Crowdcube celebrates seven-year milestones

By Emily Nicolle on Wednesday 28 February 2018

Savings and Investment

The crowdfunding stalwart takes a retrospective look as it turns seven this year.

Recently named the number one UK crowdfunding platform for amount invested by Beauhurst, Crowdcube is celebrating its seventh year in action with a look back at some of its major milestones.

Indeed, its some 500,000 users have pledged over £400m on the platform so far, with more than £310m of those funds invested successfully across 215,000 individual investments. Businesses on Crowdcube have seen 640 completed raises, and 84 of those businesses raised at least £1m or more.

Two particular recent highlights for the platform include £10m raised in a single round by now-unicorn Brewdog, and digital bank Monzo’s last fundraise seeing £1m raised in just 96 seconds.

As a whole, over £7m in returns has been delivered to investors since Crowdcube’s launch in 2010, and now there are some 4,000 investors increasing their commitment by owning shares in the platform.

Data from Beauhurst also recently revealed that the platform raised more than £95m of funding for start-ups and early and growth-stage businesses in the last year.

Luke Lang, co-founder of Crowdcube said in a statement last month: “ As the UK’s leading provider of Series B funding rounds in excess of £1m, it’s highly encouraging to see that Crowdcube is fast becoming the first-choice for ambitious entrepreneurs looking to fund their business’ growth.  

“A challenger concept when we launched in 2011, equity crowdfunding has grown to be firmly established as a key source of finance for British business and a vibrant and exciting way for investors to back the businesses they love.”

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