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Crowdfunding platform Crowd for Angels is delighted to announce a £700,000 funding round, launched in order to accelerate growth in the rapidly growing UK crowdfunding market. The pitch will go live to the public on Wednesday 29^th June at 9:30am on the company’s own crowdfunding platform.

Since launch in December 2014 Crowd for Angels has helped to raise over £1.1 million for small growing companies and has recently been pre-approved by HMRC to be an Innovative Finance ISA manager. Proceeds of the fundraise will be used to expand the business by investing in marketing, headcount and the development of new innovative products.

To see the full pitch visit https://crowdforangels.com/investinus

PITCH HIGHLIGHTS

-          Raising a maximum of £700,000 in order to invest in marketing and scale up the investor base.

-          Shares have received advanced assurance for EIS tax relief.

-          Investors can take part for as little as £28.

-          Looking to take advantage of growth in the UK equity and debt crowdfunding markets, which according to analysts at Nesta grew by a respective 295% and 48% in 2015¹.

Tony De Nazareth, CEO and Founder of Crowd for Angels commented: “Over the past two years we have developed a sophisticated crowdfunding platform and proven our business model. We are now looking to raise funds in order to accelerate growth and take the business to the next level.

While crowdfunding as a whole continues to grow rapidly, we see particularly good growth opportunities in the IF-ISA market in the coming years. With £160 billion of funds in the UK earning the same or less than the Bank of England base rate we expect huge interest in this new product from investors seeking higher returns”