EquityNet Becomes Newest Company to Join SteelBridge Labs

PITTSBURGH, December 21, 2018 (Newswire.com) - SteelBridge Labs today welcomed EquityNet as the seventh company in its portfolio. This investment in an established company represents the SteelBridge Labs Capital Model - providing capital support and mentorship to allow an exceptional idea to flourish.

EquityNet is a recognized pioneer and innovator of crowdfunding and marketplace finance. Operating one of the largest business funding platforms since 2005, EquityNet offers business owners and entrepreneurs alike a marketplace to seek debt, equity and alternative financing options to help grow and support their companies. EquityNet holds many patents in the space and has helped over 100,000 individual entrepreneurs connect with investors, lenders, incubators, government support entities and other members of the entrepreneurial community to plan, analyze and fund privately held businesses. EquityNet provides access to thousands of approved, self-accredited investors and has helped entrepreneurs across North America raise over $300 million. 

"We're thrilled to have SteelBridge join our investment team," says Lee Kimball, CEO of EquityNet. "For more than a decade, EquityNet has been at the forefront of innovation for entrepreneurs and investors, and this investment helps launch some exciting new features for our customers."

Kimball continues, "SteelBridge has done a great job bringing together Pittsburgh's FinTech leaders and creating a portfolio that will place Pittsburgh among the top cities in the industry.”

In addition to investing in FinTech companies, SteelBridge Labs (The Lab) incubates Pittsburgh startups by supporting them with capital, guidance and thought leadership. In some cases, the SteelBridge team takes a hands-on role inside the company by providing technical and operational resources. James Haluszczak, founder of The Lab states, “EquityNet is a fantastic addition to an already-diverse group of FinTech companies, including iraLogix, Exchangelodge and NuMoola. Our goal is, and always will be, to foster the Pittsburgh entrepreneurial community, and the EquityNet mission and track record couldn't be a better fit.”

For more information on SteelBridge Labs, please visit http://steelbridgelabs.com.

For more information on EquityNet, please visit https://www.equitynet.com.

Source: SteelBridge Laboratories