Wellesley, MA (PRWEB) October 10, 2013
DreamFund today announced the launch of their social savings platform DreamFund.com.
DreamFund™ is the simplest, safest, most engaging way for people of all ages to save for their personal dreams or support someone else’s. From an iPad® for the holidays to a college fund for the future, the platform helps dreamers gather the financial fuel for their dream by organizing support from their social networks, friends and family. Each dream is linked to a savings account that is FDIC insured and can earn interest.
As of today, DreamFund also announced the beginning of their invitation-only beta period. Individuals interested in joining the invite list can do so at DreamFund.com.
“People tell us they struggle to gather the resources to achieve their dreams,” said CEO Kent Plunkett. “Our vision is to harness the power of crowdfunding to build a better way for dreamers to ask for support and share their progress in a simple and effective way.”
But dreamers are only half the equation – the funders and their needs are important too. “Funders tell us they want confidence that their money will be spent for the purpose it was given,” said Peter Crosby, CMO and Chief Dreamer. "That’s why our tools includes the Dreamer’s Promise™, an agreement between the dreamer and their supporters which can be backed up with configurable spending rules and controls.”
Using DreamFund is simple and fun. Here’s how it works:
1. Create – set up the dream in just minutes
2. Promise – explain how the money will be spent
3. Inspire – attract funders using step-by-step personalized marketing tools
4. Celebrate! – share success with supporters
The founding management team combines over seventy years of software and internet start-up experience including eight exit transactions. Kent Plunkett, CEO, and Yong Zhang, COO and CTO, previously spent twelve years working together founding and leading Salary.com from its initial launch to a successful 2007 Initial Public Offering. Peter Crosby is DreamFund's CMO and served most recently as Director of Product Marketing and Content Marketing at Constant Contact. The company is funded by management and investors who share our vision for making the world a better place to live by helping people achieve their dreams.
DreamFund is a social savings platform that helps people of all ages crowdfund their personal dreams or support someone else’s. The DreamFund platform combines crowdfunding, savings accounts, and personalized marketing functionality to help individuals and families gather the financial fuel to achieve their dreams. With the Dreamer’s Promise™ process and technology, we also help funders give with confidence that their money will be spent as intended. For more information, visit us at DreamFund.com.
For more information, contact: Peter Crosby, Chief Dreamer, at Peter(at)DreamFund(dot)com or by phone at 781-431-8801.