The Funded is a CrowdCafe news category that highlights successfully executed raises across global investment crowdfunding platforms. Crowdfunding is working today; these companies, and platforms, are the proof. Follow us on Twitter to stay up to date.
Crowdfunding Platform Seedrs.com
Company Microcosm (Microco.sm)
Industry/Vertical Consumer Internet/Social Networking
Elevator Pitch Discussion boards. Like tumblr, for forums.
Company Description Microcosm is a hosted platform for running discussion boards and forums.We already run a few internet discussion forums (such as LFGSS) and know that forums have the ability to change the lives of the people who use them.We’re working on Microcosm because we’ve seen what forums can do for people. We love that potential, but think that the existing software falls short and what we’ve done for the forums we run has just been for our use. It’s time to give everyone this capability. People who use forums deserve better.
Date Funded November, 2012
Amount Raised (USD/Local) $80,000/£50,000
Equity Offered 10.0%
Post-Money Valuation (USD) $800,000
Number of Investors/Average Investment Amount 71 investors ($1,126)
Campaign Duration 1 Day
Microcosm closed its crowdfunded round in 15 hours. Wow. The power of a transparent, ubiquitously accessible, democratized marketplace. #crowdpower