Circle Leads Investment Into Crowdcube To Accelerate Global Startup Fundraising
11/23/21, 7:30 AM
Location
bostonCircle Internet Financial, LLC, owner and operator of SeedInvest, a leading startup fundraising platform in the U.S., today announced they are leading Crowdcube's $13.5 million round by taking a stake worth approximately $10.5 million in the business, aligning two of the most prominent and pioneering platforms in their respective markets. Crowdcube is the largest startup fundraising platform in the U.K. The strategic partnership will help pave the way to a global future for internet-native capital formation at every level of private fundraising, from seed stage to public offering.
Company Info
Location
boston, massachusetts, united states
Additional Info
The European marketplace for retail investment into private and public companies, Crowdcube enables entrepreneurs to raise finance with the added benefit of being backed by their community. For investors, Crowdcube provides a way to hand-pick a stake in an innovative business they believe in that traditionally would have been restricted to professional investors. Since it was founded in 2011, Crowdcube has funded over 1,130 deals. With over one million members, a total of £1bn has been invested on the platform to date.
Businesses that have successfully raised funds with Crowdcube include BrewDog, Camden Town Brewery (acquired by AB INBev), carwow, JustPark, eCar Club (acquired by Europcar), Feedr (acquired by Compass Group), Freetrade (primaries and secondaries), Grind, Innis & Gunn, Mindful Chef (acquired by Nestle), Monzo, Parcel2Go, Pod Point (acquired by EDF), Revolut, and Nutmeg (acquired by JP Morgan).
SOURCE Circle Internet Financial LLC