amazon facebook_32 gplus_32 linkedin_32 pinterest_32 tumblr_32 twitter_32 website_32 youtube_32 email_32 rss_32

 

The best source for news and information about crowdfunding for good.

Crowdfunding for Social Good

Devin D. Thorpe

Devin Thorpe

Investment Campaigns

Stories about investment crowdfunding campaigns.

1 2 3 7

Solar Finance Pioneer CleanCapital Closes 3.7M Investment Round to Help Investors Tap Solar Market

Funding round led by leading equity crowdfunding platform, SeedInvest, will be used to accelerate technology roadmap and scale operations

Press Release – NEW YORK, NY- [Nov 14, 2017]CleanCapital, an innovative online marketplace for clean energy investing, announced today that it closed its Series A with a total investment of $3.7 million. This investment came through 50 investors to include FinTech and cleantech leaders as well as SeedInvest’s Selections Fund in this latest round.

Over the past five years, the solar market grew an average rate of 72% per year, fueled by regulatory stability and reduced install costs. CleanCapital allows investors to capitalize on that explosive growth by connecting them with investment-ready solar portfolios of projects across the United States. To date, the team has financed over $50M of solar projects and more than 20 MW in operating solar assets. CleanCapital reduces barriers for institutional investors to access projects, and allows project owners to seamlessly exit their current portfolios. The typical timeline for new entrants to source, evaluate, underwrite, and close clean energy projects can take up to a year. CleanCapital is bringing efficiency to this process by significantly reducing the timeline on transactions.

“There is a sizeable opportunity to provide investors with access to new types of alternative investments and we were impressed with CleanCapital’s solar platform,” stated Ryan Feit, SeedInvest CEO and Co-Founder. “Our Selections Fund invests alongside our broader investor base in some of the most promising companies on our platform and we were excited to back CleanCapital,” he continued.

CleanCapital competed to be featured on leading startup fundraising platform SeedInvest which historically has accepted just 1% of startup applicants. In addition to SeedInvest, cleantech leaders including Jeff Phillips, Treasurer and Co-Founder of the Corporate Climate Alliance and Barney Schauble, Managing Partner of Nephila Advisors join FinTech pioneers Ron Suber, President of Prosper Marketplace, Jon Barlow, Founder of Eaglewood Capital Management, and Bradley Pattelli, Former Chief Investment Officer of LendingClub with investments in CleanCapital.

The new investment will allow CleanCapital to accelerate its technology roadmap and scale operations, growing its team with leading industry experts. Recent hires include seasoned finance expert, Matt Eastwick as Head of Capital Markets and award winning Creative Director, Jurgen Altziebler as Head of Design.

“To accelerate clean energy growth we need to create a marketplace that provides all investors with simpler, understandable ways to invest in this asset class. We are thrilled that SeedInvest recognizes the value CleanCapital brings to the clean energy marketplace,” said Thomas Byrne, Co-founder and CEO of CleanCapital. “CleanCapital is committed to attracting more investors to the space by creating a new marketplace for clean energy, one that is driven by transparency, efficiency and accessibility.”

“As clean energy market grows as an asset class, mitigating risk will be a key component in attracting new investors,” said Barney Schauble, a Managing Partner at Nephila. “I believe CleanCapital can grow substantially by leveraging technology to address market inefficiencies and increasing the flow of capital throughout the clean energy marketplace.”

About CleanCapital:

CleanCapital is a financial technology company that makes it easy to invest in clean energy. CleanCapital allows accredited investors—including institutional investors, family offices, and investment funds—to invest in secure and diversified clean energy projects. Investors can monitor investments in real-time using our seamless online platform. We were founded in 2015 and are headquartered in New York, NY. Stay up to date on the evolving market of clean energy finance by signing up on our website, following us on Twitter, liking us on Facebook or connecting via LinkedIn. Learn more at http://www.cleancapital.com.

About SeedInvest:

SeedInvest is a leading equity crowdfunding platform that provides individual investors with access to pre-vetted startup investment opportunities. SeedInvest has funded over 160 startups and boasts a rapidly growing network of over 200,000 investors. SeedInvest has had over 20,000 startups apply to raise capital since inception and has only accepted 1% of those companies to feature on the platform. For more information about SeedInvest, visit www.seedinvest.com.


Never miss another article! Join Devin here: http://bit.ly/joindevin.

Impact Housing REIT, LLC Launches $35 Million Equity Crowdfunding Opportunity Focused on Solving the Housing Crisis in America on ImpactHousing.com

CrowdStreet, a leading real estate investment technology provider, is powering the online investment offering and providing access to their existing network of accredited and unaccredited investors.

