VC-backed Crowdit adds three to board of advisors

CrowdIt has named Dr. Richard Swart, Geoffrey Fasel of Polsinelli PC and Allen Kunkel of Missouri State University’s Department of Research and Economic Development to its board of advisors. Based in Springfield, MO, CrowdIt is a crowdfunding portal that is backed by Baron VC.


SPRINGFIELD, Miss., Nov. 7, 2013 /PRNewswire/ — CrowdIt (, the first company to bring business networking and support services into the crowdfunding experience, announced crowdfunding expert Dr. Richard Swart, Geoffrey Fasel of Polsinelli PC, and Allen Kunkel of Missouri State University’s Department of Research and Economic Development as the newest members of its Board of Advisors. They join current advisor members Guy and Colby Mace of Baron VC. CrowdIt goes beyond simply funding great ideas and focuses on supporting success through peer and expert consulting and support, business networking and sharing of best practices and knowledge.
“I am excited to support CrowdIt’s vision and be part of its growing success,” said Dr. Swart. “CrowdIt has an innovative approach of merging mentorship into the process, it is a unique and potentially disruptive model and I believe it has great potential to radically change the business models for crowdfunding platforms.”
Dr. Swart currently serves as the Director of Research, Program and Innovation in Entrepreneurial and Social Finance at the University of California, Berkeley ( Dr. Swart has played a critical role in establishing the Crowdfunding Professional Association (CfPA) ( and the Crowdfunding Intermediary Regulatory Advocates (CFIRA) ( and is a well-known, respected member of the crowdfunding community.
Fasel ( is a partner with a national law firm. His areas of expertise include corporate finance and securities; mergers, acquisitions and divestitures; high-growth ventures and venture capital. Fasel has acquired a wealth of business knowledge regarding business formation, operation, aggregation and attraction of capital as well as strategic exits. Fasel’s diverse and intricate knowledge of business and capital makes him a great asset to CrowdIt’s community.
Kunkel is Associate Vice President for Economic Development and Director of the Jordan Valley Innovation Center at Missouri State University. He has played a crucial role in supporting the mission of the Innovation Center, which is to support businesses whose concentration is advanced technology, biotechnology, life sciences and nanotechnology research and development. He helps coordinate the resources of the federal, state and local governments with the resources of Missouri State University to promote business and industrial growth by blending entrepreneurship with research, innovation and commercialization. In addition, Kunkel is responsible for engaging the University in economic development activities, including the development of IDEA Commons and development of the University’s newly opened business incubator, The eFactory (
“We are thrilled to have each of these esteemed business professionals join CrowdIt’s Board of Advisors,” said Jason Graf, CEO of CrowdIt. “We plan to leverage their wealth of knowledge and experience to have an even greater positive impact on the crowdfunding industry. We are building a great team that has a shared goal of helping others achieve their dreams.”
To learn more about CrowdIt, please visit (
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About CrowdIt
Based in Springfield, MO, CrowdIt ( is the first company to bring business networking and support services into the crowdfunding experience. Unlike first-generation crowdfunding sites, CrowdIt offers more than a place to raise capital. It is a community of Dreamers, Believers and Suits who believe in the power of an idea, passion or project. CrowdIt presents an end-to-end crowdfunding community that promotes success after funding, through networking, peer review and expert advice. A start-up, CrowdIt is privately held and backed by venture capital firm Baron VC. For more information, please visit (