First Fund Invests in Stonks

First Fund is delighted to announce its investment in Stonks, the home for Startup Demo Days.

Stonks is a nextgen crowdfunding platform for startups and small businesses whose services help in the discovery of new startups, watching live pitches, asking questions and attending Demo Days, all using mobile devices. Stonks is the future of fundraising and investing. Founded by Ali Moiz, a seasoned entrepreneur with 18 years of technology start-up experience and $200M+ worth of venture-funded exits (Streamlabs, Peanut Labs), Stonks is helping democratize access to funding for startups.

"We’re excited to work with Sam and First Fund in this round. They've been active partners on the platform, hosting Demo Days, and are now joining us as investors in Stonks. Couldn't be happier to work with them,” said Stonks founder, Ali Moiz.

“We initially used Stonks as a platform to host our own Demo Day for some of our startups. We were blown away by the investor interest that we got for our startups from hosting on the platform ($4.5M over the course of a 1-hour livestream pitch), and so we initiated talks with Stonks to become an investor in the company. This is a great infrastructure play for us, as this is an investment that will benefit all our other investments,” First Fund founder, Samarth Chandola commented.