Press Release – Los Angeles, CA – September 20, 2017 — Impact Housing REIT, LLC (ImpactHousing.com), a new apartment real estate investment trust led by Edward (“Eddie”) P. Lorin, a 30-year multifamily real estate veteran, is pleased to announce that its $35 million direct public offering under Regulation A+ has been qualified by the Securities and Exchange Commission (SEC) and is now open for investment. All investors – accredited and unaccredited, domestic and international – can invest directly in Impact Housing REIT Series A equity round for as little as $1,000. To read more and/or get started with an investment, click here.

Poor housing conditions due to a rising economy, extreme weather conditions, and poverty is effecting our health, quality of life, and country, as a whole. Impact Housing is the first REIT in the country using the new equity crowdfunding laws to focus on America’s housing crisis, specifically on creating affordable, livable, distinctive multifamily communities for America’s working people and their families.

Employing a strategy that Mr. Lorin has refined over decades, Impact Housing plans to buy neglected, poorly managed apartment buildings throughout the U.S., and transform them into thriving, healthy, family-oriented communities. Upgrades typically include new amenities, refreshed and upgraded interiors, resort style pools, playgrounds, state-of-the-art fitness centers, BBQs, dog parks, community gardens and open space social areas. Click here to view our Property Gallery.

In addition, Impact Housing is partnered with the HAPI Foundation (Healthy Apartment Property Initiative), a 501(c)(3) organization, and together, provide FREE afterschool programming (including a free healthy meal when possible), health and wellness education to the resident children and their families. To see our impact with HAPI, click here.

Eddie Lorin, Founder of Impact Housing REIT, commented, “In my 30+ years of experience in multifamily real estate, upgrading neglected properties and turning them into thriving communities has proven to enhance residents’ lives, increase retention and referrals, and reduce vacancy. When you give people a nice home and community that’s affordable, they tend to be happier. They stay, pay and refer their friends. This goes directly to our bottom line and has allowed us to deliver to our investors not only a good financial return, but also a good social return. It’s a win-win.”

The technology enabling this online investment offering is backed by CrowdStreet, a leading provider of real estate fundraising and investor management solutions. In addition, CrowdStreet is providing its established network of over 25,000 investors the ability to directly invest in Impact Housing REIT using the CrowdStreet Marketplace at https://www.crowdstreet.com. Impact Housing REIT marks the second real estate investment opportunity open to CrowdStreet’s entire network of investors, both accredited and unaccredited.

Impact Housing REIT is not your typical startup. Prior to launching Impact Housing REIT, Eddie’s team, acting as either Principal or Advisor, has transformed over 40,000 apartment units into safe, quality homes for hard-working individuals and families. Their prior portfolios consistently demonstrated “full” occupancy levels. By implementing value-add improvement plans, the team has achieved, on average, 95% stabilized occupancy upon completion of renovations on new acquisitions, and attribute success to a variety of factors including and most notably, strong local relationships with real estate brokers, servicers, lenders, and property managers.

CAUTION: PRIOR PERFORMANCE DOES NOT GUARANTY FUTURE RESULTS.
AN INVESTMENT IN IMPACT HOUSING REIT, LLC INVOLVES SIGNIFICANT RISKS.

FOR MORE INFORMATION, SEE OUR OFFERING CIRCULAR.

Lorin added, “The ability for Impact Housing to utilize new crowdfunding laws to circumvent the middleman and bring more efficient financial returns directly to everyone, regardless of income level or wealth, is remarkable to say the least. The more money raised through the Impact Housing REIT offering, the more we can meet the shortage of decent workforce housing that’s affordable in our country and deliver market rate returns to our investors.

We are thrilled to partner with CrowdStreet in this initiative. CrowdStreet’s technology platform provides us with the confidence needed to both fundraise online at scale, and then effectively and efficiently manage the investors for the duration of their investment. The unique ability to solicit new investors, transact offers, and efficiently manage hundreds of subscribed investors, all using a single platform, makes CrowdStreet an essential part of this Regulation A offering.”

Tore Steen, CEO of CrowdStreet, commented “We’re excited to partner with Impact Housing on the launch of the Impact Housing REIT offering, and expand the availability of social-responsible investments to investors of all types. We look forward to making this investment offering visible, accessible, and actionable to more than 100 million eligible U.S. investors.”

To learn more and take part in Impact Housing REIT investment offering please visit https://invest.impacthousing.com/.

About Impact Housing REIT, LLC

Impact Housing REIT, LLC is a company newly founded by Edward (“Eddie”) P. Lorin, a 30-year multifamily real estate veteran, focusing primarily on value-add and/or under-performing multifamily properties nationwide. The Sponsor, Strategic Realty Holdings (SRH), was formed by Eddie Lorin in 2014. Eddie Lorin, along with his core management team from Strategic Realty Capital (SRC), a private multifamily investment company co-founded by Eddie Lorin, come equipped with many years of experience in multifamily real estate. Since 2001, the Impact Housing management team, has participated, as Principal or Advisor, in the purchase and transformation of more than $3 Billion worth of multifamily real estate amounting to more than 180 communities with approximately 40,000 apartment units nationwide.

