SeedInvest operates an equity-based crowdfunding platform led by CEO and co-founder Ryan Feit, connecting investors with vetted startup investment opportunities. The company raised an additional $2.15M to complete a $4.15M Series A financing round. The round was advertised publicly through general solicitation and was oversubscribed. The first $2M came from venture firms Scout Ventures, Great Oaks Venture Capital, Avenue A Ventures, Archer Gray and Krillion Ventures; the remaining $2.15M closed from forty-two angel investors through SeedInvest's platform. In the prior three months, companies on SeedInvest's platform raised over $6M, including commitments to Virtuix, Vengo and Knightscope. The platform thus demonstrates active deal flow and recent fundraising traction among issuers using SeedInvest. SeedInvest operates an equity-based crowdfunding platform that links accredited investors to startups and small businesses seeking funding. Launched in February 2013 by CEO Ryan Feit and based in New York City, the platform offers tools such as virtual due diligence sessions, investment dashboards, an advanced data room and virtual boardroom features. The company has attracted more than 650 accredited investors and received applications from over 450 companies. Backed companies include StearClear, DietBet (raised $308k) and LISNR. SeedInvest says it will use the new capital to accelerate platform growth and to develop new features. The article reports a $1M financing closed to support these plans.

Total raised

$3M

Funding rounds

2

Latest round

Series A

Latest activity

Jun 2014