December 07, 2018 • 3 Min Read
The StartEngine Index: November 2018 - StartEngine


November 2018
The following data covers Regulation Crowdfunding raises between May 16, 2016, and November 30, 2018. Data is sourced from all publicly disclosed Form C filings with the SEC, as well as public websites.
Standard Analysis
Index: 1567
In November, companies raised just over $5.6M via Regulation Crowdfunding, a bit more than half of October’s record-setting $10.9M. Investors must have been too full of Thanksgiving turkey, distracted by family reunions and football rivalries, to continue investing at the rate they did in October, whose $10.9M was the most raised in a single month in 2018.
To date, the total capital raised via Regulation Crowdfunding is $156.8M. The Index grew 3.2% this month.
Funding Portals in November

StartEngine had a strong month in November, raising $2.9M, just over half of all the capital raised via Regulation Crowdfunding that month. Wefunder followed with $1.5M, then SeedInvest with $414K.
Industry In November

In November, Social Media businesses raised the most capital with $1.1M. To date, Social Media companies have raised $3.7M, so this is a significant increase
Gender

To date, 302 female entrepreneurs have launched a Regulation Crowdfunding offering, nearly 23% of offerings to date.
For context, female founders received 2% of VC capital in 2017.
Success Rate

348 Regulation Crowdfunding Campaigns have successfully raised capital, and 327 have failed since Regulation Crowdfunding was implemented in May 2016. Fundraising isn’t easy, whether you raise from the crowd or private placement. There are 624 offerings currently in progress, indicating growth and future promise for this method of fundraising.
Campaigns that are “not yet opened” are those that
Did You Know?
Companies that use Regulation Crowdfunding to raise capital have an average revenue/sales of $309K in the most recent fiscal year.
Raising in Los Angeles
57
campaigns in progress — up 6 from last month
6
new offerings filed with the SEC, up 2 from last month
~$366K
raised in November