Raffolux, the young British start-up, is being cited as one to watch in 2021, as the exciting venture is setting out to transform the traditional raffle into an exciting mass-market digital experience.
One which offers people the chance to win premium, aspirational prizes whilst raising money for charities across the UK.
The founders of Raffolux and men with the vision, Gerry Lianos and Harry Hammond, both aged 24, recognised that the online raffle sector was under-developed but primed for growth in the UK. The market was tired, largely occupied by single purpose raffle platforms – e.g. property or automotive – and a plethora of casual players. Gerry and Harry’s bold ambition from the start was to build an aspirational, mass-market brand that would become the clear market leader.
It’s an insight which has been supported by an impressive roster of investors as Raffolux has received over £1,000,000 in seed funding
Quartz co-founder and CEO Zach Seward has reached an agreement to acquire Quartz from Uzabase, the company’s owner for the past two years.
Seward, who remains CEO, is partnering with editor-in-chief Katherine Bell, now a minority owner, to operate Quartz as a private company.
The acquisition is effective immediately. Terms of the deal were not disclosed.
“Quartz’s mission is to make business better,” Seward said in a stateemnt. “We want Quartz to be an ally and resource to our readers in developing new and better ways of doing business. This is an exciting moment for our own business, as we become an independent media company again. I’m thrilled to be taking this step after helping to build Quartz, with so many others, over the past eight years.”
Added Bell, “In a time of great change and risk, we need ambitious and innovative business journalism more than ever. Quartz’s progressive,