St. Louis, Missouri based crowdfunding platform Nvsted announced on Thursday it was celebrating its first birthday. As previously reported, Nvested claimed its platform as the “first hyper-local regulation crowdfunding portal” around. Regulation Crowdfunding, or Reg CF as it is commonly called, enables issuers to raise up to $1.07 million in a highly structured environment. Only FINRA regulated “funding portals” or broker-dealers may issue securities under Reg CF. The funding platform description:
“Nvsted connects bright ideas with capital resources. Seeking funding or finding investment opportunities shouldn’t be complicated. We offer a straightforward approach to crowdfunding that makes it easy for investors and business owners to meet in St. Louis. Nvsted is a marketplace that gives St. Louis startups and established businesses the opportunity to offer debt or equity based securities to both unaccredited and accredited investors. The business decides the offering and the public will decide if they invest. Nvsted acts solely as the platform that allows these parties to connect.”
While celebrating its first birthday, Nvsted also revealed:
Nvsted turns 1 year old today! We’re the first #RegCF platform in the nation with a hyperlocal focus on #STL. We’ve received >$300k in investment commitments and have 3 campaigns going on now! Visit our site today to view the companies raising capital:https://t.co/y9DxuoC0k8 pic.twitter.com/8dP4r8S97U
— nvsted (@nvstedwithus) April 18, 2019
The three campaigns on Nvsted’s platform are dedicated to CAD Trailer Designs, Pluton Biosciences, and Centricrude Services.