Connecting Healthcare Startups with Equity Crowdfunding via The Institute’s Expansive network
Press Release – San Francisco, CA – February 6, 2018: RedCrow Inc., an equity crowdfunding platform with a unique focus on well-curated opportunities within the healthcare industry, has announced a partnership with The Innovation Institute Inc., one of the foremost incubators for growing healthcare startups. For their part, The Innovation Institute will promote qualified companies within the sector for RedCrow consideration. The partnership will give start;ups exposure to crowdsourcing and equity crowdfunding with direct access to RedCrow’s professional pool of investors.
Co-founded by financier and consultant turned;entrepreneur Brian Smith and Talking Heads rockstar/techvestor Jerry Harrison in November 2016, RedCrow’s mission is to help privately held, early stage startups connect with backers to expand their business.
According to Brian Smith, RedCrow CEO, RedCrow will create a customized social platform for The Innovation Institute’s 200,000 members, giving users the opportunity to join RedCrow’s social discussion, share ongoing campaigns, and discuss investment opportunities with other professionals in the field. Exercising a higher level of due diligence than competitors, RedCrow allows the public to invest alongside prominent industry experts who serve as RedCrow advisors and strategic investment partners.
“Our mantra is knowledge is power — invest in what you know. Our niche in healthcare is focused on bringing knowledgeable investors to make educated investments in companies within their vertical. The Innovation Institute’s 200k plus members are just that: knowledgeable healthcare professionals and ‘Doctorpreneurs’ who can advise earlystage companies.” — Brian Smith, CEO RedCrow
“The relationship with RedCrow fits nicely with the strategic purpose of our business model to advance innovation. RedCrow will allow us to help new start-up ventures get needed capital to stand up and grow their companies and bring new products and services to market. This crowdfunding platform fits well with our new LRVHealth Fund which will focus on early stage ventures. There are definite synergies between the two organizations and together they will meet a need in the market and provide additional capability to advance innovation.” — Joe Randolph, President and CEO, The Innovation Institute
“Since our launch, we have already interacted with nearly a dozen earlystage companies that have been created by extremely talented medical professionals across our 125 member system hospitals. Our partnership with RedCrow will provide these companies with the post-seed funding needed to get to the next level, as well as provide individuals in the healthcare ecosystem an exciting opportunity to invest in their peers.” — Larry Stofko, Executive Vice President of The Innovation Lab Inc.
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