Crowdfunding platform Seedrs has surpassed £1bn in total investments recorded on the platform.
Seedrs CEO Jeff Kelisky said, â€We passed many milestones in 2020; from having hit 17 company exits to delivering over 27,000 investor exits on our secondary market. However, on Christmas Day we passed the £1 billion mark in platform investments. This is such a great milestone to us for three reasons.
“First, we started Seedrs to democratise investment into private growth businesses and this milestone is a clear measure of value put to work for our customers. Second, is that this is also a measure of earned trust by both entrepreneurs and investors. And third, is that in a year which has proved to be so challenging, personally and professionally for so many, the fact that we can and have succeeded in continuing to grow and serve our customers during this time is immensely rewarding for all of us here.â€
The platform is has seen a number of FinTech companies raise capital on the platform. Earlier in the month, UK-based InsurTech startup Hiro launched its crowdfunding campaign on the platform and  Property investment platform Brickowner closed its round on £500,000.
Last year, Seedrs announced it would be merging with fellow crowdfunding platform Crowdcube. More than £2bn has been invested in campaigns on Seedrs and Crowdcube amd they have helped more than 1,500 companies secure investment, including Brewdog, Revolut and Perkbox.
The merger sees Crowdcube acquire all outstanding share capital of Seedrs via scheme of arrangement.
Copyright © 2021 FinTech Global
