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CraftFund Launches First Phase of Crowdfunding Platform

CraftFund LLC announced breweries and food companies can now create basic profile pages on its site as it continues to build out its equity crowdfunding platform in anticipation of changing laws on the federal and state levels. The profile page contains general product and brand information. There is no cost to create a basic public profile and creating a profile does not commit a company to ever raising funds on CraftFund. CraftFund founder David Dupee says that the company profile page is the first of several updates to the site scheduled over next few months. “Just as beer and food companies carefully hand craft their products, so too are we crafting our own platform to meet the unique needs of the industry,” says Dupee, who believes craft beer and food investments are going to attract a particular kind of investor interested in owning brands that she is passionate about. “Other platforms are about facilitating transactions; we are about facilitating ownership experiences.” CraftFund has yet to conduct equity raises and will not do so until certain regulations are in place. Dupee expects the first raises to occur pursuant to Title II of the federal JOBS Act, which went into effect this […]

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