NextGen Planners valued at £5m as it opens crowdfunding

Comes after initial target of £150,000 was quickly exceeded

Hope William-Smith
clock • 1 min read

NextGen Planners has opened a share sale on crowdfunding platform Seedrs this morning, with the young adviser-focussed group receiving a valuation of £5m.

The initial lead investors are made up of ten longstanding members of NextGen, while a private window opened last week for the entire membership. The group's initial target was £150,000, however the business has decided to make more equity available with investment options starting from £12.94. "It's been a long term goal of ours to align our membership, with ownership," said director and head of innovation Rohan Sivajoti. "To have already flown through our target within hours of opening, we are excited to release a little more equity to ensure as many people who want a slice, get a s...

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