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A debt-investment-platform startup a day keeps the FOMO away.
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Startup of the Year: Daily Dealflow
Startup of the Year discovers and supports the most promising and innovative startups from around the world through #DailyDealflow, our Podcast & more.
Join us in New Orleans for INNOconf April 29-May 2 to meet this great startup and more!
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EnrichHER
EnrichHER is a lending platform that connects revenue-generating women-led ventures with up to $250k in affordable and non-dilutive capital.
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EnrichHER is disrupting traditional and predatory lending terms through its credit model and lending environment. EnrichHER connects revenue-generating women-led companies seeking up to $250,000 with accredited and non-accredited lenders who want to earn 15% return of their investment while fueling the growth of women-led businesses.
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What's Innovative About Their Solution?
EnrichHER is disrupting traditional and predatory lending terms through its credit model and lending environment. Beyond the uniqueness of our lending environment, the core innovation of our venture is our artificial intelligence based scoring algorithm to determine the payback score of our users. This algorithm looks beyond the credit score of the business owners to such factors as social media presence, the number of followers, online reviews, and educational background. This algorithmic process allows us to speed up the loan qualification for our users and increase efficiency for institutions like banks, to find and fund their target group of women entrepreneurs. We believe that without innovation, access to capital for underserved founders will continue to decrease.
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📍 Location
Atlanta, GA
Washington, D.C.
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⚙️ Product Stage
Functional Prototype
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🏭 Industries
FinTech, Marketplaces, Impact
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🤑 Fundraising Status
Considering raising
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💸 Total Funding
To Date
$100k-500k
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🙌 Founder Demographics
Female founder, LGBT founder, Minority founder
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Big Wins
We are a FINRA and SEC approved lending platform backed by partnerships giving us access to over $500m in lendable capital. We have increased our number of weekly applications from 1 to 250 during the short three months since joining Techstars in February.
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Contact the Founder:
Roshawnna Novellus
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Further Your Passion For Startups
The Startup of the Year Podcast raises the bar for startups around the world by providing further insight on the emerging companies featured in our Daily Dealflow newsletter and by highlighting newsworthy stories and global trends affecting the startup ecosystem. |
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The Daily Dealflow is made possible thanks to the support of our amazing partners.
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2019 Startup Outlook Report
SVB is pleased to present the 10th edition of our annual Startup Outlook Report, focusing on the innovation economies of the US, the UK, China and Canada. Read the report here.
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Created by the talent responsible for building the Tech.Co brand (acquired by an international publishing company), we're leveraging decades of experience to help our collaborators further (or create) their brand & accomplish their most important goals.
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Established, LLC is not a broker-dealer and cannot provide assurances and makes no representations or warranties as to the timing or price terms for any purchase or sale of early-stage company equity. Nothing contained in this email constitutes investment, legal, tax or other advice. No information or statements contained in this email should be relied upon in making an investment or different decision. You should review all risks and consult all applicable professionals when making any investment decisions. Information and statements contained within this email and any attachments are solely for informational purposes and does not constitute an offer to sell or a solicitation to buy any securities.
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