SeedTribe Reviews 

248
TrustScore 2 out of 5

2.1

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Rated 1 out of 5 stars

Very predatory, won’t refund us as what constitutes “interest” is very vague. It’s also very expensive at £179 per month. Given how few resources startups have this price with without any guarantee... See more

Rated 5 out of 5 stars

Genuinely the best investment team we have ever worked with. We've successfully raised 2 rounds recently, both in under 1 month timespans. Ideally you have to have a revenue/traction generatin... See more

Company replied

Rated 1 out of 5 stars

Bait and switch - not until you've got all form fields filled out and are ready to submit does it mention you'll have to pay. At that point a lot of startups will fall into the sunk cost fallacy a... See more

Company replied

Rated 5 out of 5 stars

Closed £500k in 3 weeks. Far exceeded expectations. I honestly can't recommend AIN enough, especially the executive package. We connected with over a interested 100 investors within 2 weeks of th... See more

Company details

  1. Investment Service

Written by the company

An online crowdfunding platform for impact startups.


Contact info

2.1

Poor

TrustScore 2 out of 5

248 reviews

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2.1

All reviews

(248)

5 reviews in the last 12 months

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Rated 5 out of 5 stars

Incredible and Trusted Angel Network Platform!

I have been with IIN from last 2 years and this is probably the only fundraising platform which gave us result from day 1. During COVID we were able to get some great angels for my startup, would highly recommend IIN for rasing investments which has some incredible angel network around the world! Great work!

September 24, 2020
Unprompted review
Rated 5 out of 5 stars

Successful fundraise

We had a very successful fundraise through the AIN. We expected it to take a while due to COVID impacting investor confidence but the process worked well and we achieved our goal.

September 11, 2020
Unprompted review
Rated 1 out of 5 stars

Bait and switch

Bait and switch - not until you've got all form fields filled out and are ready to submit does it mention you'll have to pay. At that point a lot of startups will fall into the sunk cost fallacy and pony up the dough.

A real platform isn't looking to make money off startups looking for investment. A real platform is looking to match investors with entrepreneurs.

This is a glorified dating website where suckers pay to send messages and get clicks.

September 10, 2020
Unprompted review
SeedTribe logo

Reply from SeedTribe

Hi Christoph,

This isn't the case at all. The costs are clearly explained on the rates page on our website.
1) There is a link to the rates page in the "Help" menu, which appears at the top of every page on our website.
2) There is a link to the rates page in the site footer, which also appears on every page of our website.
3) Our FAQ's page explains: What are the costs? Check out our "Rates" page to find out more.

And yes, we are a glorified dating website that matches investors with entrepreneurs - that's actually a very accurate description. Getting clicks and sending/receiving messages is obviously the first stage of the process, as is the case with all matching websites. I hope that clarifies things.

Best wishes,

Mike

Rated 1 out of 5 stars

I've asked for a refund for 4-5 weeks

I've asked for a refund for 4-5 weeks and they just go in circles. I first started getting suspicious when I was getting Linkedin messages from "Angels" on the site soliciting me for business. Most of the contacts that message me were outside the USA or solicitors offering consulting and once they messaged me I wouldn't hear back from them again. I paid for the most expensive package thinking that would help but still had to buy nudges (which doesn't work either)

I've now had to file a claim with my bank because every time I ask for a refund they say "its still early give it time give it time". As a early stage startup I DO NOT WANT TO WASTE THE LITTLE MONEY I HAVE ON SOMETHING THAT DOESN'T WORK! I DO NOT RECOMMEND THIS SITE!

September 10, 2020
Unprompted review
SeedTribe logo

Reply from SeedTribe

Hi Francis,

You requested a refund 3 weeks into your listing after 28 investors had already shown interest in your pitch, so I'm afraid you didn't qualify for a refund in this case.

When we asked you if you'd had problems with any of the investors, the only information you provided was someone who contacted you on LinkedIn (not via our platform).

