Nvsted’s hometown, St. Louis, MO, has grown into a thriving hub of startup activity. Just ask any entrepreneur, startup, or business publication. St. Louis is home to several dedicated innovation communities supported by a wealth of accelerators, angel networks, co-working spaces, and a collaborative drive to reinvent our City for the future. So, let’s just say, the Nvsted team was primed to make something of its own to further support our City’s thriving business community.
As our startup community ages and market conditions mature, most traditional early-stage investors are choosing to delay their involvement further down a startup’s development spectrum with fewer investments across the board. Furthermore, traditional sources of early-stage private funding only seem to find its way to a small share of the total business community, and banks are only getting more conservative. There’s a growing need more than ever to help fill the funding gap that exists between the accelerator and angel investor stage to the venture capital firms of the world.
Enter Regulation Crowdfunding and the Nvsted platform. We listened to our business community and developed a platform to serve a segment of their fundraising needs. While some regulations continue to hold back Reg CF, we believe Nvsted will be pivotal to jumpstarting local startups’ and early stage companies’ funding in the St. Louis market. Join the momentum and help build our community, one crowdfunded business at a time.