Crowdbase Breaks Records with Ask Wire Campaign: €539,720 Raised from 274 Investors

27 May 2025

A Record Breaking Campaign

Cyprus based equity crowdfunding platform Crowdbase is proud to announce the successful completion of a record-breaking campaign for Ask Wire, the real estate intelligence startup transforming property data into actionable insights. The campaign, which closed on May 18 2025, raised €539,720 from 274 investors, setting a new high for both Crowdbase and Cyprus in terms of startup crowd investing.

This achievement marks the largest amount ever raised through an equity crowdfunding campaign for a startup in Cyprus, and also shatters Crowdbase’s previous record of 141 investors in a single campaign.

What does Ask Wire Do?

Ask Wire consolidates fragmented real estate data, ranging from active listings and transaction records to foreclosure sales, into a unified analytics platform used by developers, agents, banks, and insurers. With the funds raised, the company will accelerate its expansion into Romania and other Eastern European markets, as well as enhance its platform capabilities.

Crowdbase and Ask Wire Statements

“This campaign is a testament to the growing power and trust in equity crowdfunding,” said Frixos Larkos, CEO at Crowdbase. “It proves that individual investors can come together to support visionary startups and push the local tech ecosystem forward.”

The campaign’s success was powered by Crowdbase’s highly engaged investor community, coupled with strategic outreach to angel networks and investment groups behind the scenes. A key driver was also the personal involvement of Ask Wire CEO Pavlos Loizou, who mobilized his professional network and long-standing industry relationships to build momentum and trust. “It’s incredibly rewarding to see such strong belief in our mission,” said Pavlos Loizou, CEO of Ask Wire. “This isn’t just funding, it’s a vote of confidence from hundreds of investors who see the opportunity to reshape real estate across South-Eastern Europe. We're now in a stronger position to scale faster and bring even more value to our clients.”.

Crowdbase continues to position itself as a regional leader in equity crowdfunding, with a focus on unlocking capital for high-potential startups and providing new investment opportunities for its community.