VCNetwork.co was founded to provide funding to promising but “unconnected” startups, its organizers believe.
“This major increase in VCNetwork.co’s venture capitalist roster signals the shift that forward-thinking VCs are ready to shake up the outdated models of only funding those startups who are part of the ‘Good Ol’ Boys’ club,” founder and CEO Jenny Q. Ta said. “We create a more entrepreneur-friendly structure, promoting successful ventures without being stifled by location.
“We’re on a mission to build an expansive network that makes it possible for startups to secure the funding they need to make their vision a reality, without relying solely on funding from well-known Silicon Valley venture capitalists.”
VCNetwork employs a different approach by presenting promising startups to investors who indicate their areas of interest when they join the platform.
“The world is getting to be a much smaller place,” VCNetwork cofounder Shinto Witoyo Dhanuwardoyo said. “VCNetwork.co is an international partnership that shows, even when working worlds apart, a great business venture is possible.”
Entrepreneurs create a VCNetwork profile with company information and the amount of funding sought. Following the submission of a business plan and selection of their industry, the VCNetwork.co system matches them with suitable investors.