PledgeMe's second equity round has met its minimum goal, meaning the company has raised at least $250,000 of investment.

Anna Guenther, PledgeMe CEO, says this investment means PledgeMe will be able to support more project and equity campaigns.

“We are extremely happy to be able to grow crowdfunding in New Zealand with the help of our crowd,” Guenther says.

“With 10 days still to run, we're hoping that by hitting our minimum goal we will have even more of our crowd come onboard and invest.

“It's exciting that we're going to be able to help even more Kiwis fund the things they care about,” she says.

Guenther says further investment over its minimum goal would allow PledgeMe to grow faster.

“PledgeMe has already seen massive growth since our first equity crowdfunding round late last year.

“PledgeMe has gone from a total of $2.8 million pledged, before we equity crowdfunded, to over $7 million in just seven months.

“We've grown our team, grown our revenue, and grown our user base with more and more people aware of crowdfunding as a viable option in New Zealand," she says.

According to Guenther, PledgeMe has a detailed plan for how further funding will allow the team to develop the platform and grow crowdfunding even further.

“Further funding will also mean we can properly investigate further products like crowdlending and look to expanding our equity crowdfunding service to Australia and support the discussions around their legislation changes,” she says.

PledgeMe's campaign will close at either 10 PM on Friday 24 July or when its maximum of $750,000 is reached.