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Crowdpac Brings In $5.3 Million

Political crowdfunding platform Crowdpac Brings In $5.3 Million
Credit: crowdpac.com

According to a recent SEC filing, software startup Crowdpac has raised $5.3 million in financing from an undisclosed investor.

Crowdpac is one of the first crowdfunding platforms designed for politics – helping candidates, organizations, and ordinary citizens fund the changes they want to see. According to the company, it uses the best technology and objective data to boost political participation. It aims to aid citizens with voting by helping them understand the candidates on their ballots. It also helps with funding political change through crowdfunding tools, and it assists anyone running for office with raising money and mobilizing support independently of big donors and special interests.