Sophia Technologies Crowdfunding Case Study
Sophia is the UK’s first mobile app that takes the stress away from finding the educational support that children need. Founded by educational leaders, the EdTech startup plans to disrupt the sector by providing face-to-face, online tuition and workshops so that kids keep on learning. Sophia approached Drop Studio for crowdfunding campaign support on Seedrs as they were planning to raise funds via the FCA approved platform. As a result, Sophia Technologies Seedrs crowdfunding campaign was a roaring success where they managed to raise £581,580 from 367 investors. Here is their Seedrs crowdfunding success story.
Sophia Technologies – The Brand
Sophia Technologies was founded and run by a team of educational leaders with decades of experience in the industry. Their innovative platform provides on-demand tuitions, private home tuitions (London only) and online tuitions in the U.K and is accessible worldwide through their native app. Sophia ensures that the tutors are recruited after stringent quality checks, thereby maintaining the highest standards. What makes their platform unique is that it allows users to book a session via the app as per the place and convenience.
Geared with positive testimonials and a 100% repeat booking rate, Sophia Technologies were seeking funding to disrupt the EduTech sector, which is estimated to grow by £105.9bn this year.
Sophia Technologies Crowdfunding – How Drop Studio supported them
After meeting the team at Sophia Technologies, our creative team understood that there was a need to create a narrative around their crowdfunding campaign. From scripting to production, our team created the perfect fundraising video which went well with their campaign on Seedrs.
Apart from the crowdfunding video production, our team of experts also helped the brand to optimise their fundraising campaign on Seedrs. Sophia Technologies enrolled in the Fundraising Accelerator Program, which includes Crowdfunding Video Production, Online course, Campaign Manager and Investor Research.
Sophia Technologies Crowdfunding – Their journey on Seedrs
Sophia Technologies crowdfunding campaign was a complete success! Post-launch, their campaign on Seedrs, Sophia Technologies smashed their initial £300,000 target, overfunding by 189%.
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 yo