Advertisements
Archive | Software RSS feed for this section

HelloMD Receives $200k Boost for Dual “Form C, Series A” & “Reg. CF” Crowdfunding Raise of $1,216,314 with 27 Days Left

6 Jun

HelloMD launched its crowdfunding offering on the SeedInvest platform last month and has already received over $1,216,314 from over 795 investors

By Robert Hoskins

San Francisco, California – HelloMD – one of the nation’s largest communities of medical cannabis patients – announced that it had received an investment of $200,000 from SeedInvest’s “Selections Fund.” The money will count towards the amount HelloMD is targeting to raise from the crowdfunding platform, as well as from accredited investors in its funding round.

HelloMD launched its crowdfunding offering on the SeedInvest platform last month and has already received over $1,216,314 from over 795 investors.

HelloMD launched its crowdfunding offering on the SeedInvest platform last month and has already received over $$1,216,314 from over 795 investors

HelloMD launched its crowdfunding offering on the SeedInvest platform last month and has already received over $1,216,314 from over 795 investors for app that markets marijuana products/services

“We like what HelloMD has accomplished thus far and feel it’s well positioned to capitalize as an early leader in a rapidly growing market,” stated Ryan Feit, SeedInvest CEO and Co-Founder. “Our Selections Fund invests alongside individual angel investors in some of the most promising companies on our platform,” he continued.

Since launching service in California two years ago, HelloMD has developed a rapid following among medical marijuana patients seeking to remedy things like anxiety, stress and chronic pain to more serious medical issues like cancer and epilepsy. The site connects patients, doctors, retailers and brands in an online community where advice on product selection, health & wellness and anything related to medical cannabis can be discovered.

“We are on a mission to create the largest medical cannabis community and the first national retailer of cannabis products,” stated Mark Hadfield, HelloMD’s CEO. “We are thrilled that SeedInvest recognizes the value HelloMD brings to patients everywhere, and has decided to demonstrate that with a sizable investment of their own,” he continued.

HelloMD’s rapid growth has been fueled by its extensive library of proprietary patient generated medical information (question & answers about medical cannabis) as well as articles, videos and other unique content. Additionally, over 400 business partners (retailers and cannabis brands) have partnered with the site to make information available to customers seeking information on their use of cannabis. The company plans to use the proceeds of the equity round to expand it service offerings across all 30 cannabis legal states, as well as internationally.

HelloMD is the leading digital healthcare platform for medical cannabis patients. The service allows for easy, convenient online video access to physicians for medical cannabis consultations, recommendations to qualifying patients, product advice and more.

SeedInvest is a leading equity crowdfunding platform that provides individual investors with access to pre-vetted startup investment opportunities.  SeedInvest has funded over 160 startups and boasts a rapidly growing network of over 160,000 investors.  SeedInvest has had over 13,000 startups apply to raise capital since inception and has only accepted 1% of those companies to feature on the platform.

# # #

Robert Hoskins, a seasoned Front Page PR veteran provides more than twenty-eight years of external communications, media relations, digital social media and SEO skills to Front Page PR’s crowdfunding PR and media relations service portfolio.
Robert Hoskins
(512) 627-6622
@Crowdfunding_PR


Mr. Robert Hoskins is a seasoned marketing veteran with a proven track record of helping entrepreneurs, startups, small businesses as well as Fortune 500 corporations launch successful marketing communications campaigns to gain market traction for a wide variety of products and services.
On a regular basis, Mr. Hoskins consults with crowdfunding campaign managers as well as crowdfunding sites, portals and platforms to deliver successful crowdfunding marketing campaigns.
Google search “Robert Hoskins Crowdfunding” to see why Mr. Hoskins runs one of the industry’s foremost crowdfunding PR, social media and marketing agencies that has amassed a huge social media following and is dedicated to supporting a wide variety of donation, rewards and equity crowdfunding campaigns.
Advertisements

Crowdfunding Investor Commitments Surpass $5 Million for Title III Equity Crowdfunding Campaigns that Met Their Minimum Goals

18 Aug

Seeking Out Great Title III, Reg. CF Investment Opportunities? Check Below for Some of the Most Popular Crowdfunding Campaigns!

