Hedgehog, a fractional investing platform leveraging blockchain, is raising growth capital on Seedrs and has quickly topped its funding goal.
According to the offering page, Hedgehog is seeking £1 million in equity at a pre-money valuation of £20.4 million – representing about a 4.8% stake in the firm. The offering is EIS qualified, Seedrs Secondary Market approved, and a Seedrs nominee structure. As of today, Hedgehog has raised £1,066,213 from 178 individual investors.
Hedgehog is described as a “real world” investment app that provides fractional investing in alternative assets. Launched last year, Hedgehog reports access to a portfolio representing over $1.5 billion of assets including commercial property – a sector the firm appears to be concentrating on – at least initially. Some of these assets are designed to provide stable income. According to the company website, the minimum investment in an asset is $1000.
Hedgehog utilizes “tokenization” to directly or indirectly provide access to real-world assets. The technology is designed to help Hedgehog remove intrinsic friction in the investments.
In a company statement, Hedgehog co-founder and Michael Ward, said they are excited to grow the company’s shareholder base at this early stage. The pursuit of an investment crowdfunding round aligns with their mission of making it easy for people to invest in previously inaccessible assets.
Rob Lamb, co-founder of Hedgehog added:
“Crowdfunding to increase the number of people who own a stake in Hedgehog was always part of our plan, given our passion to help democratise investing by making very attractive but previously inaccessible assets available to more people.”
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