Capdesk – an investor management portal for the equity crowdfunding space – is coming to London.
Capdesk is an online infrastructure platform designed to enhance the post-investment user experience in equity crowdfunding. Managing investments in multiple unlisted companies can be a headache, as can be managing a multitude of shareholders as an early-stage company. That’s where Capdesk comes in. The site allows investors to manage all shareholder related documents and company information, to keep tabs on the status of investments, to engage with portfolio companies and fellow investors, and to partake in future fundraises. For companies, the portal allows for the management of numerous investors, the issuing of generic updates, the centralisation of essential documentation, and for easy communication between a company and its investors.
The company was founded in the summer of 2015 and opened to users in Denmark in November last year. Founders Christian Gabriel and Casper Arboll are former Danish directors of FundedByMe – the Nordics' largest equity crowdfunding company. Lured by what is perhaps the world’s most active equity crowdfunding market, Capdesk will go live in the UK on February 1st.
Capdesk enters into a market that exhibited 133% year-on-year growth in 2015, and which has now accounted for upwards of £200m in cumulative equity funding, according to AltFi Data. Furthermore, the regulatory environment, tax incentives and governmental support on offer on UK shores are each conducive to further success. Small surprise, then, that Capdesk is bringing its management solution to what is perhaps the world’s premiere equity crowdfunding market.
“At the moment a lot of things is happening in the UK. In 2015, hundreds of companies were financed through equity crowdfunding and this is just the beginning. We believe that the market will become more mature and that more marketplaces for unlisted shares will appear. We want to help all of these new investors feel comfortable and give them amazing experiences.”
Capdesk has a clear competitor in the shape of KoreConX – but the latter seems to have been more focused on the US market to date. With Capdesk posied to hit UK shelves on February 1st, the demand for the offering will soon become clear.