By Robert Hoskins

Austin, TX –  The new Title III rules – also known as “Regulation Crowdfunding” – enable even first-time investors to fund startups online with as little as a few hundred dollars of investments. Using Title III, Reg. CF crowdfunding, companies are able to raise up to $1 million.

Wefunder Dominating the Title III Reg CF Equity Crowdfunding Marketplace

Wefunder Dominating the Title III Reg CF Equity Crowdfunding Marketplace

The following are Title III crowdfunding companies with Investor Commitments that have surpassed their minimum goals as of the time of this store and broken down by crowdfunding portal:

WeFunder:

NextSeed:

SeedInvest:

  • MF Fire: A fire technology company leveraging advanced combustion science to engineer superior fire products

FlashFunders:

  • MobileSpike, Inc.: Allows law enforcement officers to stop pursuits from the safety of their vehicle

StartEngine:

  • Snapwire: Connects mobile photographers with businesses and brands that need creative imagery

Seedrs:

# # #

POMM Announces $10 Million Title IV, Reg. A+ Equity Crowdfunding Campaign to Produce a Biometric Security Case That Guards Against Hackers on Apple iPhones and Android Smartphones

11 Jul

The POMM Security Cases Will Target Billions of iPhone and Android Smartphone Customers Who Can Receive Multistep Biometric Authentication, Encrypted Storage and a Secure Set of Applications

By Robert Hoskins

New York, NY – Corporate executives, celebrities, movie stars, government officials or cell phone owners have one thing in common, they are sitting ducks for hackers that are set up to steal sensitive texts, emails, photos, videos and files that are stored on cell phones or backed up on Internet cloud storage services using malware programs such as HummingBad, Stagefright, WireLurker or Xsser.

POMM Biometric Security Snap-On Smartpone Case Guards Against Hackers

POMM Biometric Security Snap-On Smartphone Case Guards Against Hackers

“In addition to malware, it doesn’t take much computer hardware to capture phone numbers out of thin air and use cracking software to discover people’s four-digit security code,” said David Freidenberg, POMM’s CEO. “Thus, once hackers have your phone number they can use security holes in the SS7 telecom switching networks to listen in and record your phone conversations and take pictures with your smartphone’s camera while you’re inside your home or office when you are completely unaware that you are being watched.”

The good news is that there is a solution called POMM™ — Privacy on My Mind. The high-tech Israeli mobile security firm, POMM, Inc., has been working diligently on providing a cost-effective smartphone security case for the past six years. The company has been awarded multiple worldwide patents for its unique technology and is now raising money through an equity crowdfunding campaign.

The money raised is targeted for beginning mass production of its biometric security smartphone case technology and initiating a worldwide marketing campaign to sign up cell phone franchise stores, big box retail locations, resellers, distributors and hire manufacturer’s sales reps on an international basis.

POMM intends to pursue an initial public offering (IPO) in the future and, therefore, non-accredited and accredited investors have the opportunity to get in now and participate in this “Round A” equity raise. This press release is not an offering circular and the $498.80 units (12 shares) can only be purchased after reviewing the entire Title IV, Reg. A+ offering circular and full disclosure information located on the equity crowdfunding profile at: www.pommoffering.com

In 2015, the U.S. mobile accessories market reached $81.5 billion. Of the total amount, an amazing 40% or $32.6 billion was spent on smartphone protective cases followed closely by extended memory and battery technology add-on accessories.

To meet this demand, POMM’s engineering team designed its protective smartphone case to provide a huge amount of encrypted data storage, 50% more battery life and multi-step biometric security authentication system, which will only unlock a smartphone for the true owner. POMM technology also arrives with a set of secured applications, such as safe passwords, secured contacts, messaging and media library and more.

