Balderton Capital Follows Long History of Backing Disruptive and Innovative Businesses; Invests £3.8 Million in UK Equity Crowdfunding Site

22 Jul

Crowdcube, named one of the hottest Fin-Tech firms in Europe in 2013, will use the £5 million investment to further expand its operations in the UK and internationally

By Robert Hoskins

 Exeter, Devon, United Kingdom – One of Europe’s largest venture investors, Balderton Capital, leads a £5m round with a £3.8 million stake in Crowdcube, the world’s first and leading investment crowdfunding platform. Crowdcube will complete its Series B round by offering a £1.2 million crowdfunding.

Crowdcube, named one of the hottest FinTech firms in Europe in 2013, will use the £5 million investment to further expand its operations in the UK and internationally

Crowdcube, named one of the hottest FinTech firms in Europe in 2013, will use the £5 million investment to further expand its operations in the UK and internationally

Darren Westlake, CEO and co-founder comments, “We’re delighted to secure growth finance from such a renowned VC who will undoubtedly add tremendous value both strategically and operationally. We’ve built a pioneering and award-winning service over the last few years. This investment, alongside the crowd, puts us in an even stronger position to provide essential growth finance for businesses and inspire a new generation of investors.”

Balderton Capital, which has also invested in disruptive financial tech companies such as Zopa, Nutmeg, GoCardless and Wonga, as well as other fast-growth internet businesses like Lovefilm and Betfair, has a long history of backing disruptive and innovative businesses. Partner Tim Bunting, who will join Crowdcube’s board of directors said, “We love the way Crowdcube is disrupting and democratizing investment into businesses seeking growth finance; Balderton is always looking to support new approaches to traditional financial services, and Crowdcube’s trailblazing model makes investment accessible, affordable and transparent. We’re excited about working with this team and building on their dominant position in the crowdfunding market.”

Crowdcube, named one of the hottest FinTech firms in Europe in 2013, will use the £5 million investment to further expand its operations in the UK and internationally. The firm is planning to double its team to 50 as well as open new offices in London and Scotland, while expanding its head office in Exeter. It is also expanding internationally beyond the seven joint ventures that it has already established.

Since it launched in 2011, Crowdcube has raised over £30 million for more than 130 start-up, early stage and growth businesses. More than half of this finance has been secured in the first half of 2014, demonstrating the accelerated growth for the innovative crowdfunding market, the willingness for people to invest in British businesses and the demand by businesses for seed and growth capital.

Crowdcube estimates that these companies are already boosting the British economy with the creation of 3,000 new jobs over the next three years. In addition, some fast-growth businesses like Righteous, Tidy Books and East End Manufacturing are contributing to Britain’s exports, supporting the Chancellor’s challenge to double Britain’s exports to £1 trillion by the end-of-the-year.

Other Crowdcube milestones include:

  • It was the world’s first crowdfunding platform to offer equity to investors in 2011.
  • Crowdcube has successfully crowdfunded two previous rounds on its own website raising £320,000 in 2011 and £1.5 million in 2013.
  • In September 2013 Kevin McCloud’s Hab Housing broke the world record for equity crowdfunding investment with 649 people putting in £1.95 million.
  • Crowdcube was the first crowdfunding company to sign up an international partner and now has a presence in seven countries:BrazilSwedenDubaiPolandItalySpain and New Zealand.
  • January 2014 saw the launch of the first managed venture fund for crowdfunded equity investments.
  • In June 2014 Crowdcube launched its Mini Bond product, disrupting the retail bond market in the same way that it has equity finance. River Cottage, which raised £1 million in less than 36 hours and Chilango are the two companies that have already launched Mini Bonds on Crowdcube.
  • The latest firm to raise finance is a start-up founded by the team behind Fitness First and Jatomi Fitness, James Balfour and Giles Dean. 1Rebel will launch a chain of contract-free ‘high intensity’ boutique gyms in London, which allow members to book classes online and via an app on a pay-as-you-go basis.

As the world’s first equity crowdfunding platform, Crowdcube enables everyday investors to fund British businesses in return for a share in the company. Since February 2011, over 80,000 savvy investors have registered with Crowdcube, helping to raise more than £30m for over 130 UK businesses. The ground breaking model lets entrepreneurs showcase their investment opportunity online and bypass the traditional business angel, venture capital or bank route, giving them more control and access to more investors.

