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.
Atoa announces pre-seed funding for its solution to empower and improve cash flow for independent, small and mid-sized UK retail merchants.
 Tong Gu, Reem Mobassaleh Wyndham and Monik Pham.jpg)
Pact launches its first £30M fund to back early-stage European tech startups using technology for economic inclusion, well-being and climate solutions.
Co-Founders seeking people with innovative ideas and desire to create startups that could change the world for its 2023 programme.
Marketers - want to turn shoppers into customers this Black Friday? Marietta Chatzidiakou, Senior Content Consultant at Digital Ethos shares some tips on how to do just that.
Data from more than 500 companies reveals the core health of SaaS startups and assesses how European companies have performed relative to American counterparts.
.png)
SeedLegals, the leading legal automation platform for startup funding steps into backing blockchain marketplace in carbon-neutral deal.
The lowdown on Boxlist, the AI-powered social network aiming to be your new go-to place for discovering TV and film recommendations across all streaming services.
Goodera secures major investment to support its mission of helping employees find meaningful volunteering experiences.
North West Regional College launches the IDEATOR Awards, a new competition to reward entrepreneurial thinking among students and staff.
.jpg)
Gravita’s tech-enabled client-centric proposition aims to transform how small and medium businesses in the UK receive accounting services.
Published on: 2nd December 2021
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- UK fintech Atoa secures $2.2M pre-seed round as it kills Visa and Mastercard fees for businesses 24th Nov 2022 Atoa announces pre-seed funding for its solution to empower and improve cash flow for independent, small and mid-sized UK retail merchants.
- Female-led Pact Launches £30m Seed Fund 24th Nov 2022 Pact launches its first £30M fund to back early-stage European tech startups using technology for economic inclusion, well-being and climate solutions.
- Catalyst's Co-Founders programme opens for applications 23rd Nov 2022 Co-Founders seeking people with innovative ideas and desire to create startups that could change the world for its 2023 programme.
- Capchase “Pulse of SaaS” Report Shows SaaS Startups Remain Resilient During Economic Uncertainty 21st Nov 2022 Data from more than 500 companies reveals the core health of SaaS startups and assesses how European companies have performed relative to American counterparts.
