Funded! Crowd Sourced Funding in Australia Industry Report FY 19/20
Birchal is proud to present Funded!, the inaugural CSF industry report for FY 2019/20.
Since commencement of Australia’s crowd sourced funding industry, over 80 Australian small and medium businesses have raised $54m to fund their businesses in exchange for shares. There are over 44 thousand investors that have participated in CSF offers. And this number is growing despite the impacts of COVID-19.
In this report we highlight the key stats in our industry from state, activity, sectors and verticals, as well as providing a snapshot for each quarter over the past financial year and insight into how COVID-19 has impacted funding in recent months.