Seedrs
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Type of site | Crowdfunding |
---|---|
Available in | English |
Headquarters | , |
Founder(s) | Jeff Lynn, Carlos Silva |
CEO | Jeff Kelisky |
URL | www |
Commercial | Yes |
Launched | July 6, 2012 |
Seedrs is an equity crowdfunding platform, headquartered in East London's Tech City, founded by Jeff Lynn and Carlos Silva in 2012.[1][2]
In 2020, Seedrs announced that 250 startups had raised funding through its crowdfunding platform during 2019.[3][4]
History[]
The company was founded in 2012 by Jeff Lynn and Carlos Silva as part of an MBA project at the Saïd Business School at the University of Oxford.[5]
In March 2012, Seedrs raised $1 million in seed funding from private investors including venture capital firm Draper Esprit.[6]
In May 2012, Seedrs became the first equity crowdfunding platform to receive regulatory approval from the Financial Conduct Authority.[7]
In July 2012, Seedrs launched its platform to the public.[6][8]
In November 2013, Seedrs raised £750,000 in funding through its own platform.[9]
In June 2015, professional tennis player Andy Murray joined Seedrs in an advisory role, having previously used the platform as an investor.[10][11][12]
In June 2017, Seedrs launched a secondary market, becoming the first equity crowdfunding platform to allow investors to buy and sell shares in unlisted companies.[13][14][15]
In August 2017, Jeff Lynn stepped down as CEO to take up a position as Executive Chairman. Former COO Jeff Kelisky was promoted to CEO.[16][17]
In August 2017, Seedrs raised £4 million investment for challenger bank Revolut.[18][19]
In October 2017, Seedrs announced it had raised £10 million in funding.[20][21]
In December 2018, Seedrs launched a venture capital fund aimed at passive startup investors.[22]
In August 2019, Seedrs raised £4.5 million in funding.[23]
In 2020, Seedrs and Crowdcube agreed to a merger.[24] This was abandoned on 25 March 2021 after the Competition and Markets Authority raised concerns about the deal.[25]
References[]
- ^ Silver, James (7 July 2012). "East London's 20 hottest tech startups". The Guardian. ISSN 0261-3077. Retrieved 4 June 2020.
- ^ "Just some of the investors you'll run into at #TheEuropas, June 13, London". TechCrunch. Retrieved 4 June 2020.
- ^ "Seedrs says amount invested on its platform jumped 49 per cent in 2019". CityAM. 6 January 2020. Retrieved 4 June 2020.
- ^ "Fintechs help deals on Seedrs jump nearly 50 percent". AltFi. Retrieved 4 June 2020.
- ^ "New Oxford Saïd research to study the economics of equity crowdfunding | Saïd Business School". www.sbs.ox.ac.uk. Retrieved 2 August 2018.
- ^ a b Russell, Jon (6 July 2012). "Seedrs Launches in the UK, Allowing Anyone to Invest in a Startup". The Next Web. Retrieved 4 June 2020.
- ^ Business, Editor (18 August 2012). "FSA warning over crowdfunding sites". The Independent. Retrieved 20 August 2012.
{{cite news}}
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has generic name (help) - ^ "Eating Its Own Caviar, UK Equity Crowdfunding Platform Seedrs To Crowd-Raise £500K As It Expands To Europe". TechCrunch. Retrieved 4 June 2020.
- ^ Sparkes, Matthew (25 November 2013). "Crowdfunding start-up Seedrs raises £750,000 through its own website". ISSN 0307-1235. Retrieved 4 June 2020.
- ^ Dann, Kitty (8 June 2015). "Andy Murray joins crowdfunding firm Seedrs". The Guardian. ISSN 0261-3077. Retrieved 4 June 2020.
- ^ Sweney, Mark (19 August 2015). "Andy Murray uses crowdfunding firm to invest in UK startups". The Guardian. ISSN 0261-3077. Retrieved 4 June 2020.
- ^ Association, Press (15 May 2017). "No1 Seedr? Andy Murray backs more UK startups". The Guardian. ISSN 0261-3077. Retrieved 4 June 2020.
- ^ "Start-ups might be about to receive a boost after Seedrs announces launch of secondary market". The Independent. 8 May 2017. Archived from the original on 11 May 2017. Retrieved 4 June 2020.
- ^ "Seedrs lifts cap on size of share lots in shakeup of its secondary market". AltFi. Retrieved 4 June 2020.
- ^ CNBC.com, Neil Ainger; Writer at (8 May 2017). "Seedrs to launch secondary market for crowdfund investors". CNBC. Retrieved 4 June 2020.
- ^ "CEO switch for equity crowdfunder Seedrs". AltFi. Retrieved 4 June 2020.
- ^ "Jeff Lynn steps down as CEO of Seedrs to become executive chairman | Startups.co.uk". Young Guns by Startups.co.uk: Start up a successful business. 31 August 2017. Retrieved 4 June 2020.
- ^ O'Halloran, Barry. "Andy Murray among Revolut investors on Seedrs". The Irish Times. Retrieved 4 June 2020.
- ^ "Revolut's $5.3 million crowdfunding campaign is oversubscribed". TechCrunch. Retrieved 4 June 2020.
- ^ Bounds, Andy (17 December 2017). "Crowdfunding a mission to save capitalism from itself". FT.com. Retrieved 4 June 2020.
- ^ "Seedrs valued at £50m after crowdfunding raise". BusinessCloud.co.uk. Retrieved 4 June 2020.
- ^ Evans, Peter. "Seedrs serves start-up fund". ISSN 0140-0460. Retrieved 4 June 2020.
- ^ Alois, J. D. (30 August 2019). "Seedrs Confirms £4.5 Million Funding Round, Larger Raise to Follow. Seedrs Users May Gain Access to Round". Crowdfund Insider. Retrieved 4 June 2020.
- ^ Butcher, Mike (5 October 2020). "Crowdcube and Seedrs agree to merge, creating a significant private equity marketplace". TechCrunch. Retrieved 8 March 2021.
- ^ Lynn, Jeff (25 March 2021). "Seedrs Terminates Merger with Crowdcube, Announces New Funding Round". Seedrs. Retrieved 28 March 2021.
External links[]
- Equity crowdfunding platforms
- Crowdfunding platforms of the United Kingdom
- British companies established in 2012
- 2012 establishments in England
- Internet properties established in 2012