It’s a year since Seedrs launched and the equity crowdfunding platform is now the fastest-growing in Europe.
As of its first birthday the platform has funded 27 campaigns and attracted 17,000 users.
What’s more, over half of their investors have never invested in a startup before.
Headline-grabbing
Back in April Seedrs hit the headlines when they reached a total of £1 million raised in only 9 months.
Jeff Lynn, CEO of Seedrs told us the results were beyond their expectations and believes “the success so far shows we have got the model right and build a product that investors and entrepreneurs alike want to use”.
Unusually for a crowdfunding platform Seedrs focuses on making it easier to startups to raise follow-on-finance by entering into subscription agreements.
What’s next
London is leaps ahead of other cities with almost half of the funded startups being based in the capital. Seedrs tolds us they plan to expand internationally later in the year, but in the meantime they’ll continue to focus on further expansion across the UK.