Company type | Subsidiary |
---|---|
Industry | Crowdfunding |
Founded | 16 March 2009 |
Founders | Jeff Lynn, Carlos Silva |
Headquarters | London , United Kingdom |
Area served | UK, Europe |
Key people | Jeff Kelisky (CEO) |
Parent | Republic |
Website | Official website |
Seedrs is an online equity crowdfunding company, headquartered in East London's Tech City, founded in 2009 [1] and launched by Jeff Lynn and Carlos Silva in 2012. [2] [3] Since 2022 it has been a subsidiary of American crowdfunding company Republic.
In 2020, Seedrs announced that 250 startups had raised funding through its crowdfunding platform during 2019. [4] [5] By 2022, Seedrs reported that over £1.9 billion had been invested through the company. [6]
The company was founded in 2012 by Jeff Lynn and Carlos Silva as part of an MBA project at the Saïd Business School at the University of Oxford. [7]
In March 2012, Seedrs raised $1 million in seed funding from private investors including venture capital firm Draper Esprit. [8]
In May 2012, Seedrs became the first equity crowdfunding platform to receive regulatory approval from the Financial Conduct Authority. [9]
In July 2012, Seedrs launched its platform to the public. [8] [10]
In November 2013, Seedrs raised £750,000 in funding through its own platform. [11]
In June 2015, professional tennis player Andy Murray joined Seedrs in an advisory role, having previously used the platform as an investor. [12] [13] [14]
In June 2017, Seedrs launched a secondary market, becoming the first equity crowdfunding platform to allow investors to buy and sell shares in unlisted companies. [15] [16] [17]
In August 2017, Jeff Lynn stepped down as CEO to take up a position as Executive Chairman. Former COO Jeff Kelisky was promoted to CEO. [18] [19]
In August 2017, Seedrs raised £4 million investment for challenger bank Revolut. [20] [21]
In October 2017, Seedrs announced it had raised £10 million in funding. [22] [23]
In December 2018, Seedrs launched a venture capital fund aimed at passive startup investors. [24]
In August 2019, Seedrs raised £4.5 million in funding. [25]
In 2020, Seedrs and Crowdcube agreed to a merger. [26] This was abandoned on 25 March 2021 after the Competition and Markets Authority raised concerns about the deal. [27]
In December 2021, Seedrs announced that it had agreed to be acquired by Republic, a US-based equity crowdfunding platform, for $100 million. [28] The acquisition was criticised by some of Seedrs' small investors over preferential treatment given to large shareholders. [29]
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cite web}}
: CS1 maint: multiple names: authors list (
link)
Company type | Subsidiary |
---|---|
Industry | Crowdfunding |
Founded | 16 March 2009 |
Founders | Jeff Lynn, Carlos Silva |
Headquarters | London , United Kingdom |
Area served | UK, Europe |
Key people | Jeff Kelisky (CEO) |
Parent | Republic |
Website | Official website |
Seedrs is an online equity crowdfunding company, headquartered in East London's Tech City, founded in 2009 [1] and launched by Jeff Lynn and Carlos Silva in 2012. [2] [3] Since 2022 it has been a subsidiary of American crowdfunding company Republic.
In 2020, Seedrs announced that 250 startups had raised funding through its crowdfunding platform during 2019. [4] [5] By 2022, Seedrs reported that over £1.9 billion had been invested through the company. [6]
The company was founded in 2012 by Jeff Lynn and Carlos Silva as part of an MBA project at the Saïd Business School at the University of Oxford. [7]
In March 2012, Seedrs raised $1 million in seed funding from private investors including venture capital firm Draper Esprit. [8]
In May 2012, Seedrs became the first equity crowdfunding platform to receive regulatory approval from the Financial Conduct Authority. [9]
In July 2012, Seedrs launched its platform to the public. [8] [10]
In November 2013, Seedrs raised £750,000 in funding through its own platform. [11]
In June 2015, professional tennis player Andy Murray joined Seedrs in an advisory role, having previously used the platform as an investor. [12] [13] [14]
In June 2017, Seedrs launched a secondary market, becoming the first equity crowdfunding platform to allow investors to buy and sell shares in unlisted companies. [15] [16] [17]
In August 2017, Jeff Lynn stepped down as CEO to take up a position as Executive Chairman. Former COO Jeff Kelisky was promoted to CEO. [18] [19]
In August 2017, Seedrs raised £4 million investment for challenger bank Revolut. [20] [21]
In October 2017, Seedrs announced it had raised £10 million in funding. [22] [23]
In December 2018, Seedrs launched a venture capital fund aimed at passive startup investors. [24]
In August 2019, Seedrs raised £4.5 million in funding. [25]
In 2020, Seedrs and Crowdcube agreed to a merger. [26] This was abandoned on 25 March 2021 after the Competition and Markets Authority raised concerns about the deal. [27]
In December 2021, Seedrs announced that it had agreed to be acquired by Republic, a US-based equity crowdfunding platform, for $100 million. [28] The acquisition was criticised by some of Seedrs' small investors over preferential treatment given to large shareholders. [29]
{{
cite web}}
: CS1 maint: multiple names: authors list (
link)