PHARMASEAL Crowdfunding Case Study
In recent times, clinical trials have become important for finding new treatments, as well detecting and diagnosing diseases. PHARMASEAL – a pharmaceutical B2B software provider, has aimed to disrupt how clinical trials are managed and bring new medicines to market faster. They approached Drop Studio to create their crowdfunding campaign for Seedrs. The campaign we curated for them helped PHARMASEAL create awareness for their brand, in turn helping them raise funds. As a result, the PHARMASEAL Seedrs crowdfunding campaign overfunded past their target by 104% and raised a total of £522,312 from 588 investors. Here’s the crowdfunding success story of PHARMASEAL.
PHARMASEAL – The Brand
Clinical trials are important before bringing any medicine or medical device into the market. Even after the drug is approved, clinical trials continue to ensure the longevity and efficiency of the drug. PHARMASEAL have created a platform which helps to streamline this process, thereby fast-tracking clinical trials.
Their innovative product, Engility, is a cloud B2B platform designed for the thousands of global SME companies developing new drugs and medical devices. The software provides a single management platform thereby allowing companies and suppliers to collaborate, improve supply chain and as a result, streamline their clinical trials.
PHARMASEAL Crowdfunding – How Drop Studio supported them
To raise funds via crowdfunding, PHARMASEAL chose Drop Studio as their consultants. The brand wanted to communicate a message to investors about how their platform aims to disrupt the management of future clinical trials. We tailor-made their crowdfunding campaign video for Crowdcube. From scripting to production, our team created the perfect fundraising video which helped support their campaign on Seedrs.
Drop Studio also created bespoke content for digital marketing as well as social media. This content was used throughout the campaign. Additionally, PHARMASEAL also enrolled into our crowdfunding course, where they mastered how to plan and launch a successful crowdfunding campaign as well as raise funds from angel investors.
PHARMASEAL Crowdfunding – Their journey on Crowdcube
Opening their campaign to the public on Seedrs, PHARMASEAL made steady progress towards their £500,001 goal. Towards the end of their campaign, the brand raised £522,312 from 588 investors.
How Drop Studio can support you
Fundraising Accelerator – Our Fundraising Accelerator gives you all the tools to run a successful fundraising campaign and it comprises of 3 key services:
Crowdfunding Video Production (Applicable for Crowdcube/Seedrs, Kickstarter or Indigogo) – From writing creative film ideas and scripts to filming and editing with animation and 3D graphics, we create eye-catching videos to assist ambitious businesses in effectively communicating their ideas, products, or services. We also produce social assets from the video to be used to support your campaign.
Online Course and Campaign Manager (Applicable for Crowdcube/Seedrs, Kickstarter or Indigogo) – The Online Course gives you step-by-step instructions and detailed guidance on strategic crowdfunding and campaign planning. You’ll master how to plan and conduct effective campaigns on Crowdcube, Seedrs, Indiegogo, and Kickstarter as well as raising funds privately through Angel Investors. In addition, you will be assigned a campaign manager who will be on hand to support throughout your campaign and answer any questions you have.
Investor Research – Our Investor Research helps connect you with relevant investors. As a result, our investor research can help you onboard potential investors who may be interested in your campaign.
Pitch Deck – The pitch deck is a crucial document that you will need. We help you formulate the right pitch that has the potential to draw in investors. We ensure that your pitch communicates your mission, vision, and explains your business in a clear and concise way, whether it’s for crowdfunding or private fundraising.