Courting Crowdfunding

tennis

In the Telegraph this week, Rebecca Burn-Callender reports that UK tennis great Andy Murray has made three investments in UK start-up companies since joining the Seedrs advisory board in June.

He selected three UK companies; Tossed, Trillenium and the Fuel Ventures Fund. In the article he explains his motivation for investing in the companies as well as the overall appeal of investing in British businesses. He identified companies that shared his interests to make his investments in.

Seedrs is an equity-based crowdfunding platform that deals in selling parts of businesses as compared to debt-based crowdfunding that is loan-based. In any case, it is another inroad toward moving crowdfunding into the mainstream financial market.

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