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Los Angeles-based
Crush Capital, a startup founded by Darren Marble and Todd Goldberg, said on Wednesday that it has raised $3.25M in a seed funding round, which will go towards its own, online streaming series called Going Public . The company said the seed funding round came from over 30 investors, including Arlan Hamilton, managing partner of diversity-focused VC fund Backstage Capital, Chris Burch, co-founder of iconic fashion brand Tory Burch, and Walter Cruttenden, the co-founder and chairman of micro-investing app Acorns. Crush Cpaital said the funding goes towards development of the show, which is a 10-episode series that will follow five diverse entrepreneurs striving to list their companies on the Nasdaq. Crush Capital says its goal is to give retail investors access to Regulation A+ IPOs and other financial products.
Going Public Logo There has never been a better time for a series like Going Public, said Darren Marble, series co-creator and co-CEO of Crush Capital. Retail investors deserve an opportunity to gain ownership in the companies whose growth they are largely responsible for, and we intend to deliver this change through Going Public .
Hosted by Lauren Simmons, the youngest-ever female trader on Wall Street and only the second Black woman to have held that role, the 10-episode series will follow five diverse entrepreneurs striving to list their companies on Nasdaq. In a streaming series first, viewers will not only follow the entrepreneurs dramatic journeys to potential stock market listings, but will also be able to invest in any of the IPOs while they watch. Alongside Simmons, Going Public will feature a cast of renowned business leaders including Priceline s Jeff Hoffman and Schmidt s Naturals founder Jaime Schmidt.