Paralegal, Crowdcube
12 Month Fixed-Term Contract
£25-30k
More information about location
2-3 days a week in office
Crowdfunding platform
Be an early applicant
Crowdfunding platform
101-200 employees
Be an early applicant
£25-30k
More information about location
2-3 days a week in office
101-200 employees
Company mission
Crowdcube, is on a mission to make investing easy and rewarding for anyone, anywhere.
Role
Who you are
- Paralegal or NQ
- Experience of managing transactions, ideally in a corporate or finance environment
- Legal due diligence and negotiation of transaction documents
- Experience of working in-house
- Comfortable making risk-based judgments that are commercially sound, balancing the interests of Crowdcube, investors and raising companies
- Have strong organisational skills and be comfortable working on multiple tasks and deals at once
- Happy to embrace technology and product changes, such as AI, to find work efficiencies
- Solutions focussed and a problem solver
- Used to working in a fast-paced and ever changing environment and know when to fight for the right thing and when to say no
- Great at building relationships with external and internal clients, you know how to listen to and influence others so that expectations are managed and the right outcomes are met
What the job involves
- We’re looking for a paralegal to join our Diligence team
- This role will be responsible for due diligence and completion of funding rounds on Crowdcube
- As a paralegal in the Diligence team you’ll have responsibility for the due diligence and completion of funding rounds on Crowdcube
- You’ll work closely with all other departments including the Campaigns, Commercial, Investor/CX and Closing teams
- Carry out due diligence on companies looking to raise funds through Crowdcube, including Companies House searches
- Review and carry out due diligence on campaigns submitted by companies to prepare these for the financial promotion approvals process
- Review transaction and constitutional documentation, including Shareholders Agreements, Articles of Association, Subscription Agreements, Convertible Loan Agreements
- Review Commercial and financial supporting documentation provided by companies to verify their pitch content
- Draft key information documents, risk factors, board minutes, shareholder resolutions and other corporate documents
- Manage the completion and post-completion process, including checking closing conditions/conditions precedent
- Work closely with the Closing and Campaigns team to ensure effective transfer of information to avoid duplication of questions through the process
- If required, assist Crowdcube’s Funded Community, with on-going corporate actions, including shareholder votes, pre-emption, and exits
Application process
- Our interview process typically consists of an initial phone screen, an interview with the hiring manager and a task, followed by a final interview with other members of the team. There aren't any trick questions and the task will typically be based on a real scenario the team have worked on
Salary benchmarks
Our take
The number of startups looking for funding in Europe has grown dramatically over the last decade. Crowdfunding provides a solution to this, allowing companies to tap into the public rather than rely on institutional investors. The European crowdfunding market is predicted to be $5BN by 2025 and the amount of money pledged on crowdfunding platforms is now starting to rival traditional VC funding.
The company's best known competitor is Seedrs, and they both consistently compete to take on the most exciting startups as customers. For example, Revolut has hosted crowdfunding rounds on both Crowdcube and Seedrs. What set both companies apart though, has been their reach.
Crowdcube has worked hard to secure the first license to raise funding across European borders - not a measly feat by any chance. This gives them more than a leg up as the company can now expand its startup portfolio and present its users with a wider range of interesting companies to choose from.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 10 rounds)
Nov 2021
$13m
LATE VC
Nov 2018
$11.1m
SERIES E
Total funding: $58.1m
Company benefits
- Cycle-to-work scheme
- £1,000 budget for learning and development
- Share Options
- Volunteer Hours
- Additional Holiday for Tenure
- Flexible Working Policy
- 25 days holiday (excl. bank holidays)
- Work from home opportunities
- Health insurance
Company HQ
Exeter, UK
Additional info
- Crowdcube experienced year on year growth since 2011 with over 750,000 registered investors
- Over 800 British businesses successfully funded on the platform, including Brewdog, Monzo, Eden Project and many more
Leadership
Darren
(CEO)Serial entrepreneur. Launched and exited two companies before starting Crowdcube
Share this job
View 2 more jobs at Crowdcube