F50 Closes $2M Seed Funding

f50F50, a San Francisco, CA-based private co-investment platform, closed a $2m seed round of funding.

Backers included a group of investment funds and angel investors.

The company will use the funds to grow its team, particularly by adding developers to launch its online platform, and to expand its network of investors.

Co-founded by Eric Ly, Tel Iiu, Bill Reichert and David Cao, CEO, F50 has built a private network for investors from around the world to access and share deals.
It will host a series of private, offline-to-online events for its Network members this June, including an invitation-only F50 Season 5 Summit in downtown San Francisco to showcase 100 startups across eight major verticals to more than 400 investors worldwide.

FinSMEs

15/06/2015

 

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