Thursday, November 15, 2018

CrowdOut Capital Finds $2.5M From Founder

Austin-based CrowdOut Capital, which provides private lending services to middle market companies, announced this morning that it has raised $2.5M in a funding round. The company said the lead on the round was its CEO and co-founder, Alexander Schoenbaum, plus others. The company said the new funding will go towards development of its technology. CrowdOut develops an online marketplace which lets individuals invest in corporate loans.