The alliance with SeedInvest will give UK investors access to American companies.
You don’t need to live across the pond to invest in American companies.
The partnership means that Crowdcube’s 400,000 members can invest in American companies.
"We're thrilled that investors have the opportunity to back exciting American companies through our partnership with SeedInvest,” said Darren Westlake, co-founder and CEO of Crowdcube. "America is home to some of the world's most exciting startup and growth-stage companies and through this unique partnership with SeedInvest, the investment opportunities for investors on Crowdcube are more diverse than ever before."
The first company available to Crowdcube investors is Keen Home, a hardware and software home protection company. The firm has sold over 35,800 of its Smart Vents products and has grossed over $2.6m in revenue since November 2015. Keen Home has partnerships with Google’s Nest and Samsung’s SmartThings and has raised more than $4.4m in financing to date.
"It makes sense that the fast-growing companies on SeedInvest's platform should be able to reach out beyond America for funding as they grow their businesses and build their brands," said Ryan Feit, co-founder of SeedInvest. "We're delighted to be helping Keen Home access crowd investment from the UK with the help of Crowdcube, our fellow-pioneers in equity crowdfunding."