Poliwogg is a crowdfunding platform for accredited investors specializing in emerging growth healthcare and life sciences companies. The platform has been on hold pending the lifting of the ban on general solicitation. As of September 23rd, the platform has announced that it has launched its online marketplace.
“Investors reviewing the companies we are presenting on Poliwogg will agree with us that The Best Is Yet to Fund,” CEO Greg Simon said. “We let investors put their money where their passions are in a way that has never been possible before.”
With the lifting of the ban on solicitation, Poliwogg may now advertise that it is seeking financing for its portfolio of private companies.
“This is a pivotal and historical moment for accredited investors and for emerging growth companies. Prior to the JOBS Act rule change, opportunities to invest in private companies were known only to a very small number of elite investors. Now, Poliwogg puts the power in the hands of millions of new accredited investors who can easily find information about emerging growth companies and invest in them,” added Simon. “With approximately 8 million Americans qualifying as accredited investors – and the majority of those never having invested in a private placement – we expect to see significant interest and growth in early stage investing.”