A daily newsletter summarizing recent activity & interesting start-ups globally
RECENT NOTABLE ACTIVITY – CROWDFUNDING
- BitGiving, an India-based crowdfunding platform, raised an undisclosed amount of funding from a cluster of angel investors. Link
- StartEngine, an equity crowdfunding platform, filed with SEC to register as a Funding Portal under Title III of the JOBS Act 2012. Link
- Patreon, a rewards-based crowdfunding platform for musicians and artists, raised $30M Series B funding round led by Thrive Capital. Link
- Indiegogo CEO, Slava Rubin has stepped down from the role after eight years as CEO and his position will be taken up by COO, Dave Mandelbrot. Rubin will remain on the board as Chief Business Officer. Link
- KaiStart, a China-based projects crowdfunding platform, secured a series A+ funding round led by Matrix Partners and Vision Capital. Link
- Property Moose, a Liverpool-based property crowdfunding platform, raised $633K in equity funding from The North West Fund. Link
SOME INTERESTING STARTUPS FOUND
Landlord (2015,NY) – A real estate crowdfunding platform that enables investors to build a portfolio of properties globally.
CrowdSeekr (2015, Oklahoma) – An aggregator of real estate crowdfunding investment opportunities from multiple platforms.
LEADER BOARD – CROWDFUNDING
Equity – Real Estate
Realty Mogul (2012, LA, $45M) – Online marketplace for investors to purchase equity in real estate projects. Backed by Sorenson Capital, Canaan Partners.
Fundrise (2010, Washington, $40M) – Equity crowdfunding platform for real estate. Backed by Renren, Guggenheim Partners.
CoAssets (2013, Singapore, IPO) – An equity crowdfunding platform for real estate projects. Went public in 2015.
Equity – Private Companies
CircleUp (2011, SF, $53M) – An equity crowdfunding platform for consumer brands. Backed by Google Ventures, Canaan Partners, Union Square Ventures, Collaborative Fund.
Angel List (2010, SF, $24M) – A syndicate platform for investments in startups. Backed by Google Ventures, KPBC, Kauffman Foundation, Atlas Ventures.
Symbid (2011, Rotterdam, IPO) – An equity crowdfunding platform for startups and SMEs. Went public in 2013.
Rewards
KickStarter (2009, Brooklyn, $10M) – Rewards based crowdfunding platform. Backed by Union Square Ventures, Betaworks.
IndieGoGo (2008, SF, $56.5M) – Online crowdfunding platform for reward based campaigns. Backed by Khosla Ventures, KPBC, Insight Venture Partners.
Teespring (2012, SF, $57M) – Pre-order based crowdfunding platform for custom t-shirts and apparel. Backed by Khosla Ventures, Andreessen Horowitz, Fuel Capital, FundersClub, Y Combinator.
Patreon (2013, SF, $47.1M) – Crowdfunding platform used by musicians and artists to launch campaigns for continued monthly funding from their fans in return for rewards. Backed by Freestyle Capital, SV Angel, Atlas Venture, CAA Ventures.
Betabrand (2009, SF, $23M) – Pre-order based crowdfunding platform for apparel. Backed by Foundry Group, Morgan Stanley, Morado Venture Partners, O’Reilly AlphaTech Ventures.
Donations
GoFundMe (2008, San Diego, undisclosed) – Crowdfunding platform enabling individuals to raise money for life events. Backed by Accel, Stripes Group.
CrowdRise (2010, Detroit, $25M) – Online fundraising website for charitable purposes. Backed by Union Square Ventures.
Technology
Tilt (2012, SF, $67M) – White label solution provider for crowdfunding. Backed by Andreessen Horowitz, Sean Parker, Silicon Valley Bank.
Classy (2006, San Diego, $18M) – White label platform provider for crowdfunding campaigns. Backed by Mithril Capital Management.
Invested.in (2010, Santa Monica, $1.76M) – Provides white-label crowdfunding software solutions. Backed by Karlin Ventures, Canyon Creek Capital, Amplify.LA.
Aggregator
Crowdnetic (2011, NY, $1.9M) – Real-time global data infrastructure provider for the crowdfunding industry. Backed by Crowd Capital Ventures, Crowdfund Capital Advisors.
investUP (2012, London, $270K) – Platform that aggregates debt and equity crowdfunding campaigns.
Enablers
FundAmerica (2011, LA, $2.3M) – Provides technological solutions to crowdfunding portals such as escrow & ACH, broker-dealer services, payment processing, accredited investors confirmations.
Leader board includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
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