Balderton Capital is one of the largest venture capital firms in Europe, committed to finding and helping talented entrepreneurs build great companies. Based in London, the firm manages $2.2 billion.

 

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Indiana Joins the Elite List of States that Allow Equity Crowdfunding from Unaccredited Investors

22 Jul

Indiana entrepreneurs can raise up to $2 million and Indiana investors can invest up to $5,000 per opportunity

By Robert Hoskins

Indianapolis, Indiana – Secretary of State Connie Lawson announced the rules for crowdfunding in Indiana which will allow Indiana investors to direct their equity investments to homegrown Hoosier entrepreneurs through the Internet. Indiana entrepreneurs can raise up to $2 million and Indiana investors can invest up to $5,000 per opportunity.

Indiana Joins the Elite List of States that Allow Equity Crowdfunding from Unaccredited Investors

Indiana Joins the Elite List of States that Allow Equity Crowdfunding from Unaccredited Investors

“Crowdfunding creates a new way for Hoosier entrepreneurs and investors to invest in Indiana,” said Secretary Lawson. “Previously, entrepreneurs could only solicit funding from wealthy investors, limiting their ability to grow their business and preventing smaller investors from taking advantage of up and coming opportunities. Now, all Hoosiers will have a chance to invest in Indiana.”

Crowdfunding began as an online fundraising strategy to facilitate the public donating  small amounts of money, often through social networking websites, to help musicians, filmmakers and other artists finance their projects. Indiana moves to the forefront of using the concept of crowdfunding as a tool to help facilitate the equity investment market. Through Indiana’s new crowdfunding rules, small businesses and entrepreneurs will be able to tap into the “crowd” in search of investments to finance their business ventures.

Congress passed the JOBS Act in April of 2012 authorizing the Securities Exchange Commission to write federal rules for crowdfunding. Those rules have not been finalized. The Indiana General Assembly passed crowdfunding legislation for the state during the 2014 legislative session and tasked the Secretary of State’s office with writing the rules. Secretary Lawson, Securities Commissioner Carol Mihalik and their team worked tirelessly to complete the rules by July 1 to give emerging Indiana businesses the tools they needed the day the law went into effect.

“Crowdfunding has potential to be a great capital formation tool for start-up businesses,” said Securities Commissioner Carol Mihalik. “Hoosiers need to be aware of the risks before they invest and they should always do their research before investing. As always, our efforts to fight fraud and impose consequences will continue regardless of the type of investment.”

For more information and to view the rules, entrepreneurs and investors can view Secretary Lawson’s website http://www.in.gov/sos/investinindiana. Investors and entrepreneurs

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Top 10 Texas Equity Crowdfunding Sites

22 Jul

Seeking a Top Equity Crowdfunding Platform in Texas to Help Raise Money to Start a  New Business? Click here to Review the Leading Equity Investment Fundraising Sites

By Robert Hoskins

Austin, Texas – We set out to write a story on the Top 10 Equity Crowdfunding Sites in Texas, but we could only find two - MicroVentures.com and TexasEnetworks.com, both of which currently offer Title II Equity Crowdfunding for Accredited investors.

Pretty disappointing considering the fact that Title III Equity Crowdfunding for Unaccredited investing for Texas businesses becomes will be voted on around August 28th, which is less than two weeks away.  And with the approved changes voted in August, the final rules should hit the Texas Register 30 days later.

Texas ranks #2 only to California by population with an estimated 26 million people, and approximately 20 million of those are 18+ years old.  When the Texas Intrastate Crowdfunding Exemption Rule goes into effect in August 2014, unaccredited investors will be able to invest up to $5,000 per year in start-ups and existing businesses, which represents a potential pool of $100 billion of investment capital for small businesses seeking to raise less than $1 million by selling equity shares in their business.

According to Google, at the current time there are only two equity crowdfunding sites serving the Texas market place. There is a huge opportunity for people with finance and marketing experience to get into the crowdfunding business. If you’d like to explore what it takes to setup an equity and/or rewards/perks-based crowdfunding site in Texas, please give us a call at (512) 627-6622.

