Spacefy, a Toronto-based startup touted as an “AirBnB for creative spaces,” is the first early-stage tech firm to seek seed funding through Waverley.
Spacefy is seeking to fill a $250,000 seed financing round via the Platform’s database of retail-accredited investors. The campaign started today. So far the Canadian company has raised $92,000.
After the 2013 creation of Title II of the JOBS Act which allowed private companies to raise capital over the Internet, Waverley launched, providing a web-based bridge between growing, innovative companies seeking funding and a pool of motivated private investors. Similar changes are also taking place in Canada.
“We’re immensely excited to be the first early-stage startup to list an offering on the Platform and we are looking forward to seeing the response from the investors.” said Spacefy cofounder Judeh Siwady.