# # #

Robert Hoskins, a seasoned Front Page PR veteran provides more than twenty-five years of external communications, media relations, digital social media and SEO skills to Front Page PR’s crowdfunding PR and media relations service portfolio.
(512) 627-6622
@Crowdfunding_PR


Mr. Robert Hoskins is a seasoned marketing veteran with a proven track record of helping entrepreneurs, startups, small businesses as well as Fortune 500 corporations launch successful marketing communications campaigns to gain market traction for a wide variety of products and services.
Mr. Hoskins is one of the crowdfunding industry’s foremost crowdfunding advocates and has amassed a huge social media following that is dedicated to supporting donation-, rewards- and equity-based crowdfunding campaigns. Due to the overwhelming demand from the general public for crowdfunding information, he empowers entrepreneurs with some of the internet’s most affordable ($20) online crowdfunding training classes, which provide insight to startups around the world on a 24 x 7 basis.
Mr. Hoskins adamantly believes that the crowdfunding industry will empower everyone in the United States to rediscover the possibility of living the American dream with a little hard work, a great business idea and the dedication to researching, planning and launching a well-thought-out crowdfunding campaign. He consults on a regular basis with crowdfunding campaign managers as well as crowdfunding sites, portals and platforms to deliver successful crowdfunding marketing campaigns.

POMM Unveils New Android and iPhone Snap On Biometric Security Case With Up to 256GB of Encrypted Data Storage and a 1500 mAh Lithium Battery for 50% Longer Cell Operation

6 Jul

Customers Will Receive All-Day Power, Six Times More Built-In Local Encrypted Data Storage for Up to 32,000 Photos, 20 Hours of Video or 18,000 Songs as Well as Secured Apps for Sharing Files

By Robert Hoskins

New York, NY – To prevent more waves of worldwide smartphone hacking and embarrassing security breaches, POMM Inc. today rolled out a new type of biometric authentication and data encryption cell phone case that keeps data files private and secure from hackers.

POMM Biometric Security Case to Help Android and Apple iPhones Guard Against Hacker Attacks

POMM Biometric Security Case to Help Android and Apple iPhones Guard Against Hacker Attacks

POMM™ is a must-have add-on for Android Smartphone and Apple iPhone owners that want biometric authentication; a highly secured, personal data storage cloud; and hacker-proof cell phone applications. The POMM also comes with a slim built-in lithium battery that provides up to 50% more battery time.

POMM Spec Sheet: http://privatepomm.com/he/spec-sheet.pdf

Why Do Cell Phones Need Biometric Authentication?
This is an easy question to answer for government officials such as Hillary Clinton and Donald Trump or celebrities including Jennifer Lawrence, Kim Kardashian, Kate Upton, Kaley Cuoco, and others, whose cellphone iCloud accounts were hacked leading to the discovery of susceptible software apps in over 1 billion Android and iPhones using HummingBad, Xsser or WireLurker.

Why are Smartphones Apps Susceptible to Hacking?
A large number of popular cell phones apps do not have critical user authentication protections. For example, “HTTP Request Hijacking” (HRH) affects at least 10,000 known apps on Apple’s App Store. And this is just one of a hundred ways to hack into what most people think are secure smartphones and Internet backup storage clouds.

What is Biometric Security?
Biometric security allows smartphones to authenticate a user’s identity using fingerprint, iris, face and palm scans as well as certain types of pulse, blood oxidation, body temperature and voice recognition to verify that cell phone users are valid, alive, well and not suffering from coercion.

What is a Private, Secured, Local Storage Cloud?
POMM (Privacy on My Mind™) is a mini-computer encased inside a durable, impact resistant cell phone case that performs biometric authentication as well as implements advanced encryption algorithms. Data is stored in a local, private, and very secure cloud versus Internet-based clouds that are favorite targets of ID theft, hacker attacks and other cyberspace criminal abuse.

Who Needs a POMM?
Hundreds of millions of computer-age, modern economy cell phone users worldwide who want to feel secure in accessing, managing, and updating their digital data files.

