New investment: crowdfunding platform IndieGoGo

Image representing IndieGoGo as depicted in Cr...

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In the past few years crowdfunding platforms have transformed the way many projects are being financed – instead of just relying on family & friends to support them and their idea, musicians, film makers, entrepreneurs or simply anybody with a passion or a business idea can seek funding from Internet users on platforms like Indiegogo or Kickstarter. It opens up exciting new opportunities for creativity and entrepreneurship by connecting those with ideas and a passion to others with money and the same passion.

I am therefore very happy to have participated in the seed round of funding for Indiegogo, one of the leading players in this space (alongside my friends over at Metamorphic). Indiegogo’s founders Danae Ringelmann, Slava Rubin, and Eric Schell were the first to really see the crowdfunding opportunity and have built a truly global platform that has helped over 40,000 campaigns raise millions of dollars in more than 200 countries.

It still feels like very early times for the crowdfunding vertical so it will be exciting to watch this industry evolve.

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