Online VC Service Lets More Investors Into the Game FundersClub helps facilitate financing in early-stage companies for small investors who want to make small investments.
By Vanessa Richardson •
Opinions expressed by Entrepreneur contributors are their own.
While crowdfunding doesn't yet allow the 99 percent to invest in companies directly--Kickstarter and Indiegogo supporters typically only contribute or buy a future product--FundersClub is prying open the door to allow more people into the VC game.
The goal of the venture capital platform is to facilitate financing in early-stage companies for small but accredited investors who wish to make low minimum investments. The start-ups, meanwhile, have a better chance of lining up funding than they would from family, banks or angel investors.
Since attracting $6.5 million in VC funding last summer to launch the platform, San Francisco-based FundersClub has helped place more than $2.5 million into nine companies, including Soldsie, a startup that lets merchants sell directly on Facebook; Tracks.by, a social promotion platform for musicians; and Sponsorified, which connects brands with sponsorship opportunities.
The rest of this article is locked.
Join Entrepreneur+ today for access.
Already have an account? Sign In