For more information about Impact Housing REIT and to invest in its $35 million Series A Offering, please visit: www.ImpactHousing.com, like us on Facebook, follow us on LinkedIn and Twitter at @theGOODREIT.

About CrowdStreet

CrowdStreet is a leading real estate investing technology provider that is transforming fundraising by providing CRE firms a scalable platform for growing and managing a large investor-base. CrowdStreet’s platform enables online fundraising at scale, and also extends beyond the funding of a deal, cultivating and growing lifetime value for CRE firms through the building, managing and expanding of ongoing investor relationships. For additional information, please visit www.crowdstreet.com.


Never miss another article! Join Devin here: http://bit.ly/joindevin

‘Unstoppable’ Mom, Cancer Survivor Creates New Fertility App

This post was originally produced for Forbes.

You can download an audio podcast here or subscribe via iTunes.

Have you ever had a question you wanted to ask a doctor but couldn’t find one to ask? Have you ever wanted a second opinion but decided it would take too long or cost too much?

Alice Crisci did. Unlike the rest of us who’d had such problems, she decided to do something about it. She founded Ovum Medical to provide MedAnswers, an iPhone app that gives patients direct access to doctors and other experts to answer questions. Crisci plans to launch Android and web versions of the service before the end of 2017.

She traces the history of the company to her own scare with cancer. “I was diagnosed with breast cancer when I was only 31 years old.” Three weeks after her cancer diagnosis she launched a nonprofit called Fertile Action.

Alice Crisci, MedAnswers

“When I was diagnosed with cancer I didn’t see a second opinion oncologist until I was already going through treatment. He didn’t even agree with the treatment plan that I was going through. So I connected the two oncologists in a conference call so I could hear both of their approaches.”

Last year, she came up with the idea for MedAnswers and began working to bring it to market. The app is already available for free in the App Store.

The app allows multiple experts, typically medical doctors, to offer answers and then to vote them up or down so users can see a consensus forming around the best answer.

Today, the company is conducting two simultaneous securities offerings to raise money, including a crowdfunding campaign via Start Engine. There, she set a goal of just $10,000 but has raised over $107,000.

For now, the app only provides answers in the fertility space but the plan is to broaden the reach of the experts organically until it covers the universe of health care questions. “We called it MedAnswers and not infertility answers or oncology answers because we want to help people in their moment of health care crisis,” Crisci says.

Jenifer Gausman, a life-long friend and committed investor in the company, says, “MedAnswers solves the information overload by less reliable sources by connecting patients to experts that answer their questions.”

MedAnswers, iPhone app

Christina Stramacchia got to know Crisci through a fertility group on Facebook. She is using the app and says, “I have posted several questions – response time is excellent, and the feedback is professional and informative. Many times the responses are aligned with my RE [reproductive endocrinologist] and nurse opinions. In some cases, when I present the information I have gathered on MedAnswers, they are able to elaborate on the explanation I was given on MedAnswers.”

Crisci explains that she has found experts in seven fields related to infertility who have signed up to provide answers on the app. The fields include reproductive endocrinologists, embryologists, geneticists, genetic counselors, psychologists, urologists and reproductive attorneys. [Insert your own joke about multiplying lawyers here.]

These are early days for the young social enterprise. The app launched in the App Store only in June. Crisci acknowledges that “we’re still newbies.”

Gausman says, “If Alice has her way, she will ensure every patient seeking fertility answers will have that access. She is unstoppable.”

Over 1 million people have read my books; have you? Learn more about my courses on entrepreneurship, crowdfunding and corporate social responsibility here.


Never miss another interview! Join Devin here!

Devin is a journalist, author and corporate social responsibility speaker who calls himself a champion of social good. With a goal to help solve some of the world’s biggest problems by 2045, he focuses on telling the stories of those who are leading the way! Learn more at DevinThorpe.com!

 

You Won’t Believe What She Does After Her Breast Cancer Treatment

Alice Crisci was a healthy young woman. At age 31, before having a child, she was diagnosed with breast cancer.

Prior to beginning aggressive treatments that would make conceiving difficult, she had her eggs harvested and fertilized and had the embryos frozen. She then endured the agonizing treatment for the cancer.

Five years later, with a green light from her oncologist, she did a frozen embryo transfer and conceived on the first try. Alice delivered a baby boy she named Dante. Today, they are both healthy. But the story doesn’t end here.

Dante and Alice Crisci

Dante and Alice Crisci

She remembered that after she started chemo, she decided to get a second opinion, resulting in an important change to her treatment. She also remembered how difficult that was. She’d also learned that medical information on the web is at best generic, at worst wrong and most often unreliable. She started developing an app to allow people to ask questions of medical experts.

To fund the startup, she launched a regulation CF crowdfunding campaign on Start Engine and raised more than ten times her minimum goal of $10,000.

