SyndicateRoom, the ‘investor-led equity crowdfunding platform’ has completed a £3.1m equity fundraising. The investment was led by angel Jonathan Milner, and received backing from Unicorn AIM VCT. A spokesperson for SyndicateRoom has revealed the funding will be used to help the platform expand across other equity markets, and hire more staff.
“We are building the most successful and efficient incremental distribution platform for companies to raise equity investment at all stages of their equity journey, from idea to IPO” says SyndicateRoom co-founder and CEO Goncalo de Vasconalos.
“To have such strong demand from both retail and institutional investors is the strongest vote of confidence we could have regarding our expansion plans within crowdfunding and equity capital markets. I am hugely excited about the times ahead of SyndicateRoom and its potential to become a billion dollar business”.
Lead investor Jonathan Milner – co-founder of Abcam – enthused: “SyndicateRoom’s growth since it launched in 2013 has been absolutely phenomenal. A number of ingredients have combined to achieve this – from superb leadership and brilliant company culture, to investor demand and desire for growth from UK companies. The time is now for smart equity crowdfunding and SyndicateRoom”.