When Will the POMM Be Available?
POMM is ready to go to market now and is currently raising $10 million by selling shares via a Title IV, Reg. A+ Equity Crowdfunding Campaign to begin mass production and achieve market penetration. Investors that purchase shares can also receive one of POMM biometric security cases. To learn more, please visit http://pommoffering.com.

# # #

Top 10 Title III, Regulation Crowdfunding Offerings Ranked on the Amount of Crowdfunding Raised

18 May

Searching for the Hottest New Title III, Regulation Crowdfunding Investment Opportunities?

For fun, we thought we would keep track of the first wave to Title III, Regulation Crowdfunding Offerings to see who has raised the most money to date. The current crowdfunding campaigns are ranked in order by the amount of money they have raised as of May 24, 2016 at 4:00 pm.

After the first week, it looks like crowdfunding campaigns with lower investment amounts far outpaced larger investment requirements.  The same is true of lower crowdfunding investment goals. For example, GameTree has a minimum investment of $100 and a fundraising goal of $100,000 and barely two weeks into their campaign they are 90% funded.

If you’d like shop around and make your first non-accredited investment in a Title III, Regulation CF offering, please review from the offers listed below.

You might also check out their company websites, their social media credentials on Facebook, LinkedIn and Twitter and then Google their founders names and companies to see what they have done to promote their company in the news media.

It will be easy to see what management teams have done the proper prep work, planned effective marketing campaigns and the others that haven’t even been able to put together a simple company website.

If they can’t build a simple website, how in the world can they run a successful business?

Here is also a quick snapshot of what Title III Crowdfunding Platforms have raised the most money:

  1.   WeFunder.com            $243,871
  2.   StartEngine                  $142,602
  3.   SeedInvest                     $74,800
  4.   NextSeed                        $26,900

Total: $461,273


1. The Legion M Entertainment (media company)

Crowdfunding Platform: WeFunder

Amount Raised: $120,611

2. Taxa Biotechnologies (genetic plant engineers)

Crowdfunding Platform: WeFunder

Amount Raised:  $111,860

3. MF Fire (an app-drive, low emissions wood stove)

Crowdfunding Platform: SeedInvest

Amount Raised: $40,900

4. Native Hostel Austin (Luxury hostel in Austin

Crowdfunding Platform: NextSeed

Amount Raised: $26,900

5. Bloomery SweetShine (distillery)

Crowdfunding Platform: StartEngine

Amount Raised: $35,700

 

6. GameTree (Social network for gamers)

Crowdfunding Platform: StartEngine

Amount Raised:  $90,360

7. Treasure State Internet (fiber optic installation)

Crowdfunding Platform: WeFunder

Amount Raised:  $8,800

8. StartMart Cleveland (Coworking space)

Crowdfunding Platform: SeedInvest

Amount Raised: $7,000

9. Gigmor (Connecting bands with venues and gigs)

Crowdfunding Platform: StartEngine

Amount Raised: $14,905

10. Urban Juncture (developing commercial real estate)

Platform: WeFunder

Amount Raised: $2,600

11. Graphic Armor (personalized condoms)

Crowdfunding Platform: StartEngine

Amount Raised: $1,636

12. NextRX Inc (Medical marijuana network pass)

Crowdfunding Platform: StartEngine

Amount Raised:  $0

# # #

IndieGoGo Crowdfunding Campaign Seeks Starting Goal of $50,000 to Spread Early Literacy Skills to One Million Preschoolers Through Storybooks, eBooks, Smartphone Apps, and Ed-Tech Website

27 May

Teaching Preschoolers Pre-Reading Skills Improves Academic Development, Promotes Lifelong Learning, Increases Family Engagement, and Instills Confidence and Perseverance When Faced With Challenges

By Robert Hoskins

Toronto, Ontario – Ruth Rumack’s Learning Space (RRLS) launched a $50,000 IndieGoGo Crowdfunding campaign that will pre-sell a set of five Alpha-Mania early childhood learning storybooks and other perks that will make teaching pre-reading skills fun for children, parents, teachers and caregivers. The Alpha-Mania storybooks are the result of teaching early literacy programs to thousands of young children over the past 16 years. Click here to watch the video.

