Group investment platform raises $3M – including from investors using the startup’s software

A Columbus startup that makes it easy to pool investments in real estate, startups or other equities has raised $3 million – including funds from one group that used the software for their stake.

Tribevest LLC, which grew through the pandemic to 1,000 “tribes” investing through the platform, plans to use the infusion to grow to 8,000, co-founder and CEO Travis Smith said. The eight-person company will be hiring in all business areas.

“This is a great place to scale a company like ours,” Smith said. “The biggest thing missing in Columbus for startups is capital. We feel confident and comfortable with the relationships we’ve made … that we can scale it here without having to move the business.”

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Story excerpt provided by Columbus Inno.

Written by Carrie Ghose.

Originally published January 26, 2022.