Stockr Wins Startup Competition, Crowned Most Exciting Company INVENT-owned start-up, Stockr, beat out 97 other companies at Vator's Splash LA Competition
SANTA MONICA, Calif., June 6, 2013 /PRNewswire/ -- Stockr, Inc. ("Stockr"), a portfolio company of technology venture fund INVENT Ventures (OTCQB: IDEA), garnered another accolade on May 30 when it was voted the winner of the Vator Splash LA startup competition. Splash is a startup competition where the most promising startups in Los Angeles present to an audience of over 300 leading entrepreneurs, innovators, venture capitalists and angel investors across the technology industry.
"We're thrilled that the judges and participants at Splash share our vision and excitement for the future of Stockr," said Stockr CEO, Vinny Jindal. "With the recent SEC social media ruling and an increasing number of corporate customers choosing Stockr as a powerful and efficient investor relations solution, Stockr continues to gain momentum and solidify its position as a leader at the forefront of a revolution in how companies communicate with their investors."
Since raising $1.5 million and launching publicly in September 2012, Stockr has doubled its active users every quarter, and facilitated discussion and analysis among the spectrum of investors, from seasoned research and sell-side analysts to university investment club students. In the wake of the recent SEC ruling in favor of financial disclosure through social media, an increasing number of public companies ranging in size from small caps to Fortune 100s have begun using Stockr as their social disclosure outlet.
Stockr is changing the way companies interact with their investors and the investment community, and doing it in real-time on a beautifully designed platform. For more information about Stockr, visit www.stockr.com.
About INVENT Ventures, Inc.
INVENT Ventures, Inc. (IDEA) is a publicly traded venture fund that builds and invests in transformative technology businesses. INVENT pursues ventures in the consumer Internet, mobile and biotechnology markets, and has built six companies at various stages of development. INVENT is headquartered in Santa Monica, California in the dynamic Silicon Beach area. For more information on INVENT, visit www.invent.vc.
SOURCE INVENT Ventures, Inc.; Stockr, Inc.