Republic to acquire Seedrs in $100M deal
by Startacus Admin
Republic agrees deal to acquire Seedrs and thereby create the first global private investment marketplace.
Huge news this week for Seedrs, Europe’s leading online private investment platform with the announcement that it has entered into an agreement to be acquired by Republic, the U.S. based private investment platform.
The deal values Seedrs at approximately £75 million and will create the first global private investment marketplace with offerings across North America and Europe. The additional capital Republic will commit toward expanding Seedrs reach in the region is expected to help deliver new innovations and products for European investors and private businesses.
Republic is a leading US fintech company that allows everyone to invest in private market equity, debt or crypto offerings through its retail platform and has almost one ($1) billion dollars under management through its private asset management practice. Seedrs was the world’s first regulated securities crowdfunding platform and has seen nearly £1.5B invested on its platform to date.
Both companies have maintained a longstanding partnership over the last four years, with the Seedrs leadership team having served as trusted advisors to Republic’s leadership team The two firms have also enabled companies to co-raise on both platforms in order to reach a greater number of investors.
On this week’s announcement, Jeff Kelisky, CEO of Seedrs said, “Seedrs’ ambition has always been to build a global private equity marketplace. This transaction is a natural development of our partnership with Republic to achieve and go beyond that ambition. We share a similar culture, a common goal, and a commitment to the strategic opportunities that lie ahead. We have great admiration for the teams at Republic, and together we can accelerate our plans to create a powerful global private investment marketplace that will transform the finance ecosystem and the communities they serve.”
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Huckletree's new Web3 HQ aims to put London’s West End at the forefront of Britain’s tech superpower ambitions.
Leading sports marketing platform, OpenSponsorship announces move into music sector, the first new vertical industry for the trans-Atlantic martech business.
.jpg)
Kingussie High School scoops first place for Junior and Senior categories at this year’s Growing Future Assets Competition.
The lowdown on Manchester-based Arctic Shores and its innovative recruitment solution to help candidate potential count as much as skills and experience.
With the demand for tattoo removal now greater than ever, specialist NAAMA Studios makes a bid for a further £11m in funding.
By combining machine-learning with zero-party data, new tool launched by MarTech startup Qudo ends the ‘era of assumption’ for marketers.
Want to be your own boss and earn some money whilst travelling? Here are a few ways to do just that...
Innovative app marketing and analytics startup, App Radar becomes first platform to provide app marketers with Generative AI-powered insights into their own apps and competition.
Shropshire-based agri-robotics startup upp is automating broccoli harvesting and 'upcycling' the 80% waste into sustainable protein.
Alba secures licence to help transform banking for small and medium sized businesses in Scotland via its high-tech and customer-focused solution.
Published on: 2nd December 2021
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Huckletree opens new London hub for tech companies pioneering Web3 solutions 16th Mar 2023 Huckletree's new Web3 HQ aims to put London’s West End at the forefront of Britain’s tech superpower ambitions.
- OpenSponsorship making its move into the music sector 16th Mar 2023 Leading sports marketing platform, OpenSponsorship announces move into music sector, the first new vertical industry for the trans-Atlantic martech business.
- Scottish Highlands Home to the Next Generation of Future Female Investors 15th Mar 2023 Kingussie High School scoops first place for Junior and Senior categories at this year’s Growing Future Assets Competition.
- London-based NAAMA Studios on a mission to raise £11m funding 14th Mar 2023 With the demand for tattoo removal now greater than ever, specialist NAAMA Studios makes a bid for a further £11m in funding.
