Fundable.com Announces $100 Million Funding Commitment Goal.
The largest business crowdfunding platform, known as Fundable.com, has recently announced that over $100 million in financial funding has been made through the sites.
During the past 18 months, startups from all over the industry have utilized Fundable to grow their business forward. Different from any other crowdfunding platform, Fundable is dedicated on exclusively helping out business that are seeking an early stage growth capital. Fundable offers both rewards and equity crowdfunding option up to 500,000 startup companies, with over 15,000 new company registration each month.
According to Fundable CEO Wil Schroter, “We are thrilled with the incredible success that companies have found through Fundable. It’s amazing to see companies using funding to grow real businesses that are creating jobs and making an impact on the economy.”
As a veteran entrepreneur himself, Schroter has nearly 20 year of experience when it comes to finding successful venture-backed startups. Schroter knew from firsthand experience that access to early stage capital can be the most troublesome for upcoming entrepreneurs, and wanted to create a platform to solve this conundrum.
Schroter says, “the success of Fundable’shybrid rewards and equity system proves the need for additional expansion capital after a successful rewards campaign. Companies can prove demand for their business through a rewards campaign, and then meet demand and continue to grow through an equity crowdfunding campaign.”
Successful crowdfunded projects from Kickstarter and Indiegogo often turn towards Fundable when they’re ready to create a much more scalable business. Hidden, Ube and Unchained Play have all transferred to Fundable, in order to raise an expansion capital. Unlike Kickstarter, entrepreneurs on Fundable are able to offer equity from their business, allowing backers to invest and profit from a startup’s growth.
Successfully crowdfunded projects on Kickstarter and Indiegogo often turn to Fundable when they’re ready to create a scalable business.HIDDEN, Ube and Uncharted Play all moved to Fundable to raise expansion capital. Unlike Kickstarter, entrepreneurs on Fundable are able to offer equity in their business, allowing backers to invest and profit from a startup’s growth.