In July 2012, Hosewear was the first project to be funded on Hooandja.ee – the CEE region’s first non-profit crowdfunding platform. After this successful debut, Hosewear (a company making recycled bags and iPad sleeves out of old fire hoses) grew their team to five people, sourced almost 40 km of fire hoses from Estonia and Norway, and shipped its products to more than 30 countries around the world.
Since then, Hooandja.ee has been used by an estimated 33,000 funders to provide support of over 1M euros to over 320 creative projects.
The people who built Hooandja have now created Fundwise, the next logical step in crowdfunding. Over the next 24 months, we are looking to increase our efforts tenfold to get smart ideas funded for international growth.