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StartEngine

From EverybodyWiki Bios & Wiki

StartEngine
ISIN🆔
IndustryCrowdfunding
Founded 📆
Founders 👔Ron Miller, Howard Marks
Headquarters 🏙️, ,
United States
Area served 🗺️
United States
ServicesEntrepreneurship, startups, investment
Members
Number of employees
🌐 Websitewww.startengine.com
📇 Address
📞 telephone

StartEngine is an equity crowdfunding platform that connects startups with investors online. They were involved in pressing the Securities and Exchange Commission to establish rules for new Regulation A funding options under the JOBS Act passed in 2012.[1]

Regulation A Crowdfunding[edit]

StartEngine had two offerings begin gauging interest on the day newly established rules for equity crowdfunding went into effect, June 19, 2015.[2] Elio Motors became the first offering to complete Regulation A funding through StartEngine in February 2016, raising $17 million in equity from more than six thousand unaccredited investors.[3]

In June 2018, StartEngine closed its Regulation A funding for $5 million.[4][5] Immediately following the close of the funding round, the company announced its initial coin offering (ICO) seeking to raise $10 million.[4]

References[edit]

  1. https://www.forbes.com/sites/devinthorpe/2014/09/09/grassroots-lobbying-effort-asks-sec-to-issue-final-crowdfunding-rules/#788f997f7d57
  2. https://www.crowdfundinsider.com/2015/06/69817-startengine-fires-up-equity-crowdfunding-as-regulation-a-allows-anyone-to-invest/
  3. https://www.inc.com/jeremy-quittner/elio-achieves-billion-dollar-threshold-in-two-days.html
  4. 4.0 4.1 "StartEngine Hits $5 Million Crowdfunding Goal, Announces $10 Million Initial Coin Offering | Crowdfund Insider". www.crowdfundinsider.com. Retrieved 2018-09-18.
  5. "StartEngine Closes Funding Round and Announces ICO". Retrieved 2018-09-18.



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