Miventure is an investment platform that lets you become a ground-floor investor in early-stage startups with as little as $25. The best part about the startups on Miventure is that many are striving to become the next Uber of their industry.
@freddycoen We do perform supervisory duties on the companies including interviews, background checks on major owners, verify they're legal entities, and make sure their disclosure form is materially complete. Check out some of the campaigns on the platform and let us know what you think!
Report
@jason_crystal I tried to click through on the website to some of the startups listed but none of them seemed clickable; is it only via the mobile apps that it's possible to invest?
@andrew_keats Hi Andrew. Yes, we're currently working on adding invest from website functionality, but currently it's ios and android app only and the website is just for marketing purposes to help people find the app. We should have invest from web functionality within the next month, but highly encourage you to check out the app as well before then!
I see that you are directing people to download the mobile app, do you have a web app as well?
Anw, I'm on andriod I tried to click on the playstore button on your homepage but it directs me to App store instead. You might wanna fix that.
Lastly, do you vet start ups who wants to list on your platforms? if yes, what steps are you taking to prevent scams or rogue companies.
@ken_moo Hi Ken, thanks for pointing that out. We use a redirect link, so if you use the https://www.miventure.com/download on your mobile device, it'll direct you to the correct app store. If you do it from your computer, it'll take you the apple app store. Yes, we are mobile only currently.
We mainly look for companies that are current or past participants of reputable incubator / accelerator programs. We also are licensed as a funding portal so we perform what are called supervisory on the companies. We do background checks on the major owners, verify they are valid legal entities and make sure their disclosure form is materially complete.
@jason_crystal@john_mccrea@_duncanhall Certainly. Once we feel the product has become self sustainable in the US market looking at the EU market definitely the next phase.
Report
Congrats on launching :) The platform looks amazing. Do you guys support EU companies for fund raising?
@muntasir_rashid Thanks for your kind words, we have an amazing team! Currently we are only licensed and structured to support US legal entities. I suggest talking to Hannah Forbes on Linkedin, she's the EU crowdfunding platform expert and super helpful!
Report
Great Product. Is it globally accessable or available only in specific regions and how do you place checks on investors for example, Verification and so?
@omerasif Hi Omer, it's accessible by everyone on ios and android in most countries, but in order to invest currently we're only licensed and structured to allow investors with a US tax ID. Allowing international investors is on our long term roadmap. Thank you for checking it out!
Cool concept! Im wondering how the valuation of companies work in such an early stages? Also is it based on SAFE notes? I have a startup of my own and am interested both from the founder side as well as investor side. Cheers!
@christian_dooley Hi Christian, thanks so much for your question. The startups on the platform are all currently using what we call CrowdSAFEs, which is similar to the YC safe. Please check out our educational materials to understand the differences. They determine the valuation cap and discount on the CrowdSAFE and investors can determine which campaigns based on the traction and deal terms they want to invest in. Each campaign sets a minimum and maximum goal and the campaign is not successful if the minimum goal is not reached. In the even a campaign is unsuccessful, investors get a refund on their investment. If the campaign is successful, investors receive signed deal documents at the end of each campaign. You can easily track all your agreements in your portfolio so they're easy to find whenever you need. Hope this helps!
Report
Congrats on the launch. The app looks and awesome. Is it available for Indian
startups and investors?
GitLive
Miventure
Miventure
Miventure
Miventure
Remotely
Miventure
Miventure
Miventure
PocketChange
Miventure
Miventure