General StartEngine Index

Equity Crowdfunding in Review: April 2019

May 20, 2019 3 min read

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Equity Crowdfunding in Review: April 2019

The following data covers Regulation Crowdfunding raises between May 16, 2016, and April 30, 2019. Data is sourced from all publicly disclosed Form C filings with the SEC, as well as public websites.


Standard Analysis

Index: 1989

In April, companies raised $11.4M, slightly down from March’s record for the largest month of Reg CF funding ever with $11.8M raised. Regulation Crowdfunding continues a strong push this spring, and the Index grew 6% in April.

In total, companies have raised $198.9M via Regulation Crowdfunding, just shy of $200M.

Top States

Capital Raised Via Reg CF in April by State

California raised the most capital last month, with $3.7M raised. Utah followed with $1M, and Pennsylvania with $937K.

Top Industries

Capital Raised via Reg CF in April by Industry

The Food & Beverage industry maintained its place at the top in April, raising just over $3M. Education followed, raising $989K, largely led by the successful raise of Generation Genius, a self-described “Netflix for the classroom,” that recently raised $1.07M on StartEngine.

Counties Using Regulation Crowdfunding

Capital Raised via Reg CF in April by County

San Diego County raised the most capital in April, with $1.5M raised. Los Angeles County raised $1.2M and Weber County (outside Salt Lake City, Utah) raised $934K.

April’s 5 Largest Raises

Largest Reg CF Raises in April by Platform

StartEngine and Wefunder each had 2 of the top 5 raises in April. It’s exciting to note that all 5 raises came within $302 or less of the $1.07M maximum raise amount under Regulation Crowdfunding.

StartEngine In April

Capital Raised via Reg CF on StartEngine by Company

Generation Genius had a big month, raising $767K, the most capital raised by any Reg CF offering on StartEngine in April. Geopulse Explorations, otherwise known as CannCo, raised $139K, and Jet Token raised $138K.

Did You Know?

On average, companies had a 45% higher revenue in the past fiscal year if they were a corporation as opposed to an LLC.

Raising in Los Angeles

18

campaigns in progress, down 4 from the previous month

6

new offerings filed with the SEC, up 2 from the previous month

$1.2M

raised in April