The SeedInvest Selections Fund is currently investing $200,000 alongside each company that successfully raises capital on SeedInvest. The fund is targeting investments in 50 companies over the next two years and itsare looking for opportunities to make strategic co-investments and follow-on investments.
SeedInvest lets individual investors invest alongside top venture capital firms and angel groups. SeedInvest also conducts full business and legal due diligence on each investment opportunity, while staying fee free for investors. This is unlike other platforms that take 20% of the upside through.
Companies can now raise up to $50 million from all investors under, which went into effect on June 19, 2015. This opens up investing to 240 million Americans who previously could not invest. SeedInvest helps startups take advantage of this monumental change to turn their customers into investors for the first time.
Ryan Feit and James Han founded SeedInvest in 2012. Shocked by how difficult it was for their Wharton classmates to raise capital for their startups, in 2011 Ryan and James joined a movement to change 80-year-old securities laws to make it easier for entrepreneurs to raise capital over the Internet. During the following year, they became instrumental in arguably the most significant change to US securities laws in our lifetime, the passage of the JOBS Act.
In their efforts to encourage entrepreneurship, Ryan and James were inspired to build an online platform that made startup investing and fundraising simple and accessible for investors and founders. In April 2014, after building a sizeable investor base and helping dozens of companies raise capital online, SeedInvest raised its Series A round on its own platform.
Since then, the SeedInvest team has grown to over twenty team members, helped over 40 companies raise capital, and built a rapidly growing network of over 12,931 accredited investors. In June 2015, SeedInvest was the first equity crowdfunding platform to open-up to the other 98% of Americans who were previously restricted from investing in startups.
- Founded: In 2012 by Ryan Feit and James Han.
- Headquarters: New York, New York
- Accredited investors: 12,931
- Successfully funded companies: 40+
- Average investment per investor: $40,000
- Average investment per company: $500,000
- SeedInvest Fund co-investment per deal: $200,000
- Largest investment: $750,000
- Accepted companies to date: ~1%