June 06, 2023
A Game-Changing Platform: Investing in Startups Made as Easy as Sending a Venmo Payment
FG Ventures is thrilled to announce the launch of an innovative product designed to revolutionize how startups raise funds. This user-friendly platform provides a seamless investment experience, making it as simple as sending a Venmo payment. In addition, founders can invite investors to invest directly on their cap table or through a founder-led SPV that Capitalize provides.
Empowering Startups: Fueling Innovation within the FG Ventures Ecosystem
“Our mission is to democratize investing, granting access to capital and empowering startups within the FG Ventures ecosystem, including FG Labs and Digital Ignition.” – Derek Distenfield, Founding Partner & Managing Director of FG Ventures
Investing Made Effortless
The platform simplifies the investment process, ensuring that anyone can participate in funding promising startups. By visiting the platform, investors can explore various companies, their profiles, and their visions. Each company’s information, including financial details and achievements, is easily accessible. With just a click, investors can dive deep into the details and learn about the current investment opportunities all in one place.
Flexibility in Investment Amounts
Investors can decide how much they want to invest in a particular company, allowing individuals to invest as little as $500, making it accessible to a wide range of investors. By selecting the desired investment amount and following a simple process, investors can choose to support a single company or even multiple companies simultaneously.
A Simple and Secure Investment Process
We require investors to complete a questionnaire confirming their status as accredited investors to ensure security and compliance. Investors can then see the terms and conditions for their consideration. You can complete the investment process through Google Pay or your bank account in just a few clicks. For investments below $25,000, an SPV (Special Purpose Vehicle) structure is employed, while investments exceeding $25,000 are directly added to the company’s cap table, granting investors true ownership.
Empowering Founders
Founders associated with FG Labs have full control over their fundraising efforts. They can easily share the investment link with their angel investors, making raising funds and conducting rounds convenient. In addition, it is a powerful tool for founders to engage with their network and leverage the platform’s simplicity and accessibility to attract potential investors.
Unlocking New Possibilities: The Unique Advantages of Our Platform
It is the only mobile-first app that helps founders manage their entire raise. Unlike some competitors who only offer SPVs or direct on-the-cap table investments, we let you choose the best option on a case-by-case basis.
Democratizing Investment Opportunities
One of the key goals is to democratize investing and offer access to capital to a broader community. By breaking down barriers, we open doors to a wider pool of investors, creating an ecosystem where startups can thrive instead of jumping through hoops. This innovative platform allows individuals and institutions to contribute to the growth and success of promising startups, fueling entrepreneurship and fostering collaborative growth.
Join the Journey: Supporting the Promising Startups of Tomorrow Has Never Been Easier
We are thrilled to launch this crowdfunding avenue as an exciting leap forward in the world of startup investment. By simplifying the investment process, democratizing access to capital, and empowering founders, we are catalyzing innovation and growth within the FG Ventures ecosystem.
Accredited investors can learn more about investing in our spring cohort here. For more information on the companies, you can email Derek.
