User:Vecgravis.Kristaps/sandbox
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Type of site | Crowdfunding Corporate finance Equity (finance) |
---|---|
Headquarters | , |
Founder(s) | Janis Blazevics un Sandris Rugums |
Key people | Simon Williams (Chairman) Darren Westlake (CEO) |
Industry | Finance |
URL | crowdcube |
Commercial | Yes |
Launched | February 2021 |
CrowdedHero is a Latvian crowdfunding platform founded in 2021 that offers equity crowdfunding services in the Baltic countries and the European Union/European Economic Area (EU/EEA).
History
[edit]The company was founded in 2021 by Janis Blazevics, Sandris Rugums, and Svetlana Skeneva. It is licensed and supervised by the Central Bank of Latvia.
Model
[edit]CrowdedHero operates on an "all or nothing" model, meaning that if a business does not reach its fundraising target, no money is taken from investors.
Regulation
[edit]In February 2013, Crowdcube received authorisation from the Financial Conduct Authority (FCA) to offer investors the opportunity to become direct legal shareholders in UK businesses.[1]
Funded campaigns
[edit]Equity
[edit]Some examples of companies that have acquired funding using this method are:
Business | Amount raised | No. of investors | Equity released | Date |
---|---|---|---|---|
Freetrade | £8,890,468 | 7,170 | 1.353% | November 2021[2] |
Cornish Lithium | £5,999,995 | 1,012 | 6.81% | June 2021[3] |
Sunswap | £501,348 | 788 | 21.18% | January 2021[4] |
Sliabh Liag Distillers | £2,265,910 | 1,158 | 13.61% | September 2020[5] |
Belluscura | £538,140 | 302 | 9.6% | April 2019[6] |
Monzo | £20,000,000 | 36,006 | 2.04% | December 2018[7] |
Recruitive | £1,170,000 | 381 | 54.64% | March 2018[8] |
Manigo | £510,630 | 355 | 14.33% | January 2018[9] |
Parcel2Go | £1,057,730 | 1,308 | 2.58% | November 2017[10] |
Kar-go | £321,720 | 281 | 15.11% | July 2017[11] |
Revolut | £1,007,050 | 433 | 2.39% | September 2016[12] |
Movem | £200,000 | 116 | 20% | September 2016[13] |
GoHenry | £3,994,980 | 2,372 | 15.98% | June 2016[14] |
Chilango | £3,433,010 | 1,300 | 8.72% | December 2015[15] |
Adzuna | £2,149,355 | 552 | 5.89% | June 2015[16] |
JustPark | £3,700,000 | 2,919 | 15.61% | March 2015[17] |
Open Desk | £310,010 | 171 | 18.59% | June 2014[18] |
SilkFred | £145,610 | 71 | 24.27% | 2014[19] |
LOVESPACE | £1,574,590 | 259 | 28.17% | May 2014[20] |
Crowdfunder | £500,000 | - | 10% | April 2014[21] |
Zero Carbon Foods | £659,480 | 454 | 29.04% | March 2014[22] |
Hab Housing | £1,972,150 | 642 | 26.29% | September 2014[23] |
E-Car Club | £100,000 | 63 | 20% | December 2012[24] |
Bonds
[edit]Bonds allow members of the public to lend money to the issuing company in return for interest and/or rewards. Mini-bonds have "particular appeal for established businesses".[25] In June 2014, Chilango launched Crowdcube's first mini-bond campaign. Since then, several other businesses have launched mini-bond offerings via the Crowdcube platform. Some of the businesses that have funded bonds via Crowdcube include:
Company | Amount raised | No. of investors | Interest paid | Date |
---|---|---|---|---|
Brew Dog | £2,312,000 | 815 | 6.5% | Oct 2015[26] |
Taylor St Baristas | £1,805,000 | 493 | 8% | Jan 2015[27] |
Eden Project | £1,500,000 | 355 | 6% | October 2014[28] |
River Cottage | £1,000,000 | 285 | 7% | June 2014[29] |
Chilango | £2,035,000 | 347 | 8% | June 2014[30] |
Events
[edit]Caterham F1
[edit]In November 2014, Crowdcube partnered with Caterham F1 to raise £2.35 million to fund the team for the final Grand Prix of the season in Abu Dhabi.[31] Designed to empower F1 fans to help Caterham return to racing, the project was successfully completed on 14 November,[32] with Caterham F1 finishing in 17th place with Grand Prix newcomer Will Stevens.[33] Caterham F1 went bankrupt in 2015.[34]
See also
[edit]References
[edit]- ^ "British regulator okays start-up investment website for public". Reuters. 4 February 2013.
