Crowdfunder has raised $1 million in seed funding

Posted Feb 11, 2014

Crowdfunder is a crowd funding platform that has raised $1 million in seed funding. The startup has raised a total of around $2 million. Investors in this round include 500 Startups / 500 Mexico, Rob Nail, K5 Ventures, Ben Goldhirsh, Sharon Chang, and personal investments from U.S. and Latin American based entrepreneurs, fund managers, and investment bankers.

Crowdfunder also crowdfunded themselves by taking out a round from a network of accredited investors, which oversubscribed the round.

“The round is a nice validation of the strong growth of Crowdfunder?s US accredited investment crowdfunding operations, and our international expansion led by our first foreign market deals closed in Mexico. Crowdfunder had funding from both strategic investors in the US, as well as others outside the US with international development and finance experience.? stated Crowdfunder CEO Chance Barnett. “This round will help accelerate our growth as the broad leader for investment crowdfunding in the US, with deals closed across multiple verticals startups, social enterprises, and small business ? as well as help speed our international expansion in Mexico, Latin America, and beyond.”