Update: Coconut’s Equity Crowdfunding Round Secures More Than £1.3 Million During the Final Days on Crowdcube

Funding Rounds

Summary

UK-based current accounting and tax platform Coconut has successfully secured more than £1.3 million through its equity crowdfunding campaign on Crowdcube, which is set to close next week. As previously reported, Coconut describes itself as a current account that takes care of a user’s accounting and tax. The platform is designed specifically for freelancers, self-employed, and small business owners. Since launching, the platform now has 3,000 accounts open. The Coconut platform does the following: Have a crowdfunding offering youd like to share?

$ Funding

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Amount $2.4M Total raised
Date November 1, 2018 Announcement date
Investors Crowdcube, QVentures Lead investors
Company https://getcoconut.com Funded company

Classifications

industries
Fintech & Banking
applications
Accounting and Taxes

AskAI Classifications

Labels
Accounting Software Tax Software Financial Technology

Linked Companies

Coconut
$1M to $5M