Crowdtilt, the most versatile technology platform connecting people and payments for group experiences, purchases and causes, has raised $23 million in Series B funding. The round was led by Andreessen Horowitz, with participation from SV Angel as well as Sean Parker, Matt Mullenweg, Oliver Jung, DCM, Felicis Ventures, Naval Ravikant, Alexis Ohanian, Elad Gil, and others.
“We are grateful to have Jeff, Marc, Ben and the entire Andreessen Horowitz team as mentors as we grow our business”
“James and Khaled have built an incredible product that fundamentally changes the way that all kinds of things are funded,” said Jeff Jordan, partner at Andreessen Horowitz. “We believe they are well on their way to building the definitive horizontal platform for crowdfunding, and are thrilled to double down on our investment to support the company’s growth.”
The investment will help the company continue to grow its team and expand internationally.
Crowdtilt is a technology company based in San Francisco, CA. Founded in 2012, we strive to build and offer the most open and accessible crowdfunding tools to power everything from barbecues, to political campaigns, to startup businesses, to charity fundraisers.
By Lolita A. Alford
The post Crowdtilt Raises Series B Funding, Works to Expand Internationally appeared first on FashInvest.
