pitchIN has further validated the attractiveness of equity crowdfunding (ECF) to Malaysian investors by becoming the first ECF platform to reach double digits numbers for successful deals in a year.
Having launched its first ECF deal in May 2016, pitchIN has powered its way into becoming Malaysia’s leading ECF platform with a slew of eye catching successfully funded deals.
SalesCandy™ joined pitchIN’s list of successful equity crowdfunding deals when it raised RM1,501,038 from 54 investors in October 2017. SalesCandy™ is a Sales Performance and Lead Management CRM.
It is capable of instantly routing leads from various sources such as Facebook Lead Ads, web forms and chat bots directly to the salespeople’s mobile phone and automatically updating lead statuses with the actions taken by the salespeople.
Stanley Chee, CEO of SalesCandy expressed his gratitude for this success, "We are grateful that we successfully raised a round of RM1.5m on pitchIN to further grow our CRM specifically built to help property developers, education and financials clients to close more sales. The team in pitchIN is amazing and easy to deal with and they know startups and business models very well. I strongly recommend pitchIN to any startup out there who is looking to raise funds."
pitchIN’s average of one ECF deal a month in 2017 cements its position as Malaysia’s No. 1 equity crowdfunding platform. This achievement is even more remarkable given that the entire Malaysian ECF industry has done a total of 17 successful deals in 2017.
The investment raised by SalesCandy has also taken pitchIN past the RM12 million mark in total investment funds raised, which is also the highest among all ECF platforms.
Sam Shafie, pitchIN CEO said, “We are delighted to become the first ECF platform in Malaysia to do 10 successful deals in a year. We are pleased that pitchIN’s focus on bringing interesting fundable deals to investors has resulted in being responsible for nearly 60% of the successful Malaysian ECF deals in 2017. We are proud of the role pitchIN has played in making the Malaysian ECF industry one of the most vibrant ones in Asia.
Sam also paid tribute to the investors who have made these successes possible, “Of course, we must note that our success was only possible because investors liked the companies we listed. We are grateful to the 623 investors, of all types, large and small, who have invested to date in deals on the pitchIN ECF platform.”
He added, “pitchIN is not done for the year. Investors can look forward to more deals on pitchIN Equity before the end of 2017.” Investors who are looking for opportunities to invest in fast growing early stage companies are encouraged to register on pitchIN as registered users will have early access to our deals.”