8th January 2019
Crowdcube hit its best-ever figures across a range of measures in 2018, as crowdfunding continues to cement its popularity with entrepreneurs and investors, despite a backdrop of broader economic uncertainty and concerns around Brexit.
2018 revenue is up 50% to £6m, from £4m in 2017, while investment pledged to growing companies through the platform is up 72% to £224m, from £130m the previous year. The number of successful raises on the platform, at 198, is 35% larger than the previous year’s total of 147.
Q4 2018 was Crowdcube’s most successful quarter ever, with revenue at £1.8m (up 50% from £1.2m in Q4 2017), and investment pledged at £84.6m (up 94% from £43.6m). The number of successful raises rose from 45 to 49, an increase of 9%, while the average amount per successful raise went up from £732,000 to £1,430,000, an increase of 95%....