Crowdcube Q1 2019 update

  • Thursday 18th April 2019
  • by Crowdcube

We’re delighted to have seen revenue grow by 50% when compared to the same time last year, despite the political and economic uncertainty. The first quarter, which is usually affected by seasonality, was also our second-biggest quarter of all time for the number of businesses we funded, bucking a decline for the broader UK equity investment market.

Building on a great start to the year, we’ve got some stand-out businesses that will be launching on Crowdcube in the coming months. Leading digital wealth manager, Nutmeg, is the most prominent after recently raising £45m in an investment round led by Goldman Sachs.

Key metrics for Q1 2019 compared to Q1 2018

  • £1.8 million revenue; an increase of 50%
  • £42.3 million of pledged investment; an increase of 6% 
  • £29.3 million successfully invested; an increase of 16%
  • 51 pitches funded; an increase of 4%
  • 33,000 pledged investments; an increase of 8% 
  • 29,000 successful investments; an increase of 29% 
  • 40,000 member registrations; an increase of 31% 
  • 1.3 million web visits to Crowdcube; an increase of 6% 

Download our full quarterly update and find out more.

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