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Seedrs to be acquired by Republic to create world’s first world non-public funding platform
As we speak 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 trade. I’m massively 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 so as to construct, collectively, the primary world non-public funding platform.
The final ten years have been an unimaginable 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 virtually £1.5 billion investments so far and hosted a number of the trade’s most vital success tales, together with the likes of Revolut and Allplants.
We have now persistently led innovation within the trade on a number of fronts, delivering a number of trade firsts – improvements that we now have since seen others observe in our wake.
- We had been the primary crowdfunding platform to develop into regulated in 2012.
- We had been the primary to allow a nominee construction to guard the rights of traders 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 traders 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 might have been attainable with out the arduous work of our staff, the companies and entrepreneurs who sought to make use of us and the improbable group of traders who proceed to assist 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 street, however as we’ve grown so has the market and the trade’s credibility, and all through, the mission stays unchanged.
We have now at all times believed that, finally, it’s worthwhile to 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 mixture of the 2 platforms firmly places us on the entrance foot to supply much better buyer services, on the worldwide stage as we proceed to scale.
As we speak’s announcement additionally contains the capital for Seedrs to turbo-charge our European growth. Each Republic & Seedrs see nice potential in Europe as the following key development marketplace for non-public fairness funding. With this in thoughts, as we speak’s deal sees Republic commit to creating a considerable funding into Seedrs to speed up growth within the area, serving to to ship new improvements and merchandise for European non-public companies and their traders.
I’m excited to say that Seedrs is not going to solely proceed to serve the thrilling UK and European companies and traders, however with Republic’s firepower behind us, we are going to proceed to redefine the section by main on innovation, customer support, supporting variety, and belief.
Our mission stays unchanged, however now we may have extra sources to proceed constructing revolutionary merchandise that serve our enterprise and traders in one of the simplest ways attainable.
As a worldwide entity Republic and Seedrs see a vivid future forward of us.
There shall be way more to come back 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 gives direct entry to European and US traders.
Jeff Kelisky, CEO