Launch Angels Closes First Equity Crowdfunding Fund

Crowdfund Insider | By | Jan 6, 2013

Launch Angels - Launch Angels Closes First Equity Crowdfunding Fund

Investment platform Launch Angels has closed their first venture fund, Where Angels Fund (WAF), which raised approximately $1 Million.  WAF will invest in early stage companies with an emphasis on mobile and consumer internet companies. As WAF closes, Launch Angels is presently securing commitments on its second and third funds, the Early Traction Fund and its Women-Led Fund. All funds are open to any accredited investor. Investments will be augmented by Launch Angels’ equity crowdfunding opportunities.

michael collins1 - Launch Angels Closes First Equity Crowdfunding Fund“The Where Angels Fund empowers smart people looking for smart investments,” said Michael Collins, Co-founder and Lead Manager of Launch Angels. “Launch Angels is a forward-looking investment vehicle for accredited investors interested in venture deals. We make the whole process easier and more secure by scouting and vetting deals, doing paperwork, and tracking portfolios.”

Toronto Event (Jan 15, 2013):  Crowdfunding - An Evolution in the Canadian Capital Markets

The WAF is the crystallization of interest in early-stage investing among some current and former Where, Inc., employees. Sarah Hodkinson, Director of Marketing & Sales Strategy, PayPal Media Network, is one WAF participant.

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Rise of Angels and Crowdsourcing

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