Seedrs, the UK-based equity crowdfunding platform, has just reached its £1m fundraising milestone. The site was launched in July last year and to date has helped 21 startups reach their fundraising targets. In the last three months it has raised £700k.
Companies to have received investment operate across a range of sectors, although software and online publishing businesses seem to have been particularly successful. Seedrs itself acts as the custodian of the investors’ equity stakes to minimise costs for start-ups and to protect the interests of shareholders.