PoliticalBank
Early Stage
Where candidates can fundraise, rally support, & communicate their stance.
Overview
Raised: $0
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
07/31/2019
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2015
Industry
Government Services
Tech Sector
Location
Carmel, Indiana
PoliticalBank, with a valuation cap of $4 million, is raising funds on MicroVentures. The platform of PoliticalBank allows political candidates to engage with their constituents and automates their campaign process. PoliticalBank can be used by the candidates to fundraise, rally support, and communicate their opinion. The users can subscribe and receive updates on campaigns or volunteer for them. PoliticalBank was founded by Adam H. Berry, Frank Short, and Jeff Mitchell and has raised about $900,000 in previous rounds of funding. The current crowdfunding round has a minimum raise of $25,000 and a maximum raise of $107,000 and the proceeds will be used to market the website and products, to support the development of technology, and to repay debt. PoliticalBank has managed to generate about $212,000 in revenues in 2018 and has provided services to 190 candidates.
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