StartEngine

The future of investing is here.

StartEngine

The future of investing is here.

Los Angeles, CA
StartEngine helps everyday people invest and buy shares in startups and early growth companies. We believe in creating access: that everyone should be able to invest in the ideas that could become the great businesses of tomorrow and that entrepreneurs should be able to raise money from the public and those that believe most in them.

$12,403,685

raised
8,707
Investors
$221M
Valuation
$13.00
Price per Share
$506.25
Min. Investment
Common
Shares Offered
Equity
Offering Type
$41M
Offering Max
10
Days Left

$12,403,685

raised
8,707
Investors
$221M
Valuation
$13.00
Price per Share
$506.25
Min. Investment
Common
Shares Offered
Equity
Offering Type
$41M
Offering Max
10
Days Left

Bonus Rewards

Get rewarded for investing more into StartEngine

$500+
Investment
Owner's Discount
StartEngine shareholders who invested in any of our previous rounds of funding are eligible for a 20% discount on the share price of this offering. See below for details.
$1,000+
Investment
StartEngine Owner's Bonus
When you invest $1,000 or more, you receive the Owner's Bonus for one year and can earn 10% more when making other investments in participating campaigns on StartEngine. See below for the full list of benefits.

Updates

Our Financials for the First Half of 2020 & Upcoming Webinar

12 hours ago

We’ve just published our unaudited financials for the first six months of 2020 up to June 30th, and we are excited to share those financials with you in the final days of our current funding round. In the first six months of 2020, we generated more revenue than we did in all of 2019.

Here are some highlights:

  • Revenue: In the six months ended June 30, we generated $5,395,824 in revenue, an increase of $3,514,514 from revenue in the same period in 2019, a YoY increase of 186%.

  • Cost of revenue: Our cost of revenues during the six months ended June 30, 2020 were $1,518,632, an increase of $606,305 from the costs during the same period in 2019. That cost primarily increased due to the increase in the underlying revenue activity. We also improved our gross margins to 72% as compared to 52% in 2019.

  • Operating expense: Our total operating expenses in the first six months of 2020 were $4,165,840, an increase of $1,251,173 from the expense in the same period of 2019.

  • Net loss: We reduced our net loss from $1,933,735 in the first six months of 2019 to $371,883 for the first six months of 2020.

We believe we have the cash, assets, revenue, and access to funding that will be sufficient to fund operations until StartEngine starts generating positive cash flows from normal operations!

We’ve been talking about our momentum and growth with you for a while, and we are excited to finally be able to put that growth into perspective with actual numbers and show our revenue growth.

You can read our full Form 1-SA here to learn more about our unaudited financials for the six months ended June 30, 2020, and we will also be hosting a webinar on Thursday, September 24th at 11am PT where our CEO Howard Marks will walk attendees through those financials. There will be a Q&A at the end where you can ask questions directly to Howard about StartEngine as our current offering comes to a close. RSVP here!

This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

Over $10M Raised

9 days ago

In our last update, we noted that StartEngine raised the most capital for companies via Regulation Crowdfunding in the month of August. We decided to go back and crunch the numbers for the entire year. Here are the top 3 funding portals based on amount raised* via Reg CF since January 1st.

StartEngine has raised $40,786,372 (!).

Wefunder has raised $31,888,357.

Republic has raised $22,314,035.

We are proud to be a market leader so far in 2020 and help guide this emerging marketplace and gear up for the launch of our trading platform StartEngine Secondary in October.

We have raised over $1.2M in each of the past two weeks for StartEngine itself in our current offering, and we have welcomed over 1,700 new StartEngine Owners to our community. We are thrilled by our momentum. Let’s keep it up for the next XX days until our raise closes!

What Owners Are Saying About StartEngine

“It feels crucial to support entrepreneurs in a changing environment where Great Ideas need access to expertise for raising funds and supporting Brand Ambassadors that can help companies grow.” - Richard, a StartEngine Owner

*The data for amount raised was taken by tallying up KingsCrowd’s reports.

This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

The StartEngine secondary market is still currently under development. Furthermore, once development is completed, if a company is qualified to list its securities on the market, there is no guarantee that a demand for these securities will exist. Even if a company does meet the requirements for listing its securities, we do not know the extent to which investor interest will lead to the development and maintenance of a liquid trading market. You should assume that you may not be able to liquidate your investments for some time or be able to pledge these shares as collateral, if at all.

We Plan to Launch Our Trading Marketplace in October

10 days ago

After years of hard work, the time has finally come: subject to regulatory requirements, we plan to launch our trading platform StartEngine Secondary in October!

When this trading marketplace launches in October, there will only be one company trading to start: StartEngine itself will be the first company available to trade on Secondary.

