UK based investment crowdfunding platform Crowdcube has released some half year numbers regarding their progress. The young company shares they have raised £15 million for all of 2014. That makes approximately £30 million since the site launched in 2011. Some other data points include:
- 131 businesses funded
- An estimated 3000 jobs have been created with the funding
- Top two sectors are technology and Food & Drink
- Over 80,000 users have registered on their platform
It was only this past May that Crowdcube announced they hit the £9 million mark for the year so you know they have been quite busy during the following weeks.
In June research company Beauhurst noted that Crowdcube was leading the charge for “Seed Stage Blossoms”. This is part of a broader trend of growing equity investments in the UK – an encouraging sign for the economy.
Another new chapter in the book of crowdfunding was written when Crowdcube launched the first “Mini-Bond” offer. The Chilango “Burrito Bond” was quickly followed by an offer from River Cottage that raised £1 million in just 36 hours.
It will be interesting to see what the second half of 2014 brings from the team in Exeter (and their new London office).
