Kapipal is an international crowdfunding platform focused on personal causes and life-events. It was just acquired by GrowVC group as an addition to their increasingly impressive offerings in the crowdfunding space.
Kapipal was founded by Alberto Falossi in 2009. The platform offers donation and reward crowdfunding service for different kinds of personal projects, like birthdays, hobbies, medical bills, school expenses. Kapipal is particularly popular in the UK, the US, Canada, Italy, Spain, and Brazil. It has helped people worldwide to raise millions of dollars and has over 50,000 unique users a month.
“It has been a great project to build Kapipal and get it to work. Today, crowdfunding is becoming mainstream and Kapipal needs more investment”, comments Alberto Falossi, Founder of Kapipal. “I wanted to find a partner that has a great reputation and commitment to operate long term in this business, and the Grow VC Group is the optimal partner to continue Kapipal’s operations and develop it to the next level” he continues.
“Kapipal has done great work in its own category and helped many people get funding for their important endeavors”, comments Jouko Ahvenainen, Grow VC Group Chairman. “The Grow VC Group’s strategy is to build a leading innovative p2p and crowd finance model group through our own operations, strategic ownerships and partnerships. We already have a strategic stake in many marketplaces, crowdfunding platforms and investment vehicles. The Kapipal acquisition is a part of this strategy. We have exciting plans to expand Kapipal’s operations and bring totally new fund raising tools to market”, Ahvenainen continues.