Every startup encounters a problem that might take them days, months, or even years to sort out, i.e. finding the investors to fund their business. Companies can have a hard time getting their idea across to investors and convince them to see the potential behind their plan. New companies often tend to think that collaborating with an accelerator or incubator is the only way to secure funds from venture capitalists. However, this blog would help clear many such misconceptions as it has compiled a list of 5 best online fundraising platforms to help you secure investment for your project. So go ahead and give it a good read.
1. Investor Hunt
Investor Hunt is probably the best startup investment platform that has helped hundreds of projects see the light of the day. Through this platform, you can gain access to more than 40,000 seed investors, who are always on the lookout for promising startups that can help them get significant returns on their investment.
With Investor Hunt, you can choose from three different plans. The basic plan would cost you $69 a month and comes with the past investment details of investors, social media links, and gives you the option to carry out unlimited searches. The pro plan would require you to shell out $149 every month. It incorporates all the benefits from the basic package along with exporting options. You will also be provided with direct email addresses of the investors. The premium plan, which costs $299 a month, would provide you with the phone numbers and office addresses of investors so that you can get in touch with them directly.
2. AngelList
AngelList is another online platform that can help you deal with your fundraising owes. As a startup company, you would naturally be on the lookout for dedicated and sincere employees, who seek to be part of the startup ecosystem and help you propel your business in the right direction. AngelList can help you post ads for job vacancies in your company.
Also, you can create your network of stakeholders on this platform by inviting people through emails or by connecting your social media accounts to your AngelList account. Doing so can significantly boost your chances of securing investments for your business. Thus, from helping people find jobs in the startup space through its job board to allowing entrepreneurs to build their network on the site, AngelList does it all.
AngelList also allows you to look for investors who might be interested in your business idea by using the search tool on this platform. And guess what? Creating an account on AngelList is absolutely free of cost, so there is nothing you can lose if you choose to place your bet on this site.
3. Republic
If you’re having trouble finding investment for your project, you can try Republic, which is undoubtedly one of the best online fundraising platforms. One of the best things about the Republic is that it is an excellent platform for crowdfunding. Thus, you won’t have to go about chasing investors to fund your startup. People can invest in your business for as little as $10.
Republic will provide you with excellent tools to create a campaign page that accepts all kinds of payments, including wires and ACH. However, if your campaign is a success, you will have to pay them $3,000. But I guess that is an amount that you will be willing to shell out for securing funds for your startup. Also, your company must be based in the US to raise funds via this platform.
4. Startup Paisa
Startup Paisa is another excellent online platform for raising investments. All that you have to do is register your business on this platform and give some time before investors start seeing the potential behind your idea. It comes with four different packages called the basic, silver, gold, and agent pack, costing $70, $200, $500, and $1,500 respectively.
While the basic and silver packages would provide you with complete documentation, the gold package would deliver these services with market & business evaluation reports along with newsletter mention. By availing the agent pack, you can get all the services provided under the other three packages. Also, you can list up to 5 startups on the platform.
5. GlassDollar
GlassDollar prides itself in finding investors that match the requirements of the startups. Once you’ve logged into their platform, you will only be provided with investors’ list that matches your requirements. This will save you both time and energy. Also, you have the option to choose which investors you want to pitch your idea to. What’s more, this platform is absolutely free to use.
Final Thoughts
Hopefully, these online fundraising platforms will provide you with more clarity on how to go about arranging funds for your project. Finding venture capitalists and seed investors is challenging, but knowing where to look for them is the first step. Analyze all the options that you have at your disposal and then go for platforms that you haven’t tested so far. In the meantime, you can work on your pitch. Ultimately, it all boils down to how robust your strategy is and how promising your business idea is. Investments will follow if you have these two bases covered.