Following its “Pitch to Rich,” equity crowdfunding platform Crowdcube announced that its #FundedClub has been recognized by the UK Business Angels Association.
The website shared:
“The UKBAA Angel Investment Awards is a celebration of the acievements of some of the UK’s most exciting angel-backed businesses and angel investors. This year the awards will see four of our funded businesses being celebrated in a range of categories.”
The funded businesses are:
LOVESPACE: Founded by Brett Akker, co-founder of Streetcar, LOVESPACE is considered the first storage-by-the-box company in the UK. It raised £1,562,960 from 257 investors on Crowdcube in 2014. It was shortlisted for “High Growth Team of the Year.”- Rollasole: Secured £269,240 from 135 investors for its innovative solution to the pain caused by high heels.
- JustPark: Reached £3.5 million from 2702 investors earlier this year and became the largest ever equity crowdfunding round for a tech startup.
- Silkfred: The online platform that showcases independent fashion brands raised £120,000 from 70 investors in 2013. It was dubbed Best Women-Led Investment”
The platform also shared:
“Rollasole and JustPark are being put forward for the Best Equity Crowdfunded and Angel Deal for their raises with us. That we have four of our previously funded companies shortlisted in these highly acclaimed awards is testament to the quality of the businesses we are funding.”
The UK Business Angels Association is the national trade association representing angel and early stage investment in the UK. (England, Wales and Northern Ireland). It has superseded the BBAA and was re-launched in its new strengthened role in July 2012.
The organization shared:
“Each year private investors account for between £800 million and £1 billion of early stage investment in the UK – the single largest source of early stage capital in this country. The angel community in the UK is also very diverse reflecting a range of different models and approaches including angel networks, small groups and syndicates; super angels; individual investors and new models such as accelerators.
“The UK Business Angels Association represents and connects all those involved in the angel investment market, including early stage VC funds, Banks and also non traditional sources of finance, as well as advisers and intermediaries; policy makers and academics with a view to ensuring a coherent ecosystem for financing the growth of start-up and early stage businesses.”
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