KNOMI ARE CROWDFUNDING
You know us as a guide to London’s best designer and luxury stores, your go to point of reference for the newest luxury items and the quickest route to into the boutique to purchase from your wishlist.
KNOMI is growing, fast. With thousands of users and a host of new boutiques on board this year, we felt it was time to take KNOMI to the next level and transform the future of luxury retail.
How to get involved?
We're working with Crowdcube, the Europe’s leading equity crowdfunding platform that lets anyone invest in companies they're passionate about from as little as £10. To help you find out more about why we’re crowdfunding and how it can help us (and you!), we’ve answered the important questions you should ask before parting with your hard earned pounds.
For you to invest in KNOMI it takes just minutes to register online with Crowdcube and in case you’re wondering they are fully FCA regulated.
What is equity crowdfunding?
When you invest in equity you buy a percentage of a business in the hope that the value of the company will increase over time. This means that when KNOMI goes on to make an ‘exit’ at a higher value than when you invested, and you will get a return on your investment and make a profit. It is important to remember that investments of this nature do carry risks to your capital.
How much is KNOMI raising?
We’re raising £300,000 on Crowdcube, and we have already raised over 63% of this (£189,860).
Here’s the catch for us (and safe point for you), if we don’t raise the full £300,000 we won’t get any of the money. This means that you don’t need to worry about investing your money and the campaign not going through, it’s a win-win for us both.
Why is KNOMI crowdfunding?
We’re crowdfunding because we want to let you, our users share in our success and own part of our business, so we’re opening up the investment opportunity to the public. The money we raise will help us increase our presence in London refine the app and move towards our international expansion.
How will I make money on my investment?
There are two ways you can make money on your investment. The main way is by selling your share in a business for more than you paid for it. You won’t be able to sell your share immediately but if the business grows to a point where it floats on a stock market, is bought by a larger company, or the company management buy back equity from investors, you are likely to be able to sell your shares for a profit then. Alternatively, some companies may begin to pay dividends. This can occur when a business is profitable but does not expect to continue growing significantly.
Visit our Crowdcube page to view our pitch, invest and ask any questions you may have on our investor forum.
KNOMI is ready to take the next steps and become the platform for online to offline shopping, and we want you to join us on our next journey.
* Investments of this nature carry risks to your capital, as well as potential rewards.