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StearClear Crowdfunds $140K on SeedInvest in 5 Days

document Crowdfunding
Summary Equity crowdfunding platform SeedInvest, which launched just last month, already has its first funding success story. StearClear, the app-based designated driver service, raised $140,000 in capital in just 5 days on SeedInvest. The round was oversubscribed by 40% utilizing SeedInvest's groundbreaking platform that provides accredited, angel investors access to high-quality, curated investment opportunities.
Description StearClear structured its capital raise as a convertible note, originally looking to source $100,000 in 60 days. StearClear quickly exceeded its goal and closed $140,000 in less than a week. Individual investments ranged from as little as $1,000 to $25,000. The company will utilize the funds for continued software enhancements as well as working capital to expand their services and support franchisees.


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