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Seedrs to be acquired by Republic to create world’s first international non-public funding platform
In the present day is an enormous day. It’s an enormous step for Seedrs and, I imagine, a day that can show to be an enormous leap for the business. I’m vastly excited to announce that we now have entered into an settlement with Republic, the U.S. based mostly non-public funding platform, to amass Seedrs with a view to construct, collectively, the primary international non-public funding platform.
The final ten years have been an unbelievable journey for Seedrs: we now have taken the enterprise from a startup, disrupting the early-stage funding world, to Europe’s main on-line non-public funding platform that has facilitated nearly £1.5 billion investments up to now and hosted among the business’s most vital success tales, together with the likes of Revolut and Allplants.
Now we have constantly led innovation within the business on a number of fronts, delivering a number of business firsts – improvements that we now have since seen others observe in our wake.
- We had been the primary crowdfunding platform to turn into regulated in 2012.
- We had been the primary to allow a nominee construction to guard the rights of buyers at scale.
- We had been the primary to launch a digital secondary market in 2017 which is now buying and selling shares in over 200 non-public companies every month.
- We had been the primary to launch an algorithmic auto-invest product for each retail and institutional buyers in non-public firm investing in 2018.
- Lastly, we had been the primary to open up APIs into a personal funding platform for different gamers within the fintech ecosystem to combine into, as we did with Capdesk in 2020.
None of this could have been doable with out the onerous work of our group, the companies and entrepreneurs who sought to make use of us and the implausible group of buyers who proceed to help them.
Jeff Lynn and Carlos Silva launched Seedrs in 2012 with the imaginative and prescient of democratising funding and supporting an rising European startup ecosystem that wanted higher entry to finance. It has been an extended highway, however as we’ve grown so has the market and the business’s credibility, and all through, the mission stays unchanged.
Now we have all the time believed that, in the end, it’s essential be a participant of scale to serve the market successfully and function cross-border throughout all key markets. With Republic and Seedrs main in our respective geographies, every having developed distinctive strengths in product and market phrases, the mix of the 2 platforms firmly places us on the entrance foot to supply much better buyer services and products, on the worldwide stage as we proceed to scale.
In the present day’s announcement additionally consists of the capital for Seedrs to turbo-charge our European enlargement. Each Republic & Seedrs see nice potential in Europe as the following key progress marketplace for non-public fairness funding. With this in thoughts, right this moment’s deal sees Republic commit to creating a considerable funding into Seedrs to speed up enlargement within the area, serving to to ship new improvements and merchandise for European non-public companies and their buyers.
I’m excited to say that Seedrs won’t solely proceed to serve the thrilling UK and European companies and buyers, however with Republic’s firepower behind us, we’ll proceed to redefine the section by main on innovation, customer support, supporting variety, and belief.
Our mission stays unchanged, however now we could have extra assets to proceed constructing modern merchandise that serve our enterprise and buyers in one of the simplest ways doable.
As a world entity Republic and Seedrs see a vibrant future forward of us.
There can be far more to return as we full the deal over the following few months and work collectively to construct a strong platform that delivers on the strengths of each companies and supplies direct entry to European and US buyers.
Jeff Kelisky, CEO