TruCrowd, Inc. announced that it has received funding from Digital Arts Media Network, Inc.
March 18, 2018
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truCrowd, Inc. announced that has received an equity round of funding through the execution of an agreement from new investor Digital Arts Media Network, Inc. (OTCPK:DATI) on March 19, 2018. The investor will, as part of its Invest+ program, acquired a 19.9% equity stake in the company which will vest over six months, with an option to acquire an additional 19.99%. The investor will also provide capital formation services to the company through its angels+ program. The deal was made with the anticipation by both the managements that the company is one of only 38 Regulation Crowd Funding portals.
Digital Asset Monetary Network, Inc. is a hybrid accelerator that combines multiple services, such as acceleration, incubation, marketing, business development and capital formation, in one ecosystem. The Public Accelerator-Incubator (PAI) ecosystem utilizes multiple access to funding, skills development, and other tools for success. The PAI ecosystem offers both entrepreneurs and investors new ways of growing wealth. PAI provides business support and management consulting services in a founderâs startup or development stage company. It provides functional expertise to both the startup industry and the microcap space, which includes capital formation, operations and business growth, marketing and communications, finance, compliance, mergers and acquisitions, strategic partnerships. The Companyâs services in the PAI Ecosystem includes acceleration, business development, financial resources, capital formation, and marketing and communications.