The platform had a strong year helped along by record breaking rounds from the likes of Monzo.
Crowdcube saw off competition from rival crowdfunding platforms with more than £95m of funding to start-ups and early and growth-stage businesses in 2017, according to data from Beauhurst.
The platform managed to facilitate £11m of funding more than its nearest rival buoyed along by 33 growth-stage businesses raising over £1m.
Some of the funding highlights in 2017 included £2.5m raised over the course of the year by digital challenger bank Monzo, Mindful Chef raising £1.92m in a single round in September, and The Chapar, a premium styling service for men, which raised £1.26m in a round in June.
Luke Lang, co-founder of Crowdcube said: “ As the UK’s leading provider of Series B funding rounds in excess of £1m, it’s highly encouraging to see that Crowdcube is fast becoming the first-choice for ambitious entrepreneurs looking to fund their business’ growth. A challenger concept when we launched in 2011, equity crowdfunding has grown to be firmly established as a key source of finance for British business and a vibrant and exciting way for investors to back the businesses they love.”
Since Crowdcube was founded in 2011, it has facilitated more than 600 companies successful fund raises, with a total of £390m having been invested on the platform to date by a crowd of over 500,000 registered Crowdcube investors.
AltFi is returning to Amsterdam for its second annual Summit in the city. The inaugural event last year was a roaring success, with key figures from across Continental Europe's alternative finance and digital banking sectors highlighted. These included Jeroen Broekema, managing director of Funding Circle Netherlands, and Mieke van Engelen, head of innovative partnerships at ABN AMRO's standalone lending platform, New10.