Crowdfunding platform EarlyShares raised $1.15 million in its first round of funding, according to VentureBeat. EarlyShares raises money for businesses by selling equity shares to small investors, a different business model than competing platforms like Kickstarter or IndieGoGo which follow a donation-based model.

Miami-based EarlyShares hopes to support a broad variety of companies, “ranging from technology startups to organic dog food companies.” According to VentureBeat, people would be able to invest up to $10,000 per year, or 10% of annual income, and no more than $2,000 per investment.

Learn more at VentureBeat’s website.