Leading UK based investment crowdfunding platform Seedrs has opened up registration for a self-crowdfunding round. The platform announced in August that two of their institutional shareholders had committed to a £4.5 million investment into the company. Additionally, Seedrs is planning a far larger round next year but smaller investors are now being signed up to back the company prior to the forthcoming “substantially larger priced round.”
Seedrs has reported consistent growth over the past few years. The company expects to achieve profitability by 2021 with operations hitting break even at some point in 2020 – if there is no additional investment into growth.
Seedrs points to its growing portfolio of services as it shifts to “beyond crowdfunding.”
To quote:
“We see a world in which private company investment has the liquidity of public markets combined with the accessibility of e-commerce. That is why we are building a comprehensive, full-scale, feature-rich marketplace, designed to meet the needs of all types of private companies and growth investors. From our proprietary Secondary Market to our pioneering investment automation products, AutoInvest, and the Seedrs EIS100 Fund, to our performance and portfolio data analysis features, we’re on a rapid trajectory to providing investors and businesses with a true capital markets experience.”
Seedrs has combined access to investment opportunities for early-stage firms pairing money from institutions and retail investors. Issuers may raise capital from seed to pre-IPO rounds all provided on a digital platform that fosters a community of engagement and transparency.
The UK arguably has the most robust investment crowdfunding ecosystem in the world do in part to a regulatory environment that encourages competition and entrepreneurship. Seedrs, which also has a continental European presence, is one of several online platforms that leads the industry in the UK.
In April, Seedrs was revealed as a participant in DIT’s Fintech Bridge program with Hong Kong indicating a possible interest to expand into Asia. At that time, Seedrs cofounder and Chairman Jeff Lynn stated:
“Seedrs’ vision is a global one, and we’re very much looking forward to working with both the UK and Hong Kong governments in pursuit of a dynamic and forward-thinking regulatory framework for all investors to have access to early-stage equities.”
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