Crowdtilt raises $23 million in Series B
Crowdtilt is a startup that wants to help crowdfund everyday activities like parties, gifts, and trips. Today Crowdtilt has announced a $23 million second round of funding led by Andreessen Horowitz with participation from SV Angel, Sean Parker, Matt Mullenweg, Oliver Jung, DCM, Felicis Ventures, Naval Ravikant, Alexis Ohanian, Elad Gil, and several other investors. Crowdtilt will be using the funding to hire employees and focus on international expansion.
“We are grateful to have Jeff, Marc, Ben and the entire Andreessen Horowitz team as mentors as we grow our business,” stated James Beshara, CEO of Crowdtilt. “Our mission is to bring crowdfunding to the entire web and the entire world. From bite-size crowdfunding campaigns on Crowdtilt to powering complex, customized, and self-hosted crowdfunding campaigns through our API or our open-source tool, Crowdhoster, we’re excited about the next generation of this space.”