CFB News Wire, 500 Startups, the most active venture capital fund and accelerator in the world, whereby SeedInvest will power a white label investment platform for the prominent accelerator’s funds and portfolio companies.
In short, 500 will be able to generally solicit their funds as well as easily allow investments from their LPs into their funds and portfolio companies on their own branded platform. SeedInvest has built an investor verification system and state-of-the-art white label solution which enables venture capital funds to easily manage their own fundraising activity and investor bases.
“500 Startups is already widely recognized by the entrepreneur and investor community as one of the most innovative VC funds in the world. Making this change in our fundraising process allows us to reach a much broader audience of investors than ever before” said Dave McClure, founding partner of 500 Startups. “We are excited to be working with SeedInvest to streamline our fundraising process and help verify our investors’ accreditation status.”
“500 Startups exemplifies the type of customer we want to work with” said Ryan Feit, CEO and CoFounder of SeedInvest. “This is a strong example of our continued devotion to developing deep relationships with leading venture funds, angel groups, and accelerators.”
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