Successful Crowdfund Case Study: TRNZ

Successful Crowdfund Case Study: TRNZ

Campaign Year: 2015

Campaign Type: NZ - Equity Crowdfunding

Campaign Duration: 91 days

Amount Invested: N$211,000

N° of investors: 31

Average Investment: N$6,806

% Funded: %105.5

Tourism Radio Travel Guides are a world leader in providing location-based travel information across mobile, web and GPS platforms. The GPS and Travel Guide Apps are programmed in such a way that users are given information about their surroundings as they move from place to place. Point of interest information is played when the user is near them, providing on the go suggestions about what to see and do.

Tourism Radio can reach a broad end user base through its established network of distribution partners in the motor home and rental car markets throughout New Zealand. Tourism Radio’s vision for growth is to scale up the sales operation and introduce new revenue generating functionality to the technology, through Wi-Fi hotspot integration into the in-car device. To fuel Tourism Radio’s operations in sales, marketing, content and technology development, investors contributed $211,000 through the Equitise crowdfunding platform.

Click here to explore our current and coming soon offers! 

First in the know
Get first dibs on new offers