Equity Crowdfunding by the Numbers: Q4 ’22
2022 has officially drawn to a close. That means, in addition to everyone trying to collectively remember the words to Auld Lang Syne, the numbers from Q4 are out. And not to toot our own horn, StartEngine led competitors Wefunder and Republic for the quarter…again. Oh, and by the way – we beat them for the entirety of 2022, too.
According to KingsCrowd (they track this sort of thing),* the equity crowdfunding industry added $18.6M in regulation crowdfunding (Reg. CF) investments in December and $17.6M in investments under regulation A+ (Reg. A+). All told, that’s $36.2M total or just under 30% of funding commitments for the entire quarter – which clocked in at $123M industry-wide.
As for StartEngine, we finished the quarter at $33.9M in investments through Reg. CF and Reg. A+ combined through our funding portal and broker-dealer, respectively. How does that stack up to the competition? We’re glad you asked because it puts us well ahead of Wefunder at $23.9M and Republic at just $17.2M raised for the quarter. We’d call that a comfortable finish to another year in the lead.
*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.
Amount Raised via Reg. A+ & Reg. CF 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" Recipients December:
For bringing 100 first-time investors to StartEngine within 30 days of launch.
"Crowd Pick" Recipients November:
For bringing 300 first-time investors to StartEngine.
**Why am I seeing these companies? Review how StartEngine promotes offerings here.
Industries Topping the Funding Ladder in Q4:
Everyone loves holiday movies – or so it would seem based on the Q4 investment totals for Media, Entertainment & Publishing companies. Across the industry, they took home over $16.6M in funding between Reg. CF and Reg. A+ combined. Real Estate & Construction companies spent yet another quarter at the top of the leaderboard with a grand total of $14.1M in funding. Rounding out the top three are Healthcare & Pharmaceutical companies, who clocked in at $13.4M for the quarter.
Q4 Winners by Reg. CF & Reg. A+ Funding Combined*
Media, Entertainment & Publishing
Real Estate & Construction
Healthcare & Pharmaceuticals