Crowdcube

Crowdcube celebrates record Q1



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Crowdcube has revealed that 49 businesses were funded through its platform in Q1 2018 as it surpassed the £400m pledged milestone.

The crowdfunding platform is celebrating its most successful Q1 since launching seven years ago, with £22.8m being invested on the platform.

During Q1, Crowdcube passed the £400m mark for pledged investment into pitches, with more than £335m successfully invested in businesses across Europe.

Over 30% of investments made in Q1 were done through Crowdcube’s iOS or Android app, with the £1.3m invested by app users bringing the total investment via the apps to over £12m.

March was Crowdcube’s best month on record with 20 businesses being funded, while Q1 also saw 32 companies choose to crowdfund for the first time on the platform.

“Crowdcube has had a great start to 2018, and with a number of exciting businesses and developments in the pipeline, that momentum looks set to continue throughout the year,” said Luke Lang, co-founder and CMO at Crowdcube (pictured above).  

“With the backing of our community of investors, we’ve helped more businesses this quarter than ever before to raise the funds needed to grow or get their idea off the ground – that’s amazing and something we’re extremely proud to have been part of.”

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