Top 10 Texas Title II Accredited Equity Crowdfunding Sites:

    1. MicroVentures.com
    2. TexasEnetworks.com

Top 10 Texas Title III Unaccredited Equity Crowdfunding Sites:

    1. TBD – Texas will soon be accepting applications for Title III portals

 

Top 10 DIY Crowdfunding Platforms:

Equity-Based Crowdfunding Software:

Rewards/Perks-Based Crowdfunding Software:

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How to Make Money and Create Jobs by Teaching Crowd-funding Training Classes in Your City, State or Country

17 Jul

Did you know that 50% of the 48 contiguous United States don’t have one single crowdfunding training class? That means anyone with a marketing degree can make $49 to $399 per student teaching people how to launch crowdfunding campaigns

By Robert Hoskins

Austin, Texas – One thing that amazes me about the crowdfunding industry is the lack of training programs or community outreach programs that are available on a nationwide basis.  There are plenty of crowdfunding professionals that offer training programs, boot camps and workshops in major metropolitan areas, but what about cities with a population of less than 500,000 people?

How to Launch a Crowdfunding Training Program in Your City or State

Teach a Crowdfunding Training Class in Your City or State to Help Small Businesses to Create New Jobs

In most cases, cities with a population of 100,000 or more people usually have a Chamber of Commerce, Economic Development Council, SBA, SBDC,  and/or SCORE  offices that are setup specifically to help entrepreneurs and startups write business plans and find venture capital.

What surprises me the most about these organizations is that they don’t offer one single local crowdfunding training class on how to use crowdfunding  campaigns to raise money to get small businesses off the ground. Why is that?

There so many smart people out there that already teach business planning, business development, finance, marketing, etc.  Why not include a crowdfunding training class to teach entrepreneurs how to take advantage of the growing $10 billion crowdfunding industry?

Crowdfunding training classes, boot camps and workshops are charging anywhere from $49 for online classes to $399 for onsite conference training programs? Why not roll out these revenue generating programs to rural  America? Anyone familiar with the co-op business model should be able to quickly understand the concept of working with a whole community to share the cost of launching new businesses together.

 Anyone with a marketing background or public speaking experience should be able to read through the standard crowdfunding educational training program and with a little practice could teach millions of Americans how to launch successful crowdfunding campaigns to raise money to start new businesses.

To get a sense of the void of crowdfunding training classes available throughout the United States, please click on the state links below to see how many states have only one or zero crowdfunding training programs:

United States Crowdfunding Training Programs:

 

American Territories:

Crowdfunding Mergers Continue; CoFoundersLab and RockThePost Join Forces to Form New Equity Crowd-funding Site in the United States

16 Jul

New Equity Crowdfunding Platform, Onevest, Creates One-Stop Shop for Investors Seeking Startups in the United States

By Robert Hoskins

New York, NY – From early stage venture capital firms to family offices, high-net-worth individuals and non-accredited individuals, investors will find Onevest the perfect place to get a first look at the world’s most dynamic startups. Onevest has a diversified network of over 35,000 startup founders and over 15,000 investors. Onevest’s partner network, ranging from Techstars and Founder Institute to leading universities such as HarvardCornell and the University of Michigan, will continue to expand the investor base and deal flow.

New Equity Crowdfunding Platform, OneVest, Creates One-Stop Shop for Investors Seeking Startups in the United States

New Equity Crowdfunding Platform, OneVest, Creates One-Stop Shop for Investors Seeking Startups

OneVest was formed  to provide Investors seeking early stage startups with a one-stop online shop to simplify their search and due diligence process. RockThePost brought the online investing platform to the table, which connected startups with accredited investors, while CoFoundersLab was offering investors and small businesses an in-person matchmaking network that scientifically builds startup teams.  The two business were a perfect match and should streamline the entire equity fundraising process and will have offices in New YorkWashington, D.C., and San Francisco.

The upcoming implementation of Title III of the JOBS Act means over 250 million American investors will have access to equity crowdfunding platforms, as opposed to the 8 million using them today. As the investor pool grows, Onevest will make it easier to connect with qualified startups.

RockThePost was founded in 2010 by Alejandro Cremades and Tanya Prive, who will be CEO and COO of Onevest; Drew Butler will be CTO. TIME named RockThePost one of the world’s best crowdfunding platforms, Forbes dubbed it a top digital tool for entrepreneurs and Business Insider spotlighted it as a hot startup.

