Investors Rush to Reserve Their Place in the First Crowdfunded Silicon Valley Venture Fund

KXTER reservations cross $1 million threshold – Crowdfunder now closed – WeFunder round still open.

San Francisco, CA, July 13, 2016 --( Kxter Advisors LLC announced today that more than $1 million has been reserved by investors in KXTER's new crowdfunded Silicon Valley venture fund. The bulk of $880,000 dollars was reserved on Crowdfunder, where reservations have now been closed. WeFunder’s allocation recently opened at and will be open for the next 30 days.

In late 2015, KXTER announced the launch of a new crowdfunded venture fund, connecting American investors with venture capital funded startups in Silicon Valley. Investors can gain access to startups that have investment backing by the TOP 10 venture capital firms in Silicon Valley managed by some of the leading fund managers in the world.

"The investing public has recognized what's in the public interest," said Thomas Schneider, KXTER's Managing Partner. "More competition for access to startups that have big fund backing, lower fees and more choices for investors are the issues at stake here. And we're seeing a groundswell of support that we are indeed offering the right product by allowing average Americans to invest alongside the ultra-rich and powerful."

KXTER recently unveiled its first six investments with another 20 startups under consideration. Last week, the company asked members to vote on which startups should be added next. In just a few days since the poll was released, more than 7,000 votes have been registered. Leading startups will be announced in the weeks to come.

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Kxter is a venture capital firm launched in 2014 by serial entrepreneurs Thomas Schneider, Rickard Antblad and James Brett. With seven exits and one IPO under their belt the firms goal is to provide a managed alternative to crowdfunding investments. The company is headquartered in downtown San Francisco. Potential investors can sign up for free by visiting
Thomas Schneider