iFundWomen, Inc.

iFundWomen, Inc. is a crowdfunding platform tailored specifically for small businesses, enabling entrepreneurs to raise funds while validating their market demand through a dual approach of rewards and investment crowdfunding. Founded in 2016 in New York, iFundWomen, Inc. connects entrepreneurs seeking capital for their small businesses with potential investors.

The company was established by Karen Cahn, who has a history of entrepreneurial ventures. In July 2018, iFundWomen raised seed funding from individual investors including Baltimore Angels and Grit Capital Partners, marking a pivotal moment in their funding journey. iFundWomen primarily offers a comprehensive crowdfunding platform designed for small businesses, facilitating both rewards-based and investment crowdfunding. This allows entrepreneurs to secure funding while demonstrating market demand to investors.

The platform also provides coaching and grants, aiding businesses in launching and scaling operations, and serves a diverse array of small businesses in urban areas across the United States. iFundWomen generates revenue through transaction fees and service fees on its crowdfunding campaigns. A percentage of the funds raised is retained as a fee, aligning the platform's success with that of the businesses it supports. Additionally, subscription services for coaching and webinars contribute to their revenue model, promoting a B2B relationship with small businesses and a direct-to-consumer approach for investors.

Following their latest funding round in July 2018, iFundWomen plans to enhance its platform with new product features aimed at improving user experience and expanding their service offerings. The company is exploring expansion into additional urban markets in the United States by 2024 to reach a broader base of entrepreneurs. The funding raised will be utilized to support the development of these new products and facilitate market entry strategies.