U Posted by Laura Moller
\ January 17, 2014

It’s a good day, friends.

Today we’re announcing that we’ve added Launchrock.com to the Fundable family. LaunchRock is well known for helping idea stage startups build followings in preparation for launching their new business.

At Fundable, we started as customers ourselves when we launched Fundable in 2012 and grew to love the platform. By combining our companies, we have created the largest business crowdfunding platform. Here are the top-level numbers:

:: 10 million registered users (entrepreneurs and backer/investors)
:: 500,000 registered startup companies
:: 15,000 new company launches per month
:: 42 New Investors

Fundable has helped businesses crowdfund over $86 million in commitments. With LaunchRock, we can take this even further. Launchrock startups build an incredible amount of excitement about their new ideas, which lends itself beautifully to launching a funding campaign to support those great ideas. The 10 million registered users who have backed and followed startups will now have access to a whole new population of Fundable companies (like you!) who they can not only follow, but back and invest in as well.

What happens next?

We’re thrilled to be working closely with Launchrock Founder Jameson Detweiler. He is a true champion of entrepreneurship. We’ll begin to introduce features that make launching, building an audience, and funding your company a seamless process.

We’re dedicated to getting more startups launched and funded. Thanks for being a member of our community- great things to come!

- Wil Schroter
Founder + CEO / Fundable

P.S. Here are the bullet points behind the deal:

  • Fundable.com has acquired Launchrock.com

  • Combined companies will have:

    :: 10 million registered users
    :: 500,000 registered startups
    :: 15,000 new startups per month
    :: 2 million visitors per month
    :: 42 venture capital and angel investors join Fundable including 500 Startups, Trinity Ventures, and Quotidian Ventures

  • Fundable has raised $87 million in crowdfunding commitments to businesses

  • Fundable’s average raise amount is 12X greater than Kickstarter ($175.000 Fundable vs $15,035 Kickstarter)
  • COMMENTS
    Romel on October 20, 2014

    Pretty component of cneontt. I just stumbled upon your site and in accession capital to say that I acquire actually enjoyed account your weblog posts. Any way I'll be subscribing on your feeds and even I fulfillment you get entry to constantly quickly.

    Eric Corl on March 27, 2014

    Hi Darrell - Building an audience before starting a crowdfunding campaign is a critical element of success. Utilizing the LaunchRock platform will help you build a list of followers who you can get involved with your project early on and rally during your crowdfunding campaign.

    Darrell Peebles on March 19, 2014

    How will/can Launchrock help me launch my startup?

    Dharmendra on March 13, 2014

    Its a great news!

    Roger Hebard on March 13, 2014

    We have 20% ROE in our real estate ventures. These range from $120,000 to $300,000 each. Can you help us design a way to raise this money.
    Thanks
    roger

    naveen gulati on March 13, 2014

    Hi I am new to fundable family,i am very excited to join.
    Thanks....


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