FundersClub Secures $6,000,000 New Funding

  • Feed Type
  • 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
  • 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

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