Seedrs Tops £1 Billion in Platform Investments, Reports 17 Exits for Investors

Seedrs has topped £1 billion in total investments according to a note posted by the investment crowdfunding platform. Launched in 2012 by co-founders Jeff Lynn and Carlos Silva, the platform was the first of its kind to receive regulatory approval to operate by the UK Financial Conduct Authority. Since its inception, Seedrs has been a leader in this sector of Fintech in the country that trailblazed crowdfunding.

Upon announcing the billion-pound milestone, Seedrs also shared that it has booked 17 exits to date returning over £4 million to investors. In 2020, Seedrs reported 7 exits.

Seedrs CEO Jeff Kelisky issued the following statement on the news:

”We passed many milestones in 2020; from having hit 17 company exits to delivering over 27,000 investor exits on our secondary market. However, on Christmas Day we passed the £1 billion mark in platform investments. This is such a great milestone to us for three reasons. First, we started Seedrs to democratise investment into private growth businesses and this milestone is a clear measure of value put to work for our customers. Second, is that this is also a measure of earned trust by both entrepreneurs and investors. And third, is that in a year which has proved to be so challenging, personally and professionally for so many, the fact that we can and have succeeded in continuing to grow and serve our customers during this time is immensely rewarding for all of us here.

I’d conclude in personally thanking our community of investors and founders who have helped us achieve this important milestone, and the brilliant Seedrs team, whose hard-work and dedication has led us to this point and will continue to do so into the future”
In celebration of a huge milestone both for our team and our community, we wanted to take a look at some of our team-picked highlights over the years that have helped us get to where we are today.”

Seedrs Chief Investment Officer Kirsty Grant commented on the growing number of exits for an asset class that requires a good amount of patience:

It’s very rewarding to see the Seedrs portfolio start to reach maturity and deliver returns for our investors and to see the hard work and dedication of our entrepreneurs pay off.   In addition to providing Seedrs investors with exit opportunities through the Seedrs Secondary Market, we’re seeing a growing number of portfolio company exits each year through trade sales, IPOs, and secondary offers from strategic investors.   Exits via trade sale or incoming strategic investor have been the most profitable, in some cases delivering over 80% return on investment over a holding period of 2-3 years, which is remarkable value growth that our portfolio companies should be proud of.”

While the year of COVID may have delivered solid results for the online capital formation platform, Seedrs is queued up for even bigger things in 2021. Announced in Q4 of 2020, Seedrs will be merging with its erstwhile competitor Crowdcube thus creating a dominant investment marketplace and shareholder community. The combined entity should be well-positioned to expand in continental Europe as well as other markets such as Asia and North America while providing a series of new features and services to investors and issuers around the world.

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