Crowdcube Publishes Quarterly Update Showing Quarter over Quarter Growth

Last week Crowdcube published a quarterly report providing additional insight into the crowdfunding platforms operations. The UK based platform published the following comparative metrics indicating significant growth versus the same quarter year prior:

Key metrics for Q1 2019 compared to Q1 2018

  • £1.8 million revenue; an increase of 50%
  • £42.3 million of pledged investment; an increase of 6%
  • £29.3 million successfully invested; an increase of 16%
  • 51 pitches funded; an increase of 4%
  • 33,000 pledged investments; an increase of 8%
  • 29,000 successful investments; an increase of 29%
  • 40,000 member registrations; an increase of 31%
  • 1.3 million web visits to Crowdcube; an increase of 6%

It is notable that top line revenue increased by 50% as the company pushes towards the long road to profitability.

Crowdcube was recognized as the top UK equity investor for 2019 by data and research provider Beauhurst – an impressive accomplishment.

The complete report is available here.

Sponsored Links by DQ Promote

Send this to a friend