This is our way of saying thank you to our 15,000 shareholders, some of whom have been StartEngine Owners for years. Many have asked about their options for liquidity and how they can have a chance to see a return on their investment, and we hope this may give them an opportunity to access that liquidity.

Sample Screenshot Not Representative of the Actual Trading Platform

StartEngine Secondary will be one of the first public trading marketplaces in the US for companies that have raised capital via Regulation A+ and Regulation Crowdfunding. Today if you invest in a company on StartEngine, typically you can't exit your investment until that company experiences a liquidity event, such as being acquired by another business or an IPO. Those events can take anywhere from 5-10 years to occur, if they occur at all.

We hope to change that in October. We plan to become a platform where you can not only invest in startups but also trade those startup investments on our public marketplace if available. We are excited to be pioneers in the equity crowdfunding space and bring potential liquidity to our community, and we hope to add more companies to StartEngine Secondary in the coming months.

In order to be one of the first users trading in October, you need to open an Investment Account*. Open your Investment Account here to be a part of StartEngine history, and stay tuned for a launch day announcement soon.

*All funds and assets in your Investment Account are held with our banking partner, Prime Trust.

The StartEngine secondary market is still currently under development. Furthermore, once development is completed, if a company is qualified to list its securities on the market, there is no guarantee that a demand for these securities will exist. Even if a company does meets the requirements for listing its securities, we do not know the extent to which investor interest will lead to the development and maintenance of a liquid trading market. You should assume that you may not be able to liquidate your investments for some time or be able to pledge these shares as collateral, if at all.

Over $9M Raised!

16 days ago

We’ve raised over $9M in our current Regulation A+ offering, officially making this StartEngine’s biggest own crowdfunding campaign of all time! Thank you to the 6,675 people who have invested in this round and made our growth possible!

Equity crowdfunding analytics platform KingsCrowd released their August funding report for Regulation Crowdfunding, and across the Reg CF industry, platforms like StartEngine raised a combined total of $20.4M!

StartEngine itself raised 39% of that total and was the #1 platform for amount raised in Regulation Crowdfunding for the month of August, making us the #1 platform in 6 of the 8 months so far in 2020!

There are only 26 days left to invest in StartEngine, so don’t wait to become a StartEngine Owner and be a part of our momentum!

This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

Celebrating Over $200M Raised on StartEngine

23 days ago

We are thrilled to announce that companies on StartEngine have now raised over $200M on our platform! Those funds have gone to 439 campaigns for companies in 53 different industries.

What excites us most about this milestone is how much our recent momentum plays a part in that $200M.  Let's break that figure down to show you what we mean:

Amount Raised Over Time on StartEngine

It took 1,743 days to raise our first $100M. Our second $100M took only 396 days.

Another way to think about it is this. Between November 10th, 2015 and July 28th, 2019, we raised funds at an average of $55.60 per minute. Between July 28th and now, we’ve raised an average of $175.36 per minute, and we have raised over $85M so far in 2020 alone.

As StartEngine grows, we will continue to work towards our company mission to help entrepreneurs achieve their dreams, launch more campaigns, and bring new and exciting investment opportunities to you. Thank you for being part of our journey so far.

Read more about this $200M milestone here.

Breaking Down Our Perks: Explaining the Owner’s Discount

about 1 month ago

Can you believe that StartEngine itself has raised over $20M from equity crowdfunding alone? This is our 3rd Regulation A+ offering to date, and we’ve done a handful of Regulation Crowdfunding offerings over the years as well.

We’ve welcomed over 5,000 investors in this current offering, bringing the total number of StartEngine Owners to over 13,000. We wanted to include a perk in this offering that rewards the investors who have been with us for the long haul and have been StartEngine Owners prior to this offering.

What is the Owner’s Discount? In essence, it gives our previous shareholders a 20% discount on the share price of this offering.  So instead of paying $11.25 per share, your discounted price per share is $9.00. This discount will take the form of bonus shares

So, if you invested in one of our previous funding rounds and decide to make an additional investment in this offering, you will receive one bonus share for each four shares purchased. For example, if you purchase 100 shares, you will receive 25 bonus shares. Therefore, you will receive 125 shares for the price of 100 shares, effectively a 20% discount.

The only people who are eligible for the Owner’s Discount are those who have invested in one of our previous funding rounds. In other words, they were StartEngine Owners prior to May 29th, 2020, when this current raise went live.

This perk is our way of saying thank you to those of you who have been with us from the beginning. We are so grateful for your support!

This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

Announcing Our Pitch Competition with Kevin O'Leary

about 1 month ago

Want to watch founders pitch their business to Mr. Wonderful? StartEngine* is hosting a live pitch competition on September 25th with renowned host of Shark Tank and pitch judge—Kevin O'Leary. Five companies will pitch, one company will walk away with a $10,000 grant from Mr. Wonderful.

