{"id":57062,"date":"2020-12-11T17:05:03","date_gmt":"2020-12-11T17:05:03","guid":{"rendered":"https:\/\/esportsinsider.com\/?p=57062"},"modified":"2020-12-11T17:05:03","modified_gmt":"2020-12-11T17:05:03","slug":"hitmarker-raises-521k-crowdfunding-campaign","status":"publish","type":"post","link":"https:\/\/esportsinsider.com\/2020\/12\/hitmarker-raises-521k-crowdfunding-campaign","title":{"rendered":"Hitmarker raises \u00a3521K in crowdfunding campaign"},"content":{"rendered":"<p><span style=\"font-family: 'book antiqua', palatino;\"><span style=\"font-weight: 400;\">Esports and gaming job platform <\/span><b>Hitmarker<\/b><span style=\"font-weight: 400;\"> announced it has raised \u00a3521,283 within seven days of equity crowdfunding, exceeding its original target by 260 per cent.\u00a0<\/span><\/span><\/p>\n<p><span style=\"font-weight: 400; font-family: 'book antiqua', palatino;\">The British company will use the investment to expand its service in key markets, including Brazil, Spain and Asia-Pacific region.\u00a0<\/span><\/p>\n<figure id=\"attachment_57063\" aria-describedby=\"caption-attachment-57063\" style=\"width: 640px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-57063\" src=\"https:\/\/esportsinsider.com\/wp-content\/uploads\/2020\/12\/06A_SplashBlack-1024x576.jpg\" alt=\"\" width=\"640\" height=\"360\" srcset=\"https:\/\/esportsinsider.com\/wp-content\/uploads\/2020\/12\/06A_SplashBlack.jpg 1024w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2020\/12\/06A_SplashBlack-300x169.jpg 300w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2020\/12\/06A_SplashBlack-768x432.jpg 768w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2020\/12\/06A_SplashBlack-696x392.jpg 696w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2020\/12\/06A_SplashBlack-747x420.jpg 747w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><figcaption id=\"caption-attachment-57063\" class=\"wp-caption-text\"><span style=\"font-family: 'book antiqua', palatino;\">Photo Credit: Hitmarker<\/span><\/figcaption><\/figure>\n<p><strong><span style=\"font-family: 'book antiqua', palatino;\">RELATED:\u00a0<a href=\"https:\/\/esportsinsider.com\/2020\/11\/hitmarker-launches-second-crowdcube-crowdfunding-campaign\/\">Hitmarker launches second Crowdcube crowdfunding campaign<\/a><\/span><\/strong><\/p>\n<p><span style=\"font-weight: 400; font-family: 'book antiqua', palatino;\">Hitmarker\u2019s campaign on <strong>Crowdcube<\/strong> has seen 487 investors from 50 countries, with one participant investing \u00a3250,000. <\/span><\/p>\n<p><span style=\"font-weight: 400; font-family: 'book antiqua', palatino;\">According to the announcement, the investment comes from a significant industry figure, whose identity will be revealed once Crowdcube\u2019s completion process and legal review have both been conducted.<\/span><\/p>\n<p><span style=\"font-weight: 400; font-family: 'book antiqua', palatino;\">Originally, the company hoped to raise a minimum of \u00a3200,000 in return for 4 percent equity. Having raised more than twice the amount, this marks the second consecutive year Hitmarker exceeded its equity crowdfunding target. Compared to last year\u2019s campaign, 2020\u2019s investment is 2.5 times higher than its <a href=\"https:\/\/esportsinsider.com\/2019\/11\/hitmarker-crowdfunding-completion\/\">November 2019 valuation<\/a>.\u00a0<\/span><\/p>\n<p><span style=\"font-family: 'book antiqua', palatino;\"><b>Richard Huggan<\/b><span style=\"font-weight: 400;\">, <\/span><b>Managing Director<\/b><span style=\"font-weight: 400;\"> at Hitmarker commented on the announcement: \u201cWe came into this raise much more confident than we were last year. Not only due to having a network of existing investors, but also because Hitmarker is now operating in a much wider market.