Starting with fertility questions, the MedAnswers app is now working, providing free, immediate answers to health questions.

Read the full Forbes article and watch the interview here.Never miss another interview! Join Devin here!

Devin is a journalist, author and corporate social responsibility speaker who calls himself a champion of social good. With a goal to help solve some of the world’s biggest problems by 2045, he focuses on telling the stories of those who are leading the way! Learn more at DevinThorpe.com!

 

How This New Innovation Could Be The Sliced Bread Of Solar Industry

This post was originally produced for Forbes.

You can download an audio podcast here or subscribe via iTunes.

Andrew Yakub may be onto something. Big. Sliced bread big.

Yakub, 30, is the CEO and founder of Rayton Solar. A physicist who had used particle accelerators for cutting silicon had launched a solar installation business. Fearing the end of Federal tax incentives that might slow his business, he was thinking about ways to cut the cost of solar enough to make it economical without them. He surmised that the silicon in solar panels could be sliced with a particle accelerator rather than with blades, radically reducing wasted silicon.

From that foundation, Yakub has built a promising startup. Targeting a 60% reduction in manufacturing costs, he hopes to both lower costs to customers and operate with better-than-industry average margins. In addition, he expects the solar panels to be 25% more efficient. With those goals, he raised $2.8 million in seed funding.

Watch my full interview with Yakub in the video player at the top of the article.

Rayton Solar is now raising up to $50 million via a crowdfunding or Regulation A+ round from the public. Ordinary investors can participate. So far the Santa Monica, California-based company has received $4.2 million in funding commitments via the offering.

The first use of the new funding was to purchase the large particle accelerator the company will use to slice silicon for the solar panels. The custom equipment has been ordered; delivery is expected in January, Yakub says.

Yakub got his start in particle physics working as a design engineer at the UCLA Particle Beam Physics Laboratory. Those relationships have proven key to building the business.

Andrew Yakub displays prototype solar cell

James Rosenzweig, the Distinguished Professor of Physic in the UCLA Department of Physics and Astronomy, now serves on the Rayton Solar board. He says, “The concepts concerning use of particle beams in cutting materials for solar panels is an exciting spin off of the types of research we engage in at UCLA.”

Rosenzweig says that Rayton’s technology is “a potential game changer for solar manufacturing.” This is driven by the parallel impacts of cost reduction and increased efficiency.

Yakub, previously recognized by Forbes as one of the 30 under 30 to watch in energy, earned a degree in physics at the University of California at Santa Barbara.

Yakub has a passion for solar as a part of the path to eliminating global reliance on fossil fuels. He notes enthusiastically that California is moving to get 100 percent of its energy from renewable sources. He cites a prediction from the International Energy Agency that by 2050 the world will get 50% of its energy from renewables, representing a 50-fold increase in renewable energy production over just three decades.

He gushes about the economic revolution coming in Africa, mimicking that of South Asia. He sees off-grid and micro-grid uses of solar across the continent allowing the country to thrive without the expense of building an electric grid similar to ours. He sees an economy there built on renewable energy instead of fossil fuels.

Ultimately, the market will determine if Rayton Solar’s technology is the winning technology, but early signs suggest that slicing silicon with a particle accelerator could be the sliced bread of the solar industry.

Over 1 million people have read my books; have you? Learn more about my courses on entrepreneurship, crowdfunding and corporate social responsibility here.


Never miss another interview! Join Devin here!

Devin is a journalist, author and corporate social responsibility speaker who calls himself a champion of social good. With a goal to help solve some of the world’s biggest problems by 2045, he focuses on telling the stories of those who are leading the way! Learn more at DevinThorpe.com!

Northwest Startup Groundswell Provides Sustainable Funding Model For Nonprofits

Company to raise $1 million new crowdfunding laws to launch first customers

Press Release – WASHOUGAL, Wash. — GroundSwell, a Washington State social purpose corporation based in Washougal, Wash., is shaking up the philanthropic world with a sustainable revenue-sharing approach designed for nonprofit organizations. This month, the company–whose mission is to sustainably fund organizations that make the world a better place–kicked off its final round of investment crowdfunding to raise $1 million for its public launch this fall.

“Other companies, banks, and credit unions offer traditional debit cards. We created GroundSwell because we saw a better way to put technology, banking, and philanthropy together,” said Dr. Daniel Rubano, co-founder and CEO. “To date, we have raised more than a million dollars, and are now in our final phase of fundraising to allow everyone to become part of this movement and support our public launch this fall.”

Money on a Mission

Each time we swipe our credit or debit card, a transaction fee is generated, providing more than $60 billion in revenue to banks. Licensed as a bank, GroundSwell’s business model redirects these fees from big banks back and shares them with partner nonprofits through customized Visa debit card programs. Each time a card is used to make a purchase, the profits generated from the processing fees are shared with the nonprofit partner..

