After Société Générale, WeWork announces today the implementation of a new strategic partnership with Crowdcube, the first platform uk crowdfunding. Already established in Spain, where the company occupies a dominant position, Crowdcube intends to rely on the european network of WeWork to open offices in a first time to Paris and Amsterdam by June and July, and then to the United States and the Far East.
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The extension projects of Crowdcube are driven by three main factors : increased demand of start-ups of europe in search of growth capital in the uk, a growing number of european investors via the platform and, finally, the willingness of uk investors to diversify their portfolio abroad.
In the framework of this partnership, the team at Crowdcube will meet with each member of WeWork, which will make the application to inform it about crowd-funding and the options available. In addition, Crowdcube will offer open days, while the companies of its Funded Club will benefit from preferential rates at WeWork for access to office space, services…and incorporating a global community of entrepreneurs, creators with whom they can interact.
WeWork already has a global community strong 100 000 members worldwide, including many start-ups and SMES for Europe’s most dynamic. The 390 000 members of Crowdcube account for one of the largest european communities of investors.
Benjamin Samuels, Director of sales for the company WeWork for Europe and Israel, commented : “We are very pleased to welcome Crowdcube among our community as an active and dynamic who is going to organize a series of events and seminars for our startups and scale-ups of promising on different sites. There are many synergies between our two companies : we are the pioneers and leaders in our field who are working with firms that are very ambitious and ” creators. We are also aware of the importance of building robust ecosystems to allow these companies to grow and prosper. We would like to welcome the members of Crowdcube and businesses of its Funded Club within our community. ”
Matt Cooper, business development Manager of Crowdcube, said : “We have experienced the beginning of a historic year, with no less than 23 million pounds raised to support businesses during the first quarter. We have our registered already tens of thousands of investors and non-british who have injected nearly 25 Million£ on our platform. This partnership with WeWork should enable us to significantly accelerate our growth projects with its spaces located on sites of first importance, and attract companies looking to work with us and understand how crowdfunding can serve their ambitions. ”
Crowdcube has already collaborated with a number of members of WeWork, raising a total of almost£ 15m. The collection fund is the highest to date on Crowdcube has reached 4.5 M,£, for the benefit of 1Rebel (nicknamed ” King of Gym’s “).
About WeWork
WeWork offers its members the space of life and work, the connections and the services necessary to both design their professional life. WeWork also allows them to collaborate with all those who share their state of mind, in order to help them grow and succeed in their professional projects.
Founded in 2010 in New York by Adam Neumann and Miguel McKelvey, WeWork has more than 100 sites in 32 cities around the world. WeWork wants to give all contractors, designers, from all types of economic sectors, small and large businesses to reach its community. The members of the community WeWork have a set of special benefits in each country, and a team WeWork local city. Nearly 10,000 companies ranging from the startup to the multinational, such as Delta, IBM, GE, Dropbox, or even Samsung, and more than 90 000 members have joined the community WeWork. More than 70% of the members work together. The different spaces in the world to facilitate business travel. They offer a great flexibility for work as well for teams of multinational companies and those of SMES and VSES. The global network of WeWork simplifies and speeds up the development opportunities on new markets for all these members. For more information, visit wework.com
WeWork does not engage in investment or does not make offers of financial for people not exempted.
About Crowdcube
First global platform of investment by crowdfunding, Crowdcube enables entrepreneurs to raise capital with the added advantage of the model of ” crowdfunding “. For private investors, Crowdcube offers the possibility to select an equity stake in an innovative business, so that this type of operation was previously reserved for institutional investors.
Since Crowdcube launched the first crowdfunding fund equity in 2011, a total of 300 million pounds that have been invested via the platform by a community of over 390,000 investors, including more than 230 M£ injected with success in 520 fundraising. Companies such as the alternative bank Monzo, who has collected 1 Million pounds in the period of record time of 96 seconds, or even major brands such as River Cottage and the Eden Project, as well as companies financed by venture capital, for example JustPark, eMoov and Sugru, have all been able to raise growth capital with the community.
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