UK equity crowdfunding site Crowdcube announce the successful funding of two companies listed on their site today. Bike Leasing which successfully raised £80,000 for 16% equity in the corporation by receiving support of 46 investors. The A shares were listed at £7,500 each.
The start up is a premium bike leasing business targeting enthusiasts who regularly trade up to newer bicycles. The equity pitch also included a rewards based aspect where funders could receive various perks.
The second company to raise their targeted goal was Angel Alerts. %15 equity was offered in this business for a total amount of £50,000. 27 investors participated in this round of finance.
Angel Alerts is a web based service that acts as a repository for your digital assets such as passwords, files, social networks which may then be passed onto your heirs as part of your estate once you die. Perks were included in this offering as well pertaining to different levels of service from the company.
Crowdcube continues to lead the way as one of the first European crowdfunding platforms to offer equity in companies in search of early stage funding. To date Crowdcube has raised over £5,000,000 from over 29,694 registered investors.
Crowdcube recently received acknowledgement from British Financial Services Authority (FSA) as being authorized and regulated. The platform launched live without FSA acknowledgement by leveraging existing regulations to power their equity based crowdfunding platform.
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