We’re crowdfunding again on Crowdcube 25th June!
Last time, overwhelming demand to invest in Freetrade took down the world’s leading crowdfunding platform, so we had to cut things short.
Now we’re back with a bigger round to give everyone a second chance.
Here’s the plan:
The round will open in private mode for Freetrade customers between 8am - 12pm. We’ll send you a private link via in-app chat so you can invest before everyone else. You’ll be invited to invest as part of a particular batch, there’s more details about how this will work here.
We’ll go live on Crowdcube for everyone else at 12 noon, 25th June.
Our target is £1m, with overfunding capacity to £5m.
We expect to have £3m EIS tax relief available for this round.
We’ll close the campaign once we hit our overfunding limit or we reach the 28 day campaign timespan.
In May, we raised £1m in 77 seconds. But who knows how fast things will go this time!
What to do now?
Make sure you’re signed up to the app with notifications turned on.
Make sure you’re signed up to Crowdcube early - seriously, don’t wait till the day.
Tell all your friends to do the same.
Wait for 11 am 25th June and get yourself some new Freetrade shares.
We’ll share updates about our plans for the crowdfunding round here and answer questions about our progress and future plans on the Crowdcube forum. Check out this post for answers to FAQs about this round.
I’ll also be going on a road trip with Viktor and some of the team to Birmingham, Manchester and Leeds to meet the community up north and answer questions about on the round. It’ll be on the week beginning the 17th June. You can reserve your tickets for the events here.
If you have any general questions about this round, ask them here, but just so you know we can only discuss hard metrics on the Crowdcube forum!