Parlay Raises $1.3M in Pre-Seed Funding
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Washington, DC September 08, 2022 --( PR.com )-- Global Venture Studio Continues to Expand Leadership Team and Investment Capabilities.
Global Venture Studio Continues to Expand Leadership Team and Investment Capabilities.
Capacity Capital Chattanooga, TN-based Capacity Capital was launched in 2020 with a primary focus on the southeastern U.S. Jonathan Bragdon, its CEO, describes Capacity as “a team of founders-turned-funders making non-dilutive, founder-aligned investments of $50,000-$300,000 in post-startup, post-revenue businesses planning to 2x revenues in 12-24 months. Investments are typically in exchange for a capped, single-digit revenue share and a right to equity under certain circumstances. If the company sells or raises enough capital, the investment converts into an agreed-upon percentage of equi...