Kapturise Turns to Crowdfunding to Support Ambitious Expansion Plans
The UAE-based on-demand photography startup has looked to equity crowdfunding platform, Eureeca, and will offer shares for as little as $500.
UAE-based on-demand photography platform, Kapturise, is the latest MENA startup to turn to equity crowdfunding platform, Eureeca - and hopes to achieve the largest crowdfunding raise for a business of its kind.
Launched in August, 2020, the startup allows users and clients to book photo and video sessions, with the platform connecting them to hundreds of potential talent. In a matter of weeks after launching, the platform was able to onboard an impressive 400-plus photographers and the startup has experienced growth since, boasting over 1,000-plus downloads of its app, which is available on both iOS and Android.
Buoyed by initial success, founder and CEO, Habeeb Furqan, is confident he can take Kapturise to the next level and sees the increasingly popular option of crowdfunding as the solution. So much so, in fact, that Furqan is offering shares to investors for as little as $500. Pre-registration is now open and will grant early access when the investment is opened. Pre-registration involves no financial obligation or commitment, though exclusive discounts will be available to early investors.
Furqan and co. have big plans for the investment and will look to channel it into tech enhancements and general product development, as well as marketing , new key hires and - most intriguing - expansion into new MENA markets.
Read more about Katpurise and Habeeb Furqan in StartupScene’s recent interview with the founder.
Click here to find out more about Katpturise’s campaign on Eureeca.
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