Equity

Our equity finance expert: Crowdcube CEO Darren Westlake

Darren Westlake | 13 July 2015 | 9 years ago

Darren Westlake, Crowdcube. Photo: Professional Images/@ProfImages
Im the co-founder and CEO of Crowdcube, an online platform that enables startup, early and growth stage businesses, from a range of sectors, to raise finance with the added benefit of being backed by the crowd.

From our headquartersin Exeter, I get to spend every day working with great companies and entrepreneurs of varying sizes, from a range of sectors.Prior to launching Crowdcube in 2011, I spent 20 years working in the internet and telecoms industry where I founded and ultimately sold two IT businesses.

I launched my first business in the mid-1990s, Id heard about voice over IP (VOIP) and thought, wow, this is the future. So I quit my job and set up a consultancy called Spiritec. We built it up over five years before selling for shares to Seimitsu. I then went on to launch another VOIP business which I again sold for shares. The deal resulted in me becoming an employee of a telecoms company. It was a very different experience for me, it was a big company with more than 2, 000 employees and I missed being in a small, agile business.

My varied experiences provided the inspiration for Crowdcube. As an entrepreneur, I knew how hard it could be to raise money and was interested in finding a way of making investing into businesses more accessible, affordable and rewarding. That’s when I teamed up with my co-founder Luke Lang and pressed ahead to launch Crowdcube, the world’s first investment crowdfunding platform. Since 2011 weve grown to a team of 65 people and amassed an investor community of over 180, 000. Over 80m has been invested on the platform, funding more than 250 British businesses as a result.

Topic

Equity

Related Topics

What is Equity Finance and Should You Take Advantage?
31 January 2023

What is Equity Finance and Should You Take Advantage?

Read More →
Six Points To Think About Before Offering Sweat Equity
8 September 2021

Six Points To Think About Before Offering Sweat Equity

Read More →
How innovative British startups are using equity crowdfunding
15 March 2019

How innovative British startups are using equity crowdfunding

Read More →
Peter Jones hands “real life Slumdog Millionaire” 100, 000 as new Dragons’ Den kicks off
13 August 2018

Peter Jones hands “real life Slumdog Millionaire” 100, 000 as new Dragons’ Den kicks off

Read More →
UK startups overfunding right now: Shazam for investors and an AI chatbot
17 July 2018

UK startups overfunding right now: Shazam for investors and an AI chatbot

Read More →
249% funded: hiyacar CEO reveals the secrets to a successful crowdfunding campaign
11 May 2018

249% funded: hiyacar CEO reveals the secrets to a successful crowdfunding campaign

Read More →

If you enjoy reading our articles,
why not sign up for our newsletter?

We commit to just delivering high-quality material that is specially crafted for our audience.

Join Our Newsletter