Ruth Rumack's Alpha-Mania Crowdfunding Campaign to Promote Early Childhood Literacy

Ruth Rumack’s Alpha-Mania Crowdfunding Campaign to Promote Early Childhood Literacy

All five of the Alpha-Mania books are written and ready to publish. The goal of the crowdfunding campaign will be to pay for large publishing production runs of the Alpha-Mania storybooks, and then digitize the materials and turn them into eBooks and Smartphone apps, and eventually expand the program to an online educational web series and website where caregivers, parents and teachers will be given access to a full library of ed-tech early literacy games and reading resources. The plan is to make ed-tech materials easy to download and use on a wide variety of Smartphones, iPads, tablets and other types of eLearning devices.

Over the years, the Alpha-Mania pre-reading program has given thousands of young children a head start in developing their early literacy skills at RRLS as well as numerous established daycares, preschools, and nurseries throughout Canada. The plan is now to expand the RRLS learning experience and share it with a global audience.

“Using the power of crowdfunding, we would like to not only pre-sell these lifelong learning materials to people and schools that can afford them, but also use a significant portion of the fundraising campaign’s proceeds to ship storybooks to educational centers where they will have the greatest impact,” says Ruth Rumack, RRLS’ Founder and Director of Education. “Regardless of a child’s living environment, many parents are simply not aware of the tremendous benefits that all children receive from learning phonological awareness at an early age.”

“Printing and shipping storybooks to customers is very expensive and time consuming,” adds Evan Brooker, RRLS’s CEO. “But once we raise enough money to digitize our materials and turn our pre-reading games and interactive activities into Smartphone, tablet and laptop apps, we can sell and distribute them worldwide for a fraction of our current costs. Instead of educating thousands, our goal is to raise awareness and teach millions of people the benefits of engaging their children with early literacy skills in order to build a strong foundation for reading and problem solving before they enter kindergarten.”

Crowdfunders who donate to the Alpha-Mania crowdfunding campaign will receive many valuable perks/rewards that will be sold in singles, multi-book packaged deals for small schools and will provide large school districts discounts when materials/training classes are purchased using licensing agreements.

Students, parents, teachers and schools who contribute money to the crowdfunding campaign can choose between unique perks such as attending the launch party, chatting with the author, or naming a character in one of the upcoming stories. Check out the crowdfunding campaign for more details.

Please buy one of the following Alpha-Mania perks to raise awareness for the benefits of teaching preschoolers early childhood learning skills:

Early childhood learning years are critical for preschoolers because research shows that children gain a tremendous advantage in their ability to learn when they are taught to develop, not only academic skills, but also non-cognitive social and emotional skills and behaviors that lead to their long-term success.

There are many non-cognitive skills that are critical for an individual to strive for and succeed in when reaching long-term goals. Researchers have found that habits such as tenacity and perseverance can have just as strong an influence on achievement as intellectual ability.

What attitudes do children have about learning? Do they feel like their abilities in a subject are fixed — “I’m just not good at reading!” or do they recognize they can grow — “I can learn to read, but I need to learn some Alpha-Mania strategies to figure out tricky sounds and words in order to master the fun puzzle of reading.”

“Growth mindset,” for example, is more likely when students believe they can achieve and when they believe that intelligence is malleable rather than fixed. This also helps develop non-cognitive skills such as perseverance, self-regulation, and effective strategies for enhancing student motivation and engagement.

A large portion of the crowdfunding donations will be used to provide Alpha-Mania to underfunded schools and libraries. Donors will receive the satisfaction of knowing that they helped a small child develop pre-reading skills regardless of their current position in society and give them a head start in developing academic skills that will lead to a lifetime of learning as well as arm them with the confidence, tenacity and perseverance they will need when faced with tough lifetime challenges.

