New group-funding site Crowdtilt allows people to corral payments for everything from a night out on the town to a vacation rental in the Hamptons. The company may be new, but it has attracted heavy hitters from the venture capital world.

Not only did Crowdtilt get accepted into Y Combinator, an accelerator in Silicon Valley, it also landed big bucks from angels and VCs the likes of Ron Conway, Reddit founder Alexis Ohanian, SV Angel and more.

While the company wants to be the end all, be all of collaborative online payments, see how Crowdtilt is getting there from co-founder James Beshara.

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