Relay Ventures, Mike Maples of Floodgate Fund, Reid Hoffman of Greylock Partners, Kevin Rose of Google Ventures, Craig Shapiro of Collaborative Fund, Bebo co-founder Michael Birch, Tim Ferriss, Eric Ries, Josh Spear and Scott Belsky all participated.
While still a majority shareholder in the business, Kim has decided to step into a more active investing role out of Collaborative Fund's New York office.
Called the Collab+Consumer fund, it's part of Collaborative Fund's third $70 million fund that's geared toward finding companies that make consumer goods — like food and clothing.
WeVest's Web site says that the firm is planning a series of "collaborative" funds that appear somewhat similar to StockJungle.com's, but will use a more quantitative approach, with sophisticated computer screens culling suggestions from as many contributors as they can muster.
Until early 2015, after sticking with the search for a solution and going full time on refining our model of collaborative funding, efforts paid off.
Last week, we covered the launch of the Collaborative Fund, angel investor Craig Shapiro's new seed fund aimed at supporting for-profit startups with a social mission.
With a modest first fund of about $10 million, Collaborative Fund made thesis-based investments in a number of startups that have come to define that category — companies like TaskRabbit, Lyft (then Zimride), and Kickstarter.
However, this is still in the margins of philanthropy – the Collaborative Fund points to the fact that less than 2% of foundation giving in the U.S. focused on gender-based violence.
Zambia has been a recipient of international collaborative funding since the mid-1980s and several of these studies have involved the establishment of CABs, in line with both the requirement of the Research Ethics Committee as well as the funding organizations such as the NIH.
After graduating from TechStars NY this summer, the startup raised approximately $1 million in funding from Werner Vogels (CTO of Amazon), DFJ, BOLDstart Ventures, Chang Ng, Collaborative Fund, David Tisch, David Cohen, Eliot Loh, Jerry Neumann, Kal Vepuri, TechStars and 500 Startups, to name a few.
Extensive planning including the development of a collaborative funding model based on each institution's needs was designed.
