Combining The Innovation Institute Inc.’s 200k social network pool with investors
RedCrow Inc., an equity investing platform with a unique focus on well-curated opportunities within the medical technology industry, has today announced a partnership with The Innovation Institute Inc., an incubator for growing healthcare startups, to promote qualified companies within the sector. The partnership will give start-ups exposure to crowdsourcing and equity crowdfunding with direct access to RedCrow’s professional pool of investors. Co-founded by Brian Smith and Jerry Harrison in November 2016, RedCrow’s mission is to help investors discover privately held, early stage startups in the booming Healthcare sectors connect with backers to expand their business.
CEO of RedCrow, Brian Smith, said, “Our mantra is knowledge is power — invest in what you know. Our niche in healthcare is focused on bringing knowledgeable investors to make educated investments in companies within their vertical. The Innovation Institute’s 200k plus members are just that: knowledgeable healthcare professionals and ‘Doctorprenuers’ who can advise early-stage companies.”
RedCrow will create a customized social platform for The Innovative Institute’s 200,000 members, giving users the the opportunity to join RedCrow’s social discussion, share ongoing campaigns, and discuss investment opportunities with professionals in the field. Unlike other crowdfunding platforms, RedCrow allows the public to invest alongside prominent industry experts who serve as RedCrow advisors and strategic investment partners, who perform a higher level of due diligence than competitors.
“We are excited about the new relationship with RedCrow and look forward to working with their leadership. The strategic purpose of The Innovation Institute model is to advance innovation. This relationship will allow us to help new start-up ventures get needed capital to grow their companies and bring products to market,” said Joe Randolph President and CEO of the Innovation Institute.
Larry Stofko, Executive Vice President of The Innovation Lab Inc., said, “Since our launch, we have already interacted with nearly a dozen early-stage companies that have been created by extremely talented medical professionals across our 125 member system hospitals. Our partnership with RedCrow will provide these companies with the post-seed funding needed to get to the next level, as well as provide individuals in the healthcare ecosystem an exciting opportunity to invest in their peers.”