Wednesday, 19 March 2014

First Feature Film In Equity Based Crowdfund Success

Supernatural thriller, The Sleeping Room, has become the first feature film to raise funds through equity based crowdfunding. Using the UK based platform Seedrs, Sleeping Room has succeed within 10 days in raising £10,000 from 37 investors in over six countries. The funds will go towards the film's completion. The success of Sleeping Room's crowdfunding efforts once again is an indicator of how the UK is leading the way in the continued growth of equity based crowdfunding as an alternative source of finance.