Today, Europe’s leading equity crowdfunding platform Seedrs announces a strategic partnership with U.S. platform Republic.
The collaboration will offer UK-based businesses the opportunity to run joint crowdfunding campaigns on Republic and Seedrs simultaneously, allowing startups to capitalise on large customer bases in the United States.
Republic, the sister company to well-known U.S. platform AngelList, has been in operation for two years, funding more than 50 American startups. The partnership sees the two like-minded platforms come together to bridge a gap for United States investors wanting access to British and European growth investment opportunities.
The United States. is known for its Silicon Valley-based venture capital and startup ecosystem, but New York-based Republic champions startups from across America, democratising investment and funding for the companies everywhere. Similarly, Seedrs operates a pan-European platform with its headquarters in London and entrepreneur hubs in Berlin, Amsterdam and Lisbon.
Caroline Hofmann, COO at Republic, says: "We've enjoyed getting to know Seedrs over the past months and are confident that this relationship will be beneficial to startups with a global reach. Our American investors will now have the opportunity to invest in companies in the UK and Europe. The partnership offers great opportunities for investors on both sides of the Atlantic.”
Ben Aronsten, Chief Marketing Officer at Seedrs, adds: “This partnership is an exciting move for Seedrs. We’re thrilled to be able to give British and European companies the opportunity to tap into their U.S. customers and communities with a co-raise option. The partnership was a natural fit as Republic is aligned with Seedrs’ best practice views on how to do equity crowdfunding properly, and we share in our pursuit of of democratising both fundraising and investment. We’re thrilled to be working with them.”
This partnership announcement coincides with Seedrs passing the £400 million mark of investment on the platform with over 670 deals funded, just three weeks after the company announced the sector’s first move into automation with its innovative new product AutoInvest.