The Toronto-based platform, which allows people to invest in startups, listed its own campaign Wednesday as it aims to raise between $2.5 million and $5 million. (The Logic)
The Toronto-based platform, which allows people to invest in startups, listed its own campaign Wednesday as it aims to raise between $2.5 million and $5 million. (The Logic)
The Toronto-based platform, which allows people to invest in startups, listed its own campaign Wednesday as it aims to raise between $2.5 million and $5 million. (The Logic)
Talking point: Founded in 2015, FrontFundr said startups listing on its platform have raised more than $140 million across over 100 campaigns. While global venture capital activity has slowed recently, FrontFundr said it broke several company records over the summer, including nearly doubling its quarterly revenue and the same amount of successful closes in August as the entire previous record quarter. FrontFundr’s own campaign, which remains open until Nov. 4, surpassed the $1-million mark midday Wednesday. Its goal is to process $200 million annually in three years, and it plans to hire more staff, increase marketing and improve its platform. It said “an acquisition is the most likely exit strategy.”
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