# # #

Interactive Gaming Company Launches $300,000 EquityNet Crowdfunding Campaign to Develop and Market Software that Plays on SmartPhones, Personal Computers and Game Consoles

14 Jan

Halitron, Inc., formerly  Teknik Digital Arts, Inc., is engaged in the development and marketing of interactive gaming software to play on cell phones, personal computers, and game consoles

By Robert Hoskins

Newtown, Connecticut Halitron, Inc., an equity investment holding company, (OTCPK: HAON.PK) announces the launch of a $300,000 equity raise through the EquityNet.com crowdfunding platform and is offering 21,428,571 common shares at $.014 per unit.

Halitron Equity Investment Holding Company

Halitron Equity Investment Holding Company

Halitron, Inc., formerly  Teknik Digital Arts, Inc., is engaged in the development and marketing of interactive gaming software to play on cell phones, personal computers, and game consoles. Over the coming weeks the Halitron will announce a new mission statement and outline its strategic plan which involves acquiring related sales & marketing as well as manufacturing businesses and rolling them into one very efficient and low cost operating infrastructure.

“After a thorough review of a number of crowdfunding platforms, we selected www.EquityNet.com’s portal as their service provides access to over 20,000 accredited investors.  We are excited to raise the initial capital which be utilized to further enhance operations and allow us to prepare for upcoming acquisitions,” states Bernard Findley, Halitron’s CEO.

Mr. Findley is experienced in growth opportunities as well as distressed acquisitions and work-outs.  He communicates with the investment community and operational teams in order to execute on strategic plans that are intended to benefit shareholders.

Since 2008, he has acquired and consulted for over 16 brands that were bankrupt, distressed, and/or insolvent.  Through these acquisitions, Mr. Findley gained invaluable experience with disappointed equity holders, senior lenders, unsecured vendors, and customers. While the turnaround world often comes with delivering “negative” messages, Mr. Findley has salvaged value on assets when many thought there was none.

 # # #

Front Page PR Seeks Entrepreneurs, Small Businesses and Franchises that Want to Take Advantage of the New Texas Crowdfunding Rules to Market Equity Investment Opportunities

29 Oct

Top 50 cities in Texas are home to 13.3 million residents that will soon be able to invest up to $5,000 per year in private equity investment opportunities

By Robert Hoskins

Austin, Texas Front Page PR (www.crowdfundingPRcampaigns.com), one of America’s leading crowdfunding PR and marketing firms, announced that the firm is now seeking new startups and entrepreneurs that want to take advantage of the new Intrastate Texas Crowdfunding Exemption rules that allows companies to raise up to $1 million from non-accredited investors.

Front Page PR is one of the leading Crowdfunding PR firms in America

Front Page PR is one of the leading Crowdfunding PR firms in America

On December 1, 2014, for the first time in 80 years, Texas-based startups and entrepreneurs will be able to sell private equity shares to all residents living Texas. In addition, all parties will be able to use mass marketing to advertise and publicize their equity investment opportunities using media outlets that focus on Texas Metropolitan Statistical Areas (MSAs), which are home to more than 26 million potential customers.

Metropolitan Statistical Areas (MSA) Population
Houston – The Woodlands – Sugar Land 6,484,279
Dallas – Plano – Richardson – Irving 4,627,393
Fort Worth – Arlington – HEB 2,358,186
San Antonio – New Braunfels 2,334,363
Austin-Round Rock 1,938,858
McAllen-Edinburg-Mission 862,768
El Paso 862,638
Killeen-Temple 445,356
Corpus Christi 443,351
Brownsville-Harlingen 439,437
Beaumont-Port Arthur 413,982
Lubbock 304,682
Laredo 275,686
Amarillo 265,821
Waco 260,728
College Station-Bryan 246,910
Longview 226,407
Tyler 222,781
Abilene 170,164
Wichita Falls 152,426
Midland 150,721
Odessa 145,960
Sherman-Denison 125,901
San Angelo 113,969
Victoria 96,883
Texarkana 93,457
Total:   24,063,107

Approximately 20 million of these customers are over the age of 18 and will be able to invest up to $5,000 per year in private equity placements. Once the state educates its residents and new investors become Internet savvy investors, Texas will represent a $100 billion per year pool of venture capital that small businesses and entrepreneurs can use to raise start up funding.

