FundersClub Secures $6,000,000 New Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4f02abd7-bea4-43d2-b4d1-cded9c02c3cf&Preview=1 -
Date
10/19/2012 -
Company Name
FundersClub -
Mailing Address
465 Forest Ave. Palo Alto, CA 94301 -
Company Description
FundersClub is changing the way the world fundraises and invests. We believe that in this age of efficiency, progress, and democratization, no innovation that has the support of the people should go unpursued.
We are starting out by providing greater access to startup investing for investors and greater access to capital for deserving entreprenuers. -
Website
http://www.thefundersclub.com -
Transaction Type
Venture Equity -
Transaction Amount
$6,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The $6 million will aid FundersClub to foot the significant legal costs of pioneering in the heavily regulated financial space. It will be able to hire more employees to do due diligence on which startups it should host and convince these entrepreneurs to list on FundersClub. The cash should accelerate development of the site as well, which is currently quite basic. -
M&A Terms
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Venture Investor
First Round Capital -
Venture Investor
Y Combinator -
Venture Investor
Draper Associates -
Venture Investor
Felicis Ventures -
Venture Investor
Spark Capital -
Venture Investor
Digital Garage -
Venture Investor
Intel Capital -
Venture Investor
Andreessen Horowitz -
Venture Investor
Start Fund -
Venture Investor
SV Angel -
Venture Investor
General Catalyst Partners -
Venture Investor
Global Venture Alliance -
Venture Investor
Plug and Play Ventures -
Venture Investor
Individual Investor
