Crowdence

Crowdence is a platform of personalized products, where users create unique campaigns to sell their products.

Business Model: B2C Non-Profit

Revenue: $3.2M

Employees: 11-50

Detailed Crowdence Information

Geographic Data

Crowdence headquarters map

Address: ronda capuchinos 4

City: Sevilla

State: sevilla

Zip: 41003

Country: ES

Financial Info

Stage:

debt financing

Raised Last:

$22k

Raised Total:

$22k

Metrics

0Website Global Rank

0Website Monthly Traffic

Twitter Followers

Description

Crowdence is a platform of personalized products, where users create unique campaigns to sell their products. The platform was born in 2013 byJuan Quirós, Adrián Ruiz and Félix Pérez, although it started its commercial activity at the beginning of 2014. The platform allows to sell personalized t-shirts through the Internet, offering the user more profitable forms of production, with a quality that is not possible in the sale on demand. Its operation is simple. Users first create their product using the design creation wizard: they choose the models, colors and upload their design or use the design tools at their disposal. When they have the design, they put the price on the product and choose a sales objective. No order is charged, manufactured or shipped, until the minimum sales that make its production possible at the price set are reached. In addition, your profit margin per product automatically adjusts to the total number of sales. Crowdence has been part of the Minerva Program, promoted by the Junta de Andalucía and Vodafone. So far they have not made any round of financing or have needed the entry of investors. More than 26,000 people have used their services, which cover a large part of the EU, although their presence is especially strong in the Spanish market. He has also received the award for Best Business Project in the V Contest of Innovative Projects and Ideas of the UPO. Crowdence differs from traditional workshops and stores by completely eliminating the initial outlay and economic risk of companies. Your system withdraws the cost of the service for each purchase, instead of paying for all the shirts at the beginning. In addition, they offer a more complete service, which includes payment management and all logistics for shipments to final buyers. With respect to other stores on demand, its advantages consist in offering better prices and higher quality. The way of selling through campaigns opens a window of possibilities for customers who are already using Crowdence: NGOs, animal protectors or audiovisual projects, use Crowdence to raise funds and finance their projects with the sale of products; Facebook groups and pages, instagramers and youtubers, bloggers, music groups or sports clubs… you can generate an online community and a fan base where you can sell products to standardize your followers and earn money; also amateurs and professionals of online marketing use the platform as a tool to generate money taking advantage of the greater margin allowed by their model and thus reach more people. Crowdence is based in Sevilla, Spain.

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
10/2019 Debt Financing 1 $21.9k Lanzadera Accelerator
Lanzadera Accelerator
Announced Date Name Price

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