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Localvest changed everything. In 3 weeks $500,000+ was raised on the platform. We were not picking up the phone to call people anymore. And the really exciting thing is this is not a theory, it actually works.
In just 3 months on Localvest, we have shared our offering and launch with 100s of accredited investors, added 3 new investors to our team, raised $100,000, and closed out our PPM offering.
Over an 8 month period, we raised 2 million dollars, of which 30% were service academy grads or veterans. We raised $150,000 from Localvest through the Service Academy Investor Group which was incredible.
We have tried other Angel investment groups. No one really put their money where their mouth was. But once we met with the network within Localvest, we had a ton of success raising capital. It’s great to see the community of Service Academy grads and veterans supporting other Service Academy grads and veterans entrepreneurs.
Localvest helped generate 20 new investor leads through its platform and over $2 million in commitments from one of its groups. They were the single best source of capital.
Office Libations raised 40% of our round through LocalVest in a matter of months with commitments the same week we launched on the platform. There are a lot of platforms to attempt to raise capital but LocalVest will be my first choice to raise capital for any type of future deal from equity to real estate.
We are proud to have a large community of entrepreneurs, business leaders, and investors who have served our country in all branches of the military. We have helped many veteran-led investment opportunities find capital to hire, build, and grow their companies.