CoFoundersLab’s team-building platform uses proprietary tools to match entrepreneurs with core founding team members with complementary skills and compatible goals and values. The site makes over 5,000 introductions monthly and has over 35,000 founder members worldwide, with a strong presence in over 35 U.S. markets. CoFoundersLab was founded in 2011 by CEO Shahab Kavianiwho will be Onevest’s CMO. Erick Brimen, CoFoundersLab’s COO & VP of Finance serve as Onevest’s CFO.

Onevest captures companies at the formation stage, capturing the best deal flow before the transactional stage, and reduces investment risks arising from founder issues, since members are scientifically matched to create startup teams. “Knowing the teams intimately will be a key driver for investor confidence, setting Onevest apart from other platforms,” Cremades stated.

Onevest’s combined value was not disclosed. Investors from RockThePost and CoFoundersLab will join Onevest as shareholders. This includes investor affiliations from SOL Ventures, Militello Capital, Fortify Ventures, Maryland Venture Fund, Talent Equity Ventures, and members of Robin Hood Ventures and Mid-Atlantic Angel Group. Onevest has raised $3.3 million to date.

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Equity Crowdfunding Surges in Israel; OurCrowd Raises $60M for 46 Different Startups

15 Jul

Producing a better track record than Silicon Valley, twenty of these companies have already raised more than $1 million each in investments

 By Robert Hoskins

Jerusalem, Israel - OurCrowd announced has successfully raised $60 million in the aggregate to date over its platform for its 46 portfolio companies. Twenty of these companies have already raised more than $1 million each in investments, and four companies have raised over $3 million through the OurCrowd platform.

OurCrowd Equity Crowdfunding in Israel

OurCrowd Equity Crowdfunding in Israel

OurCrowd CEO Jon Medved stated, “We are proud to have raised these amounts in just 16 months since launching. These numbers demonstrate that our model works and can be effectively used for major funding rounds. The fact that OurCrowd has deployed more money for our companies than our Silicon Valley competitors proves that we are indeed at the forefront of equity crowdfunding innovation.”

Larry Jasinski, CEO of OurCrowd’s portfolio company ReWalk Robotics, which recently filed for its IPO, said, “OurCrowd did their diligence thoroughly, effectively and quickly which was appreciated and valuable for an operating company. Their team has a combination of deep experience, meaningful skills and enthusiasm for their mission. They also have provided key contacts in the US and in new areas for us such as Australia.”

OurCrowd, and its team of experienced investment professionals, provides a new and innovative way to invest in Israeli and global early-stage companies. The company has emerged as a leader in the increasingly competitive equity crowdfunding space. Earlier this year, OurCrowd announced the closing of a $25 million Series B funding round. OurCrowd continues to grow its investor base and team.

OurCrowd is a hybrid VC-equity crowdfunding platform for accredited investors who wish to invest in Israeli and global early stage companies. Managed by a team of well-known investment professionals and led by serial entrepreneur Jon Medved, OurCrowd selects opportunities, invests its own capital and brings these startups to its accredited membership. Members choose those deals they invest in via OurCrowd-managed partnerships.

OurCrowd provides post investment support to its portfolio companies, assigning industry experts as mentors and taking board seats. OurCrowd has raised over $60 million in equity crowdfunding for its 46 portfolio companies which include leading companies, such as: ReWalk, Consumer Physics (SCiO), BioCatch and Abe’s Market.

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Front Page PR offers Texas Crowdfunding Sites Advertising, PR and Social Media Marketing Campaigns to Attract More Shoppers to Buy Rewards, Perks or Equity Shares

14 Jul

Crowdfunding platforms that provide a portfolio of marketing services to help crowdfunding campaign managers significantly increase their site’s ability to generate successful fundraising campaigns

By Robert Hoskins

Austin, Texas – Does your crowdfunding site need more website traffic? Front Page PR, one of the industry’s premier crowdfunding PR firms, now offers a special package of advertising, content marketing, CRM, email marketing, gamification, PR, and social media marketing programs engineered specifically to help new crowdfunding platforms increase the number of shoppers who visit their websites to shop for perks, rewards or equity shares to purchase.

