Crowdcube's Q2 2019

The UK based crowdfunder releases stats for the second quarter of 2019

here

- updated at July 9, 2019, 9:56 a.m.

Marching towards profitability

Posted by Relte on July 9, 2019 |

Crowdcube released an update for investors on the business, highlighting some key stats - document attached.

Notable raises;

  • Nutmeg (£4.4m),
  • Freetrade (£1.9m)
  • Money Dashboard (£3.7m)

Highlighted Monzo's recent uptick in valuation - 2016 funders "would have seen the value of your shareholding grow more than 25 times or by 2,500%!".

Stats

(highlighted by Crowdcube (yoy figures)

  • £1.9m revenue; an increase of 31%
  • £61.1m of pledged investment; an increase of 28%
  • £44.5m successfully invested; an increase of 48%
  • 53 pitches funded; an increase of 18%
  • 47,693 pledged investments; an increase of 44%
  • 37,981 successful investments; an increase of 52%
  • 40,371 member registrations; an increase of 14%
  • 1,448,358 web visits to Crowdcube; an increase of 1%

H1 2019 revenues of £3.7 million, up by 39%

Posted by Relte on July 9, 2019 |