10 years ago
Crowdcube Secures £6 Million Funding Led by Numis
Crowdcube, a UK-based investment crowdfunding platform, has raised £6 million in funding led by Numis, with participation from Tim Draper and Draper Esprit, and existing backer Balderton Capital
The company plans to use the funds to expand its team, develop new products including a solution for companies going public, and invest in marketing
Crowdcube has an investor community of nearly 200,000 investors who have committed almost £100m through the site since its launch in 2011.
ProblemTechnology
"It's hard for startups to get funding from traditional sources. They are often locked out of these markets because they are too small. "
Solution
"Crowdcube makes it easier for startups to get funding from individual investors. This allows them to grow faster and become more successful. "