Investment crowdfunding platform Seedrs is ending the summer on a positive note. According to the UK-based company, August has been a stellar month.
The funding portal revealed in a note to followers;
“You’d think it would be safe to assume that most people head offline over August to enjoy exotic travel, soak up some sun, and spend quality time with family and friends. That is apparently not the case when it comes to investing on Seedrs, as August has been our most active month of the year so far. Seventeen deals reached their targets in August, with total investment through these campaigns in excess of £6.9 million.” [about $10.6 million]
Launching the Seedrs self-crowdfunding offer certainly helped. Seedrs offered £2.5 million in equity to their registered investors. That funded in just four minutes and stands at just under £4 million today.
Beyond their own equity offer, Seedrs had successfully funded: PixelPin, Tossed, Ascendia Drive (now HiyaCar), Trillenium and the Venrex Fund.
It will be interesting to see how the funding platform does in Q4. With the forthcoming launch of their US platform this should give broader access to both deals and investors, ratcheting up their crowdfunding growth.