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

With a multi asset online crowdfunding platform, VentureCrowd has raised $1.45 million to open their services to more customers and

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.

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

Suggested articles

When Is the Right Time to Take Out a Business Loan?Go to article >>

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.

Got a news tip? Let Us Know