The result is a sustainable revenue stream that helps address the needs of the 1.5 million nonprofits that are underfunded, according to the National Center for Charitable Statistics. Nonprofit members’ Visa debit cards act just like a checking account, with no credit checks, fees, or interest, and are FDIC insured.

“We looked around and saw there was a need to act fast to make our world a better place,” said Joseph Graves, head of Operations & Program Development. “GroundSwell gives us a way to live out our commitment to making a difference and allow anyone to support the organizations they love by simply doing the things they would normally do every day already!”

Become a GroundSwell Investor

Anyone passionate about giving back and supporting nonprofits is invited to become part of the groundswell to share the wealth with those who will use it best. Participants can buy ownership through our partner Wefunder, an investment crowdfunding platform. These funds will support operations for the next 12 months to develop services, expand our nonprofit partner network, and conduct initial testing with early adopters. The minimum investment is $100. Owners will be the first to receive their Money on a Mission VISA debit card pre-loaded with thank you funds to start making a difference. They also will gain access to company updates, insider information, and company store. To learn more or make an investment, visit www.groundswellworld.com/media.

Nonprofit organizations interested in becoming partners, please visit groundswellworld.com/partner-faq

About Groundswell

Established in 2015, GroundSwell is putting money on mission by servicing nonprofit organizations dedicated to doing good in the world. By creating the opportunity for all of us to make a difference every day, GroundSwell provides sustainable revenue for underfunded nonprofits by redirecting visa debit revenue from big banks. To learn more, visit GroundSwellWorld.com and follow us at facebook.com/GroundSwellSPC, twitter.com/GroundSwellSPC and linkedin.com/company-beta/17955042.

Sources:

https://www.federalreserve.gov/paymentsystems/files/debitfees_costs_2015.pdf

https://www.aol.com/article/finance/2017/04/13/this-is-how-credit-card-companies-hauled-in-163-billion-in-2016/22038773/


Never miss another article! Join Devin here: http://bit.ly/joindevin.

Lice Clinics of America Announces Equity Crowdfunding Campaign

The World’s Largest Network of Lice Removal Clinics Creates Unique Investment Opportunity with Title III Regulation Crowdfunding Campaign

Press Release – Salt Lake City, UT (June 28, 2017)Lice Clinics of America®, the world’s largest lice-treatment products and services company, announced the launch of its Title III Regulation Crowdfunding Campaign (Reg CF), allowing accredited and non-accredited investors to purchase equity in the well-established company.

Lice Clinics of America has grown rapidly, doubling sales in each of the last three years under the leadership of CEO Claire Roberts, to $7.6 million in 2016 and is now seeking to raise money in equity crowdfunding.

“We think our Reg CF offering will be very unique for both investors and supporters of what we do,” said Roberts. “This is more than just about raising capital to advance and expand Lice Clinics of America product and service offerings. We want people to know our story, including our philanthropic and community work, our mission to put an end to head lice, as well as to see this as a business opportunity where failure of the leading global brands has created great opportunity for innovation.”

With supportive capital from 37Ventures, LLC, plus an engaged and passionate group of accredited angel investors, Lice Clinics of America has grown to more than 250 clinics in 17 nations and recently passed the 250,000 treatment mark with its patented and FDA-cleared AirAllé® dehydration medical device and method.

Lice Clinics of America is seeking investments through StartEngine, an online equity crowdfunding platform co-founded by Activision co-founder Howard Marks.

“Companies can begin this process at any time – whether they are in very early stages or experiencing massive growth,” said Marks. “This solution to financing helps entrepreneurs stay true to their missions and maintain control of their companies. Consumer-owned means keeping the companies on track and allowing them to grow with their customer base.”

The campaign will feature a video highlighting the experiences of families at a women’s shelter in Texas, to which Lice Clinics of America has provided free treatments and products. The shelter suffered from a lice infestation for over a year, unable to cure it with the leading OTC products that no longer work because of pesticide-resistance. With Lice Clinics of America’s intervention, the lice were gone and the shelter became a true refuge for the clients.

“Lice Clinics of America is committed to the communities in which we operate, so no one gets left behind,” adds Roberts. “Yes, we are raising capital to supplement our ongoing growth strategy, but more importantly, we want to expand our network of supporters and attract people interested in helping us promote family health through accurate information and products and services that really work.”

In addition to its focus on family health, Lice Clinics of America is unique because of its ownership and leadership. Half of the corporate leadership team is comprised of women; and 75 percent of the clinics are owned by women. While lice can affect anyone in a family, the chore of dealing with infestations usually falls to moms; and girls tend to get lice more frequently than their brothers. The Reg CF campaign video reflects this female reality and seeks to appeal to women who have previously supported family health causes, and who are interested in equity crowdfunding.

For additional information on Lice Clinics of America’s Reg CF campaign, please visit our investment page.

