DealMaker, a tech-enabled broker-dealer that specializes in online capital formation, is reporting that issuers using its platform raised over $104 million during Q3 of 2024.
The amount raised under the various securities exemptions, grew significantly when compared to previous quarters.
DealMaker shares the following information on funds raised in past quarters:
- Q2 2024 – $59 million
- Q1 2024 – $42 million
- Q4 2023 – $43 million
- Q3 2023 – $41 million
For Q3 of 2024, there were 90 individual securities offerings of which 18 issuers raised over $1 million.
DealMaker claims that issuers using their services “raised more in the first half of this year than any other platform—by a wide margin. Between Reg CF and Reg A alone, our issuers raised over $79 million.” This amount is said to be 149% more than the second-place platform.
DealMaker also points to a new feature available to its customers: an “Embeddable Reservation” feature. This allows issuers to test the waters (TTW) while collecting information if a securities offering is listed. This can be helpful in gauging investor interest. Additionally, DealMaker can enable issuers to provide an offering for the best supporters to create a “VIP experience” for investors.
DealMaker can help firms raise growth capital under Reg CF, Reg A, and Reg D. DealMaker also offers an Investor Relation service to better manage investors post funding.
