6 years ago

PrimaryBid Secures £7 Million Funding to Expand Investor Access to Share Issuances

  • PrimaryBid, a UK-based platform connecting publicly listed companies with investors for discounted share issuances, has raised £7 million in funding

  • The round was led by Pentech and Outward VC with participation from Hambro Perks and other investors

  • PrimaryBid will use the funds to expand sales and marketing efforts and accelerate IT product development

  • The company has facilitated over £65 million in capital raises across 48 transactions, offering free access to investors with a minimum investment of £100.

      • ProblemFinancial Services

      "Publicly listed companies struggle to reach everyday investors when they raise capital, often leaving small investors out of the loop. This can lead to a lack of participation and liquidity in the market."

      Solution

      "PrimaryBid is a platform that connects publicly listed companies with retail investors, allowing them to participate in discounted share issuances. This gives everyday investors access to investment opportunities that they might not otherwise have."

      Covered on