Crowdfunding site SyndicateRoom joins forces with angel investors on Gust, the world’s largest investor network
SyndicateRoom, the UK-based crowdfunding platform, has announced a partnership with Gust, the world's largest online community of early stage investors and entrepreneurs.
The two companies will pool their networks, allowing UK-based companies crowdfunding on the sites to access a larger pool of investors.
Goncalo de Vasconcelos, CEO and co-founder of SyndicateRoom, said:
Our partnership with Gust is based around a shared mission, which is to unite investors with entrepreneurs, to close an ever-growing number of investment rounds and to democratise access to investment in exciting growth businesses.
The companies hope to speed up the fundraising process by opening up opportunities to investors across both platforms, reducing the length of funding rounds from months to weeks. Chief executive of Gust David Rose, said:
The UK is a hotbed of early-stage investment opportunities.
Through our collaboration, investors on SyndicateRoom and Gust now have access to highly vetted angel deals, and Gust and SyndicateRoom founders can close deals faster by syndicating across both platforms. By closing more quickly, angel groups can source better deals and founders of early-stage companies can spend less time on fundraising and more time on growing their business.
SyndicateRoom's equity funding rounds are always led by an experienced angel investor, who receives the same share class and price for their stake, and provides at least 25 per cent of the funding.
De Vasconcelos added: “Our unique investor-led model is given a boost with access to new opportunities from the world’s leading angel groups, while our investors will be excited by this unprecedented deal flow.”
More than 80,000 investors use Gust from across the Americas, Europe, Africa and the Asia-Pacific region.