StartEngine Crowdfunding Inc. has launched an equity crowdfunding platform in a bid to allow investing individuals the capacity to utilize public companies via a consolidated public platform, according to a StartEngine statement.
Under its new crowdfunding platform, StartEngine help connects potential investors, including a bourgeoning market pool, with a cascade of companies. This includes startup launch partners Elio Motors and mobile games publisher XREAL – the launch of its new crowdfunding platform will also enable a wide spectrum of startup investment opportunities for individuals.
Elio Motors partnered with StartEngine at the launch’s inception – the group is a transportation startup founded by Paul Elio. According to Mr. Elio in a recent statement on the launch, “Partnering with StartEngine was a natural fit, since Elio and StartEngine are both built on the principle of efficiency and cutting out unnecessary obstacles in the way of progress. StartEngine is poised to disrupt the course of traditional investment, just as Elio aims to alter the course of how people commute.”
Moreover, StartEngine’s new equity crowdfunding platform’s launch has also culminated in a partnership with XREAL, a startup mobile game publisher poised to specialize in eSports and mobile gaming.
Q8 Trade Gains Recognition for ‘Most Trusted Trading Platform in MENA’Go to article >>
“StartEngine’s alternative investing platform makes it possible for anyone to back the companies they believe in and truly share a stake in their success. We’re thrilled to be raising funds in a progressive and personal new way that better resonates with my generation,” added XREAL co-Founder Jordan Maron.
Indeed, StartEngine offers investors a taste of the equity crowdfunding realm via the provision of resources and information. Equity crowdfunding affords a number of advantages, including the ability to get in early and support startups for the longevity of any project or ambition.
According to StartEngine CEO Ron Miller in an accompanying statement, “At StartEngine, our goal is to not only become the leading equity crowdfunding platform, but to help entrepreneurs achieve their dreams. We’ve built an industry-leading platform to allow companies to take advantage of the greatest advancement for entrepreneurship in a generation. Companies can now advertise the sale of their stock and anyone, not just wealthy people, can invest.”
Earlier today, equity crowdfunding for non-accredited investors in the US became legal with Title IV of the JOBS Act, also known as Regulation A+. After a multi-year period of back and forth in the halls of the SEC, Regulation A+ officially got the go ahead and with it, a relation in rules for private companies to raise funds from non-accredited private investors.
StartEngine was founded in 2011 by Howard Marks, co-Founder of Activision and Ron Miller. The Los Angeles-based firm created is an equity crowdfunding platform, catering to a number of clients, namely by helping individuals invest in private companies on a public oriented platform.