Front Page PR is one of the leading Crowdfunding PR firms in United States

Front Page PR is one of the leading Crowdfunding PR firms in the United States

In addition, Front Page PR offers crowdfunding training classes and consulting services to educate crowdfunding campaign managers on how to shoot more convincing pitch videos, how to use proven words/phrases to make crowdfunding profiles more persuasive and how to offer more attractive perks/rewards with better calls-to-action to improve conversion rates. The firm’s principles are based on time tested and proven old-school rules on how to plan successful marketing campaigns.

According the Crowdfunding Press Center’s Top 100 Crowdfunding Sites list, poor marketing programs account for significant drops in website traffic falling by 60% at 97th place and 400% at 100th place. Marketing consultants can teach crowdfunding campaign managers how to implement more effective marketing programs to give these underperforming sites a much better chance for success.

“Our firm offers crowdfunding campaign managers a menu of à la carte services, pre-packaged deals and/or post-paid commission options,” said Robert Hoskins, Front Page PR’s Director of Crowdfunding Campaigns. “One of our most popular options is a $2,500 down payment, plus a 5% post-paid commission based on the total funds raised.”

Campaign managers benefit from the post-paid 5% option because it provides them a way to run a decent marketing campaign and gives them a much a better chance for success than running no marketing programs at all. Platforms benefit because running twenty marketing campaigns simultaneously can generate an extra $50,000 per month to market the crowdfunding site, which brings in new clients, shoppers and investors.  It’s a true win-win situation for everyone.

Crowdfunding platforms and crowdfunding campaign managers that need help putting together customized marketing programs should contact Robert Hoskins at (512) 627-6622 or visit www.crowdfundingPRcampaigns.com.

Front Page PR is always seeking advertising, PR, marketing social media freelancers to participate in regional, national and global integrated marketing communications programs. If you’re interested in joining Front Page PR’s team, please follow us on Facebook, Linkedin and Twitter and send us a Direct Message (DM) to @Crowdfunding_PR.

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IgnitionDeck Acquires Crowdfunding Assets Fundify and CrowdPress to Power Star Citizen-Class Fundraising Campaigns on WordPress

14 Jul

The growing software developer has embarked on a strategy to buy up  and integrate the world’s most powerful crowdfunding tools on the WordPress platform in order to build best-of-breed fundraising platforms

 By Robert Hoskins

Apollo Beach, FloridaIgnitionDeck, Inc. announced that it has acquired two of the most popular and powerful tools that offer customers a  no-commission-fee crowdfunding platform. Fundify was purchased from Astoundify and CrowdPress was purchased from BoxyStudio. These assets position IgnitionDeck as a powerful force in the crowdfunding industry and gives the company a dominant position within one of the leading online publishing platforms, WordPress, which accounts for more than 60 million websites worldwide.

IgnitionDeck - The Crowdfunding Industry's Most Popular WordPress Platform Templates

IgnitionDeck – The Crowdfunding Industry’s Most Popular WordPress Platform Templates

IgnitionDeck’s No-Commission-Fee crowdfunding tools let fundraisers host their own donation pages, keep all of the money that they raise, and control their relationship with users. Self-hosted campaigns offer a professional-looking and money-saving alternative to sites like Kickstarter and Indiegogo, which charge commissions on all funds raised, limit fundraising time periods, impose their own branding, and control the communications between fundraisers and donors.

A crowdfunding campaign on Kickstarter campaign that raises $2 million would pay a platform commission fee of 5% or $100,000 for doing nothing more than allowing a client to upload a video, write a crowdfunding profile and add up to 20 perks.  A similar campaign running on Indiegogo that falls $1 short of its goal would pay a 9% commission or $180,000.

For example, Star Citizen, one of the most funded crowdfunding campaigns in history utilized a Kickstarter campaign, running between October 19th and November 19th, 2012. It raised $2,134,374, but had to pay a Kickstarter commission fee of approximately $106,718.