The event is free to attend for anyone who wants to watch the event, and if you are an entrepreneur, this could be a great opportunity to pitch your company live and promote your brand in front of StartEngine's community!

Use this link below to sign up to attend the event or pitch your company. The deadline for all pitch applications is September 18th at 5pm PDT.

https://www.startengine.com/startengine-pitch-competition

We look forward to seeing you at the Pitch Competition!

*Competition hosted by StartEngine Crowdfunding, Inc.

Any finalist that chooses to pitch live will be subject to a six-month cooling-off period before being eligible to launch an offering on the StartEngine funding portal.

Kevin O'Leary is StartEngine’s Strategic Advisor, a StartEngine shareholder and a paid spokesperson, for more information, see: https://www.startengine.com/17b

Our Offering Is Now Open to Florida Investors!

about 1 month ago

Our Regulation A+ offering can now accept investors from Florida! If you have wanted to invest in this offering, but were unable to because you lived in Florida now you can!

This is the first time we have ever been able to accept Florida investors in one of our Regulation A+ offerings, and we have partnered with Dalmor, a third-party broker-dealer,  to make it happen.

Welcome Florida investors! Read through our campaign, and when you’re ready, become a StartEngine Owner.

This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

We Are Running Our First Ever TV Ads!

about 2 months ago

We are excited to share the news that we are running our first-ever StartEngine ads on television! Beginning this week, you can see StartEngine on Bloomberg and CNBC, and we may add other networks in the coming weeks.

The ads feature Mr. Wonderful talking about how anyone can discover startup investments on our platform, and we hope they bring in new investors to our community!

If you want to watch live, here are a few times our ads are running this week:

  • Bloomberg: later today, you can see our ad at 12:19pm PT, and tomorrow August 6th, you can watch our ads at 8:12am and 12:43pm PT

  • CNBC: today our ad is airing at 2:24pm and 3:52pm PT, and tomorrow August 6th, you can watch it live at 1:04pm and 3:08pm PT.

If you miss those times, you can see our whole ad schedule for the rest of the week here.

If you want to check out the ads, you can also watch our 30-second spot here and our 15-second spot here on our YouTube channel!

Earlier today, our ad aired next to a Geico commercial, and we’re excited to boost our brand awareness alongside established companies. Hopefully, StartEngine becomes a household name like Geico in the near future!

If you see us on TV, take a picture and share it on social media! Tag us and add a #startengineowner hashtag.

StartEngine in the News & Around the Web!

about 2 months ago

We wanted to share some exciting StartEngine mentions that we’ve gotten in the past week!

First, our Strategic Advisor Kevin O’Leary wrote a post about the strengths of equity crowdfunding for the blog Hacker Noon. In the post, Kevin describes the pitfalls of VC funding for entrepreneurs and why he believes equity crowdfunding is a great alternative for founders seeking to raise funding. Read it here!

Second, on the Prof G Show, a popular podcast hosted by entrepreneur, NYU professor, and best-selling author Scott Galloway, Scott answered a question on equity crowdfunding and gave StartEngine a shoutout! Check it out at 43 minutes and 23 seconds into the episode here.

As we continue growing, we hope to see more StartEngine mentions around the web as our brand awareness grows. Speaking of brand awareness, stay tuned for an exciting update next week!

StartEngine’s Biggest Raise of All Time!

about 2 months ago

This week, we set a new sitewide record: Knightscope officially became the largest raise of all time on StartEngine! They raised over $24.3M on StartEngine.

Knightscope was the first offering we launched through our wholly-owned broker-dealer subsidiary StartEngine Primary back in July 2019, and we are thrilled by their success. We hope Knightscope is able to use what they’ve raised to achieve their dream: making America the safest country in the world. 

We formed StartEngine Primary in 2019 with the goal of launching larger raises on the platform, and we hope Knightscope’s success shows that StartEngine is here to help companies raise all rounds of funding, from pre-seed to Series A and beyond. As we continue to launch more Regulation A+ offerings through StartEngine Primary, we are excited to bring you, our shareholders and our community, new investment opportunities.

Stay tuned for more updates coming soon!

Over $4M Raised!

2 months ago

We’ve raised over $4M in our raise so far! Thank you to all of the investors who have supported us so far in this offering. We’ve been live for a little over 7 weeks, and we have already raised more than half of what we raised in our previous Reg A+ offering. Here’s what some of our investors are saying:

“It's an awesome platform for investors to diversify and support businesses whose products and services align with their values. It's also a great way to support entrepreneurs and emerging businesses whose technologies will shape the 21st Century!” - David, a recent StartEngine investor

“You are doing great things for folks that may not be able to invest in startup companies as well as helping entrepreneurs [find] a way to raise money. I want to be a part of that.” - Don, a recent StartEngine investor

Join David, Don and the 3,434 StartEngine shareholders who have participated in this funding round so far!

