Crowdfunding is Impacting the Global Economy

Crowdfunding Global Globe

Top Story

  Innovation means creating something that makes a process or product more efficient. The result can be a price reduction passed on to consumers in the short run, or an increase in the speed at which a business operates. Ultimately, innovation serves as the backbone… Read More

London’s Natural Weight Loss Company Hits Crowdcube to Fight Obesity With Nutritional Drink “MaxMeal”

MaxMeal 4

London-based Natural Weight Loss Company recently launched an equity crowdfunding campaign on Crowdcube to raise 55,000 to fight against the disease, obesity with a new milkshake, MaxMeal. The company, which was created by nutritionist Max Tomlinson and his wife Filipa Tomlinson, shared: “Obesity is a global problem costing $2… Read More

Update: Smart Piano & Light Keyboard “The ONE” Captures Over $300,000 During the Final Hours on Indiegogo

The ONE 2

With less than 12 hours until its Indiegogo campaign comes to an end, smart piano and light keyboard, the ONE, has successfully raised over $300,000 thanks to nearly 850 backers. The ONE is self-dubbed as “the fastest and most affordable way to learn pop songs and classical… Read More

Brief: UK Equity Crowdfunding Platform Seedrs Raises £10M During Series A Funding Round to Launch in the U.S.

Seedrs Champagne 2013

Equity crowdfunding platform Seedrs revealed this week that it has raised £10 million during a Series A round led by Woodford Patient Capital Trust plc (WPCT) and Augmentum Capital. The funds will reportedly be used to launch into the U.S. market. According to TechCrunch, the platform previously captured $7.2… Read More

Credibly Establishes Educational Platform, In.Credibly, to Support the Growth of Small Business America

Credibly

Credibly, an emerging Fintech platform that leverages data science and analytics to improve the speed, cost and choice of capital available to all small and medium-sized businesses (SMBs), has launched a new educational platform, In.Credibly.com, to help businesses evaluate working capital needs. The resource hub is… Read More

New “Everyday Messenger” For Cameras & Essential Carry Secures $1.2M in One Week on Kickstarter

Everyday Messenger 3

Last week, San Francisco brand, Peak Designs, took to crowdfunding giant Kickstarter to raise $100,000 for its new product, the Everyday Messenger. During the first few days on the platform, the accessory successfully captured its initial goal quickly and is now sitting at $1.2 million… Read More

Indiegogo Greece Bailout Campaign Organizer Thom Feeney Believes: Successful Initiatives Don’t Require Large Project Teams

Thom Feeney

His recent “Greece Bailout” Indiegogo campaigns quickly gained attention worldwide, but while both his campaigns were not as successful as he hoped, Thom Feeney believes that his projects (along with others) do not require a large campaign team. According to GrowthBusiness, Feeney stated while speaking… Read More

GE’s FirstBuild Celebrates Breakout First Year; Returns to Indiegogo For Ice Maker

Opal 1

With one year in the rearview mirror, FirstBuild takes lessons learned as GE’s first startup, global online co-creation community and microfactory to plan for what is shaping up to be an even more exciting second year. FirstBuild is GE’s “co-creation community.” Described as a physical… Read More

MakerBot is the 3D Printing Company that Helped to Create the Coolest Cooler (Video)

Coolest Cooler

MakerBot, a 3D printing company, was a vital part of the production process in creating the Coolest Cooler.  Founded by Ryan Grepper, Coolest Cooler was the most funded Kickstarter campaign of all time until it was topped by Pebble Watch earlier this year. Coolest raised… Read More

Online Legal Service Marketplace UpCounsel Captures $10 Million in Series A Funding Led by Menlo Ventures

Upcounsel

UpCounsel, an online marketplace for legal services, announced it has secured $10 million in Series A funding to accelerate further adoption of its on-demand legal marketplace. New investor Menlo Ventures led the funding round with participation from previous investors including Homebrew and Metamorphic Ventures. The company has raised $13.9… Read More

