ProHatch LLC, a NYC-based crowdfunding platform that aims to accelerate transactions in innovative, growth oriented commercial and non-profit enterprises and assets, closed a seed funding with the Pavonis Group.
The amount of the deal was not disclosed. In conjunction with the investment, Mark Kingston, managing partner of Pavonis, will be joining ProHatch’s Board of Directors.
The company intends to use the funds to enhance the features of the platform for crowdfinance investment and accelerate the real estate vertical.
Co-founded by Barry M. Barovick, Elizabeth Smith Kulik, CEO, and Jason Kulik, Chief Development Officer, ProHatch is a web-based crowdfunding platform that aims to allow professionals to create, support and fund responsible social impact, business and community development by combining applied mentorship, expertise, education, services, tools and capital.