Seedrs raises record-smashing £195m for startups
Equity crowdfunding site Seedrs raised £195m for startups last year - a record amount for the London-based platform.
The £195m was shared between a total of 186 European companies which had appealed for funding through Seedrs. A lucky 28 of those companies attracted more than £1m.
The company, based in in East London’s Tech City, raises funds for investing in startups and later-stage businesses throughout Europe.
2018 was a “sensational” year for the business with record investment levels, according to Seedrs chief Jeff Kelisky. In fact, the closing figures show a 60% increase on the previous year.
Among the most successful raisers include Transfergo, which bagged €11m, and £3.5m for London-based Urban Massage.
More than 2,000 customers back Seedrs, alongside fund manager Neil Woodford, Faber Ventures and Augmentum Fintech. It also boasts a stock buying and selling market, where 5,800 investments have sold since 2017.
Seedrs was also the first equity crowdfunding platform to receive regulatory approval from a financial regulator – securing approval from the Financial Conduct Authority in May 2012.