Crush Capital, which helps retail investors support IPOs, has collected $3.25m in its seed round to support its growth in the US.
The oversubscribed round was supported by over 30 angel investors, including Backstage Capital managing partner Arlan Hamilton, Tory Burch co-founder Chris Burch and Acorns co-founder and chairman Walter Cruttenden.
Crush Capital claims to be the only company in the US to have signed a distribution deal for an original series that allows viewers to invest in IPOs.
Funds will be used to support development, and increase operations and marketing.
Crush Capital co-CEO Darren Marble said, “There has never been a better time for a series like ‘Going Public. Retail investors deserve an opportunity to gain ownership in the companies whose growth they are largely responsible for, and we intend to deliver this change through ‘Going Public’.”
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