Investing & Mobile Day.
In 2014 Innoventure Partners was approached by Mobile Day to help with B-Round funding for their new products which help business productivity. Their innovative app allows users to schedule meetings and be ready to connect to teleconferencing with the touch of a button, while all phone numbers, connection codes, and meeting times are stored within the users calendar and scheduling apps. This makes for a one touch solution that enhances productivity.
During the investment round, Mobile Day had already secured institutional investors, including some of the more prominent venture capital firms in the United States. With a little more than $1 million left to go in the round, Mobile Day wanted to procure investment from industry leaders and veterans familiar with or excited by the technology. As the close of the investment round was nearing, Innoventure Partners was contacted to help meet the goals.
Innoventure Partners called upon its network of investors throughout North America and Asia to fund the new technology. Investors within the Innoventure network were given the ability to work with blue chip investors already within the stable of Mobile Day. Through the help of Innoventure Partners, Mobile Day exceeded their investment requirements while creating an investor base which has proven to be more strategic, helpful and goal oriented, in line with the development and expansion needs of Mobile Day.