Velocity Growth to Hyper Accelerate Startup Companies
Crowdfunding as a Service Changes How Startups Prepare to Seek Funding
SAN DIEGO, Feb. 27, 2014
SAN DIEGO, Feb. 27, 2014 /PRNewswire/ -- San Diego entrepreneurs will now have
a new way to quickly launch their companies via rewards-based crowdfunding
with the arrival of Velocity Growth, the new Crowdfunding as a Service (CaaS)
Velocity Growth is the purpose-built crowdfunding services company for startup
founders who seek capital to launch by leveraging rewards-based funding
models. The company provides the tools, talent, technologies and services
needed to maximize entrepreneurs' opportunities for success.
Entrepreneurs who are preparing to raise money for their newly conceived ideas
on rewards-based funding sites such as Indiegogo, KickStarter and Ramen can
look first to Velocity Growth for guidance as they prepare to conduct their
"There are a never-ending number of experienced executives as well as young
innovators who have ideas that can become companies," said Jeffrey Belk,
Executive Chairman of Velocity Growth. "Velocity Growth can help unlock their
potential, accelerate business creation and validate a new business idea by
undertaking a rewards-based crowdfunding campaign."
In addition to rewards campaign services, Velocity Growth will be rolling out
a community platform for founders and future founders of companies to share
ideas and request help from their peers and others. In addition, the website
will provide access to tools and services which can lower many of the barriers
that entrepreneurs have faced in the past, thereby helping their companies
"Potential entrepreneurs are everywhere, but they may not have the skills or
networks for the tools, resources, or funding to get their ideas moving.
That's where Velocity Growth comes in. By providing the services and tools to
get past those roadblocks," said Andy Abramson, Chief Strategy Officer for
Velocity Growth. "Just as digital services saw their rise to prominence in the
1.0 era, Velocity Growth looks to meet the rising demand from the
ever-increasing number of crowdfunded-related businesses by tying all the
Velocity Growth will offer entrepreneurs a series of cloud services and
applications that deliver an optimized experience as they prepare to raise the
funding needed to get their ideas launched on leading rewards-based
crowdfunding platforms. These tools will include apps and services offered
free of charge to the crowdfunding community, while others will be available
on a success-based fee and equity basis.
"Starting up a new business, building an application or creating a web service
is now being accomplished more and more withnew tools and resources for
application and product development," said Velocity Growth's Chief Platform
Officer Josh Baylin. "This model is helping companies get out the door faster,
while achieving the level of velocity necessary to make them successful. With
rewards crowdfunding, new ideas attract an audience more quickly, secure
validation sooner and get connected faster to the communities and customers
they want to serve."
Velocity Growth is actively focused on several initial opportunities and
invites appropriate inquiries from entrepreneurs to visit the Velocity Growth
website at www.velocitygrowth.com.
About Velocity Growth
Velocity Growth is a crowdfunding as a service (CaaS) company. As a
crowdfunding services company, Velocity Growth develops and aggregates
services, platforms, applications and networks for the crowdfunding community
so they can successfully raise capital via the rewards models currently
available through a variety of platforms and providers.
About the Founders
Jeffrey Belk, 51, Executive Chairman, served in several executive positions
during more than 14 years at Qualcomm, including Senior Vice President,
Strategy and Market Development, as well as Senior Vice President of Global
Marketing. He currently serves on the Board of Directors of Interdigital
Corporation and San Diego's Peregrine Semiconductor Corporation, the UC San
Diego Alumni Association, San Diego-based Wireless Life Sciences Alliance, and
is on the advisory board of CommNexus, a leading San Diego technology trade
organization. Belk also has made a broad range of angel investments and
serves as an adviser to a number of privately held companies.
Andy Abramson, 54, Chief Strategy Officer, is CEO and founder of Comunicano,
Inc., a Del Mar-based value creation communications agency that has been
supporting startups, early stage and high-growth companies globally since
1992. Previously Abramson held management positions with The Upper Deck
Company and Foote Cone Belding/Impact as well as executive positions with
three professional sports team, The Denver Nuggets, Philadelphia Flyers and
Philadelphia Wings starting in 1974.
Josh Baylin, 34, Chief Platform Officer, is a former Bloomberg technology
reporter and financial professional turned developer and serial entrepreneur.
He is the founder of Velocity Kick, the first set of crowdfunding analytics
tools aimed at improved audience and message management. Most recently, Josh
led a financial data consulting and trading business, Visual Systems Research
Group and VSRG Capital. Previously Josh worked as a portfolio manager at SAC
Capital Advisors, LLC in Greenwich, Conn., managing technology investments.
Prior to that, he held the role of Associate Analyst at Legg Mason Equity
Research covering the wireless and technology sectors.
SOURCE Velocity Growth
Contact: Andy Abramson, email@example.com, +1-858-777-9777, OR Irena
Boostani, firstname.lastname@example.org, +1-858-414-1136
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