Fishidy Reels in $1.5 Million from Angel Investors

Fishidy, Inc., the premier online and mobile platform that delivers local fishing information, has officially closed its first outside round of financing.

Online PR News – 09-June-2014 – Madison, Wis. – Fishidy, Inc., the premier online and mobile platform that delivers local fishing information, has officially closed its first outside round of financing. “The funds will be used to accelerate the company’s goals of customer acquisition and new product development, building upon our existing base of 150,000 members attained over the past 15 months,” says Fishidy CEO, Brian Jensen.

The funds will be used to accelerate the company’s goals of customer acquisition and new product development, building upon our existing base of 150,000 members attained over the past 15 months

Fishidy received $1.5M in Series A Equity lead by Chicago-based angel investment group, Hyde Park Angels. 15 other investment groups and individuals rounded out the remaining investment, 10 of which are from the state of Wisconsin including Wisconsin Super Angel Fund, Brightstar Wisconsin, The Gialamas Company, Inc., Jeff Rusinow and other prominent individual investors. Fishidy will be able to leverage all of its Qualified New Business Venture Tax credits as part of the closing.

Out-of-state investors include Pennsylvania-based Gannett Fleming, Inc., Better Angels of Bozeman, MT and Michigan-based Bryan Johnson, founder of Braintree, among others.

Original news source: http://www.jsonline.com/business/madisons-fishidy-raises-15-million-from-angel-investors-b99282569z1-261530661.html

About Fishidy

Based in Madison, WI, Fishidy is an online platform where successful anglers connect for local fishing information through advanced fishing maps, real-time reports, and location-based technology. For details visit www.fishidy.com or contact Brian Jensen at 855.347.4439, info@fishidy.com.

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