Manchester property crowdfunding platform, the House Crowd, announced on Thursday it has joined Canary Wharf-based tech hub, Level39. This news comes just a few months after the funding portal celebrated its five year anniversary.
Level39, which was launched in March 2013 by the Canary Wharf Group, is described as a tech hub that supports fast-growing tech companies in three ways, giving access to world class customers, talent, and infrastructure. Since its debut, the hub has grown to three-floor, 80,000 square feet community space that occupies the 39th, 24th and 42nd floors of One Canada Square.
According to The House Crowd, since its launch in 2012 is has raised more than £48million and paying out over £10million to more than 15,000 investors. It also considers itself a leading force in the UK’s proptech industry. Speaking about The House Crowd becoming Level39’s latest member, David Roberts, investment director at The House Crowd, stated:
“Level 39 is home to some of the fastest growing and successful technology companies in Europe and we’re delighted to be setting up The House Crowd’s first dedicated London office here. Having recently celebrated five years in business, an expansion into London was a natural progression for the company, as we seek to strengthen our position as the UK’s longest trading property crowdfunding platform.”
The House Crowd went on to add it is continuing to source quality investment projects throughout the UK and recently had its most successful week ever, raising a total of £1.5 million for the week ending on June 2nd. The House Crowd allows smaller investors access to UK property investment beginning at £1000.