Roberts Space Industries Star Citizen is the Most Funded Crowdfunding Campaign in History

Roberts Space Industries, Chris Robert’s  Star Citizen is the Most Funded Crowdfunding Campaign in History, Dwarfing Kickstarter and Indiegogo

To circumvent paying this fee for their second crowdfunding campaign, Star Citizen’s Chris Roberts turned to IgnitionDeck to help him host his own fundraising campaign using his video game’s website, Roberts Space Industries, versus going with Kickstarter.  Star Citizen used IgnitionDeck for the first $13 million, thus at 5%, saved ~$650,000 by going IgnitionDeck direct.

After that, Star Citizen hired Turbulent to further customize the Star Citizen/Roberts Space Industries site and as of July 13, 2014, the Star Citizen campaign had raised approximately $48,050,064 from 498,029 pledges, which is more than any Kickstarter or Indiegogo campaign.

Customers that have a large community of followers and feel comfortable in setting a goal of $2 million or more on Kickstarter would save a minimum of $100,000 by hosting an IgnitionDeck crowdfunding campaign on their own website. The more money raised, the more IgnitionDeck will save them.

After the experience with such a successful crowdfunding campaign, the IgnitionDeck management team realized that they needed more functionality.  Of all the tools they analyzed, it was clear that buying the functionality that the Fundify and CrowdPress themes provided would be strategic to the future direction of IgnitionDeck’s WordPress crowdfunding platform.

Launched in 2012, Fundify soon became one of the most popular tools for hosting multiple crowdfunding projects simultaneously, enabling people to “be their own Kickstarter.” The CrowdPress design theme provides a customizable front-end to Fundify’s functionality. All of these solutions– IgnitionDeck, Fundify, and CrowdPress– let hosts avoid the typical 4% to 9% commissions levied by commercial crowdfunding sites, have sold thousands of copies, and enjoy active user communities.

According to IgnitionDeck co-founder Nathan Hangen, “The IgnitionDeck and Astoundify teams have had multiple positive interactions. During one recent conversation, we began toying with the idea of bringing Fundify into the IgnitionDeck product suite. Within weeks, both teams knew it was the right thing to do, agreed on the terms, and shook hands.” Says Astoundify co-founder Adam Pickering, “We’re proud of Fundify, and all of the success and good will that it has generated. We are glad to see it become part of the IgnitionDeck family– it’s a perfect match.”

In January 2014, Indiegogo announced Indiegogo Outpost, which replicates IgnitionDeck’s ability to embed a crowdfunding campaign on a host’s website. The Outpost feature was scheduled for release Q1 2014, but it has not yet been delivered as of this writing.

The Fundify theme only costs $60. IgnitionDeck yearly license fees range between $79 and $349. WordPress hosting for a 90-day campaign costs about $20.  All forms of online crowdfunding incur transaction fees from a payment processor such as Amazon, PayPal, Stripe or WePay.

WordPress is a robust publishing system that takes most non-computer literature users a day or so to learn. The other option is to hire  a WordPress consultant who is familiar with off-the-shelf tools like IgnitionDeck and Fundify to create and launch a custom crowdfunding site for you.

In addition to standalone crowdfunding platforms for single campaigns, the IgnitionDeck Enterprise Edition allows anyone to build a full-scale, white-labeled crowdfunding site that can be branded and setup to compete directly with Kickstarter or Indiegogo.

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NXGen Capital Launches Commercial Real Estate Crowdfunding Site for Developers, Promoters and Institutional Investors 

14 Jul

New commercial real estate equity crowdfunding site offers investors a robust pipeline of high-quality, high-yield, pre-vetted investment real estate properties across the western United States

By Robert Hoskins

Fair Oaks, CaliforniaNXGen Capital.com launched a new real estate equity crowdfunding site that provides accredited investors access to pre-vetted commercial investment properties across the western United States. The website debuts with a robust portfolio of available commercial projects, ranging in scope from exclusive hotels, luxury condos and office space to assisted living and memory care facilities. For example, a recent assisted living and memory care facility in Citrus Heights, Calif. has already raised over $1.1 million of its initial $2.1 million equity goal.

NXGen offers investors a robust pipeline of high-quality, high-yield, pre-vetted investment real estate properties on a consistent basis

NXGen offers investors a robust pipeline of high-quality, high-yield, pre-vetted investment real estate properties on a consistent basis

Each project on the site has been thoroughly investigated prior to being offered to the public. This information is openly shared on the website in the form of general property statistics, financial summaries, financial overviews and market summaries—so investors can quickly assess a project’s potential.

