readfy | Updates
This investment carries considerable risks and may lead to a complete loss of the capital invested. More
By Miriam Behmer

Readfy Completes Another Financing Round

Public
Public

Dear Companists,

Following the BLSW fund investment in mid-January, we from readfy gained a new investor with the KfW banking group. This means the total investment amount raised this year has reached 1 million euros.  The special thing about the KfW banking group's investment is that it is an investment in the conventional sense as opposed to usual promotional loans granted. 

Throughout our entire financing campaign, 1 million euros was the goal we were aiming to achieve. Having reached this target with the BLSW fund and the KfW banking group, we are in an ideal position to continue expanding. 

The revenue generated by the financial campaign will be put towards marketing activities, an ad-free payment model and the expansion of our e-book portfolio as well as our team of staff. 

To put things simply, we now have the chance to really scale up our model! Growth, growth and more growth. Our future is looking bright. Our marketing campaigns are kicking off and in the past two months alone we have managed to double the amount of our active users.

We are really looking forward to the months ahead!

Best regards,
The readfy team



Comments

Only registered Companists can comment. Please log in to leave a comment.

NOTE:

Investments in crowdfunding projects offer great opportunities, but they are risk investments. In the worst case, the entire investment amount may be lost. Consequently, these investments are unsuitable for retirement plans. However, there is no obligation to make further contributions. Investors can minimize their risk by splitting their investment amount between crowdfunding campaigns rather than investing all of it in one crowdfunding campaign. Professional investors often follow this strategy because it causes the risk to be distributed among several investments. In this way, successful investments can balance other less successful investments.

The shares of the Companists are subordinated profit-participating loans (partiarische Nachrangdarlehen). Such loans are shares in a business with similar characteristics as equity. If the company becomes insolvent or is liquidated, the claims of the Companists – just like those of all other shareholders of the company – will be satisfied from the assets in the insolvency or the assets in liquidation only after the claims of all other external creditors have been satisfied. Thus, Companists are treated like any other shareholder of the company during insolvency or liquidation proceedings.

The company information published on the Companisto website is provided solely by the companies. The projections made by the companies do not guarantee successful development of the company in the future. Consequently, crowdfunding investments are suitable only for those investors who can cope with the risk of a total loss of the capital invested. Investors make their own independent investment decisions and bear all risks themselves.

The investments are provided and issued by the individual companies. Companisto is neither the provider nor the issuer of the investments, but solely the internet service platform.

1357

Companists

500,000 €

Invested

33.33 %

Share offered

Contact Details
readfy GmbH
Grünewalder Straße 29-31
42657 Duesseldorf
Germany

Phone: +49  211  74951177
Email: info@readfy.com
Website: www.readfy.com
Please note
The acquisition of this asset involves considerable risks and can lead to the complete loss of the assets used.

Follow us

Contact Us
Your contact for all questions about investing on Companisto:
Andreas Riedel
Investor Relations

Toll-free phone number for investors

0800 - 100 26 70 (DE)
0800 - 10 02 67 (AT)
0800 - 10 02 67 (CH)

Service hours Mo-Fr 9 a.m.- 7 p.m.

Companisto GmbH
Köpenicker Str. 154
10997 Berlin
TÜV geprüftes Online-Portal | Companisto
Source: Own research. Based on data from the German Private Equity and Venture Capital Association - BVK, among others.
Investor Support