Initial Crowd Offering, Inc., a Houston, TX-based crowdfundg platform, has closed an equity financing round of undisclosed amount.
Funds were raised from a private angel investor.
The company intends to use the capital to complete the development of its equity crowdfunding portal and expand its marketing efforts once development has been completed.
Led by Perry West, CEO, Initial Crowd Offering (ICO) operates a platform that connects investors with small and emerging businesses, allowing direct, real-time investments in exchange for equity ownership through a secure site. The company also offers ICO CrowdCenter™, a comprehensive source for news, legislative updates, blogs, forums, and everything you need to know about crowdfunding in the US.