KarenCrowd introduction: KarenCrowd is a crowdfunding platform that offers a variety of services to businesses, including fundraising with crowdfunding tools, raising equity capital for startups, holding various fundraising events, training and empowerment courses, and evaluating and valuing businesses.
KarenCrowd introduction
According to Iran digital economy annotation, Karen’s story began in 2018. With a specific view and clear goals to solve liquidity deficiencies for businesses. Karen Entrepreneurship Pioneers Group took a step in the field of crowdfunding for businesses in order to facilitate the capital supply mechanism.
In May 2020, this group managed to obtain a crowdfunding license from Iran’s Fara Bourse and started providing capital for businesses from the same year. KarenCrowd is the first official broker of financing and investment under the support and supervision of the Vice President of Science, Technology and Knowledge-Based Economy, which for the first time in the country, obtained a permission for crowdfunding based on participation from the exchange. To date, this platform has been successful in the fields of advanced materials and chemical technology, environment and agriculture, electricity and electronics, machinery and advanced technologies, medical equipment, IT and software, advanced drugs, culture and art, oil, financial technology and commercialization services.
KarenCrowd has attracted 8,586 real and legal investors and has provided more than 9 million dollors of crowdfunding for businesses, of which 5 million dollors have been allocated to finance knowledge-based companies.
What does Crowd mean?
In order to understand the exact purpose of Karen Crowd and what service it provides, we must first see what is Crowd? If you refer to the dictionary, in the definition of this word it is written: “community, group, population”. What does this investment community want to do now?
In these years, we have said and read a lot about startups and creative activities. From knowledge-based or idea-oriented groups that gather around and create an idea from zero to one hundred. But KarenCrowd has paid attention to the other side of this story; It means investors. Those who want to invest their capital in the startup field, but like any other business, they should enter with knowledge and measure the risk. So they crowdfund and that’s where Karen Crowd comes in.
