CapitalRise reaches over 50 per cent of crowdfunding target in three weeks

Crowdfunding platform CapitalRise has raised £2.27m in its Seedrs campaign in the three weeks since the campaign’s launch.

Following the campaign initially hitting its £1.5m fundraising goal in less than a week, interest in the online property investment platform has grown.

As well as raising funds, the crowdfunding campaign also aimed to promote the company’s proposition of offering real estate investment opportunities on a digital platform to a new pool of investors.

Over 723 individual investors across 42 countries have been attracted to CapitalRise’s digital real estate proposition, and the company is now valued at £18.25m.

Uma Rajah, co-founder and CEO at CapitalRise, commented: “We are overwhelmed by the influx of investor support generated through our Seedrs fundraise.”

“With new loan enquiries continuing to pour in and clear investor demand for asset-backed investments offering high returns potential, it’s an opportune time to accelerate the growth of our platform thanks to this additional firepower.”

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