SeedInvest Raises Series A On Its Own Crowdfunding Platform, $2M Committed So Far

TechCrunch

SeedInvest , the equity crowdfunding platform based in New York that helps other startups (like Vengo Labs ) raise rounds, is today launching a campaign on its own platform to complete an intended $3 million Series A round. The startup has already had $2 million committed from VCs Scout Ventures, Great Oaks Venture Capital, Avenue A Ventures, Archer Gray and Krillion Ventures.

The funding will be used to expand the kinds of services that SeedInvest offers both to startups and investors, and comes in advance of a change later this year, courtesy of the JOBS Act, where non-accredited investors will also be able to make investments on the platform. “As soon as the final portion of the JOBS Act kicks-in, we will open SeedInvest to 240 million Americans who will be able to invest in startup companies for the very first time,” Ryan Feit, CEO and co-founder of SeedInvest, said…

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