CrowdProperty lands £1.8m equity raise from crowdfunding investors

CrowdProperty has closed a £1.8m equity crowdfunding round on Seedrs.

It is the third time CrowdProperty has raised money with Seedrs. In this instance, the round was overfunded by 227 per cent against an initial £800k target. In total 793 investors participated.

CrowdProperty, which says it has originated £146m of lending to date, has now raised a total of £3.9m in equity capital having raised £900k in November 2017 and £1.1m in March 2019.

It also recently closed a £300m institutional funding line agreement with an unnamed investment manager.

CrowdProperty, which says it has originated £146m of lending to date, has now raised a total of £3.9m in equity capital having raised £900k in November 2017 and £1.1m in March 2019.

Mike Bristow, CEO of CrowdProperty, says the firm has proven the profitability of the business model in recent years whilst still investing in growth.

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Source: CrowdProperty lands £1.8m equity raise from crowdfunding investors – AltFi