ABOUT LICE CLINICS OF AMERICA

Lice Clinics of America stands for healthy families and healthy kids, no matter where they live or what their life circumstance is. Our mission is to provide caregivers and medical professionals globally with lice-treatment solutions that are non-toxic, pesticide-free, science-based, completely effectively, and most of all, affordable.

With more than 150 clinics in the US and over 100 internationally, and new products now available at Walmart and other leading retailers, Lice Clinics of America is the world’s largest provider of urgent care lice treatment. Our expert clinicians treat and cure head lice infestations in a single one-hour treatment. The Lice Clinics of America brand is owned by Larada Sciences, Inc. For more information visit www.liceclinicsofamerica.com.

ABOUT STARTENGINE

StartEngine is a premier equity crowdfunding platform, connecting qualified millennials and other investors with tomorrow’s progressive companies. Based in Los Angeles, the company was created in 2013 by Howard Marks, co-founder of Activision, and Ron Miller. StartEngine is committed to revolutionizing the ways startups are funded, thereby helping entrepreneurs achieve their dreams.


Never miss another article! Join Devin here: http://bit.ly/joindevin

WeFunder To Offer Investment In Recoup Cold Roller

24-year-old’s invention, used by slews of professional athletes, opens capital raise

Press Release – DENVER, CO, June 28, 2017 – 24-year-old entrepreneur Matt Hyder has partnered with WeFunder, the largest regulation crowdfunding portal connecting startups with investors online, for his company’s first capital raise. The crowdfunding service will help connect Hyder to a potential investment of $1.07 million in Recoup Fitness.

“It’s really exciting to give people the chance to join us and become a part of our journey at Recoup Fitness,” said Hyder. “I am confident in our team, our ability to scale and continue to innovate with new products in the pipeline. With the potential investors we will meet through WeFunder, we can be the leading name in injury and sports recovery.”

Hyder turned an $8 prototype into a multi-million-dollar company when he launched Recoup Fitness in 2015. Recoup’s flagship product, the Cold Roller, is a two-in-one recovery/massage tool for relief from bodily aches and paints. Roll the Recoup Cold Roller over sore, achy muscles for concentrated self-myofascial release, toss it in the freezer for up to six hours of cold massage, or combine the two for faster overall recovery. Hyder developed the device, after receiving a basketball injury.

Recoup Fitness is a company designed to help athletes and everyday individuals recover faster from injury, combining the benefits of cold massage therapy and foam rolling to reduce inflammation and aid in post-workout recovery. The cold, steel surface releases metabolic waste products and toxins, while relaxing the muscles. Since its inception, the product has been crucial for top-caliber athletes and trainers, in optimizing the recovery process, while minimizing recovery time.

Wefunder uses a provision in the 2012 JOBS Act which allows unaccredited investors to provide equity for entrepreneurial undertakings. The Recoup Fitness raise begins with an investment as low as $100.00.

For more information, please visit https://wefunder.com/recoup.fitness or https://recoupfitness.com.


Never miss another article! Join Devin here: http://bit.ly/joindevin

CleanCapital Closes Investment Round Led by FinTech Leaders and Pioneers

Funding to be used to implement technology roadmap and scale operations to broaden clean energy investing

Press Release – WASHINGTON, DC-— CleanCapital, an innovative online marketplace for clean energy investing, announced today the closing of the first round in Series A funding, as part of an ongoing capital raise. The new capital will allow CleanCapital to implement their technology roadmap and continue scaling operations, growing its team, and expanding opportunities for clean energy investing. CleanCapital’s proprietary platform has benefits that are two-fold, by creating opportunity for investment and increasing ease for project owners to exit their current portfolios. By reducing barriers both for the flow of capital and access to investments, CleanCapital is accelerating clean energy deployment.

This capital raise follows an exceptional first year for CleanCapital. To date, the team has financed over $40M of solar projects and more than 20 MW in operating solar assets. They have also received funding from industry leader John Hancock Life Insurance to finance numerous assets. CleanCapital has created a unique algorithm to efficiently scrub and value projects so that only the best investment opportunities are included in investment portfolios.

Investors include FinTech leaders and pioneers such as Ron Suber, President of Prosper Marketplace, Jon Barlow, Founder of Eaglewood Capital Management, and Bradley Pattelli, Former Chief Investment Officer of LendingClub. In addition, the company was recently selected to be featured on leading startup fundraising platform SeedInvest which historically has accepted just 1% of startups applicants.

“To accelerate clean energy we need a marketplace that provides all investors with access to this asset class. Our team is honored to be working with numerous FinTech pioneers to grow CleanCapital and clean energy more broadly,” said Thomas Byrne, Co-founder and CEO of CleanCapital. “CleanCapital is committed to attracting more investors to the space by providing a simple, understandable way to invest in clean energy.”

Ron Suber is at the center of San Francisco’s flourishing FinTech community. As of today, he’s invested in 16 FinTech companies, including high-profile players like DocuSign and SoFi, and serves as an official advisor to a half dozen companies.

