CircleUp, a San Francisco-based equity crowdfunding platform, raised $30m in Series C funding.
The round was led by Collaborative Fund with participation from Capital One co-founder Nigel Morris, and former CEOs and presidents of Goldman Sachs, Thomson Reuters and the Stanford Endowment. They joined Union Square Ventures, Canaan Partners, Maveron and Rose Park Advisors.
The capital will be used to further develop product and data teams.
Led by CEO Ryan Caldbeck, CircleUp provides a marketplace for equity investments in private companies. To date, more than 120 companies have raised funds totaling over $135m. Accredited investors can find free access to select private investments, tools to identify and diligence companies and online transaction capability to make investments.