Steven McClurg Named President and Chief Operating Officer of Crowdfunder

NEW YORK, NY / ACCESSWIRE / April 28, 2016 / Leading equity crowdfunding platform, Crowdfunder, announced today that Steven McClurg is joining Crowdfunder as their President and Chief Operating Officer effective April 25, 2016. McClurg has built a strong reputation in the finance and tech industries during his more than 7-year career at Guggenheim Partners, a leading global investment and advisory financial services firm, most recently as managing director. In his role as President and Chief Operating Officer, McClurg will oversee all of the day-to-day operations of the Crowdfunder investment platform and will be responsible for growing the VC Index Fund and greater investment practice.

While at Guggenheim Partners, McClurg was responsible for various areas of the investment management practice, including portfolio management and construction, overseeing private equity investments on behalf of Guggenheim's largest institutional clients, product management and marketing, and emerging market and Eurobond debt analysis and trading. During his tenure, he helped Guggenheim Partners become one of the world's foremost investment firms through their growth into the intermediary business, including launching and growing mutual funds and ETFs. Prior to Guggenheim, McClurg held various positions at Electronic Arts and Youbet.com including roles in strategic planning and financial analysis.

Chance Barnett, Founder and CEO of Crowdfunder, said, "We have worked with and known Steven for many years and I'm incredibly excited to bring someone with his level of deep institutional experience onto the Crowdfunder team." Barnett continues, noting, "With the pivotal advances in the industry under the JOBS Act, and Crowdfunder's unique Platform + VC Fund model, Steven has a track record for success and his experience in finance will be invaluable as our business evolves. This is the next step in the continued growth of the business as we look to scale out access for everyday investors to top tier VC-backed deal flow they would not otherwise see."

"While my relationship with Chance Barnett and Crowdfunder initially attracted me to this opportunity," said McClurg, "there is a huge potential to disrupt the financial industry with new regulation from the DOL and adoption of portions of the JOBS Act. I am passionate about helping entrepreneurs fund great ideas and being a part of the democratization of early-stage investing."

About Crowdfunder

Crowdfunder is the equity crowdfunding leader for sourcing and funding high growth ventures with a network of over 130,000 entrepreneurs and investors. Crowdfunder and its VC Index Fund provide the opportunity for direct online investment into single ventures, as well as diversification into a broad VC-led portfolio (Index Fund) of early-stage startups - backed by many of the world's leading Venture Capital firms and private investors. Get free access to private early-stage VC-backed startups on Crowdfunder.

Contact:

Meghan Holston
Coburn Communication, Inc.
Meghan.Holston@coburnww.com
212.730.7277

Caroline Brayson
Coburn Communication, Inc.
Caroline.Brayson@coburnww.com
212.730.7277

SOURCE: Crowdfunder, Inc.