With its 2025 study, the European Community Capital Landscape (ECCL) Initiative (communitycapital.eu) has produced a comprehensive analysis of the community capital and equity crowdfunding ecosystem in the EU. The study offers an in-depth examination of the performance of equity crowdfunding platforms as well as growth dynamics. Its key components include, among other things, data on total equity capital raised and platform benchmarking.
Beyond traditional equity crowdfunding and crowdinvesting, ECCL captures and analyzes the entire spectrum of retail and community capital: from co-investment platforms and angel syndicates to retail VC structures and emerging community capital models.
Companisto originally started as a crowdinvesting platform for startups, but through consistent digitalization it has evolved into the largest investor network and the largest business angel club in the DACH region.
According to the 2025 ECCL study, Companisto facilitated €49 million in startup equity capital in Germany (p. 63), exceeding the volume of every ECSP platform listed in the report at the European level: Capital Cell (€36.7 million), SoWeFund (€32.1 million), and Crowdcube (€28.8 million) (p. 45). Companisto operates under German regulatory supervision.
The study primarily compares platforms operating under the European Crowdfunding Service Provider (ECSP) regime. The ECCL study notes that Germany is the only major EU country in which equity crowdfunding predominantly takes place outside the ECSP regime (p. 22). Among the non-ECSP-regulated platforms as well, Companisto is, according to the ECCL study, the market leader in Germany and, with more than €300 million in cumulative investment volume, the largest facilitator of startup equity capital in the DACH region.1
DiaMonTech's financing round on Companisto, at €8 million, was the largest single equity crowdfunding round in the EU in 2025 (p. 63), ahead of Kemiwatt (€6.05 million) on SoWeFund and Playtomic (€5.18 million) on Crowdcube (p. 67).
Largest equity crowdfunding platforms in the EU in 2025 by investment volume (Source: ECCL Study 2025):
| Rank | Platform | Investment Volume 2025 | Regulation | Country |
|---|---|---|---|---|
| 1 | Companisto | €49.0 million | German regulatory framework | Germany |
| 2 | Capital Cell | €36.7 million | ECSP | Spain |
| 3 | SoWeFund | €32.1 million | ECSP | France |
| 4 | Crowdcube | €28.8 million | ECSP | Spain/UK |
Largest equity crowdfunding rounds in the EU in 2025 (Source: ECCL Study 2025):
| Rank | Company | Volume | Platform |
|---|---|---|---|
| 1 | DiaMonTech | €8.00 million | Companisto |
| 2 | Kemiwatt | €6.05 million | SoWeFund |
| 3 | Playtomic | €5.18 million | Crowdcube |
| 4 | Nordic Microbes | €5.06 million | Republic Europe |
1 By comparison, the OneCrowd Group (Seedmatch, Econeers, Mezzany) communicates approximately €100 million cumulatively across all three brands, predominantly in subordinated loans as well as sustainable and real estate investments (sources: onecrowd.de, crowdinvesting-compact.de). FunderNation and other DACH platforms are significantly lower in volume.
Status as of 20.03.2026 00:00