Crowdcube the UK-based equity crowdfunding platform, announced this week that it raised Â£12.2 million in 2013Â aÂ 550 percent increase on the previous year.Â That’s fantastic – well done!Â Crowdcube were one of the inspirations behind The House Crowd (for which we are very grateful) and we are pleased they are doing so well.Â Their co-founder Luke Lang stated:Â â€œThis last figure is really encouraging as it demonstrates a real appetite for Crowdcube investors to back multiple businesses listed on Crowdcube and shows level of sophistication; investors are wisely building portfolios to spread risk rather than having all their eggs in a single basketâ€.
Crowd funding throughout the USA and the UK is growing at a superb rate (despite the efforts of the FSA to regulate it out of existence). It is giving birth to innovative new companies, creating jobs (we now have 24 builders/tradesmen working for us full time), fueling growth and giving investors the opportunity to cut out the greedy middle men and earn a decent return on their hard earned money.
Crowd funding is making a paradigm shift in the way Â enterprises, entrepreneurs, non-profits, and individuals raise capital. Crowdcube are the leaders in their sector and we have established ourselves as the clear leaders in the crowd funded property investment space. We plan to emulate their success and are currently developing plans for major growth this year. Watch this space!