Crowdcube
Crowdcube Capital Ltd is an equity crowdfunding platform established by Darren Westlake and Luke Lang in 2011. The company is authorized and regulated by the Financial Conduct Authority (FCA) in the UK. Over the past decade, Crowdcube’s 1.1m users have invested over £1bn. The company became profitable in the second half of 2020. In June 2021, CEO Westlake announced the upcoming launch of secondary marketplace Cubex, dubbed the community IPO. Crowdcube started out as an early-stage crowdfunding platform like Kickstarter and Indiegogo. The platform earns commissions from successful fundraising campaigns. Investors of the funded companies can also buy and sell shares through the platform. In 2018, Crowdcube introduced a new investor fee at 1.5% of the total investment, capped at £250.