Your bank even refused your chargeback request, as the evidence that we provided them clearly showed that we had provided the service you paid for and that a refund wasn't warranted.

We have offered to reactivate your account and pitch, so we can continue to promote your investment opportunity and hopefully connect you with more investors, and are waiting to hear back from you on this.

Best wishes,

Mike

Rated 1 out of 5 stars

We didn't receive any ligitame interest

We didn't receive any interest that seemed to come from a ligitemate investor. When asking for our refund as part of the refund policy, the customer service team dragged the issue for month, made us explain every single interaction we've had on the platform and at the end said we don't quality. Waste of time and money.

August 19, 2020
Unprompted review
SeedTribe logo

Reply from SeedTribe

Hi Gergana,

We issue refunds if entrepreneurs don't receive any interest or don't manage to engage with any investors. Since you received interest from 11 investors and exchanged messages with several of them, I'm afraid you didn't qualify for a refund in this case. In one of your emails, you said "I reached a point of conversation with two of them". In another email (after I'd sent a reminder email to one of the investors), you said "Your message worked - I saw that I received a message from her on the platform", so you clearly did manage to get a reasonable level of engagement with some of the investors.

Best wishes,

Mike

Rated 5 out of 5 stars

Bloomcatch - Successful Seed Fundraise

I recently decided to raise funds for my startup, Bloomcatch. We're a small startup based out of Washington D.C. and we help people connect with nature through our plant ID app.

I tried many, many different ways before stumbled across Angel Investment Network. I tried asking friends and family for direct connections to investors. I tried reaching out to others with direct connections to angel investors. I learned that this process was hard. After not hearing from many of my solicitations, I decided to use a couple of different platforms.

I was fortunate to have my entire package ready: financials, pitch deck, video so for me it was simply a matter of uploading the information. Angel Investment Network made that process really easy. After I completed the upload which only took about an hour My Pitch was Live.

And then I waited...and waited...and waited. After nothing happening for about a week I decided to start nudging people. AIN lets you nudge people whose interest and geographic preference aligns with your own. So I nudged...and nudged...and nudged.

Nothing happened. I emailed Mike who encouraged me to keep trying and be persistent and make refinements to my package to improve it. So, I did all that and then...something happened. Investors started becoming interested in my pitch. I was talking to real people who were interested in my little startup. So I talked and learned and continued to promote my company. I did this over and over and over until I completed my first deal.

It was amazing and exhilarating and nerve-wracking and stressful. But I'm done now and I can go back to work on building my company. I wrote this to illustrate that I am grateful to Angel Investment Network for giving my company the platform to connect to real people who believe in what I'm trying to do in this world and to also encourage entrepreneurs on this journey to try their best, be patient, and then work hard to make something happen.

Extremely grateful,
Ray Magee
President
Bloomcatch

May 1, 2020
Unprompted review
SeedTribe logo

Reply from SeedTribe

Hi Ray,

Many thanks for your review and sharing your experience with us and other entrepreneurs. And many thanks for bearing with me and being persistent. It's obviously great to hear that your persistence paid off! I wish you and your business the best of luck and hope you'll come back to us for your next funding round (if you need one...).

Best wishes,

Mike

Rated 5 out of 5 stars

Angel Round - Great team and amazing work

I had the pleasure of working with Xav and the team to help support our 2nd Angel Round for Dropless. Since the word go Xav was very supportive and helped get the right message across to a strong set of Angels he know we would resonate with. Fast forward 8 weeks and we had closed the round (and in the middle of the corona pandemic). The network of Angels I had discussions with are all very savvy and many of them very experienced - no time wasting what so ever. Would highly recommend working with Angel Investment Network.

