Crowcube, the first securities crowdfunding platform in the United Kingdom, is reporting over 2 million investors.
Crowdcube was incorporated in 2009 and launched in 2011 by co-founders Luke Lang and Darren Westlake.
Since that time, Crowdcube has enabled over £1.5 billion (almost $2 billion) in investments, funding more than 1600 businesses. Crowdcube has also expanded into the European Union under ECSPR, having previously set up a platform in Spain. Crowdcube does not typically provide frequent reports but last month the online investment platform received over 15,000 unique investments committing £13.5 million.
In a blog post, Crowdcube shared that “for years, access to late-stage, pre-IPO companies was reserved for a select few. Now, this 2 million-strong community is fundamentally changing the fundraising landscape.”
The company highlighted its ability to raise capital for early-stage ventures while noting its capacity to provide liquidity for investors through its secondary trading solutions. Crowdcube also pointed to their recent partnership with LSEG [the London Stock Exchange Group], which became the first PISCES marketplace approved by regulators.
PISCES is a Private Securities Market that aims to provide more access to later-stage private firms. Crowdcube will be recognized as a Registered Auction Agent, giving access to its investors.
Online capital formation has changed significantly since 2011. Today, these investment platforms provide access to startups and later-stage ventures. The advent of digital assets will see forward-thinking platforms leverage technology to improve the entire experience, simplifying capital raising, investor management, and liquidity. Crowdcube is one of these platforms that is well-positioned to benefit from these innovations.