Hathrup.com has launched a website and platform that primarily focuses on making access to capital for entrepreneurs more convenient and significantly easier
April 9, 2015 (USA) – Hathrup Capital Funding, LLC (HCF), a website platform that offers entrepreneurs, start-ups, inventors, and investors an opportunity to connect and help each other, has announced the launch of the beta testing phase for its socially interact website and “FundMeNow” program. to fund prototypes, concepts, and ideas that require a funding range of $500 to $25,000.
“As entrepreneurs and investors ourselves, too many times we have seen and experienced numerous ideas fizzling out because of the lack of capital. As a team, we have struggled to raise seed capital in ventures we have done in the past and met with too many people that gave us a reason why we could not create and achieve our dream,” states Henry Nnorom, Co-Founder and CEO of Hathrup.
This recurring problem spawned the idea of using the peer-to-peer business model, made popular by companies such as Uber and AirBNB, to bridge the vast gap that exists for entrepreneurs seeking funding to achieve the American dream. The idea evolved over time, leading to the social media like platform, which is now something of a cross between Facebook, LinkedIn, and Kickstarter, but for primarily geared towards connecting entrepreneurs, investors, and the many ancillary people that help support them.
Further, most of the existing solutions out there focus primarily on start-up tech companies that offer innovative products and services, yet the vast majority of entrepreneurs with service business (80% or so of small businesses) are left out. They may not have a sexy idea that will change the world, but they have solid businesses that need access to start-up capital as well. Whether someone wants to open a hair salon, photography business, or even an independent legal or accounting firm, Hathrup will help facilitate. These businesses may not get the attention of some of the larger VC funds, but they deserve the opportunity to achieve the American dream as well.
As Hathrup’s manifesto states, it wanted to bridge elements of what makes all these ideas and companies successful, while stripping away the downsides in order to create a more complete product specifically tailored to improve the lives of users, not exploit them.
An excerpt from their manifesto reads:
“Hathrup is a free, capital-funding facilitating technology company. Hathrup is a non-bank/untraditional finance company. Hathrup is a social media/social networking company specifically for entrepreneurs and their family and friends. Hathrup is a crowd-funding company, without the strangling limitations of high minimums and the must-reach-your-arbitrary-goal-to-actually-get-funded restrictions. Hathrup Capital Funding is a peer-to-peer company, Hathrup.com is an International platform for raising early-stage investments. Hathrup, through its “FundMeNow” program which is facilitated by PayPal, giving you access to the capital you desperately need as it comes in and when you need it. “FundMeNow” enables entrepreneurs to raise capital to fund prototypes, concepts, and ideas that require a funding range of $500 to $25,000. Hathrup.com also supports Investment needs Beyond $25,000, all you have to do is post under the entrepreneur section for potential investors to look at your deal and contact you. The platform is also designed for potential investors to post their investment ranges for entrepreneurs to see them and contact the investor. Hathrup takes the technological advancements of today, mixes them with the philosophy and ideals of the American Dream of yesterday, in order to bring you a better way to make your dreams become a reality tomorrow.
As they now begin to enter their beta testing phase, they are seeking other like-minded thought leaders to take their site for a spin and to offer feedback. Those who are interested in participating, you can email firstname.lastname@example.org to get access.
Hathrup.com was founded in 2013 and is a LLC registered in Delaware. For more information, please visit the website at www.hathrup.com. You can keep track of their progress in real-time by following along on Twitter @Hathrup, and/or at www.facebook.com/hathrup.