The grand finale of CAPITAL MADNESS #1, a capital raising bracket tournament sponsored by Castle Placement and WeWork, took place on May 31st at WeWork-Times Square.
Throughout the tournament some of WeWork-Times Square’s best companies pitched their businesses on Castle Placement’s website, as if they were presenting to investors to raise capital. The contestants were all great companies poised for growth.
Thousands of online voters narrowed the field in on-line voting from May 17th through May 24th. The four finalists pitched at the grand finale, a well-attended live WeWork-Times Square event. Hors d’oeuvres and drinks were served, and attendees enthusiastically participated, including a spirited Q&A session.
Each finalist presented their company, opportunity, and strategy to a panel of judges from Blackrock, Fortress, KCK, WeWork and Castle Placement, and the audience (live, and-live streamed via Facebook). At the end of the event the judges and audience (voting on their phones via the Castle Placement app) selected Techmate, a growing company that provides fast, friendly, and affordable on-demand support to offices and homes in as little as two hours.
The grand prize was free access to CPGO Prime, Castle Placement’s full-service capital raising service. Semi-finalists won free exposure on the CPGO Network which provides a three-month capital listing on Castle Placement’s website, 100 targeted investors with contact information, and access to CPGO (Castle Placement’s proprietary capital raising app).
Stay tuned for CAPITAL MADNESS #2.
About Castle Placement: Founded in 2009, Castle Placement raises equity and debt capital for private middle market companies across a broad spectrum of industries. Highly experienced investment bankers and a robust, data-driven, innovative technology platform – including artificial intelligence/machine learning – match great companies with global institutional investors. Castle Placement’s proprietary app, CPGO, connects companies with investors in real time. It has over 64,500 private equity, venture capital and strategic investors, family offices, pension funds, foundations, endowments, sovereign wealth funds, hedge funds and lenders.