
Equity Crowdfunding Merger Creates One-Stop Shop for Investors Seeking Startups
NEW YORK, July 16, 2014 /PRNewswire/ -- Investors seeking early stage startups have a new, one-stop shop online to simplify their search and due diligence process. RockThePost, an online investing platform connecting startups with accredited investors, and CoFoundersLab, an online and in-person matchmaking network that scientifically builds startup teams, have merged to create Onevest, a leading equity crowdfunding platform.
From early stage venture capital firms to family offices, high-net-worth individuals and non-accredited individuals, investors will find Onevest the perfect place to get a first look at the world's most dynamic startups. Onevest has a diversified network of over 35,000 startup founders and over 15,000 investors. Onevest's partner network, ranging from Techstars and Founder Institute to leading universities such as Harvard, Cornell and the University of Michigan, will continue to expand the investor base and deal flow.
The upcoming implementation of Title III of the JOBS Act means over 250 million American investors will have access to equity crowdfunding platforms, as opposed to the 8 million using them today. As the investor pool grows, Onevest will make it easier to connect with qualified startups.
RockThePost was founded in 2010 by Alejandro Cremades and Tanya Prive, who will be CEO and COO of Onevest; Drew Butler will be CTO. TIME named RockThePost one of the world's best crowdfunding platforms, Forbes dubbed it a top digital tool for entrepreneurs and Business Insider spotlighted it as a hot startup.
CoFoundersLab's team-building platform uses proprietary tools to match entrepreneurs with core founding team members with complementary skills and compatible goals and values. The site makes over 5,000 introductions monthly and has over 35,000 founder members worldwide, with a strong presence in over 35 U.S. markets. CoFoundersLab was founded in 2011 by CEO Shahab Kaviani who will be Onevest's CMO. Erick Brimen, CoFoundersLab's COO & VP of Finance serve as Onevest's CFO.
Onevest captures companies at the formation stage, capturing the best deal flow before the transactional stage, and reduces investment risks arising from founder issues, since members are scientifically matched to create startup teams. "Knowing the teams intimately will be a key driver for investor confidence, setting Onevest apart from other platforms," Cremades stated.
Onevest will have offices in New York, Washington, D.C., and San Francisco.
Onevest's combined value was not disclosed. Investors from RockThePost and CoFoundersLab will join Onevest as shareholders. This includes investor affiliations from SOL Ventures, Militello Capital, Fortify Ventures, Maryland Venture Fund, Talent Equity Ventures, and members of Robin Hood Ventures and Mid-Atlantic Angel Group. Onevest has raised $3.3 million to date.
About Onevest
Onevest is a leading startup investing platform connecting early stage startups with accredited investors and giving investors a first look at the best, most qualified startups. Onevest also matches entrepreneurs with core founding team members possessing complementary skills and shared goals and values, scientifically creating balanced teams.
Media Contact:
Alejandro Cremades
Onevest | CEO
110 28th Street
New York, NY 10016
(646) 560-3221
[email protected]
SOURCE Onevest
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