Crowdcube Co-Founder Luke Lang has announced that he is leaving the company.
In a post on LinkedIn, he said: “After 12 years and a great deal of thought, I’ve taken the really difficult decision to move on from Crowdcube. Over the last decade, Crowdcube has pioneered a new approach to funding that has become a vital source of investment for thousands of ambitious businesses across the globe and empowered everyday people to own an equity stake in businesses they believe in.
“However, after emerging from the pandemic even stronger, hitting profitability and with exciting plans in place for further growth, I feel that now is a good time for me to move on and let others write the next exciting chapter in Crowdcube’s history.”
Lang created the Exeter-based crowdfunding platform with Darren Westlake and it has grown to fund 1033 businesses – totalling £1.2bn investment. Crowdcube has also amassed more than 1.2 million members.
He went on to outline his next career moves: “I’m going to grab the chance to have a well-earned rest over the summer before taking up the role of SETsquared Exeter’s Entrepreneur In Residence. I’m also delighted to be joining Robert Pasco and James Pursaill at Plend, a startup on a mission to improve access to affordable lending by using Open Banking to revolutionise credit scoring. Hopefully, the first of many new adventures for me.”