Tag Archives: Harvard

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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Start A Cure Donation-Based Crowdfunding Platform Launched to Streamline Cancer Research Donations

29 May

Upset at the Amount of Donations Actually Donated to Cancer Research, Start A Cure Lauches World’s First Crowdfunding Site Directed Entirely to Cancer Research Funding

By Robert Hoskins

Start A Cure is the world’s first patient focused research crowdfunding platform to be entirely directed at cancer. Start A Cure launched with a call to action to a small portion of our cancer researcher contacts to upload projects for funding beginning on June 1, 2013 for beta testing. Start A Cure is the crowdfunding for cancer research project created by the national patient advocacy nonprofit, Malecare, which is one of America’s largest men’s cancer support and advocacy national nonprofit corporations.

Upset at the Amount of Donations Actually Donated to Cancer Research, Start A Cure Lauches World's First Crowdfunding Site Directed Entirely to Research Funding

Upset at the Amount of Donations Actually Donated to Cancer Research, Start A Cure Lauches World’s First Crowdfunding Site Directed Entirely to Research Funding

Listening to its large cancer survivor community, Malecare learned about the large untapped pool of potential donors who want more control over where their money goes. Right or wrong, these potential donors are cynical about the way research projects are selected by government agencies and foundations for funding. They would rather choose specific projects to fund and have the opportunity to connect directly with the scientists guiding those projects. Many are also unhappy about the small percentage of donated dollars that researchers receive from government and charitable foundations. Malecare and its all-volunteer cancer survivor leadership decided to act. The emergence of crowdfunding websites, like Kickstarter and Indiegogo and pro bono finance sites such as Kiva provoked an opportunity to create a new kind of platform that both informs and empowers cancer patients and their family, friends and allies to directing their funding dollars towards research that can have meaning in their lives. Start A Cure instantly received support from the cancer researcher community. Dozens of cancer project managers from leading institutions and academic centers like Harvard, John’s Hopkins, UCLA and MD Anderson requested that their research be part of Start A Cure’s launch. By posting text and video of individual researchers and their current projects, Start A Cure raises both funds and awareness for cancer research. Donors search and browse through a menu of current research projects and choose to donate funds to projects that resonate in their own lives. By creating an efficient web based distribution system, Start A Cure is able to distribute 92% of funds raised directly to researchers, far more than any other cancer research funding scheme. Start A Cure also helps inspire students and provides hope to our cancer survivor community, by highlighting the people working night and day to develop better treatments and cures; helping us all live happier and longer lives. Projects include those that have already received foundation, government and other grants, along with projects seeking proof of concept funding. Start A Cure will quickly become the fundraising platform for all tumor types. Start A Cure is entirely complementary and supportive of the existing fundraising foundations and modalities and will only grow our cancer research capacities, worldwide.

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