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Seedrs closes GBP10m investment round

Seedrs has closed a GBP6 million crowdfunding round adding to the GBP4 million invested last month by Woodford Investment Management, and taking the total amount raised to GBP10 million.

The fundraising round values Seedrs at GBP50 million on a fully-diluted, post-money basis.
 
Over 2,000 existing shareholders and new customers, from 35 countries, invested over the course of the five-day campaign. The average individual investment was GBP3,200 and the largest individual investment was GBP800,000 with the highest number of investors coming from the UK, Germany, Portugal, France and Italy.
 
Jeff Kelisky, Chief Executive Officer of Seedrs, says: “We are delighted to have received over GBP6 million investment from over 2,000 of our customers and community. It was highly important to us that we could open up as much as possible for our existing investor base, and this sum, combined with Woodford’s investment of GBP4 million earlier this month takes us to GBP10 million.
 
“This round is yet more evidence of the market’s conviction that Seedrs is on the right path to delivering shareholder value by opening venture capital opportunities to retail investors for fast growth companies – and without Seedrs having pioneered regulated equity investment, these opportunities would have remained closed to them.”
 
Seedrs has now funded over 530 deals with more than GBP260 million invested into campaigns on the platform, with the last 12 months seeing an aggressive ramp up in activity.

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