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Recrowd and Spezia Calcio to Promote Crowdfunding Campaigns Together

According to the agreement, Recrowd and Spezia Calcio will work together on the promotion of crowdfunding campaigns and will study the opportunity to launch a campaign together in the near future, with the aim of giving Spezia Calcio fans the opportunity to actively participate in a common project, innovative and to their benefit.

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Recrowd, a real estate lending crowdfunding platform participated since last September by Esperia Investor, has closed an agreement with Spezia Calcio, a football club controlled since last February by the American tycoon Robert Platek, to involve fans in crowdfunding campaigns.

Esperia Investor is a holding company founded by Emiliano di Bartolo and Antonio Ferrara, president and CEO respectively, which invests in early-stage companies with high technological content, especially in real estate and financial services.

According to the agreement, Recrowd and Spezia Calcio will work together on the promotion of crowdfunding campaigns and will study the opportunity to launch a campaign together in the near future, with the aim of giving Spezia Calcio fans the opportunity to actively participate in a common project, innovative and to their benefit.

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At the same time, Recrowd has become premium partner and new back jersey sponsor of the soccer team

In particular, the brand of real estate lending crowdfunding will be present on the back of the jerseys of the first team of La Spezia starting from the 22nd day of Serie A, when Thiago Motta’s men will be engaged against Milan at San Siro. The partnership will last until the end of the 2022-2023 season.

Luca Scafati, chief revenue officer of Spezia Calcio, explained: “The partnership with Recrowd, a leading company in Italy in a sector of great innovation such as lending crowdfunding, is further evidence of how Spezia Calcio is attracting the attention of realities of national importance, thanks to the planning and a constant commitment to the search for business opportunities.

Gianluca De Simone, CEO and co-founder of Recrowd, commented: “Spezia Calcio represents the perfect partner with which to promote innovation opportunities for the territory and especially for the fans, we are proud to bring for the first time on a Serie A uniform a company belonging to the world of crowdfunding”.

Recrowd

Recrowd was founded in March 2019 by experts in the financial, real estate, and technology sectors: Gianluca de Simone (CEO), Simone Putignano (CFO), Massimo Traversi (coo). It entered the Speed MI Up incubator of Bocconi University in Milan in February 2019. In August of the same year, Recrowd on the Opstart platform raised $474,000 (€418.880) against a minimum target of $56,700 (€50,000), based on a pre-money valuation of $3.4 million (€3 million). The platform boasts revenues of $454,000 (€400,000) and profits of $68,000 (€60,000) (data as of the end of June 2021).

Esperia Investor chose to invest in Recrowd last September, after evaluating its growth potential. According to BeBeez and CrowdfundingBuzz, 43% of the capital was sold by a first-time investor in the platform. The transaction will be followed by a capital increase based on the company’s needs related to activities still under consideration to be developed in the 2022-23 biennium. With this transaction, Esperia Investor has expanded its investment portfolio by adding Recrowd to Monety (a credit brokerage company of the Gabetti Group), G RENT (Gabetti Short Rent, a company listed on the AIM of Milan, which operates in the luxury hospitality market at an international level) and Brera contract (leader in contract services in the real estate segment).

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(Featured Image by Harshil Shah CC BY-ND 2.0 via Flickr)

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First published in Crowdfunding buzz, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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Anthony Donaghue writes about science and technology. Keeping abreast of the latest tech developments in various sectors, he has a keen interest on startups, especially inside and outside of Silicon Valley. From time to time, he also covers agritech and biotech, as well as consumer electronics, IT, AI, and fintech, among others. He has also written about IPOs, cannabis, and investing.