VentureCrowd Closes $1.45m in Funding to Boost their Crowdfunding Platform

Tuesday, 15/12/2015 | 10:46 GMT by Ron Finberg
  • With a multi asset online crowdfunding platform, VentureCrowd has raised $1.45 million to open their services to more customers and assets.
VentureCrowd Closes $1.45m in Funding to Boost their Crowdfunding Platform

Tapping both its customer base and external investors, Australian equity Crowdfunding platform VentureCrowd has announced that it has raised $1.45 million (AU$2 million) in capital with a pre-money valuation of $7.25 million. Launched in 2014, VentureCrowd was created by alternative fund management firm, Artesian.

Unlike other crowdfunding platforms that tend to focus on either equity in startups, real estate or lending, VentureCrowd has a diversified approach and operates brands across three asset types; startups, credit and property. For each asset type, VentureCrowd provides services for both investors to participate in deals, as well as a platform to raise capital. With their own Funding Round , VentureRound plans on using the capital to assist in growing their platform and opening it up to more users and asset types.

Along with the funding news, VentureCrowd also announced that they have partnered with Kentgrove Capital. A fund manager, Kentgrove will be providing VentureCrowd investors the ability to invest in Israeli startups. The partnership is the first of a larger goal to add additional countries where startups investing will become available to VentureCrowd’s Australian customers.

According to the firm, VentureCrowd is also planning to add investments of South East Asian and Chinese companies. In addition, they have plans in place to open the online platform to onboard foreign investors to be able to invest in Australian startups and assets.

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Tapping both its customer base and external investors, Australian equity Crowdfunding platform VentureCrowd has announced that it has raised $1.45 million (AU$2 million) in capital with a pre-money valuation of $7.25 million. Launched in 2014, VentureCrowd was created by alternative fund management firm, Artesian.

Unlike other crowdfunding platforms that tend to focus on either equity in startups, real estate or lending, VentureCrowd has a diversified approach and operates brands across three asset types; startups, credit and property. For each asset type, VentureCrowd provides services for both investors to participate in deals, as well as a platform to raise capital. With their own Funding Round , VentureRound plans on using the capital to assist in growing their platform and opening it up to more users and asset types.

Along with the funding news, VentureCrowd also announced that they have partnered with Kentgrove Capital. A fund manager, Kentgrove will be providing VentureCrowd investors the ability to invest in Israeli startups. The partnership is the first of a larger goal to add additional countries where startups investing will become available to VentureCrowd’s Australian customers.

According to the firm, VentureCrowd is also planning to add investments of South East Asian and Chinese companies. In addition, they have plans in place to open the online platform to onboard foreign investors to be able to invest in Australian startups and assets.

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About the Author: Ron Finberg
Ron Finberg
  • 1983 Articles
  • 8 Followers
About the Author: Ron Finberg
Ron Finberg, a specialist in regulatory issues, brings clarity and depth to finance news
  • 1983 Articles
  • 8 Followers

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