Equity Crowdfunding by the Numbers: January ’23
42% of, say…a pizza is probably too much, but StartEngine took a HUGE bite out of a different kind of pie this month. A record number of companies earned our “Hot Off the Press” award, and the transportation sector raised some serious dough. Here’s January in review.
The Topline
Industry wide, regulation crowdfunding offers (Reg. CF) finished January at $21.1M raised, a slight bump over December. Meanwhile, offers under Reg. CF’s “older cousin” Regulation A+ (Reg. A+) clocked $5M. At least, that’s according to KingsCrowd – they track this stuff.*
Let’s talk about that 42%. Again, per KingsCrowd, in January StartEngine brought in $11M in funding between Reg. CF and Reg. A+ combined. Before you whip out your pocket calculator – yes, that’s 42% of the reported total.* It also puts us more than $4M ahead of the runner up.
*Source = https://kingscrowd.com/markets/. Please note a KingsCrowd Edge Subscription is required to access this report. The report only includes platforms selected by KingsCrowd and excludes real estate- and collectibles-only platforms, as well as Reg. D offerings and all raises limited to accredited investors.
Top Equity Crowdfunding Platforms via Reg. A+ & Reg. CF Combined*
*Source = https://kingscrowd.com/markets/. Please note a KingsCrowd Edge Subscription is required to access this report. The report only includes platforms selected by KingsCrowd and excludes real estate- and collectibles-only platforms, as well as Reg. D offerings and all raises limited to accredited investors.
Founders We're Celebrating (look out in your inbox)**
Equity crowdfunding is famously, well…all about the crowd. That’s why each month, we recognize founders who go above and beyond to help us grow our community – or crowd – of investors through our “Hot Off the Press” awards.
“Hot Off the Press” Recipients January:
For bringing 100 first-time investors to StartEngine within 30 days of launch.
**Why am I seeing these companies? Review how StartEngine promotes offerings here.
Climbing to the Top of the Funding Ladder in January
Investors are already thinking about spring break – at least, you would guess as much based on the January numbers. The transportation sector led the fundraising pack at $3.9M between Reg. CF and Reg. A+. Following close behind were SaaS sector businesses and Media & Entertainment.
January Winners by Reg. CF & Reg. A+ Combined*
Transportation
$3.9M
SaaS
$3.5M
Media & Entertainment
$3.5M
*Source = https://kingscrowd.com/markets/. Please note a KingsCrowd Edge Subscription is required to access this report.