“Clean energy is more important than ever before. I am excited to support CleanCapital as it provides retail and institutional investors with a simpler way to invest in clean energy. They have a strong team that can execute and a unique strategy to accelerate growth in the industry,” said Ron Suber, President of Prosper Marketplace.

Jon Barlow is the founder and former CEO of Eaglewood Capital Management, a leading P2P asset-management firm with approximately $2 billion of assets under management. He currently serves as a director and advisor to several FinTech companies, including Money360, eOriginal, VeriComply and Marketlend.

“I was initially attracted to CleanCapital because they are on the cutting edge of an emerging and highly scalable asset class, with an innovative platform that I believe helps create an attractive risk adjusted return profile for investors and accelerates clean energy at the same time,” Mr. Barlow said. “Furthermore, they have validated their market and I believe the company is poised to grow substantially as both institutional and retail investors discover the compelling merits of this platform.” Mr. Barlow’s investment was consummated following a multi-month due diligence process, and he will join CleanCapital as a board advisor.

Bradley Pattelli, the Founder of Troodon Advisors, is the former Chief Investment Officer of LendingClub. Prior to joining LendingClub, Pattelli was a partner at Angelo, Gordon & Co., a $26 billion alternative investments advisor, where he managed CDO portfolios and multiple non-investment grade portfolios while leading significant growth in assets and delivering solid returns. Pattelli, a Chartered Financial Analyst, holds a Bachelor’s of Science in Electrical and Computer Engineering from the University of Notre Dame and received an MBA from Columbia Business School, where he was most notably trained by Jim Rogers, Chairman of Rogers Holdings. CleanCapital is excited to welcome Mr. Pattelli to the Board of Directors.

“CleanCapital has the potential to profoundly transform clean energy by leveraging its proprietary technology to create a lower cost, more transparent flow of capital between projects and investors,” said Pattelli. “By streamlining the acquisition of high quality, clean energy projects, CleanCapital is able to pass through the benefits to its investors. I look forward to working with this talented team to help make CleanCapital a reliable provider of unique, tax efficient, impact investments to alternative fixed income investors.”

CleanCapital will be making a small portion of its Series A available to individual investors who are interested in clean energy through SeedInvest. For more information, potential investors may visit www.seedinvest.com/cleancapital.

About CleanCapital:

CleanCapital is a financial technology company that makes it easy to invest in clean energy. CleanCapital allows accredited investors—including institutional investors, family offices, and investment funds—to invest in secure and diversified clean energy projects. Investors can monitor investments in real-time using our seamless online platform. We were founded in 2015 and are headquartered in New York, NY. Stay up to date on the evolving market of clean energy finance by signing up on our website, following us on Twitter, liking us on Facebook or connecting via LinkedIn.


Never miss another article! Join Devin here: http://bit.ly/joindevin.

JOBS Act Opens New Window For Small Company IPOs


You can download an audio podcast here or subscribe via iTunes.

With the “dot com crash” in 2000, largely by regulatory design, small company IPOs all but disappeared from the American economic landscape.

A scarcely noticed part or title of the 2012 JOBS Act sought to address that directly by reinvigorating Regulation A, raising the cap from $5 million to $50 million and creating a path for a Reg A offering to be an effective IPO (initial public offering). The new rule is commonly called Reg A+.

In early 2016, Elio Motors went public using Regulation A.

The rules weren’t effective until mid-2015 and the market is just beginning to mature. Rod Turner is the founder and CEO of Manhattan Street Capital, one of the players in this nascent marketplace.

Turner says his firm has 18 clients preparing their Reg A+ offerings. Watch my discussion with Rod at the top of this article.

Rod is passionate about using capital for good, creating opportunities for women entrepreneurs and creating companies that will employ people at scale. He’s also a Forbes contributor who has written about these topics.

Rod says, “Mid-sized companies have very limited access to growth capital. Regulation A+ provides an excellent solution in that our companies can raise up to $50 mill per year from investors of any income level worldwide, and the shares can be publicly tradeable, making them more appealing to the investor and providing liquidity to the company founders.”

Allowing ordinary investors to participate in offerings of small companies, gives them the opportunity to participate in their growth. Back in the 1980s, Microsoft went public as a relatively small business and ordinary investors were able to participate in the growth of the company exceeding two orders of magnitude. On the other hand, Facebook didn’t go public or allow ordinary investors to participate until the company had reached a valuation of $100 billion–only wealthy investors participated in the creation of value.

The new marketplace is exciting. Watch the interview with Rod to learn how your organization can take advantage of Reg A+.

Rod Turner, courtesy of Manhattan Street Capital

Rod Turner, courtesy of Manhattan Street Capital

More about Manhattan Street Capital:

Twitter: @Manhattanstcap

Funding platform for mature startups and mid stage companies. using Regulation A+. We take companies through the whole Reg A+ offering process to achieve a successful Reg A+ offering. Our website technology integrates the necessary services so companies can make their offering work efficiently on Manhattan Street Capital.

