Written October 2024. Figures and statements were current as of that date and have not been updated.
We are thrilled to provide you with an update on our latest activities at D3VC. Over the past month, we made three strategic investments, further expanding our portfolio in the hospitality, crowdfunding, and sports sectors. Other than scoring high on our algorithm, these companies showcase how we are diversifying within the space.
1. Gin & Luck. Industry: Food & Beverage. Gin & Luck is a leader in the modern cocktail and hospitality movement, recognized for creating the world-renowned Death & Co brand. (If you have not checked out one of their locations, it is worth a visit.) With a focus on experience-driven establishments, Gin & Luck continues to scale its operations through new restaurant openings, a line of retail products, and a hotel partnership. Their innovative approach to hospitality, paired with a strong focus on brand equity and customer experience (their online reputation is impressive), positions them as a key player in the expanding food and beverage space.
2. Wefunder. Industry: Financial Services. Wefunder is a pioneering investment crowdfunding platform that connects startups and small businesses with individual investors. As one of the leading platforms in the space, Wefunder has facilitated over $800M in funding for more than 1,900 companies. Wefunder is one of the many online investment platforms through which we at D3VC invest. We firmly believe in their future: they have been a leading platform since the industry launched, run a lean operation, and are very focused on cash flow.
3. Oakland Roots. Industry: Sports, Community Engagement. Oakland Roots is more than just a professional soccer club; it is a movement that integrates sports, community activism, and social justice. The organization stands out by merging high-quality soccer with initiatives that impact underprivileged communities in Oakland, setting a new standard for how sports teams can drive meaningful social change. Oakland Roots shows this interest in seats filled, revenue growth, and investor engagement.
D3VC's mission and strategy in action
Altogether, we have made three investments in healthcare, biotechnology, and life science, two in financial services, and one each in transportation and logistics, energy and utilities, food and beverage, and sports. Our diversification strategy continues to expand as we seek the best in each sector among current active investment crowdfunding offerings, currently at 620.
Other news
- Our managing principal, Sherwood Neiss, has encouraged the Presidential candidates to focus their economic agenda on startups through a $2B co-investment fund.
- The investment crowdfunding industry saw a solid start to the end-of-year rush with new deals despite a dip in total investors.
- Sherwood Neiss will speak about D3VC and tax policies to promote investment crowdfunding at the Crowdfunding Professional Associations' 2024 Summit in Washington, DC.
Thank you again for your support. If you have any questions or want more details about our recent investments, please get in touch with us.