Velorution is one of London’s leading electric and urban cycling retailers, aiming to bring the most innovative electric and urban cycling products to their customers, the Velorutionaries.
When looking to crowdfund, Velorution wanted to partner with a leading platform that had a strong reputation in the market and could offer investment and marketing services.
Velorution raised twice on Seedrs. The first time they raised over £600k from 136 investors and the second time over £540k from 190 investors. And both times they raised well above their original fundraising target.
Since their crowdfunding in 2016, Velorution has opened 3 permanent stores in London and turned over £500k in 2018 from those three stores alone.
Hear from Jonathan Cole, CEO at Velorution, as he talks about Velorution’s successful crowdfunding journey on Seedrs.