Posted on 13th September, 2017

by James Codling
Co-Founder & MD

Enjoying a slice of success

VentureFounders celebrated its third birthday last week. As the team gathered and the birthday cake was cut, I reflected on all that’s been achieved in the three years since it began.

Back in 2014, the vision for VentureFounders was to merge the exciting new world of crowdfunding with the proven traditional skillset of venture and private equity investing. We wanted to bring together the accessibility of platform technology with highly curated, structured and diligenced deal flow from within the UK’s scale-up community.

I can certainly say that we have achieved that goal. To date we, together with our loyal investors, have helped 22 ambitious scale-up companies raise over £55m to support their plans, thank you. Our portfolio companies now employ 420 people, generate turnover in excess of £16m, have grown over 40% since our investment and about 70% of them are exporting across the globe. That’s a phenomenal achievement in just 36 months and a fantastic team effort!

Things have moved quickly for VentureFounders. Last month, research firm Beauhurst's industry benchmark report for H1 of 2017 showed that we're now the third biggest platform in the UK, and that we have the largest average deal size - £1.7m. In fact, in June we closed a deal for Hopster, the UK’s leading TV and learning platform for pre-school children, which raised £4.7m: the largest H1 2017 crowdfunding deal in the UK.

Hopster fitted the VentureFounders model perfectly; a business poised for significant scale in a large market with a strategic anchor investor to help them fulfil their ambitions. It has a market leading product with great customer feedback plus a dedicated and ambitious management team with significant industry experience.

So, as we mark this important milestone for VentureFounders I turn my thoughts to the future. There is still a sizeable funding gap in the UK and VentureFounders believes sound businesses with the potential to succeed should be given the financial support to do so. We will continue to work closely with policy makers and industry thought leaders to close this gap.

As a business, VentureFounders is taking an ever larger slice of the cake. We have ambitious growth plans of our own and I look forward to discovering and sharing fascinating, new opportunities with our engaged investors. Together we can help make things happen for the supercharged businesses set to be the success stories of tomorrow.


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