We set out to build Fundr with a vision for startup investing where every company with a world-changing idea has the opportunity to get funding from investors. We see a future where investors are equipped with the deep data and information they need to create smart, diversified portfolios.
Today, we are excited to announce a huge next step towards that brighter future with the launch of our first portfolio of 15 startups!
We are raising $1.5 million to support our portfolio companies with $100,000 each via convertible notes to prove our thesis that startup investing is ready for real change. With our launch, Fundr is now open to accredited investors to apply and invest in the portfolio.
Our proprietary AI technology helped us select these 15 companies from 450 global startup applications. Every company on the Fundr platform receives a Fundr Score™, which is the result of crunching 90 different data points that startups submit about their market, traction, and team - the details every investor wants to know. Investors benefit from key features like standardized term sheets, automatic money transfers, and productive communications tools that enable relationship-building with investees.
The most exciting thing about this portfolio is that it exemplifies the diversity that investors are looking for, but say they don’t have the time or network to find. So many startups get the opportunity to win funding because they have relationships or networks that enable them to meet investors and pitch their ideas. Founders living outside of tech hubs and founders who are traditionally underrepresented in the tech industry are too often left out.
Fundr set out to change this by democratizing the process and removing subjectivity from investor decision-making. Here are some fast facts about our portfolio companies:
10 different industries are represented in the portfolio, including clean energy, AI, blockchain, and fintech
75 percent of founders are building their businesses outside of tech hubs like Silicon Valley and New York City
56 percent of founders identify as underrepresented people of color
44 percent of founders identify as female
The average Fundr Score™ of the companies in the Fundr portfolio is 85 out of 100
Here are the companies in our portfolio:
At Ease Rentals Corporation connects military personnel and federal employees with housing
CoCaptain is a virtual coaching platform that makes coaching affordable and accessible for all
CoCensus provides real-time qualitative data and reports on economically distressed communities for municipalities, real estate firms, and community stakeholders
ConferenceCast is a premier knowledge platform, aggregating on-demand video content from conferences for professionals looking to upskill themselves
Edifius enables any small business to have an AI-powered customer service department via its voicebot - without adding payroll
Evrmore is the first for-benefit social technology built for judgement-free social and emotional wellness powered by Empathy AI™
FairFare is a direct booking ride hail platform that allows you to choose your ride
Healthy Hip Hop delivers the Sesame Street of the 21st Century
HVACIntel helps contractors and homeowners detect and predict HVAC failures before they happen
LAMIK is a tech-enabled clean beauty brand for women of color
Noonean Inc integrates Voice AI Assistants with cognitive search to provide next generation information access
Optimal Technology Corporation is an award-winning, venture-backed, minority-owned, energy solutions provider lowering electricity bills by 70 percent using ML-enabled monitoring solutions and efficient energy technologies
RoundlyX is Mint.com for digital assets, enabling customers to invest spare change in cryptocurrency
Steamchain Corp is a FinTech company that simplifies international B2B payments
teleCalm is a stress-free phone service for seniors, stopping problem calls for families living with Alzheimer’s and dementia, including late-night calls, repeated calls and 911 abuse
Sign up to invest in these incredible startups today!