Building Local Economies From The Ground Up. Quotefish Gets Offline Local SMEs Online And Working

DUBLIN - Feb. 14, 2014 - PRLog -- Summary:

New Irish startup Quotefish has a mission: to bridge the gap between small offline businesses and the growing number of people that are purchasing products and services online. They are also the first Republic of Ireland startup to launch a crowdfunding campaign on www.seedrs.com, a website that allows anyone to become an angel investor.

Details:

Ever wanted to enter the exhilarating world of being a technology angel investor? Well now you can invest in Irish startup Quotefish (http://www.quotefish.com) in return for equity in the business through the website www.seedrs.com, a new crowdfunding platform that allows ordinary people to reap rewards normally limited to the super rich.

But unlike most other businesses seeking crowdfunding, Quotefish is not looking to raise funds to start their business, they launched in September last year, were shortlisted for four awards in their first four months, saw their first revenue in just two months, and are now looking to expand further into the UK, Europe and USA.

"We are designing Quotefish to do just two things really well: to make it incredibly easy for people to get prices from local businesses, and to introduce these people as qualified leads instantly to local businesses." says Simon Chapman, founder of Quotefish. "In the past small local businesses were sold listings on online classifieds, which were cash cows for the developers but had no returns for the businesses. We want to restore their faith in doing business online by offering them a more direct and painless connection to prospective clients." To do this on a large scale, Quotefish has turned to Seedrs to raise funds.

In November 2013, Seedrs opened its platform to entrepreneurs and investors across Europe, and now has more than 29,000 registered investors and funded over 56 early-stage deals since it opened shop.

"Many people would like to invest small amounts of money in startups. Some want to build a portfolio in order to get exposure to a high-growth, high-risk asset class. Others want to support friends, family and community members while getting the benefit of upside if they succeed. And still others want the excitement of being a "Dragon". Due to the high transaction costs of making small investments in private companies, though, it is extremely difficult to invest in startups through traditional means.

Together these two facts reflect a major inefficiency in the market for seed capital. Seedrs is here to change that. In fact, the key mission of our business is to improve financial inclusion and help drive a democratisation of investment to benefit a far greater cross-section of the population." says Jeff Lynn, founder of Seedrs.

As more businesses integrate the internet into their business decisions to remain competitive and more millennials move into the workforce, sites like Quotefish, Fiverr, ODesk and Elance are seeing exponential growth.

"We're seeing businesses from around the world register with us on Quotefish.com, with businesses in 12 countries registered with our service. They may be traditional bricks and mortar, sole traders, or people going into business for the first time. What makes our users special is that they want to do business locally and they want to do a great job, which results in good reviews and more work..." says Simon. "And as long as more things we'd normally waste time doing offline (like picking up the phone to call businesses for a quote) are made available and a lot easier online, we’re going to see a new layer of connectivity between individuals and businesses that will change the way we all get work done."

   Quotefish.com is an Irish registered business and is seeking investment through a crowdsourcing campaign on Seedrs at https://www.seedrs.com/startups/quotefish

https://www.quotefish.com