1 Jan 2012

Taylor Vinters has advised Syndicate Room on the launch of its ground-breaking syndicate funding concept,… Read more

Taylor Vinters has advised Syndicate Room on the launch of its ground-breaking syndicate funding concept, working with founder Gonçalo de Vasconcelos to create an online equity funding platform and to devise precedent documentation for the funding rounds it enables.

IdeaSpace-based Cambridge business Syndicate Room has launched a new model of equity finance based on the concept of allowing crowd-sourced investors to co-invest alongside Business Angels, supported by an online platform called Syndicate Room.  The model provides the means for individual investors to invest by virtually syndicating with established Business Angels at a click of a button, always knowing that a lead investor is also putting their own capital into the very same deal. This new model of finance focuses on adding value to investors rather than entrepreneurs and as a result attracts a more sophisticated breed of investors investing larger amounts.

Chris Keen, technology solicitor at Taylor Vinters said, “The approach to crowdfunding that Syndicate Room is taking is truly innovative.  It is the kind of disruptive step that the existing crowdfunding sector itself once represented.  It allows individuals to co-invest in start-ups and entrepreneurial businesses alongside established Business Angels – who are themselves investing in the same companies, in the same funding round.  Having that expert validation of an investment opportunity is one of the things that the existing crowdfunding platforms lack, and as such Syndicate Room has the potential to be at the heart of a massive shift in the way growing companies raise money.”

Gonçalo de Vasconcelos, founder of Syndicate Room said, “Tapping into the experience of the Taylor Vinters investment team has been invaluable to Syndicate Room.  Their wealth of experience in early stage funding – both from the investor and investee perspective – has enabled us to model an investment platform and associated documentation that is sophisticated but fair, and operates to the mutual benefit of all parties to each funding transaction.”

Taylor Vinters’ lawyers Adrian Rainey and Chris Keen advised Syndicate Room.