On Monday, equity crowdfunding platform, truCrowd, announced that three companies are now ready to accept Texas non-accredited and accredited investors.
Taking advantage of the relatively new Texas crowdfunding exemption, the state’s non-accredited investors can now invest up to $5,000 in any equity offerings and become shareholders. The three companies now on the platform are the following:
- pmBLOX, Inc: an MS Project alternative, already developed with SBIR (government) funds
- Shayne Foods, Inc.: a Texas gourmet foods manufacturer
- PocketGlobe, LLC: an app for all your local needs.
Joseph Whittington, CEO of PocketGlobe, LLC., stated:
“The whole process of getting listed was not at all complicated, even if at first look it seemed unapproachable.”
CEO of Shayne Foods, Inc., Wayne Lowery, Jr., commented:
“Our costs to get listed were nominal, truCrowd has no upfront fees, we had to pay only for two mandatory third party services.”
truCrowd enables local startups and businesses from any industry to raise up to $1 million per year from both non-accredited and accredited investors in Texas. It was launched earlier this year and provides a secure platform where both parties can transact securities.
CMO of truCrowd, Claudia Ecobici, previously stated:
“Operating in a new industry with new regulations and new actors, we understand that our users might feel overwhelmed by all the information and requirements. We have made a priority out of assisting them before and during the capital raising and investing process.
“truCrowd offers an in-depth Support page, a blog, free e-books and newsletters which provide everything entrepreneurs and investors need to know about Texas equity crowdfunding, truCrowd’s services and features and general startup practices. I encourage everyone to give it a try.”
Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!
