$100,000,000 Raised Across Pozible & Birchal Crowdfunding Platforms
Most recently, the Pozible platform has adapted to a new normal during COVID-19 and has seen a number of successful campaigns from iconic live-music venue Cherry Bar raising $77K, a new Sydney start-up distillery Finders Distillery receiving $22K, and an amazing campaign to thank essential services workers with a beer from The Good Beer Co. raising over $50K.
“I think that the strength of the crowdfunding campaign and the fact we went through the $52K target, [has enabled us to] create a really great platform for other partners to come in help us with the reach and [ongoing] impact of the campaign.” — James Grugeon, The Good Beer Co.
There have now been 15,700+ launched campaigns on the Pozible platform, ranging from feature and indie film productions, independent publishing and music projects, environmental and social causes, and everything else in between.
“A decade on, it’s really inspiring to see what we built being used as a powerful tool and model to help the creative industries in unprecedented times” — Alan Crabbe
During the COVID-19 period, Pozible has also introduced a new free service for not-for-profits and creative organisations to raise donations. Crabbe mentions that it’s a full service offering, providing organisations the tools to leverage their online communities and quickly raise much-needed funds.
Birchal, a spinout from Pozible, was first co-founded by Pozible co-founder Alan Crabbe and Matt Vitale in late 2017, and since then has gone from strength to strength—completing 45 successful equity crowdfunding raises for Australian brands and startups.
Notable recent raises include a successful raise of $1.8 million for Eco-tech company Seabin Project to a record-breaking campaign for social and sustainable fashion brand Outland Denim, that achieved $1.3 million from approx 1000 investors. See the newly published industry report by Birchal here.
“Equity crowdfunding been quickly adopted by leading Australian brands and startup investors alike and the team is proud to be at the forefront of this new burgeoning industry.” — Alan Crabbe