Success Story: Bitvore Raises Over $1,000,000 To Scale Sales + Marketing Efforts

Bitvore recently raised over $1,000,000 from 10 investors through Crowdfunder.

Bitvore collects vast amounts of data from the Internet and turns it into clean, organized intelligence that’s ready for use.

We we’re able to catch up with Jeff Currie, CEO of Bitvore, to hear about their success on Crowdfunder. Here’s what he had to say.

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Success Story: Fellow Robots Leverages Crowdfunding to Raise $225,000

We had the chance to speak with James Fahn, Co-Founder & COO of Fellow Robots, on how they were able to leverage crowdfunding for their fundraise to ultimately raise $225,000 from a total of 3 investors. Here’s what James had to say about his experience using Crowdfunder.

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Success Story: Equities.com Raises $350,000

We had the opportunity to speak with Enzo Villani, CEO of Equities.com, about how they were able to raise $350,000 through their equity crowdfunding campaign. Here’s what Enzo had to say about their Crowdfunder campaign.

What is Equities.com?

There are over 10,000 public companies trading on major exchanges today. Self-directed investors have no easy way to interact with CEOs, analysts, Wall Street luminaries, and anyone else that has an investment idea. Our goal is to be the leading financial technology and media company delivering news, content and investment ideas on companies that are under $1B market capitalization across a social investment framework.

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Crowdfunding Success Story: iFunding Closes $2M Round

We had the opportunity to speak with Sohin Shah, COO and Co-Founder of iFunding, about how they were able to raise $2,000,000 through their Crowdfunder crowdfunding campaign. Here’s what Sohin had to say about closing out their crowdfunding campaign on Crowdfunder.

How much were you able to eventually raise on Crowdfunder?

We eventually raised around 40% of our 2,000,000 round directly on Crowdfunder with a significant portion of that coming in the first 48 hours of launching our deal.

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Contribution Campaign Success Story: ShopAddiKt.com

This past month, Bethany Londyn, founder of ShopAddiKt (Portland, OR) successfully completed her first contribution campaign with Crowdfunder. Her company ShopAddiKt exceeded its funding goal of $9,000. These funds will help her work out bugs in the Beta testing site, and start creating a Mobile App to expand the site’s user base.

 Check out ShopAddiKt’s campaign on Crowdfunder

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Top 4 Tips You Can Use for Pitching Investors (Successfully)

Successful Pitch Deck

Today, there are more opportunities for small business funding than have probably ever existed.

It is an exciting time to be starting a business and looking for investors.

From TV’s Shark Tank to equity crowdfunding to traditional fundraising there are different environments for your pitch. But regardless of whom you are pitching or where you are pitching, here are four key tips for a successful crowdfunding pitch.

Timing is Key

For the potential investors, their time is money. Be respectful and be as succinct as possible.

Ideally, keep your entire pitch to 10 minutes.

Keep it short and powerful!

Pack the time you do have with all of the passion, expertise, and enthusiasm that got you into this business in the first place. That being said, be laser focused. Know exactly what your product or service is and why it is the most important moneymaker to come along since sliced bread.

Get to the bottom line quickly.

Investors want to know how much you need, what you need it for, and when they are going to get their money’s worth. For more specifics on questions investors may ask, check out our series: Questions Investors Ask. Remember, don’t worry about answering all of their potential questions in your initial pitch. Focus on engaging them, then they will ask more questions, and you will have the opportunity to go into more details.

Pitch Your Story

Yes, it is true that investors care about the money and their potential return on investment. However, more often than not, they are investing their money in you. It is your passion, your knowledge, your excitement that they are going to connect with. Over and over, when polled, investors repeatedly list the founders as one of the number one reasons they chose to invest.

They want to connect with you. So tell them your story!

This is when you get to let all of the bone-deep drive that has gotten you this far shine through.

Practice! Practice! Practice!

You know your product or service inside and out but distilling it down to the most compelling message and delivery possible is going to take some practice. You want to practice until you feel comfortable with all of the material.

Again, if the investors like what they hear in your presentation, they will ask you more questions. So use the list of items in our blog series “Questions Investors Ask” and practice answering them until you feel confident.

Bring Your Team

Unless you’re at the very early stages of your business, you most likely have a rocking team that helps you make the magic happen. Consider bringing some of your key players along to help with the presentation.

Investors know that it takes a team to make a growing business happen and they like to see and meet the team whenever possible.

Remember that while the pitch is an intense moment in time, raising capital is all about the relationship. Both you and the potential investors are looking at what will hopefully be a multi-year business partnership. Don’t get so caught up in the pitch itself that you forget to research and “get to know” the investors before you pitch. And after the pitch, the relationship development will need to continue.

A truly successful pitch deck is about more than just engaging the investors’ minds, it is about connecting to their hearts.

10 Tips for a Successful Seed Round

You came up with an idea. Started a business. Built an MVP and attracted users to the platform. You now need funds to scale. It’s time for your seed round. The success of your seed round will determine the success of the business. Follow these tips, to make sure you get it right the first time.

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Former NBA Superstar, Yao Ming, Turns Passion For Wine Into Successful Business Venture

Trending Startup: Yao Family Wines

“Every empty bottle is a permanent memory – a night to remember with family and Friends. We are all eating different meals but sharing from the same bottle. That’s why I fell in love with wine. It reminded me of the family-style meals in China.” – Yao Ming, CEO & Former NBA Superstar

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Startup Funding Online: The 5 Success Factors

In this article I’ve highlighted some of the most critical factors that drive successful startup fundraises online.

For a brief refresher, it was just over a year ago (September 2013) that we saw  Title II of the JOBS Act kick off and unleash a powerful new market for startup funding online, also referred to as equity crowdfunding.

This new capital market created under Title II is showing rapid growth, even while the opportunity to invest is currently limited to accredited investors and institutions.

Restrictions keeping everyday people (non-accredited investors) from participating may be lifted at some point under Title III of the JOBS Act, though regulators have stalled to release final rules.

That said, startups and investors are not waiting on Title III. The new startup funding market is off to the races. Technology and automation are rapidly transforming the way investments in startups and small businesses are done – driven primarily by a few leading equity crowdfunding platforms.

Today we are seeing everyday individual investors getting to invest alongside VCs and super-angels online, often in the same deals and at the same terms as some of the worlds most experienced early stage investors.

According to Kay Koplovitz and her article on the impact of the first year of equity crowdfunding, estimates for the startup funding commitments made online were estimated at over $217,000,000 in equity and debt. The sectors leading the way were the technology and real estate sectors.

Within these funding numbers are a variety of potential signals for what leads companies to succeed with raising startup funding online. Here are some of the potential signals and success factors that drive startup funding online.

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PingTank Raises $450,000 Through Crowdfunder

PingTank recently raised $450,000 from 4 investors through Crowdfunder. PingTank is a social media platform that enables users to add 2D/3D overlays to their images. We we’re able to catch up with Lars Halvor Jenson, COO of PingTank, to hear about their success on Crowdfunder. Here’s what he had to say.

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