (DFSA). From its offices in Dubai, London, Kuala Lumpur, and Amsterdam, Eureeca offers high-yield potential investment opportunities from the Middle East, Europe, and Southeast Asia to its 12,000-strong investor network. Businesses raising funds can leverage this network for capital, strategic connections, and expansion into new markets. Eureeca Ltd. is a subsidiary of Eureeca Capital SPC, with offices in London. Eureeca Ltd. Is authorised and regulated by the UKs Financial Conduct Authority (FCA) under license number 624555. Launched in 2013, eureeca.com was founded by experienced investment professionals, Chris Thomas and Sam Quawasmi, and is a founding member of the U.S. based National Crowd Funding Association (NLCFA). For more information please go to: www.eureeca.com

MEDICI Analysis

Eureeca is an online crowdinvesting, or crowdfunding for equity platform connecting SMEs (small & medium enterprises) with investors (the crowd) to raise funds in exchange for equity.

Focus

PRODUCTS & SERVICES

Eureeca Crowdfunding Platform

REVENUE MODEL

Company generates revenue by charging 7.25% of fee for succesfully raised funds from business owners.

MAIN CLIENTS

Casual Investors

Angel investors

Institutional firms.

EXISTING PARTNERSHIPS

Berytech

Traction

TRANSACTIONS VALUE:

$1 M

ACTIVE USERS COMMENT:

Eureeca currently has over 14,500 active investors from 42 countries(Sep 2017).

People

FOUNDERS

Sam Quawasmi

BOARD MEMBERS AND ADVISORS

Bruce Armstrong

Pierre Azzam

Sameer Al Ansari

NUMBER OF EMPLOYEES

11-50

KEY EMPLOYEES:

Christopher Thomas (CEO)

Nasser Saidi (Deputy Chairman)

Sam Quawasmi (Co-CEO)

Omar Al hadidi (Senior Curation Manager)

Robert-Jan Ebbenhout (general Manager)

Mohanad Shurrab (CTO/Project Manager).

Momentum

FUNDED

NO

TOTAL FUNDING

$800 K

DATE OF LAST FUNDING

Sep 2017

SEED & PRIOR FUNDING

$800 K

SEED CLOSED ON

Sep 2017

LISTED

NO

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