StartEngine, one of the leading investment crowdfunding platforms in the US, has raised $6.4 million in a Reg A+ self-crowdfunding round with 2 weeks left to go.
As of today, 5,440 investors have participated in the offering that values the platform at almost $120 million.
StartEngine, a full-stack platform that enables securities issued under Reg CF, Reg D as well as Reg A+, touts its growth since launch in 2011.
During 2018, StartEngine’s revenue topped $4.6 million or $55.60 per minute.
In total, StartEngine has raised over $100 million for issuers.
On StartEngine’s roadmap is a secondary marketplace for issued securities. As was previously reported, StartEngine now has both a broker-dealer license as well as approval to operate an alternative trading system (ATS).
Reg A+ issued securities are tradable upon issuance. Under Reg CF, investors must hold the security for one year before a transaction.
Over the next ten years, StartEngine hopes to raise over $10 billion for private companies supported, in part, by retail investors.
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