Investment Platform Reviews

SyndicateRoom Review

SyndicateRoom Review
Lily Bridgwood
Written by Lily Bridgwood

Download Free SyndicateRoom Factsheet

Welcome to the SyndicateRoom review page on OFF3R. This page provides key information about the SyndicateRoom investment process. The SyndicateRoom review page has been developed as part of the Investment Platform review series on OFF3R.

Platform Overview

Founded 2013
Location Cambridge, UK
Regulatory Status Fully FCA Authorised

Summary

SyndicateRoom connects ambitious investors with potential high-growth businesses. In 2016, they became one of the first alternative finance company’s to provide its members with direct access to both private and public equity markets, helping investors diversify their exposure to different asset classes through a single platform.

Target Investors

SyndicateRoom is aimed very experienced businesses angels as well as  at sophisticated investors and high-net-worth-individuals, such as lawyers, accountants and other professionals, that understand their capital is at risk when investing in early-stage companies.

OFF3R’s Comment on Platform

With 97% of companies funded on SyndicateRoom still trading; against an industry average of 75%*, their standing in the sector may appear potentially promising for sophisticated investors looking for a credible equity crowdfunding opportunity.

*Source: https://www.syndicateroom.com/about-us/success-stories


Investor Information

Minimum Investment? £1000
Investor fees? No
Is early exit possible? No
What investor protection is available? SyndicateRoom will place your cash, without limitation, into your Selftrade trading account.  This cash is protected from creditors in the unlikely event that either SyndicateRoom or Selftrade goes into liquidation. Investors will not be able to claim from the FSCS if an investee company fails.

Platform Registration and Investment Process

Please open the image gallery for a walkthrough of the SyndicateRoom investment process. Each stage of the investment process has also been detailed below.

Stage 1 – Registration Process

As SyndicateRoom are regulated by the FCA, they need to ensure that only investors who know what they are doing and have the means to invest do so. Therefore, to begin the registration process, you are required to sign up and tell them what type of investor you are, and complete and pass a short questionnaire.

Stage 2 – Making an Investment

Once you have completed the questionnaire, signed up and undergone your due diligence you can make an investment. Firstly, you can browse the opportunities, and once you have chosen which opportunity you wish to invest in you decide how much to invest and press ‘calculate’. As SyndicateRoom only offer whole shares, this will calculate the investment amount nearest to the figure you entered, and show you the exact amount you’ll be investing and the number of shares you will receive.

Stage 3 – Managing your Investment

When you login to your SyndicateRoom account you will see your ’personal dashboard’. Here, you can view your share certificates, track how much you have invested by sector and how much EIS/SEIS tax relief you have claimed through your SyndicateRoom investments per tax year.

Stage 4 – Cancelling your Investment

Once the round finishes, and the payment process is completed, you have 7 days to cancel your investment. To do this, simply click on your SyndicateRoom profile and choose ‘My Investments’. Here you will be able to see a list of your completed and pending investments. Within the 7 day grace-period you will be given the option to cancel your investment here.

Watch the following video for more information on the SyndicateRoom investment process:

Please visit SyndicateRoom for more information on their investment opportunities. Your Capital is At Risk. 

Download Free SyndicateRoom Factsheet

Please visit OFF3R to compare some of the best equity crowdfunding opportunities and platforms.


Risk Warning

Information within this page has been sourced from SyndicateRoom and was correct as of July 2017. Investing in start-ups and early stage businesses involves a high level of risk, including illiquidity (the inability to sell assets without the substantial loss in value), lack of dividends, loss of investment and dilution,  and it should be done only as part of a diversified portfolio. Investors should be aware the Tax treatment depends on the individual circumstances of each investor and may be subject to change in the future. Past performance is not a reliable indicator of future performance. Your capital is at risk.

About the author

Lily Bridgwood

Lily Bridgwood

Lily is the Partnerships Associate at OFF3R. She has previous work experience in both the corporate and start-up environments. She joined the OFF3R team in October having recently graduated with First-Class Honours in International Business from the University of Edinburgh.