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SeedInvest CEO Ryan Feit, right, with SeedInvest adviser Sherwood “Woodie” Neiss during a trip to Washington to meet with bankers and regulators, believes his crowdfunding platform can help streamline investing.

A crowdfunding platform called SeedInvest is betting that investors want a little privacy as they review and back promising startups online.

The site recently rolled out SeedInvest Groups, a feature that lets managers of angel groups invite members to review deals and fund companies without doing so in the view of industry onlookers.

Privacy features like this could help curb the “herd mentality” that often plagues investing, suggests Ryan Feit, the chief executive of SeedInvest.

To read the original article: SeedInvest Raises $1M To Help Angels Invest Online–Privately - Venture Capital Dispatch - WSJ