By 2025, the global crowdfunding market could reach $96 billion – 1.8 times the size of today’s global venture capital industry, according to the World Bank.
Responding to the rapid transformation in the early-stage financing industry, Atlanta-based Elite Crowdfund founders Derek Cunningham and Darren Miller recently launched an online equity-based crowdfunding platform. The streamlined process connects accredited investors with highly vetted investment opportunities. In return, these startups receive access to capital and support resources.
The September launch party drew more than 120 Atlanta investors to hear pitches from four emerging startups including SkyMedicus, which connects patients with affordable healthcare providers overseas.