FlashFunders announced on its one-year anniversary that it has successfully funded over ten million dollars in startup seed rounds. In addition to this investments milestone, FlashFunders will partner with Raven Ventures to ensure that featured offerings are provided access to an extensive global network of accredited investors. Raven Ventures, a leading global seed and early stage venture capital firm, has committed to investing five million dollars in startups listing on the FlashFunders platform effective immediately.
“Over the last year FlashFunders has set the industry benchmark for online equity funding. With the Raven Ventures partnership and our promising rate of growth over the past year, we will continue to expand our capabilities and offerings for startups and investors to provide a compelling alternative to traditional funding models,” said Vincent Bradley, Co-Founder and CEO of FlashFunders.
In 2014, the global equity crowdfunding market grew 167 percent, with investments amounting to $16.2 billion, according to Massolution. With expectations for these numbers to double by the close of 2015, equity crowdfunding is proving to be an effective and groundbreaking approach to raise and commit capital. Through FlashFunders, startups can list and manage their entire funding offerings online—at no cost—while investors can browse funding listings and invest as little as $1,000 in startups.
“At Raven Ventures, we’ve been watching the online equity funding market with a close eye over the past year. It’s become clear that startups are turning to online equity funding in droves—to market test ideas and raise capital more efficiently,” said Kristian Blaszczynski, Managing Partner of Raven Ventures. “Raven Ventures is choosing to invest on the FlashFunders platform because the company has become an industry leader in online equity funding for startups and investors.”
From eco-friendly transportation service Tesloop to social media maven The Influential Network, FlashFunders boasts a diverse range of startup partners. In addition to deal execution for startups, FlashFunders also aims to provide access to a global network of accredited investors.
“The seamless and automated services that FlashFunders offers truly streamlines the whole fundraising process and raises the standard for the rest of the options out there,” said The Influential Network CEO Ryan Detert. “After completing an extremely successful first round of funding with FlashFunders, The Influential Network listed a second offering on the platform to capitalize on the global network of investors and have since raised $2.5M on the platform.”