Crowdnetic Releases Research Report on Crowdfunded Equities

CrowdneticCrowdnetic released its PIPR (Private Issuers Publicly Raising) report with a focus on data analysis on equities-based crowdfunding. Based on data that has been aggregated and normalized since September 23, 2013 up to May 31, 2014 from thousands of PIPRs, the new report shows that the crowdfunding industry continues to gain traction in the marketplace. Including 28 charts and tables, 19 of which deal specifically with state data, the report provides an analysis of PIPR performance across the nation based on details such as sector, industry, number of active PIPRs and recorded capital commitments.

The report shows that five states in particular—California, New York, Texas, Florida and Illinois—dominate in terms of number of PIPRs and recorded capital commitments. California leads on all fronts and in all sectors. The predominance of California may be explained, in part, by its population; however, another explanation can be attributed to the entrepreneur-friendly culture of the San Francisco Bay area and Silicon Valley.

Previous reports released by Crowdnetic have displayed a consistent and steady progression in PIPR activity during the eight months since the implementation of the JOBS Act Title II and this one follows the same trend. The Services and Technology Sectors continue to garner the largest share of capital commitments as well as drawing the highest number of PIPRs. Rounding out the top three sectors in terms of capital commitments is the Financial Sector, from which the two real estate industries claim two of the top three spots among industries based on recorded capital commitment.

“As we continue to gather industry data, we are very pleased to be providing an unbiased analysis of the marketplace,” said Luan Cox, CEO of Crowdnetic. “Crowdnetic is excited to be at the forefront of the global crowdfinance industry by increasing awareness, implementing structure and fostering a transparent community.”

 

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