A site that connects startups and early stage
investors, AngelList, is
rolling out a long-anticipated equity crowdfunding service to its users this
week, according to Chief Executive Naval Ravikant.
Dubbed AngelList
Invest, the service has been available to a handful of
companies, by invitation only, since December 2012. Eighteen startups,
including Transcriptic, Double
Robotics and Tred, raised
$6.7 million in funding commitments from 620 investors, via AngelList during
that test period.
The service is now
available to any qualifying startup or “top-tier” accredited angel investor
using the site.
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