Home entertainment and hospitality platform raises nearly £400k in crowdfunding round
HOMETAINMENT has announced it has raised nearly £390k in funding through a crowdfunding campaign and is set to scale in London and abroad.
The funding round, which was run via Crowdcube, exceeded its minimum target of £350k with 200 investors and was overfunded by 11 per cent, raising a total of £390,309. The platform had a pre-money valuation of £3m.
Launched in June 2021, HOMETAINMENT is on a mission to “change the future” of entertainment and hospitality at home and is tapping into the UK catering services sector worth £1.4bn and expected to grow by 165 per cent in the next year.
The company provides exclusive access to a select group of entertainers and service people from £250, from Michelin star private chefs for an unforgettable dinner party, and international mixologists for an extraordinary cocktail garden party, to Café del Mar DJs, childrens entertainers and even expert tarot card readers.
With over 2,300 guests served since June 2021 and major partnerships signed, HOMETAINMENT will use the funding to scale in both London and abroad, as well as expand its offering of new experiences.
HOMETAINMENT has recently secured agreements with VIP concierge companies such as Quintessentially and Velocity Black, as well as high-end serviced apartment groups including Cheval Collection, Living Rooms and Greystar.
Founder Antoine Melon, commented: “We are very proud to have completed and overfunded our Crowdcube campaign. To complete our crowdfunding after just a year of operation is a great achievement. It sanctions a year of hard work from all the people who have supported us and believed in us, especially our experts - the ‘HOMEtainers’.
“So a huge thank you to our investors, to our HOMEtainers, to our partners, advisors and our family & friends, you are the robust ecosystem which motivates and drives us on our journey to change the future of home entertainment and to bring back the magic of Hosting at Home, bringing together friends and family, enjoying memorable experiences in a safe and comfortable environment.”
By Matthew Neville – Correspondent, Bdaily
- Add me on LinkedIn and Twitter to keep up to date
- And follow Bdaily on Facebook, Twitter and LinkedIn
- Submit press releases to editor@bdaily.co.uk for consideration.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis
How to build credibility in B2B marketing