This will prove to be a boon for the large majority of ideas and business plans that are currently being rejected or ignored by the states 70+ business accelerators and incubators.

Any business that has received the Small Business Administration’s (SBA) rubber stamp to be pre-approved for SBA loans should strongly consider opening a business in Texas. Franchisors and franchises are the perfect business model to help franchisees raise money using the new Texas crowdfunding rules. Unlike many startups that will have an unproven track record, franchises with 5 or more profitable locations should be able to provide investors with a better than average chance of success.

Rural areas are a prime target for economic development in Texas where the demand is present for new restaurants, movie theaters, shopping malls, trampoline parks, entertainment venues, but until now have not had access to traditional venture capital due to their location.

# # #

Contact:
Robert Hoskins
Front Page PR
(512) 627-6622
rhoskins@frontpagepr.com

 

Equity Crowdfunding Platform, MicroVentures, Touts Track Record of Raising More than $50 Million for New Pre-IPO Startup Companies

21 Oct

MicroVentures portfolio includes some of the world’s leading equity investments including Twitter, Facebook, Yelp, Republic Project, LaunchRock and Loom

By Robert Hoskins

Austin, Texas –  Online venture capital platform, MicroVentures, announced that the company has raised more than $50 million directly for its portfolio companies, while generating positive returns for its investors through successful exits, such as the recent acquisition of Space Monkey, a cloud data storage company, by Vivint, on of the the largest home automation services provider in North America.

MicroVentures portfolio includes some of the world's leading investments including Twitter, Facebook, Yelp, Republic Project, LaunchRock and Loom

MicroVentures portfolio includes some of the world’s leading investments including Twitter, Facebook, Yelp, Republic Project, LaunchRock and Loom

Accelerated growth of MicroVentures will be fueled by new investment opportunities that cater to investors’ rising interests, such as late stage pre-IPO companies and real estate. The company’s focus includes investments in internet technology, media and entertainment, software, green technology, mobile, social and gaming.

“We set out five years ago to create the user-friendly platform that connects investors and startups at the seed stage,” said Bill Clark, founder of MicroVentures. “Today MicroVentures not only connects, but leads investment rounds for our portfolio companies – the first equity crowdfunding platform to play this role. This milestone showcases the viability of the equity crowdfunding business and we look forward to continuing to grow alongside our investors and entrepreneurs.”

The more than $50 million raised to date includes investments in successful companies such as Twitter (IPO), Facebook (IPO), Yelp (IPO), Republic Project (acquired), LaunchRock (acquired), and Loom (acquired by Dropbox). Other notable start-ups that are currently part of the MicroVentures’ portfolio include Structured Polymers, Soldsie, Biomeme and Oru Kayak, who was featured in the last season of Shark Tank and is actively raising capital via the MicroVentures platform today.

“MicroVentures gave us the opportunity to pitch in front of over 20,000 global investors,” said Nathan Derrick, CEO of Supplyhog. “This allowed us to spend less time raising capital and more time growing our business.”

Since establishing itself in 2010 as one of the first equity crowdfunding platforms that is a FINRA registered broker-dealer, MicroVentures has grown its investor community from 200 individuals to more than 22,000 individuals. The company has done so through building expertise, security, selectivity, due diligence, personalized customer service and accessibility for both accredited and non-accredited investors. The MicroVentures team is committed to providing confidence for both startups and investors through its dedication to rigorous due diligence and to personal relationships with investors.

# # #

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.

# # #

%d bloggers like this: