SeedInvest Raises Series A on Its Own Platform

News: SeedInvest Raises Series A on Its Own Platform

SeedInvest, an equity crowdfunding platform, just became the first U.S.-based crowdfunding site to publicly raise money for itself. The company raised $ 1 million from accredited investors through its own platform, after previously securing $ 2 million from venture capital firms such as Scout Ventures and Great Oaks Venture Capital.
Ryan Feit, founder and CEO of SeedInvest, said most firms raise a chunk of capital before using its platform. “At SeedInvest we have almost 3,000 individual investors, and you can imagine for a company to negotiate terms and valuation with all those people would be very challenging,” Feit says. “Once a company gets a kind of nod of approval from a lead investor, it makes it easier for it to open it up for individual investors to join the round at the same terms, versus negotiating with a lot of individuals [simultaneously].”
Read full article

EarlyShares CEO Joanna Schwartz to Speak at the Impact Conference at Sustainatopia on April 16

-- CEO of funding platform to speak at impact investing conference in Miami.
Read full article
Says: Says was a municipality in the district of Landquart in the Swiss canton of Graub√ľnden. On 1 January 2008 the municipality was incorporated into neighboring Trimmis.