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Fundr

Investing for the rest of us
Austin

About Fundr

Fundr combines the power of AI and portfolio diversification to help investors maximize their ROI. It uses AI to vet startups and remove bias from the investing process so the best companies get funded. Using a proprietary algorithm, it evaluates companies on 90 pieces of data, streamlines the deal close, and helps investors track and build a strong relationship with their portfolio companies. Fundr recently completed its pilot, has had triple-digit growth in the last few months, doubled its revenue this month, and has a number of exciting partnerships and scaling opportunities in the pipeline. Fundr has been featured in TechCrunch, Yahoo Finance, on the Forbes Next 1000 list, and more.

Team

Problem statement

Seed investing hasn’t had real innovation in decades. Investors and startups are navigating long investing timelines and bad outcomes. On average it takes 3-6 months to close a deal and 3 years to build a diversified portfolio. Still, investors have a 90% portfolio failure rate. Many investors cobble together a mix of forms, emails, and cloud storage to assist in a largely manual process. Bias, lack of access, and a shift to later-stage funding has kept world-changing ideas from getting funded.

Traction information

- raised $225K for pilot portfolio, those 15 companies have gone on to raise $2M
- Brought in $22K in revenue, which doubled in August
- Had triple-digit growth in the last 3 months
- predicted the winner of the international pitch competition

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