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StartEngine

StartEngine

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.

StartEngine
IndustryCrowdfunding
FoundersRon Miller, Howard Marks
HeadquartersLos Angeles,United States
Area served
United States
ServicesEntrepreneurship, startups, investment
Websitewww.startengine.com

Regulation A Crowdfunding

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 over six thousand unaccredited investors. [3]

Offerings

NameMarketLocatedNumber of InvestorsInvested SumFunding Stage
Elio MotorsAutomobilePhoenix, AZ6600$17 MillionCompleted
XTI AircraftAircraftEnglewood, COAccepting investments
Dubuc MotorsAutomobileSanta Monica, CATesting the waters
SONDORS Electric CarAutomobileMalibu, CA1757$1 MillionCompleted
GolfBoardSportsBend, OR1174$1 MillionCompleted
Green Sense Farms, LLCAgriculturePortage, IN432$640,500Completed
LRF Thoroughbred Fund, LLCSportsWoodland Hills, CA182$292,500Completed
Snapwire Media Inc.SoftwareSanta Barbara, CA163$179,065Completed
Baqua, Inc.BeveragesLexington, KY31$35,700Completed

References

[1]
Citation Linken.wikipedia.orgThe original version of this page is from Wikipedia, you can edit the page right here on Everipedia.Text is available under the Creative Commons Attribution-ShareAlike License.Additional terms may apply.See everipedia.org/everipedia-terms for further details.Images/media credited individually (click the icon for details).
Aug 3, 2016, 5:35 AM
[2]
Citation Linkforbes.comLink on forbes.com
Aug 3, 2016, 5:35 AM
[3]
Citation Linkcrowdfundinsider.comLink on crowdfundinsider.com
Aug 3, 2016, 5:35 AM
[4]
Citation Linkinc.comLink on inc.com
Aug 3, 2016, 5:35 AM