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109%
Raised
£54,890
Investors
124
Target
£50,000
Equity
1.07%
Pre-money valuation
£5,080,235

Wizme is on a mission to make managing meetings and events magical. The platform aims to reduce costs and facilitate increased productivity for corporates, agencies and venues by automating the booking process. Wizme has developed a viable product with 1,500 venue partners and 5 pilot companies.

  • Business events generated more than $1.07 trillion of revenue in 2017
  • 1500 venue partners in Jan 2019
  • Founder is an industry insider having worked for IHG among others
  • Featured in the 2018 BTT Hotlist as “One to Watch”

Idea

My experience in the hospitality industry began in Syria in 2002. I moved to the UK to study, then spent a number of years in IHG’s global sales team. I experienced first-hand the outdated process for booking/managing meetings and events across the industry.

Wizme aims to disrupt and reshape an old industry model, in a market that is valued at $1.07 trillion.

Our platform is designed to simplify and automate the booking experience between bookers and venues.

We started the project in Sep ‘17 and raised £130k from strategic investors and industry insiders.

Milestones to date:

Jun ‘18: Launched & tested Wizme v1.0 in London

Nov ‘18: Started working on Wizme v2.0

Jan ‘19: Reached 1,500 venue partners including Aquashard and Shangri-La Hotel

Jul ‘19: Raised £80k investment

Jul ‘19: Launched Wizme v2.0 MVP

Nov ‘19: 5 pilots

Wizme v2.0 is planned to be a fully functioning platform that allows users to quickly book any type of meeting or event.

"I started using Wizme to book our workshops, the process is really simple, I will definitely be using it going forward"

Ffiôn Fabian, Head of Operations at; Centre for Entrepreneurs"

We are raising funds to:

Finalise the development of the Wizme product for launch in 2020

Expand our team

Fuel our sales and marketing plan for the future

At Wizme, we believe we can establish a new market standard for meetings and events management

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Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

Wizme has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.