Crowd Guru GmbH raises six-figure amount

CrowdGuru Crowd Guru GmbH announced that it has received a six-figure amount in an equity round of funding on December 9, 2015. The transaction included participation from new investor Müller Medien GmbH & Co. KG and returning investor, VC Fonds Kreativwirtschaft Berlin, a fund managed by IBB Beteiligungsgesellschaft mbH. As part of the transaction, existing investor Wellington Ventures and other business angels sold their shares to the new investor Müller Medien GmbH & Co. KG.

Hans Speidel, co-founder and CEO of Crowd Guru, declared that the company will use the proceeds for further internationalization of the business.

Crowd Guru GmbH develops and provides crowd sourcing solutions for business and residential customers. The company provides answers to individual questions sent in via messages, execution of online projects, and allows companies to outsource routine tasks. The company was founded in 2007 and is based in Berlin, Germany. As of December 2012, Crowd Guru GmbH operates as a subsidiary of 199Bongo Pty Ltd.

IBB Veteiligungsgesellschaft mbH press release (German)