We provide some services directly, others we provide by introducing our companies to specialized service providers: Specialized CrowdFunding Marketing agencies, Legal, Broker/Dealer, Investment Banks, Underwriters, Broker Dealer Syndicates, Market Makers, escrow, transfer agent and auditors.

Rod’s bio:

Twitter: @iamrodturner

High energy strategic thinker. Excellent leader. Engineer with skills in all areas. Experienced M&A expert. Crowdfunding expert.

M&A experience: At Symantec I led the takeovers of their first acquisition (TimeLine), and their most strategic acquisition, Norton. I drove the merger processes to ensure success and upside. The implementation of the Norton merger has been called “the best ever in Tech.” I also lead the successful acquisition of PCAnywhere and an AV technology company into the Norton Group. Mobile Automation was acquired by iPAS and Our Neighborhood Energy was acquired by CBD Energy Australia. Two informative experiences of being acquired.

Founder, CEO Manhattan Street Capital and FundAthena April 2015 – now

RegA+ growth capital marketplace for mid-sized companies. Adapting IPO business model to the Internet, using new SEC RegA+.

Advisor to startups and CEOs of large companies, 2004 to current. Chairman & cofounder CirrusLS SaaS, bank lending. Strategic Advisor AssistMyCase (SaaS Legal research). NetQuarry, a .NET app dev platform. Our Neighborhood Energy, electricity retailer in Australia. Workshops for Warriors, non-profit trains Veterans in advanced workshop skills free of charge. Numerous other startups.

Founder, Chairman and CEO, START.ac: April 2011 – June 2013. Built business CrowdFunding marketplace with Mentors, advisers and unique innovations for scale.

Chairman, Artslant. Sept 2008 – current: CEO 2008 through 2010. Grew revenues 12.5%/month compound, and site page views by 700%.

Managing Partner, Irvine Ventures 1999-2003: Founded Irvine Ventures with Safi Qureshey, investing in tech startup companies, mentoring entrepreneurs. Raised $32million in angel and venture capital for, and built six startups.

Chairman & Founder, Mobile Automation 1996-2004. LAN & Internet software configuration, MSP and Enterprise IT market. Angel financing (Peter Norton), VC from Greylock (Dave Strohm). Sold the company to iPass (IPAS on NASDAQ) in 11/04.

President & CEO, Knowledge Adventure 1993-94. Grew revenues from $240k/month to $1.5m/month. Raised $12 million venture capital from Mayfield (Mike Levinthal).

Symantec 1985-1993. At startup, Executive VP for worldwide marketing, sales & product management. Promoted to division General Manager with P&L 5/87. Raised three rounds of venture capital, lead investor Kleiner Perkins Caufield and Byers (John Doerr). In 1987 as GM, I ran the merger and accelerated the first company acquired by Symantec-Breakthrough Inc, TimeLine project management, and the Q&A database line. Trebled product group revenue in three years while generating 100% of Symantec’s profit. Grew Symantec revenues from zero to $250mil/year. IPO 1989.

In 1990 Symantec acquired Peter Norton Computing (maker of the Norton Utilities), and I was GM for the merger and the business. Introduced the Norton Antivirus in ‘91, the main profit generator for Symantec. In three years we grew Norton revenues from $20/mill/year to $200mill/year, taking the Norton group from 25% of Symantec’s revenue to 82%.

Acquired two companies into the Norton Group.

Chairman, Cofounder 1984-1990: Microport Software Inc. Startup ported UNIX System V to the 286.

Ashton Tate/dBASE 1981-1984: Startup microcomputer database software company, 12th employee. VP of US marketing and sales; GM of the International division. Grew sales from $2m to $150m/yr, IPO in ‘83. Made dBASE the market leading database on the PC by 1983.

Aston Univeristy 1975-1979: First Class Honors, Bachelor of Science in Energy Technology (Electrical & Mechanical Engineering) from Aston University, England. Stanford: Graduated Executive Institute 1983.

Interests: Married, with two sons. Boating. Racing cars. Public speaking. Altruism. Leadership. Innovation Born on a farm in the UK, moved to Silicon Valley to get into VC funded startups. My accent is gradually migrating across the Atlantic Ocean.

Never miss another interview! Join Devin here!

Devin is a journalist, author and corporate social responsibility speaker who calls himself a champion of social good. With a goal to help solve some of the world’s biggest problems by 2045, he focuses on telling the stories of those who are leading the way! Learn more at DevinThorpe.com!

 

1 2 3 7
Never miss another interview! Join Devin here!
Subscribe to news from GoodCrowd.info.
* = required field
Content I want:



Find Us on

amazon facebook_32 gplus_32 linkedin_32 pinterest_32 tumblr_32 twitter_32 website_32 youtube_32 email_32 rss_32