Shareight Busts Records By Raising $1M On Seedrs, The Crowd Equity Platform

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It’s testament to the rise of crowd-equity financing that today m-commerce shopping app Shareight has today bust the record on the Seedrs platform today, raising £600,000 (US $1,000,000) on the platform from over 240 investors. Shareight reached their target amount (£350,000) in less than 17 hours and their second target in 24 hours. This gives the startup a pre-money valuation of £3 million.

If you want to go shopping on your smartphone the task can be frustrating, so Shareight has an m-commerce shopping portal with 500 retail search terms, comparison shopping, and an easy checkout process.

So far its partners include Superdry, John Lewis, Clarks, Topman, PC World, New Look and B&Q, all major UK retailers.