Web entry and on-line safety supplier Gigabit IQ (previously Grayshott Gigabit) has begun inviting chosen folks to spend money on their firm through crowdfunding, which they rightly warn is a “excessive danger funding” and one the place those that make a dedication are “unlikely to be protected if one thing goes mistaken“.
The thought of crowdfunding on this method is relatively uncommon for a broadband supplier and isn’t prone to scale in addition to shares or direct funding agreements (e.g. personal fairness, debt, financial institution loans, public subsidy and many others.). However for a smaller supplier, it might nonetheless have some advantages, offered you’re keen to just accept the dangers.
In keeping with an e mail despatched out by Gigabit IQ, which was seen by Thinkbroadband, the scheme is presently within the “pre-launch” part. On account of this, we don’t but know a lot about how the crowdfunding marketing campaign will function, what it should search to boost, its eligibility guidelines or how the funding will then be used (i.e. will it go towards FTTP community enlargement, improvement of their wholesale web safety merchandise or be used extra typically?).
Gigabit IQ’s Electronic mail Invite
Don’t make investments until you’re ready to lose all the cash you make investments. It is a excessive danger funding and you’re unlikely to be protected if one thing goes mistaken
Hello, we’re crowdfunding! What started as a neighborhood undertaking in Grayshott is now increasing throughout the UK. As one of many individuals who supported us early, we’d love you to hitch our nationwide journey by providing you the thrilling alternative to share within the unique pre-launch to hitch Gigabit IQ’s first funding spherical earlier than our crowdfunding marketing campaign goes public.
At Gigabit IQ, we’re not simply one other broadband firm. We’re redefining the ISP area by combining full-fibre gigabit speeds, award-winning managed Wi-Fi, and AI-driven on-line security instruments to guard households, colleges, and companies.
Right here’s why now’s the suitable time to get entangled:
1. Confirmed traction: We’ve doubled our prospects up to now 12 months and achieved 3x income progress in 3 years.
2. Large addressable market: With entry to 1.5 million houses throughout the UK, we will serve over 500 cities and villages.
3. Award-winning innovation Winner: Finest UK Rural ISP and Finest OTT Service.
4. Shortlisted: 5x nominations on the ISPA 2025 Awards.
5. Business management in on-line security: We’re working with Web Issues
6. Group-first mannequin: We actively help colleges and PTAs, and we’re launching
Total, it’s an fascinating concept, though a lot will depend on the element and what they’re truly planning on doing. All of this is essential as a result of Gigabit IQ isn’t a big, acquainted model like a number of the market’s different gamers. Individuals who commit their cash to this may wish to know exactly what it’s going to help and what targets will probably be set to make sure some accountability on the supply facet.
