Unbounce uses AngelList to raise $850k from a diverse syndicate of investors
Vancouver’s Unbounce announced this morning that they have raised an $850K round of financing by a syndicate of tech investors lead by Mark MacLeod & Montreal based Real Ventures.
Cash-flow positive Unbounce didn’t require this capital to maintain our current activities. Instead they’ll be able to invest in developing the capabilities and improvements that you’ve been asking for on a greatly accelerated schedule.
The group includes Chris DeVore & Seattle based Founder Co-Op, Fred Destin & Boston based Atlas Ventures, Howard Lindzon & Social Leverage, Dave McClure & 500Startups, Christoph Janz & Point Nine Capital, as well as angel investors Boris Wertz, Mike Edwards, Rapleaf CEO Auren Hoffman, & Articulate CEO Adam Schwartz.
We are super excited to have this impressive group of successful entrepreneurs now part of the Unbounce story. Each one of them brings complimentary experience to the table, and collectively will be a great asset as we continue to grow Unbounce in the years to come. This comes on the heels of earlier seed investment by entrepreneurs Dan Martell, Eric Ries, Chris Goward, Grasshopper Group’s David Hauser as well as Dave McClure and others for a total of $950K raised this year.
Unbounce CEO Rick Perreault did a masterful job of leveraging AngelList to streamline the fundraising process and should probably write his own version of Joshua Baer’s 9 Tips for Raising Startup Funds on AngelList.
Perreault kept Unbounce’s AngelList Profile Active and Up-to-Date, making sure that it was very clear what Unbounce does and why it’s important. He even went so far to get feedback on their profile before it went live. Posting a video of their pitch helped communicate the opportunity and encouraging “thought leaders” to comment on their profile provided an additional level of credibility.