New Baltimore startup is selling crowdfunding investment insurance

AsurevestA local startup backed by serial tech entrepreneur Clarence Wooten will help investors in crowdfunding projects hedge their bets.

Founded last month, Asurvest provides investment insurance for private and professional investors in Kickstarter and other crowdfunding platforms, CEO Luke Cooper says. The company will open an office in Baltimore over the next few months, hiring three to five analysts and marketing specialists.

Cooper says Asurvest is looking to partner with established crowdfunding platforms like Kickstarter.comFundable.com and Gofunding.com.

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