itravel | Updates

By Axel Schmiegelow

itravel Convinces Another Investment Company

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Dear Companists,

We are happy to inform you that we have won another competent investor for itravel!  

 

FBC - Equity competency from 30 years in the digital industry

The Fresh&Bold Capital investment company was founded by Internet and multimedia pioneer Paulus Neef. Paulus Neef was the first pioneer of the digital industry in Germany when Pixelpark AG, which he founded, set up the first touchscreen terminals at Karstadt in 1991. Pixelpark was also the first Internet agency to go public on the new market (Neuer Markt) in October 1999 and is now part of the leading Publicis Groupe in Europe.

FBC has an international management team with a broad spectrum of expertise in equity markets, digital technology, and the financial sector and already includes a broad spectrum of successful investments in software, transport/mobility, and eCommerce.

Besides the additional capital, we also gain access to knowledge and expertise, which naturally helps us and prepares us for a successful future.

 

Investment terms

FBC will contribute EUR 700 thousand to the current co-financing round, recognizing the enterprise value of the most recent capital measures in 2018. The capital contribution from FBC will thus increase the share of existing investors accordingly.

In total, the capital raised in the co-financing round so far increases to more than EUR 3.95 million and is an important prerequisite for itravel's further growth.

 

Doubling of sales expected for the current fiscal year

On the basis of the financing and taking into account the marketing figures achieved since the beginning of the year, we expect a doubling of sales for the current financial year compared to the previous year.

 

200 Companists are itravel insiders!

After introducing our Insider Program about 6 weeks ago, more than 200 Companists have already registered for the Insider Program and enjoy the many benefits of our loyalty program. We have therefore extended the deadline to register at www.itravel.de/insider and enjoy the benefits. We are looking forward to your feedback and any suggestions for improvement.

 

Best greetings from your team at itravel,

Axel, Gerald, Dennis and the 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.

€ 3,350,000

Invested ( € 2.64M co-invested )

1005

Companists

2.44 %

Share Offered

Please note
The acquisition of this asset involves considerable risks and can lead to the complete loss of the assets used. The expected yield is not guaranteed and may turn out to be lower.
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