U Posted by Laura Moller
\ January 17, 2014

Hardware Company to Review and Certify Crowdfunded Products on Fundable Platform

Fundable, the largest business crowdfunding platform, today announced a partnership with Dragon Innovation, the world’s top hardware authority. For hardware companies utilizing the Fundable platform, Dragon Innovation will now review and certify the products via the Dragon Certified program. This process shows potential backers and investors that a team has done their due diligence and provides confidence that the product can be made and has a clear path to manufacture.

With the recent increase in backer dissatisfaction caused by crowdfunding companies failing to deliver on their promised rewards, Fundable and Dragon Innovation seek to create an added level of support for both hardware entrepreneurs and their crowdfunding backers. According to Fundable CEO Wil Schroter,
“Fundable is excited to add a new level of credibility to businesses launching rewards-based crowdfunding campaigns. Dragon Innovation has unmatched manufacturing and production experience and shares our mission of empowering entrepreneurs”.

With proof that the rigorous process and expertise that Dragon offers hardware teams produces phenomenal results on their own platform, the team at Dragon realized that this expertise could benefit all hardware companies while at the same time solve for some industry-wide problems. “We are uniquely qualified to guide the new breed of startups through the entire process of building a hardware company and we’re psyched to offer that capability to teams launching products and companies on other platforms,” said Dragon Innovation’s Co-Founder and CEO, Scott Miller. “We’re thrilled to work with a market leader like Fundable to begin to introduce Dragon Certified to the world.”

To become Dragon Certified, hardware companies work with Dragon prior to launching their campaigns to go through a proprietary process that includes:

● Detailed Design for Manufacturing and Assembly Review.
● COGS Analysis
● Manufacturing Strategy Creation
● Funding Threshold and volume calculation

Dragon Certified projects can display a badge that signals trust, safety, and preparation as they enter the market.

About Fundable:

Fundable.com is the largest business crowdfunding platform with over $100 million in commitments and exclusively dedicated to helping businesses. Different from any other crowdfunding platform, Fundable offers both rewards and equity business crowdfunding options. Founded by veteran entrepreneurs who have raised countless venture capital and angel investment rounds of financing, Fundable seeks to empower startups by providing access to early stage growth capital.

About Dragon Innovation:

Dragon Innovation works with entrepreneurs [TN2] to launch hardware products and scale companies. Founded by a team of hardware experts, Dragon provides a clear path from prototype through production with unmatched manufacturing expertise, trusted connections and a funding platform, all optimized for hardware. Dragon’s client roster includes Coin, MakerBot, LIFX, Scout, Romotive, Sifteo, Orbotix and over 100 more companies paving the road for how new technology gets made. For additional information: www.DragonInnovation.com

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Fundable is a software as a service crowdfunding platform. Fundable is not a registered broker-dealer and does not offer investment advice or advise on the raising of capital through securities offerings. Fundable does not recommend or otherwise suggest that any investor make an investment in a particular company, or that any company offer securities to a particular investor. Fundable takes no part in the negotiation or execution of transactions for the purchase or sale of securities, and at no time has possession of funds or securities. No securities transactions are executed or negotiated on or through the Fundable platform. Fundable receives no compensation in connection with the purchase or sale of securities.