INVESTING IN TOMORROW’S TECHNOLOGY TODAY
RECOGNIZING THE LACK OF FUNDING OPTIONS FOR CONCEPT STAGE COMPANIES IN FLORIDA, DAVID CHITESTER FOUNDED SEEDFUNDERS IN ST. PETERSBURG WITH THE EXPRESS PURPOSE OF INVESTING IN PRE-REVENUE, SCALABLE TECHNOLOGY STARTUPS.
Clearly, startup activity in Florida has grown significantly, yet we still lag behind other States in producing venture capital ready companies. This is largely due to an inhospitable and disjointed seed and early stage funding environment, a problem which Seedfunders was created to correct.
Led by a group of leading visionaries, Seedfunders is paving the way for technology startups throughout the State. Seedfunders’ team of experienced entrepreneurs, talented financial professionals and seasoned industry executives, provides not only funding, but connections, mentoring and guidance for early stage companies.
Additionally, in order to strengthen their mutual commitment to bridge the seed to early stage funding gap and invest in high potential technology startups in Florida, Seedfunders and the Adrenaline Venture Fund of Naples recently formed a strategic partnership. By combining financial, technological and intellectual resources, the firms are the preeminent funding source for concept stage companies in the State.
Founded less than a year ago, Seedfunders has already gained traction by adding several exciting young companies to its portfolio. They represent a broad range of industries, from health insurance, to senior living, to weather reporting, all based on a strong technology component. Dealflow continues to be impressive, with numerous promising concepts under consideration for funding.
With a laser focus on pre-revenue technology startups, backed by a group of equity partners committed to creating successful outcomes, Seedfunders is changing not only the investment landscape in Florida but the State’s profile. Our mission is to unleash hundreds of new technology companies and establish Florida as a capital of innovation in the United States.