Croudfund Research is a new due diligence service for crowdfunding that is launched by Jake Fisher, Todd Taylor, and Samantha Bergsrud in December 2016. The service aims to assist startup investors in researching equity crowdfunding campaigns.
Their services provides a brief overview of the featured startup along with contact information and short funding and investment data. A startup report includes also analysis on positive and risks associated with the respective crowdfunding campaign, as well as a short description of the problem being solved by the startup.
The founders of Crowdfund Research have set an ambitious goal to provide the same level of research that would be provided by a VC fund investing in tech startups. Contributors with varied professional experience draft the due diligence reports that cover products and services ranging from physical products to online services to software apps.
The service features a section where crowdfunding portals can submit their website address – no crowdfunding portal reviews are available.
Startups can submit a campaign to Crowdfund Research although no details are available how and if a report will be drafted, which is in line with the website service that covers mainly small and early stage companies. The website has a Featured Reports section but it is a bit unclear which reports are included in this section.
Overall, their service offering is similar to the service provided by crunchbase.com or index.co but Crowdfund Research is completely free to use and requires no registration. Moreover, they provide free due diligence on early stage startups for free, which is not included in the free plans of other services.
Currently, the service is publishing some two to three due diligence reports a week, which is a good rate provided that intensive research is required to find startups worth investing in the already crowded ecosystem of early stage crowdfunding.