Additionally, investors are able to quickly and easily conduct their own due diligence across multiple projects at a time, since all projects fall under themed commercial categories. The entire crowdfunding process can be completed online and easily tracked through the customer login feature.

“In the last year or so, real estate crowdfunding has made earning power available to the public at large,” said Brian Clark, co-founder and managing director of NXGen Capital. “But we see NXGen Capital as the next generation of real estate crowdfunding. We want to bring greater transparency to the real estate crowdfunding platform and put all investors on a level playing field. Potential investors no longer need to be ‘in-the-know’ in order to diversify their portfolio.”

Due to its close relationships with developers and other industry professionals, NXGen plans to offer investors a robust pipeline of high-quality, high yield investment properties on a consistent basis. Clark added, “Investors will always have a wide range of real estate deals to choose from at any given time.”

With so much volatility in the stock market, investors are flocking to invest in tangible assets. Investors far and wide have already been attracted to the returns that NXGen Capital offers through developers, promoters and directors supplying high-quality real estate investment opportunities. While other real estate crowdfunding platforms typically offer 10-18% returns, the lowest annual return currently offered on the NXGen portal is 25% and some projects reach 40% or more.

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Funderbuilt Leads the Growing Crowdfunding Industry by Capping Platform Commission Fees at a Maximum Fee of $250

14 Jul

The portal provides campaign managers with several unique tools including FunderFactor, Funderbuilt Toolbox and a Crowdfunding Campaign To-Do List

By Robert Hoskins

Southfield, MichiganFunderbuilt officially launched on July 4th to service all types of fundraising needs and models, including donations to charitable causes, reward-based contributions to creative and business endeavors, and equity-based investments in new businesses and products. Providing “simply successful crowdfunding,” Funderbuilt makes it easy for project owners to connect with donors, contributors and investors who will help them fund their dreams.

Funderbuilt offers Donation, Reward, and Equity Platform for All Types of Crowdfunding Campaigns

Funderbuilt offers a Donation, Rewards & Equity Crowdfunding Platform for All Types of Fundraising Campaigns

Funderbuilt is perfectly suited to ALL KINDS of fundraising projects, so there’s no need to choose between multiple platforms. Projects are grouped into 3 categories – Causes, Ideas and Ventures — and just about any project falls into one of these 3 buckets.

While most crowdfunding platforms take a percentage of a project owner’s raised funds with no upper limit, Funderbuilt’s fee is never more than $250, so project owners keep more of the money they raise (Funderbuilt keeps 5% of the funding goal or $250, whichever is less). With lower fees, flexible funding models and easy to manage tools for success, Funderbuilt is designed to help projects succeed and gives project owners the best possible chance of reaching their funding goals.

The portal also provides what’s called a FunderFactor, a quick and easy way to gauge a project’s progress and the efforts of the project owner. Once a project is launched, the portal recommends that users utilize the Funderbuilt Toolbox and To-Do list to continue building support for their project.

“Our goal is to attract the best projects and the best funding sources and put those two groups together – that’s where the magic happens,” said David Moncur, Chief Marketing Officer, Funderbuilt. “Our flat fee pricing model is revolutionary to the industry and we go all out to help project owners be successful with their projects. Our platform has systematized the entire process so it’s easy to upload a project, then learn exactly what you need to do on each day of your crowdfunding campaign to maximize the likelihood of success.”

With the launch of Funderbuilt, Cincinnati, OH-based Fifth Third Bank has announced that it will refer business opportunities to the crowdfunding portal that may not fit the bank’s traditional lending requirements, but have a solid business plan, management, etc.

“The exciting thing about crowdfunding is that it provides much easier access to capital for smaller entrepreneurs, and I believe that it may well revolutionize the formation of new businesses, providing badly needed positive momentum for our economy,” said Mark Morrison, Vice President, Team Lead Commercial Middle Market, Fifth Third Bank. “As a banker, one of the most important factors for lending is cash flow and crowdfunding could help fund the gap until an entrepreneurial business establishes the cash flow necessary to qualify them for a loan. We look forward to working with Funderbuilt as a referral source for start ups and small businesses who don’t meet lending requirements.”

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