FundersClub is a new website and company which describes themselves as a new type of venture capital platform that gives accredited investors a place to find new upcoming start ups to invest in.
How Does It Work?
According to their website, FundersClub.com vets all the startup companies that are vying through capital on their digital marketplace, saying that fewer than 3% of companies which are reviewed are selected for investment opportunities.
Members can browse the investment opportunities, view summaries of the company, and learn about the opportunities that most interest them through their detailed profiles and pitch videos from their founders. Whenever individuals are ready to invest, they can make all arrangements, including signing all legal documents, online.
Actually becoming a member of the FundersClub is free, however it is important to note that being a member of FundersClub.com requires a minimum income or net wealth. The website describes their minimum investment sizes as being around $2,500 to $5,000 typically, which allows members an easier way to build a diversified portfolio.
FundersClub.com does not have a Refund Policy. In fact, they make a point of letting their potential investors know that investing in startups carries a high degree of risk, and "a loss of an investor’s entire investment is possible and no profit may be realized. Investors are responsible for conducting their own due diligence."
Customer Service Contact Info
Customers who would like to speak to their Customer Service team about their questions, concerns, or complaints can do so by phone at 888-405-9335, by email at [email protected], or by submitting them directly to their website.
FundersClub.com seems to get positive reviews from independent reviewers who have looked at their platform and offerings and have evaluated it to be a good opportunity for people who are looking for more affordable investment opportunities.
Competitors and Alternatives?
Websites that offer people an opportunity to help out startup businesses for affordable investments are actually becoming very popular, including companies like WeFunder and Kickstarter.
If you have experience with this company or their products, please leave your FundersClub reviews below.
1 ‘FundersClub’ Review
I am extremely disappointed with fundersclub. I invested in several startup funds, both have a very low return and are totally illiquid.
The bitcoin fund I invested in performed unbelievable terrible, and most of the startups they picked have a very low quality. I only want to sell all my investments and manage it myself, it seems the only investors that profit from fundersclub are the founders...