Buddy-Watcher | Updates

By Buddy-Watcher Team

Buddy-Watcher enters final stretch

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Dear Companists,

We first started our campaign on 6 December, 2016, and after almost 8 weeks, the end is just a few days away. We want to use this occasion as a chance to once again review the successes of the past weeks and ring in the final leg of our campaign.

 

Buddy-Watcher and the press

Our equity-based crowdfunding campaign serves as a marquee for reports on the Buddy-Watcher.  Some highlights include an article on unterwasser.de as well as a report in the Frankfurter Allgemeine Zeitung (FAZ). On 3 January, the day on which the article appeared in the FAZ, we saw a 400% increase in the number of visitors to our site. 

We saw an increase to visitors to our website throughout all of January and December.  During this time period 45% more visitors logged on to www.buddy-watcher.de.

 

Record revenue in December

As we already informed in our last update, December was an extremely successful month for us.  We exceeded the projected revenue figures by 36%.  This fact simultaneously signaled the accomplishment of another feat for us: December 2016 was our most successful month since we founded the company. 

December was also the month in which the finalists of the Innovation World Cup were nominated.  The Buddy-Watcher is positioned well and has a chance to be named "the Wearable of the Year".

 

A good start to the New Year

The New Year began as successfully as the past year ended.  Our campaign hit the €100,000 threshold in January. At the same time, this news signaled that our financing round had officially been achieved. Since then, even more Companists have gotten on board, which brings our investment total to €120,000.

Our next highlight was trade fair, "Boot", in Düsseldorf.  With over 242,000 visitors, including many prospective Buddy-Watcher customers, the trade fair was a total success for us.  Although we were able to generate many great sales at prior trade fairs, the calculated amount of inventory for this event still wasn't enough - and this includes follow-up deliveries.  Some of the eager customers had to be turned away; however, they will have their Buddy-Watchers sent to them.

 

Buddy-Watcher - Achievements during the crowdinvesting campaign

 

Your support on the home stretch

We're counting on you so that we can make the most out of the last 5 days of our campaign. Whether this means an investment, activating your network, or offering us some feedback on our business model, any form of help from you is welcomed and is sure to bring us further.

Together, we can make these final days count!

 

Kind regards,

Your Buddy-Watcher Team



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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.

170,350 €

Invested

438

Companists

8.45 %

Share Offered

Please note
The acquisition of this asset involves considerable risks and can lead to the complete loss of the assets used.

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

Toll-free phone number for investors

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