These testimonials may not be representative of the experience of other customers. These testimonials are no guarantee of future performance or success.

StartEngine Is the Biggest Funding Portal in Q2, Raising $17M via Reg CF

2 months ago

As we pass the halfway point of 2020, we have been through some of the most turbulent months in recent memory. The stock market has shown dizzying volatility, and that volatility led to record numbers of growth for companies like E-Trade and TD Ameritrade, and that growth was also seen in the world of equity crowdfunding and StartEngine.

Companies raised $48.2M in Q2 this year, a 44.7% increase in investment compared to the $33.3M raised in Q1 this year. StartEngine accounted for more investment volume than any of our competitors, with $17M coming from our site. 

 Amount Raised Via Reg CF in Q2 by Portal

As the economic shutdown continues, investor activity has increased in the equity crowdfunding space, and our data shows this increased activity across all 10 of the largest funding portals.

As we published in our last update, StartEngine has already raised over $50M for companies so far in 2020, which is more than the $43M we raised in all of 2019! Through the rest of the year, we aim to launch more great investment opportunities for you and continue to solidify our place as the leader in equity crowdfunding in the US.

Read more Q2 statistics in the StartEngine Index and then invest in the largest funding portal by investment volume in Q2!

Companies Have Raised Over $50M on StartEngine in 2020

3 months ago


So far in 2020, companies have already raised more than $50M! Here are some fun facts about that figure:

  • Those funds went to 132 different companies from 26 states.

  • The $50M was composed of over 80,000 investments, from 130 different countries.

  • StartEngine's shareholders alone accounted for $22.8M of that $50M.

  • Companies on StartEngine raised $4M in the last week alone.

With so much investor activity on the platform, it's never been a better time to raise on StartEngine. In fact, StartEngine helped companies raise more capital via Reg CF in June than any other equity crowdfunding platform, per KingsCrowd, and that was also the case in May, April, February, and January this year.

We are thrilled by our momentum in 2020, and with your help, we plan to keep it up!

Calling All Entrepreneurs: RSVP to StartEngine’s Free Webinar Tomorrow

3 months ago


Traditionally, startups raise capital in multiple funding rounds, large injections of capital raised every 18 months to three years. During that fundraising process, the business can suffer as the founders focus on networking and securing the next round of investment.

But why does it have to work like that?

At StartEngine, we believe in the philosophy Always Be Raising. Instead of raising capital in large amounts when the company is desperate for it, have a raise open at all times, so that you can constantly bring in new capital and new investors that can spread the word about your business.

Tomorrow at 9am PT, we are hosting a webinar called "Fuel Your Growth With a Simple Principle: Don't Stop Fundraising" to discuss this very idea. We'll walk through the concept of Always Be Raising and how it works in practice. We'll also be joined by Jet Token, who has raised over $4M from more than 13,000 investors across a Regulation Crowdfunding and a Regulation A+ campaign.

RSVP below to learn how you can always be raising and ask questions directly to the StartEngine team and the founder of Jet Token: https://us02web.zoom.us/webinar/register/WN_ViG7Ula7T3yecXlQHXIKhw

If you know an entrepreneur looking for capital, share this update with them, so they can learn more about StartEngine too!

StartEngine’s New Regulation A+ Campaign Is Live!

4 months ago

If you haven’t noticed yet, our next Regulation A+ campaign has been qualified by the SEC! We are live once again and raising capital in our third Regulation A+ offering to date. 

We’ve got a brand new campaign page to showcase our growth and progress in the past year, including new developments such as:

  • Raising over $150M for companies on StartEngine

  • Establishing our broker-dealer subsidiary StartEngine Primary LLC

  • Forming a partnership with renowned businessman and investor Kevin O’Leary

In fact, we were featured in Benzinga this week! In an interview with our CEO Howard Marks and Kevin O’Leary, Benzinga wrote,

“The financial markets experienced a historic liquidation as investors withdrew their appetite for risk in the face of the coronavirus pandemic. The tightening of business conditions couldn’t come at a worse time as emerging companies look to continue funding their innovation. In search of viable alternatives, entrepreneurs and small businesses have taken interest in equity crowdfunding, a method of gathering funds directly from the general public.”

We’ve also got a brand new perk to reward those who have been with us for the long haul. If you invested in one of StartEngine’s previous rounds of funding, you are eligible for the Owner’s Discount, which gives you a 20% discount on the share price of this offering! This discount will be distributed in the form of bonus shares. So if you invest $1,125 at the original price of $11.25, your discount price per share will be $9, meaning you will receive 125 shares instead of 100.

Thanks for your support. It’s a difficult time for businesses across the country, and we are standing strong by our mission to help entrepreneurs, from any and every background, achieve their dreams.

This Reg A+ offering is made available through StartEngine Crowdfunding, Inc. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

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