16 December 2015 09:15
Crowdfunder raises over £1.3million - and unveils plans to support up to 150,000 projects across the UK
The UK's #1 rewards crowdfunding platform, Crowdfunder, has raised over £1.3million to expand its business.
More than 900 people invested in the crowdfunded share offer, which valued the company at over £15million, post money, taking the total number of shareholders to over 1,000. Investors included The Eden Project's Sir Tim Smit, The Cambridge Satchel Company's Julie Deane OBE, entrepreneur Dominic List and leading green financier, Ben Goldsmith, as well as Creative England.
Caroline Norbury MBE, CEO of Creative England, said:
“This is absolutely fantastic news and we are delighted to be working with Crowdfunder to help discover and support the huge number of talented individuals and businesses we know are in the regions. Crowdfunding is a great way to launch new projects and ensure great ideas and projects have the best chance of finding creative and commercial success."
Leading green financier, Ben Goldsmith said:
"I’m delighted to join Crowdfunder as a shareholder. The kinds of businesses that are on the Crowdfunder platform, which place real value, purpose and sustainability at the heart of their make-up, represent the kind of future I want to live in."
Entrepreneur and Channels 4's Secret Millionaire star, Dominic List said:
"As an entrepreneur I have a life-long passion for ideas that might change the world which is why I’m dedicated to becoming not only a shareholder of Crowdfunder, but actively involved in supporting the exceptional businesses that are emerging from the platform."
Christian Burden, Director of Development at Plymouth University, a founding partner of Crowdfunder said:
"Congratulations to Crowdfunder. We have established a highly effective partnership with Crowdfunder that continues to validate great ideas in our learning community, helping to make them happen. This will provide even more students with project and placement opportunities, enhancing the student experience at Plymouth University. We wish Crowdfunder every success."
Since 2012 Crowdfunder has grown by a factor of 10, and become the UK's #1 rewards crowdfunding platform* - raising over £12 million for thousands of businesses, social enterprises, charities and individuals across the UK. Crowdfunder's unique and proven business model also enables partners to offer their support and services to help projects grow.
Crowdfunder is now set to to expand the business, immediately doubling the size of the team, and aims to support up to 150,000 UK projects across in the next three years.
Phil Geraghty, Managing Director of Crowdfunder said:
“A massive thank you to all our investors - it's a fantastic validation of Crowdfunder. We now want to support more projects, helping them turn their ideas into reality. We are recruiting immediately for leading edge tech, digital marketing and business development talent."
Rob Love, Chairman and Founder of Crowdfunder said:
"We'd like to thank all our investors for their support. With this investment we want to work with more partners like Amazon, Virgin and JCDecaux to offer projects the funding and support they need to grow."