MicroVentures is an Equity Crowdfunding platform raised more than 70 millions on behalf of more than 100 companies, MicroVentures focus on High-Tech Startups
◙ MICRO VENTURES REVIEW SUMMARY
√ Equity CrowdFunding, registered Broker/Dealer member of FINRA and SIPC
√ Accredited and non-accredited investors can invest in startups, starting as low as $3,000
√ MicroVentures has created the “500 Startups Fund” for all accredited investors for as little as $10,000
√ 10% Fee, 5% from the company and 5% from investors (All-or-Nothing campaigns)
√ $100 to submit a project and $250 for due diligence
√ Due diligence for every Startup (Acceptance Ratio 1%)
√ The average startup listed on MicroVentures raises $150,000-$250,000 (Additional funding rounds if requested)
◙ SUPPORTED PROJECTS
MicroVentures offers investors a gateway to investment opportunities in pre-vetted early stage startups and also private secondary market equities.
MicroVentures supports mainly startups in business areas such as:
- Internet Technology
- Online Social Services
- Software
- Mobile Technology
- Media & Entertainment
- Gaming
- Green Technology
MicroVentures may support other industries too as long as a startup meets the following criteria:
(1) Unique ideas that can work
(2) Solid team with proven experience in their industry
(3) Market traction, which means Alpha or Beta customers, partners, existing revenue and other metrics
(4) As concerns raising capital, the sweet spot for MicroVentures are startups need to raise $150K and up to 1 million USD in capital
◙ WHO IS MICRO VENTURES
MicroVentures is a US registered Broker/Dealer and member of FINRA and SIPC. MicroVentures operates as a Venture Capital firm and has raised more than 70 million USD for more than 100 startups. In 2011, MicroVentures raised $500,000 to invest in Facebook
MicroVentures was found in 2009 by Bill Clark and it is based in Austin, US.
◙ MICRO VENTURES COST OF SERVICES
- MicroVentures receives 10% fee from each successful fundraise (5% from the company and 5% from investors)
- If the full amount is not raised, then investor's money is returned (All-or-Nothing)
- $100 to submit a project
- $250 for due diligence
◙ INVESTING IN STARTUPS
MicroVentures evaluates startups as a Venture Capital firm:
-Evaluation of the startup's corporate risk
-Likelihood and potential for long-term profitability
-Willingness of the startup's owners in trading equity for capital
MicroVentures Process for Listing Startups:
(1) A startup applies for Listing
Information needed include the startup’s business, main products / services, team’s CV and financial data.
(2) Institutional Level Due Diligence
MicroVentures examines legal and other aspects before listing a startup in its platform. This step includes criminal background check on the startup’s founders, analysis of the startup’s financial statements and more analysis.
(3) Negotiate on the Behalf of the Investors
MicroVentures will negotiate with the owners of the startup in order to achieve a fair price / value. If the startup’s owners aren’t able to compromise on a fair valuation, then this startup may not get listed.
Note: According to SEC regulations, investors must hold their equity stakes for at least 1 year
◙ PROJECT TIME LIMITS
- MicroVentures team need about 1.5 month to evaluate any application and to approve the actual funding date
- After the end of the fundraising process, startups receive funds within 2 weeks
◙ OTHER FEATURES BY MICRO VENTURES
- Due Diligence (Every listed startup has been through multiple rounds of due diligence and professional analysis by the MicroVentures financial team)
- Escrow Accounts (Once an investment is made, funds are held in a dedicated bank escrow account until the deal is closed)
◙ CONTACT MICRO VENTURES
MicroVenture Marketplace Inc., 2905 San Gabriel Street, Suite 212, Austin TX 787, US
MicroVentures General Info: +1 (800) 283-9903
MicroVentures eMail Info: This email address is being protected from spambots. You need JavaScript enabled to view it.
MicroVentures WebSite: www.MICROVENTURES.com
◙ MicroVentures Review
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