Next Finance Industry Veteran Makes Move to New Finance as CommonBond Announces Morgan Edwards as CFO

Morgan Edwards headshot

Direct lending platform CommonBond has selected Morgan Edwards as its new Chief Financial Officer.  Edwards has spend the last 7 years as an MD at Macquarie Capital.  According to a company report, Edwards has tallied over 25 years in traditional finance.  At Macquarie he played… Read More


Funding Options & Finpoint Shortlisted for British Business Bank Referral Program

British Business Bank

Funding Options and Finpoint, both GLI Finance portfolio companies, have been shortlisted for the British Business Bank referral program.  Established under the Small Business Enterprise and Employment Act, the program requires traditional banks to refer any SME whose loan has been rejected to an alternative… Read More

Fact: Pagella Politica Is Now Overfunding Its Animated Fact-Checking Campaign On Kickstarter

pagella politica banner

You might not have the time to thoroughly read a fact-check of a politician’s statements, but a 90-second animated video with what appears to be an adorable and clumsy chicken might be harder to resist. That’s what the young professionals behind Pagella Politica, an Italian independent fact-checking project… Read More

Doug Ellenoff: Thousands of Entrepreneurs Have Raised Capital Under Title II Crowdfunding (Video)

Doug Ellenoff

House Minority Whip Steny Hoyer presided over the Second “Make it in America: What’s Next?” hearing held on Capitol Hill today (July 28th).  These presentations are designed to address the economic landscape; the challenges and potential solutions. Attorney Doug Ellenoff, partner at the law firm… Read More

Search Engine For Vacation Homes & Short-Term Rentals Tripping.com Closes $16M Series B Financing Round

11782255_10153452719379512_3909251421145567465_o

Tripping.com, a search engine for vacation homes and short-term rentals, announced it has raised $16 million in Series B financing from investors across New York, Silicon Valley, Asia, and Europe. This news coincides with the unveiling of significant growth statistics, including a 2,918% increase in… Read More

DICK’S Sporting Goods Stores & Foundation Partners With DonorsChoose.org to Support Youth Sports Nationwide

Youth Sports

DICK’S Sporting Goods (NYSE:  DKS), along with The DICK’S Sporting Goods Foundation, announced today a partnership with DonorsChoose.org, a crowdfunding platform for U.S. public schools. For the first time ever, DonorsChoose.org will feature a dedicated “Team Sports” section supporting public school athletic programs. The DICK’S Sporting… Read More

Amazon Rolls Out the Red Carpet for Startups with New “Launchpad” Feature

Amazon 2

Amazon today announced Amazon Launchpad, a new program that makes it easy for startups to launch, market, and distribute their products to hundreds of millions of Amazon customers across the globe. The program offers a streamlined onboarding experience, custom product pages, a comprehensive marketing package,… Read More

Innovairre Teams Up With Fundly to Deliver New Crowdfunding Solution

Handshake

On Tuesday, fundraising platform Innovairre, and crowdfunding provider Fundly announced a strategic partnership to deliver a funding solution as a part of Innovairre’s first of its kind software platform. This new crowdfunding module will be offered to Innovairre’s clients and prospects through Innovairre MC, the fully integrated fundraising… Read More

Onevest Hits Self-Crowdfunding Record; Appoints New CFO & Head of Deal Flow

Onevest

Onevest announced on Tuesday it is about to reach $2M in financing for its Series A round after self–crowdfunding on its own platform. The company’s round of funding has five days left on the platform before it closes. The platform launched the 506c offering to celebrate the implementation of Title IV… Read More

Powered Now Revisits Crowdcube for Second Crowdfunding Round: Secures over £144K in 24 Hours

powered now & crowdcube

Established in 2012 and based in the UK and Hungary, Powered Now focuses on developing software for business owners. Co-founders are the serial entrepreneurs and e-commerce trailblazers Chris Barling (who set up Actinic in 1996) and Benjamin Dyer, a software developer and former director at… Read More