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When we announced we’d be offering StartEngine shares to the public on our own site, we were eight months into a runaway year.

Record numbers of companies were raising capital, investors were fueling a hot streak of million dollar raises, and hundreds of thousands of people, like you, were becoming aware of the potential provided through the JOBS Act.

But the numbers presented in our application mostly speak to none of that — they’re primarily for 2016 and 2015.

Here’s what 2017 brought:

Revenue is up.

2017 revenue was $2,053,737*. That’s a 566% increase from 2016.


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The following data covers Regulation Crowdfunding raises between May 16, 2016, and November 30, 2017. Data is sourced from all publicly disclosed Form C filings with the SEC, as well as public websites.

Standard Analysis

Index: 766

The Index increased by 10% this month, up 4% from last month. Since inception, the Index has grown steadily month-to-month. To date, companies have raised over $76.6 million.

The net increase this month is +$8 million.

Top Campaigns

The top raise in November is from Waverly Labs on the StartEngine platform. Waverly reached the maximum for Regulation CF in less than 72 hours. …


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The following data covers Regulation Crowdfunding raises between May 16, 2016, and October 31, 2017. Data is sourced from all publicly disclosed Form C filings with the SEC, as well as public websites.

Standard Analysis

Index: 686

The index increased by 6%. The forward momentum in the equity crowdfunding marketplace continues.

Total Capital Raised

Companies have raised just over $68M since the Reg CF inception. The net increase reported from September’s Index is +$1M.

However, the September Index (and all previous indices before that) accounted for all SEC submissions, not respective raises. Occasionally companies submit duplicative material to the SEC, or close campaigns without having disbursed on funds. …


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The following data covers Regulation Crowdfunding raises between May 16, 2016, and September 30, 2017. Data is sourced from all publicly disclosed Form C filings with the SEC, as well as public websites.

New(!) Analysis

Gender of Founders

This month, we analyzed the gender of the founders and founding teams of companies that raised via Regulation Crowdfunding.

We are proud to report that over 23% of funding dollars went to female founders or co-founders. On the contrary, in 2016, it’s reported that only 4% of VC funding went to women.


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The following data covers Regulation Crowdfunding raises between May 16, 2016, and August 31, 2017. Data is sourced from all publicly disclosed Form C filings with the SEC.

Index: 612

The index has increased by 17.7%. Since August 2016, the compounded annual growth is now at 27.7%, showing accelerated growth in the recent months.

Wowza.

Total Capital Raised

Across all platforms, companies have raised nearly $61M through Reg CF.


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The following data covers Regulation Crowdfunding raises between May 16, 2016, and July 31, 2017. Data is sourced from all publicly disclosed Form C filings with the SEC.

Index: 523

The index has increased by 11.3% this month. Read up on last month’s Index here. Cheers to growth!

Total Capital Raised

Across all platforms, companies have raised nearly $52M through Reg CF.


Swipe / Insert / Fund the Future

If we’re being honest, there have been only three revolutionary moments in U.S. credit card history:

1969 — The Advent of the Magnetic Stripe

Magnetic tape had been around since the turn of the century, primarily for audio recording, but hadn’t been used commercially until 1969. It was then that Forrest Perry, an engineer at IBM, discovered the potential of tracking credit by adhering a magnetic stripe to a small card.

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Via tumblr.

Fun(?) Fact: The magnetic stripe was first used to track passengers in the London Tube and onboard California’s BART.

2015 — The Chip Arrives, Drives Everyone Insane

It was a mere two years ago when U.S. security officials instituted a “liability shift” from the card swipe to the ol’ insert-and-wait. Ah 2015. What a simple time. The system, known as EMV (which somehow stands for “Europay, Mastercard, and Visa”), was intended to make transactions more secure, and successfully did so in other countries. However, U.S. …


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Your monthly look at Regulation Crowdfunding.

*Revised 6/9/2017 at 12:22PM

Background

Upon the one-year anniversary of the adoption of Regulation Crowdfunding in the U.S., StartEngine developed an index to track the progress of the entire industry. We will report on trends monthly, and will add information across equity crowdfunding regulations as it becomes available. Stay tuned!

June 2017

The following data covers Regulation Crowdfunding raises (only) between May 16, 2016, and May 31, 2017. Some data deals directly with the first six months of 2017. Data is sourced from all publicly disclosed Form C filings on the following portals.

Index: 387

At the end of May 2017, companies had raised over $38M in funding through Regulation Crowdfunding. Since July 2016 (when the first campaigns began closing on their funding rounds) the index has had a compound monthly growth rate of 16%. …


California is home to many big-name IPOs—but there are more ways in than the IPO.

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Ah California. Home of Silicon Valley. Home of Silicon Beach. Home of more billionaires than every other country in the world except China and the U.S. When it comes to creating companies that change the world, California is often depicted as paradise.


Women are opening businesses at a faster rate than men, but that doesn’t mean they’re necessarily finding capital.

In honor of International Women’s Day, we wanted to check in on the state of women in small business.

The good news: 40% of all new entrepreneurs in the United States are women. And just in the last year, the growth rate of female entrepreneurship doubled that of men.

The not-as-good news: Female-led startups still face major uphill battles when it comes to expanding beyond early growth stage. Companies founded by women account for less than a third of $1M+ revenue companies. Some researchers describe the discrepancy as a “scale-up gap.” …

About

Ryan Hynes

Director of Community, StartEngine

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