TrepLabs will provide highly-skilled app developers a stage to raise capital via crowdfunding, showcase new apps and technologies, and help the mobile developer community reduce its dependency on the Apple and Google Play “app stores.” Launcht will provide the crowdfunding software to TrepLabs™, and will assist in promoting individual crowdfunding campaigns for qualified developers.
“We carefully reviewed all of our possible options and found nothing as robust as the Launcht platform,” said Mimvi CEO Michael Poutre . “Not only will we have state-of-the-art technology, we are getting a best-in-class partner with extensive knowledge and experience in crowdfunding trends and the regulatory environment.
“Our core competency is reaching entrepreneurs, and this partnership with Mimvi and Launcht allows us to bring an incredible opportunity that can’t be found anywhere else to this audience,” said Ryan Shea , President of Entrepreneur Media, whose magazine, website and mobile network reaches a combined audience of 9.3 million.
“We are thrilled to be working with Mimvi and Entrepreneur Media,” said Freeman White , CEO, Launcht. “Among other things, TrepLabs™ will accelerate and democratize access to early-stage capital for app developers. This is an ideal use of our crowdfunding software.”
TrepLabs is expected to launch in June and intends on announcing their first round of mobile applications at the end of May.