Fort Collins startup Community Funded raises $1.8M seed round

FORT COLLINS — Local crowdfunding startup Community Funded has raised a $1.8 million seed round of funding that the company will use to increase sales and marketing efforts and fine-tune its software in advance of scaling the business.

The Fort Collins-based firm sells white-label software to universities and other nonprofits that those clients can use to execute their own crowdfunding campaigns for any variety of needs or smaller groups within their organizations. So, for example, while university fundraisers making cold calls to alumni might be met with resistance, those same alumni might feel more compelled to give to an appeal directly…