April 30, 2020
Unprompted review
Rated 5 out of 5 stars

Significantly increase your chances of successful funding

We are a fundraising marketing communications company, having helped over 80 companies to run joint marketing/pr & fundraising campaigns. We use Angel Investment Network on every campaign, and it almost always proves to be an excellent source of investment leads. I can safely say 30% of our clients would never have funded if it wasn't for AIN.

It's a large and active community of investors, which you'll struggle to find the equal of anywhere else. Having such a large pool increases the likelihood of finding someone that's both liquid and interested in the idea. AIN significantly increases your chances of success - we can't live without it.

April 16, 2020
Unprompted review
Rated 5 out of 5 stars

AIN funded business receives royal accolade

I’ve worked with Mike and his team at the angel investment network since 2010, having raised funds successfully for my last two ventures. The first company was capitalised successfully during the GFC, and the second was voted entrepreneur of the year by the British royals - selected from 25,000 companies worldwide. Ten years later I look forward to working with AIN again, on my next project.

March 24, 2020
Unprompted review
Rated 5 out of 5 stars

Angel Investment Network is delivering…

Angel Investment Network is delivering exactly what they advertise. And the service is outstanding. Great communication too and I'm stunned at how fast I'm getting qualified investors messaging me. They know what makes a pitch work and investors interested. So glad I chose the executive package - well worth the money!

February 28, 2020
Unprompted review
SeedTribe logo

Reply from SeedTribe

Great to hear Yvonne! I hope the leads keep coming in...

Rated 5 out of 5 stars

We are super impressed with the AIN…

We are super impressed with the AIN team, especially Ed and his team. As a new tech start up, raising capital is always the main focus to kick start the project. Without Ed and his team, we wouldn't have secured our funding, and close the round successfully. We cannot recommend AIN enough to businesses looking for investment.

February 27, 2020
Unprompted review
SeedTribe logo

Reply from SeedTribe

Many thanks Crystal and big congrats on closing your round!

Rated 5 out of 5 stars

Great team and support

Great team and support, an absolute pleasure to work with!

February 25, 2020
Unprompted review
SeedTribe logo

Reply from SeedTribe

Thanks Max! Delighted to hear that we've generated some useful leads for you. Best of luck with the rest of your funding round.

Rated 5 out of 5 stars

AIN are very professional and friendly

AIN are very professional and friendly. They helped raise £156k for Storelectric Ltd from 3 investors.

I have no hesitation in recommending AIN as a platform for other companies looking to raise money from serious investors.

February 15, 2020
Unprompted review
SeedTribe logo

Reply from SeedTribe

Many thanks for sharing your experience Jeff. Congrats on the fundraise and I hope we can help with more of your funding rounds in the future.

Rated 5 out of 5 stars

flypop

Extremely helpful and professional with amazing Global reach. Flypop was seed funded in one week!

February 12, 2020
Unprompted review
SeedTribe logo

Reply from SeedTribe

Hi Nino, many thanks for your kind words. Hopefully onwards and upwards for Flypop!

Rated 4 out of 5 stars

A successful SEIS raise with AIN

We worked with AIN to successfully complete a SEIS funding round. Working with Sam throughout the process, our experience was nothing but positive.

Sam proved to be extremely knowledgable and provided excellent support throughout the raise; always on hand to answer any queries and provide useful guidance. He took the time to meet the founders beforehand to get a robust understanding of the business, so that he could identify the best possible partners.

We had a number of very positive meetings which resulted in investment. I’m very happy to recommend AIN as we had a great experience with them.

February 12, 2020
Unprompted review
SeedTribe logo

Reply from SeedTribe

Hi Tom, Massive congrats on your fundraise! I hope we can help again in the future.

Rated 5 out of 5 stars

Thank you!

I big thank you, Sam! You did not only find us an investor with money but a passion for what we do and a hands-on approach that will help us along the way.

February 11, 2020
Unprompted review
SeedTribe logo

Reply from SeedTribe

Many thanks for your review! Delighted that could help with your fundraise and best of luck for the future.

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