RALEIGH, N.C.--(BUSINESS WIRE)--North Carolina-based Malartu Funds is leveling the playing field by helping accredited investors pool their investments in startups. Using Malartu’s innovative and efficient online platform, nine of Charlotte-based QC Fintech’s startups have surpassed their collective goal of raising $100,000 by receiving $140,000 in investor commitments so far.
“Through Malartu, QC Fintech’s accelerator program can quickly access funds from a variety of accredited investors to help fund its graduates,” said Sean Steigerwald, co-founder of Malartu. “This shortens the time it takes to raise funds, allowing each startup’s executive team to focus on running the business.”
To facilitate investment in QC Fintech accelerator companies, Malartu created a fund designed to invest equally in the nine ventures participating in the current QC Fintech class. Malartu’s platform allows investors to learn about each startup venture and assists in deciding whether to invest. The Malartu platform allows investors to make relatively small investments in startup-focused opportunities (as low as $5,000).
“We’re thrilled to have already surpassed our goal. The multi-company fund model, through the Malartu platform, has proven extremely successful, and is appreciated by investors and startups alike,” said Dan Roselli, co-founder and managing director of QC Fintech. “The Malartu team has been an incredible resource by offering the fund on their platform and acting as a strategic partner throughout the whole process. We look forward to seeing the progress as the Malartu platform continues facilitating investments throughout the country in untapped markets.”
QC Fintech’s startups largely focus on financial services technology. The companies within the fund include Phyrefly, Traderion, Verifreight, Collegester, Cathedral Leasing, Beltowr, FlyInStyle, Vulletin and Dyme.
“The ability to direct interested investors to a tangible resource, like the Malartu platform, has been incredibly beneficial as we raise funds for Dyme,” said Joseph Prather, founder at Dyme.co, a startup that allows millennials to start a savings habit through text messaging. “For young companies, there are many unknowns, so having the QC Fintech team as a resource, and the Malartu platform to facilitate fundraising, has been very valuable.”
Offering online opportunities to accredited investors is a relatively new method for investing. The Federal JOBS (Jumpstart Our Business Startups) Act, passed in 2012, and the subsequent regulations adopted by the Securities and Exchange Commission in 2013 have made it possible to operate an online investment platform. Malartu Funds believes it is at the forefront of this transformational environment of online investment platforms.
For more information, visit https://malartufunds.us. Once accredited investor status is verified, users of the Malartu website can browse offerings, and review terms and documents to help decide whether to invest in the opportunities available through the website.
About QC Fintech
QueenCity FinTech is an international accelerator for early stage financial services technology (FinTech) companies based in Charlotte, NC, one of the financial capitals of the US. QueenCity FinTech pulls early stage FinTech companies from all over the world into a yearlong acceleration program which provides hundreds of FinTech mentors, a structured 12 week onsite training and incubation phase and an equity crowd fund raise upon graduation. For more information, visit www.QCFinTech.co or contact Dan Roselli, Co-Founder and Managing Director QueenCity FinTech (firstname.lastname@example.org)
About Malartu Funds
Malartu operates an online investment platform that enables accredited investors access to investment opportunities in startup companies through single company and multi-company pooled investment funds. Malartu builds relationships with investors and startups in order to establish relationships where all parties have an opportunity to benefit. Malartu works with companies and investors across the U.S. and is based in Raleigh, North Carolina. For more information about Malartu, visit https://malartufunds.us or follow us on Facebook and Twitter.