NZ-based tech startup Loomio launches $100K crowdfunding campaign for mobile collaborative decision-making tool

By VCPOST Staff Reporter

Apr 14, 2014 06:39 AM EDT

New Zealand's tech startup Loomio is raising $100,000 via self-hosted crowdfunding to develop a mobile version of its free collaborative decision-making app. The campaign will run until Wednesday, according to The New Zealand Herald.

Co-founder Alanna Krause said: "We are thrilled with the massive response from supporters all over the world. Loomio is a great tool for anyone who needs to make decisions with a group. From hundreds of student protesters organising themselves in Hungary to Wellington City Council using Loomio to collaborate with the public on an Alcohol Management Strategy for the city."

As of this writing, Loomio has already raised over $85,000 from more than 1,000 backers. The Wellington-based startup plans to use the proceeds of the campaign to develop a scalable mobile version of Loomio 1.0, the report detailed.

Loomio's prototype is already being used by various groups in New Zealand. Climate change activist group Generation Zero, the Wellington City Council, and mental health service provider Pathways are among the tool's existing users, The New Zealand Herald reported.

© 2024 VCPOST, All rights reserved. Do not reproduce without permission.

Join the Conversation

Real Time Analytics