DealMaker, a broker-dealer and tech platform that allows firms to raise money online from the full stack of securities exemptions, says it has helped issuers raise over $14.5 million during the month of September. In the past, September has been a strong month for online capital formation, but venture capital markets are enduring a challenging economic climate, so a strong showing from DealMaker is encouraging for the industry in general as well as for issuers.
DealMaker also highlighted a recent funding round for Baxabl, a serial crowdfunding issuer, which cruised to over $3.26 million in a Reg CF offering in under nine hours.
https://x.com/Dealmakertech/status/1708845139748172189?s=20
According to the DealMaker website, since its inception, the platform has helped companies raise more than $2 billion. This includes funding rounds under Reg CF, Reg A+, Reg D and other pathways. DealMaker is representative of a new iteration of online capital formation that goes beyond the funding round but aims to support companies raising multiple rounds while providing support for shareholder management and compliance tools.