- ^ "Freetrade". Crowdcube. Retrieved 9 December 2021.
- ^ "Sunswap". Crowdcube. Retrieved 21 June 2021.
- ^ "Sunswap". Crowdcube. Retrieved 7 February 2021.
- ^ "Sliabh Liag Distillers". Crowdcube. Retrieved 27 October 2020.
- ^ "Belluscura plc". Crowdcube. Retrieved 10 February 2020.
- ^ "MONZO HAS RAISED £20M IN LATEST FUNDING ROUND". Crowdcube. Archived from the original on 11 April 2019. Retrieved 11 April 2019.
- ^ "Recruitive Software". Crowdcube. Retrieved 18 May 2020.
- ^ "Manigo Services Ltd". Crowdcube. Retrieved 3 October 2018.
- ^ "Parcel2go.com". Crowdcube. Retrieved 3 October 2018.
- ^ "Academy of Robotics raising £300,000 investment on Crowdcube. Capital at Risk". Crowdcube. Archived from the original on 25 October 2017. Retrieved 6 June 2016.
- ^ "Meet the UK equity crowdfunding success stories of 2016". startups.co.uk. Retrieved 7 October 2018.
- ^ "Forbes - Why start ups are ignoring the risks" Forbes, September 2016.
- ^ "Meet the UK equity crowdfunding success stories of 2016". startups.co.uk. Retrieved 7 October 2018.
- ^ "Chilango Closes Funding on Crowdcube at £3.4 Million. Will Open 50 New Locations" Crowdfund Insider, December 2015.
- ^ "Job search site Adzuna Raises 1.5m via Crowdcube to get Britain Working" Business Matters News, June 2015.
- ^ "JustPark becomes UK's largest equity crowdfunded start-up" Archived 10 March 2017 at the Wayback Machine TechCity News, March 2015.
- ^ "OpenDesk raise £150,000 in 12 hours" Archived 3 April 2015 at the Wayback Machine Westminster Impact Hub, June 2014.
- ^ "SilkFred Ltd raised £120,000 investment - Oct 2013". Crowdcube.
- ^ "LoveSpace hits £1.6m as Shazam Venture Capital firm adds £250,000 to funding pot" Archived 2 April 2015 at the Wayback Machine UK Business Angel Association, May 2014.
- ^ "Reward-based crowdfunding platform secures £500,000 target in just over three hours" Startups, April 2014.
- ^ "Growing under the Tube: 141% Funding for Zero Carbon Food’s Crowdcube Campaign" Crowdfund Insider, March 2014.
- ^ "Kevin McCloud is a hit with the Crowd(cube)" Management Today, September 2013
- ^ "E-Car Club Ltd". Crowdcube. Retrieved 7 October 2018.
- ^ Bridge. Rachel, "Soapbox: Established businesses should consider using crowdfunding too, says Adam Blaskey" Telegraph, December 2014.
- ^ "BrewDog Bond raising investment on Crowdcube. Capital at Risk". Crowdcube.com. Retrieved 21 April 2016.
- ^ "Niche coffee house chain Taylor St Baristas secures £1.8m Crowdcube mini-bond" Startups, Feb 2015.
- ^ "Eden Project crowdfunding raises £1.5m in 20 hours" BBC News, October 2014.
- ^ "Fearnley-Whittingstall's River Cottage raises £1m through mini bonds" Real Business, June 2014.
- ^ "Will Chilango's £2m Success Herald An Affordable Mini Bond Revolution?" Forbes, June 2014.
- ^ Wise, Mike. "Caterham launch crowdfunding project to fund team's return for the Abu Dhabi GP | F1 News". Skysports.com. Retrieved 21 April 2016.
- ^ Strickland, Jamie (14 November 2014). "Caterham to race in Abu Dhabi finale after fundraising success". BBC Sport. Retrieved 21 April 2016.
- ^ "Past Results - Abu Dhabi Grand Prix". Skysports.com. Retrieved 21 April 2016.
- ^ "Caterham hopes fade as team's remaining assets go up for sale". BBC. Retrieved 13 April 2016.
External links
[edit]Category:Financial services companies established in 2011 Category:Equity crowdfunding platforms Category:Economics websites Category:Internet properties established in 2011 Category:Crowdfunding platforms of the United Kingdom