June 11, 2023 • 2 Min Read
Equity Crowdfunding by the Numbers: May 2023 - StartEngine
Sometimes, it’s just your month. On top of acquiring SeedInvest,**** StartEngine led the industry yet again in May, with a full 45% of equity dollars raised. Here’s May in review.*
The Topline
Equity crowdfunding publication KingsCrowd has released the May numbers, and funds raised under Regulation Crowdfunding (Reg. CF) reached $23.7M for the month. Meanwhile, offers under Regulation A+ (Reg. A+) accounted for another $4.2M raised, bringing the industry total for equity deals to $27.9M.*
What’s the difference between Reg. CF & Reg. A+?
How did StartEngine fare, you ask?
Between Reg. CF & Reg A+ combined, $12.6M was raised on our platform last month – close to half of the industry total.** Compared to runners up Wefunder and Republic, well, we’ll let the numbers speak for themselves…
May 2023 Funding Totals via Reg. CF & Reg A+ Combined*
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” and “Crowd Pick” awards.
“Hot Off the Press” Winners May
For bringing 100 first-time investors to StartEngine.
- Allergenis … awarded May 12
- DoneGood … awarded May 13
- Drink Monday … awarded May 17
- Yéyo Tequila … awarded May 20
- Truffle Shuffle … awarded May 31
“Crowd Pick” Winners May
For bringing 300 first-time investors to StartEngine.
- Blackout Coffee … awarded May 19
- Pashion Footwear … awarded May 25
*Source: https://kingscrowd.com/markets/. Please note a KingsCrowd Edge Subscription is required to access this report.
**Includes funds raised via Reg. CF and Reg. A+ combined through StartEngine’s funding portal and broker-dealer, as well as StartEngine’s own raise.
***Why am I seeing these companies? Review how StartEngine promotes offerings here. These Reg CF offerings are made available through StartEngine Capital, LLC. These investments are speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
****See details here.
