Wed 21st Jul 2021 - Market Halls to launch £1m crowdfunding push Market Halls to launch £1m crowdfunding push: Market Halls is to launch a £1m crowdfunding campaign with Seedrs. The company stated: “With over 2.3 million visitors across our three sites since opening in 2018, Market Halls was on track to grow revenue by 77% in FY20 prior to national lockdown. Now they are reopening their doors, with everything they had before and more, and ready to grow exponentially. The crowdfunding campaign is an exciting opportunity for fans of Market Halls and other investors to join the business on its journey to national success. With three gold-dust locations, an NPS (Net Promoter Score) score of 62 and 80% of their customers being repeat visitors, Market Halls is a clear market leader. Market Halls generated £15m+ revenue in the 12 months of trading prior to lockdown, Market Hall Victoria alone welcomed more than 1m customers and Market Hall Oxford Street hosted brands such as Niketown, Apple, Lululemon and Haig Club. With exciting new initiatives in place and a site opening in Canary Wharf in 2022, Market Halls is offering investors the chance to join the company on the cusp of expansion. As part of the investment opportunity, investors will be offered not only shares, but a series of incentives including various discounts in the venues, VIP hire of event spaces, exclusive access to events, their name on the Market Halls founder wall and many more.” Chief executive Andy Lewis-Pratt said: “Since launching in 2018 in Fulham and Victoria we were so overwhelmed with their success that we opened our third site on Oxford Street in 2019 and shortly after that, the world went into lockdown. After 18 plus months of covid-19 and careful strategic planning, we have partnered with Gees Court Partners and are finally able to reopen and pick up where we left off. We are so pleased to be working with Seedrs to give investors the chance to capitalise on the pent-up demand for great times and memorable experiences.” Gee Court Partners founding partner Esat Kolege added: “We are proud to have invested in Market Halls, helped them navigate through the pandemic and partnered with them on their re-opening journey. We have decided to lead a new round of funding that will not only help Market Halls gain momentum but project them into new locations and unlock further growth opportunities. Our community has always been an integral part of the story and now, for the first time, we invite them to become shareholders and brand ambassadors.” Pre-registration for the Market Halls campaign is open on Seedrs and those who pre-register will get 24 hours’ exclusive access on Tuesday 3rd August to invest ahead of the public launch on Wednesday, 4 August. The company’s Victoria site alone produced turnover of £8.8m in its first year ad produced Ebitda of £1.5m.