CircleUp co-founder and CEO Ryan Caldbeck crashed the CNBC Cash Crowd party to fund Nomad, a hardware company that is equity crowdfunding on the CircleUp platform. He made his appearance after the “super panel” of investors had already gone through their brief funding routine deciding whether or not to share their lunch money to help fund the startup.
Ryan showed up to invest a significant $347,000 in the tech company saving the day. Noah Dentzel, Nomad founder, probably appreciated the gesture after being peppered with shark tank type questions and having only $20,000 kicked in.
Nomad first raised funding on Kickstarter and then shifted over to Indiegogo. The first rewards based campaign was for the ChargeCard the second for the ChargeKey – both products tackling the challenge of keeping smartphones charged while on the go. The two reward based campaigns generated over $300,000. Also it should be mentioned the crowdfunding campaign on Indiegogo pretty much delivered rewards to backers on time (or just a couple weeks late).
The campaign on CircleUp is over funded today – assisted by the house fund – and has been closed. Perhaps the additional exposure from CNBC helped. The super panel – not so much.
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