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Quickly following the recent news of incoming Chairman, Richard Baker, Crowdsurfer, the data intelligence service for crowd finance, announces today that it has secured more investment, bringing the total raised to date to £1.2M.
The round (of an undisclosed amount) was led by Mustard Seed Venture Fund and included new and existing angel investors. It is to be used to build more technology targeted towards solving the data challenges at the heart of the crowd finance industry and to support the launch of a more advanced intelligence dashboard. Crowdsurfer’s next dashboard release, which is tailored to support fundraisers, investors and market watchers is expected to be released this summer, already placing them as the foremost market intelligence service for all types of crowd finance.
Emily Mackay, Crowdsurfer’s CEO comments: "In uncertain times, those using data are at an advantage. Crowdsurfer is bringing to life the vision of creating a global data provider for the burgeoning crowd finance movement. In mapping the billions of dollars moving through the finance platforms as part of the sharing economy, we are helping usher in a new age for financial democracy. Our news today is another step towards becoming that global data leader for an industry that is positively disrupting the financial world.”
Richard Baker, adds: "Since joining as Chair, I've been hugely impressed by the team’s tenacity, deep market insights and ability to build impressive technology quickly. This investment is clear validation of their progress and vision. Their future is very bright.”
Alex Pitt, Investor and Co-Founder of Mustard Seed said: "We are thrilled to have led this investment round into Crowdsurfer with our newly launched fund. Having supported this business since the beginning, we're proud it is already the leader in its field. We love the transparency Crowdsurfer brings to the crowd economy, which we see as an exciting measure of the projects the world wants to bring to life."
