Today we are thrilled to announce that we have entered into an agreement to acquire Seedrs, Europe’s leading online private investment platform. This deal will create the first global private investment marketplace with offerings across North America and Europe.
Seedrs, Europe’s leading online private investment platform, was the first regulated securities crowdfunding platform in the world and has seen nearly £1.5B invested on its platform to date. The platform was also the first to introduce a secondary marketplace and has hosted some of the industry's most significant success stories, including Revolut, a leading digital bank valued at over $33B.
A trusted partnership
Republic and Seedrs already had a longstanding, trusted partnership over the last four years, which has allowed businesses to co-raise on both platforms, reaching a greater number of investors. Together, we have helped thousands of entrepreneurs in the US, Europe, and the rest of the world to raise growth capital from a combined investor community of over two million.
This move will advance our mission to democratize private investment globally to play an ever more important role in our communities. It gives Republic and Seedrs both powerful new platform capabilities to complement our existing offerings and offers direct access to cross-Atlantic opportunities.
As conversations with Seedrs developed over the last few months and our leadership teams came together, we found we shared a similar culture, a common goal, and a commitment to the strategic opportunities that lie ahead - the key ingredients to make this deal a success.
Expansion and beyond
Not only will geographic expansion be rapidly advanced, but both companies hope to bring their unique strengths to support and grow the business. Seedrs looks forward to learning from and adopting Republic’s expertise and advancement in crypto, real estate, gaming, and more types of investment offerings. Simultaneously, Republic is eager to expand across Europe, implement a secondaries market, and build on the strong community created by Seedrs.
By joining forces, we hope to provide an even greater selection of investment opportunities, product enhancements, and access to new markets for our users. We have the ambition to further improve the experience and outcomes for both investors, creators, founders and entrepreneurs.
For the time being, Seedrs and Republic will continue to operate as normal with a focus on expansion across Europe and globally. Once the acquisition is formalized, we anticipate continuing business as usual for at least the first 6 months while strategic post-merger integration discussions and planning continues. We will keep both communities informed of future changes and developments.
A word from both CEOs
“Republic launched with the mission to make private investments accessible to all,” said Kendrick Nguyen, Republic’s founder & CEO, “We knew international expansion was necessary to achieve cross-bordered participation. In working with Seedrs, we have admired their technological capabilities, the strength of their team and their strong presence in the UK and soon Europe. We anticipate further developing the strengths of both companies from retail, secondaries, crypto, and communities to create a clear industry leader. We look forward to working together to shape the future of the industry at this critical stage of growth and innovation."
Jeff Kelisky, CEO of Seedrs added, “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.”
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