<\/span><\/span><\/p>\n<p><span style=\"font-weight: 400; font-family: 'book antiqua', palatino;\">&#8220;Even so, the response from our community, and that of the wider esports and video game industry, has blown us all away. We want to thank everyone who put their faith in us, and promise that we\u2019ll continue working hard to reward it.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400; font-family: 'book antiqua', palatino;\">[primis_video widget=&#8221;5183&#8243;]<\/span><\/p>\n<p><strong><span style=\"font-family: 'book antiqua', palatino;\">RELATED:\u00a0<a href=\"https:\/\/esportsinsider.com\/2020\/08\/hitmarker-british-esports-association\/\">Hitmarker and British Esports Association enter careers-focused alliance<\/a><\/span><\/strong><\/p>\n<p><span style=\"font-weight: 400; font-family: 'book antiqua', palatino;\">Though the crowdfunding campaign had a runtime of 30 days, Hitmarker closed the round early and now intends to proceed with its expansion plans.<\/span><\/p>\n<p><span style=\"font-family: 'book antiqua', palatino;\"><b>Philip Huggan, Founder<\/b><span style=\"font-weight: 400;\"><strong> of Hitmarker<\/strong> added: \u201cHitmarker started as a passion project to fill a clear need for a job portal dedicated to the esports industry. That we now have 12,000+ live jobs, a constantly-growing user base, and the expertise required to bring our product to new territories is a testament to our team, who works relentlessly to make Hitmarker the best it can be.<\/span><\/span><\/p>\n<p><span style=\"font-weight: 400; font-family: 'book antiqua', palatino;\">\u201cWe have lots of goals that this capital will help us realise. Not only are we going to roll out new platforms dedicated to specific regions, there are also a plethora of new features coming. We\u2019re all excited to grow our team, improve our product, and continue bringing value to the esports and video game community.\u201d\u00a0<\/span><\/p>\n<p><strong><span style=\"font-family: 'book antiqua', palatino;\">Esports Insider says:\u00a0<\/span><\/strong><span style=\"font-family: 'book antiqua', palatino;\"><b style=\"font-family: 'book antiqua', palatino;\">Repeating the success from last year\u2019s crowdfunding campaign, Hitmarker\u2019s service to the industry is clearly valued by many. The esports jobs platform is undoubtedly something that the job market has been missing, and we are happy to see it\u2019s swiftly growing, <\/b><span style=\"font-family: book antiqua, palatino;\"><b>connecting<\/b><\/span><b style=\"font-family: 'book antiqua', palatino;\">\u00a0people and companies involved in the esports industry. <\/b><\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">[maxbutton id=&#8221;11&#8243;]<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Esports and gaming job platform Hitmarker announced it has raised \u00a3521,283 within seven days of equity crowdfunding, exceeding its original target by 260 per cent.\u00a0 The British company will use the investment to expand its service in key markets, including Brazil, Spain and Asia-Pacific region.\u00a0 Photo Credit: Hitmarker RELATED:\u00a0Hitmarker launches second Crowdcube crowdfunding campaign Hitmarker\u2019s &hellip; <a href=\"https:\/\/esportsinsider.com\/2020\/12\/hitmarker-raises-521k-crowdfunding-campaign\">Continued<\/a><\/p>\n","protected":false},"author":73,"featured_media":57063,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","esi_template":"default","excluded":false,"footnotes":""},"categories":[63,239,5283,106,237,238],"tags":[4126],"class_list":["post-57062","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial","category-europe","category-investments","category-latest-news","category-news-by-region","category-uk","tag-hitmarker"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hitmarker raises \u00a3521K in crowdfunding campaign<\/title>\n<meta name=\"description\" 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