Nutrition Capital Network


Nutrition Capital Network news: crowd-funding works for Episencial

Nutrition Capital Network facilitates financing and asset sales for growing companies and introduces investors to the next generation of successful brands & technology in the nutrition and health & wellness industries. Below is news from June.

Episencial (Los Angeles, Calif.), a company that makes natural skincare products for babies, has raised $200,000 through the crowd-funding website CircleUp. According to a Women’s Wear Daily (WWD) article linked on CircleUp’s website, Episencial took 14 days to raise the capital from 18 accredited investors. Episencial has also raised $300,000 via more traditional routes, from Jeffrey Hollender, Seventh Generation Inc. co-founder, and Philip Schlein, former CEO and president of Macy’s California. Episencial has roughly $1 million in annual revenues, WWD reported.

CircleUp is an online social marketplace that supports direct equity investments from individual investors in privately held consumer and retail companies. A recently released report by Massolution concluded that crowdfunding platforms raised almost $1.5 billion and funded more than one million campaigns in 2011 (including non-profits and causes); North America was the largest market for fundraising at $837 million. CircleUp founder Ryan Caldbeck was a presenter at NCN’s Health & Wellness Investor Forum II in Washington DC in Spring 2012.

Disclaimer: NCN does not warrant the accuracy, reliability, or timeliness of any NCN news item. Before relying on any NCN News item the information should be independently verified.

For more finance and investment information, visit Nutrition Capital Network news.

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