OFF3R, a UK based aggregator of alternative finance platforms, released its latest installment of the OFF3R Index that revealed more than £40 million was invested in early stage businesses in March 2017 through equity crowdfunding platforms in the UK. The company states this new record-breaking figure smashes the previous monthly high, set back in July 2015, by over £13 Million.
According to the latest data, equity crowdfunding had a very strong finish to 2016 but had so far had a slow start to the year. The company’s Index delivers a monthly view on the amount raised via some of the leading equity crowdfunding platforms in the UK, which includes Crowdcube, SynidcateRoom, Angels Den, and Seedrs. Lex Deak, CEO at OFF3R, shared:
“The latest OFF3R Index data, coming on the back of the Brewdog deal, makes for very interesting reading for investors in the sector. There certainly feels that there is some very strong momentum behind the industry as we head towards the summer months. We are seeing that equity crowdfunding continues to move more mainstream and investors are now starting to see some early returns. Investors need to continue to be mindful that equity crowdfunding is a long term and illiquid investment but this data does provide the industry with a real shot in the arm.”
OFF3R noted that the latest report release follows the news that BrewDog secured £213 Million from American private equity firm, TSG Consumer Partners. This new investment now values the UK brewer at more than £1 billion. See the full report below.
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