StartEngine is currently in the Test the Waters Phase for Title IV investments.

StartEngine

The future of investing is here.

StartEngine

The future of investing is here.

Los Angeles, CA
Financial Services
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. StartEngine is the 10th fastest-growing private company in California, according to the 2020 Inc. 5000 Series list.

$6,264,216

reserved
1,190
Reservation Holders
$500.00
Min. Investment
$11.25
Price per Share
$190M
Valuation

$6,264,216

reserved
1,190
Reservation Holders
$500.00
Min. Investment
$11.25
Price per Share
$190M
Valuation

Updates

Recapping StartEngine's Annual Shareholder Meeting

15 days ago

On Monday, May 11th, StartEngine CEO Howard Marks and Chairman of the Board Ron Miller held our annual shareholder meeting. Here's what you missed:

  • StartEngine's CEO Howard Marks and Ron Miller, Chairman of the Board, reviewed our 2019 financials.

  • They also discussed recent trends with the StartEngine business, from our new partnership with Kevin O'Leary to the SEC's temporary COVID-19 relief and how it affects the companies raising on StartEngine.

  • Finally, Howard and Ron also walked attending shareholders through StartEngine's marketing strategy, before fielding live questions for 40 minutes.

If you'd like to learn about our 2019 financials and see what we have planned in 2020, you can view the slide deck here and watch a recording of the meeting here. We also wrote up a blog post that recaps some of what we discussed over the course of the hour, which you can read here.

We're excited about what the future holds for StartEngine, and we hope you decide to join us as a StartEngine Owner.

Meet Our New Strategic Advisor

about 2 months ago

We are thrilled to announce that renowned businessman and investor Kevin O'Leary (“Mr. Wonderful”) is joining our team as a Strategic Advisor. We believe this partnership can help us reach a whole new level and help even more businesses raise the capital they need to grow and succeed.

Kevin founded SoftKey, an educational software company, that he led to a $4B acquisition. After the acquisition, Kevin eventually found himself on television, quickly becoming a sought-after investor/host and personality on a range of shows – including Discovery’s Project Earth, CBC’s Dragons’ Den, and ABC’s Shark Tank.

Kevin is now a shareholder of StartEngine and our strategic advisor. His relationship with StartEngine is more than a simple paid sponsorship where he will promote our brand to his community. This relationship is also a meeting of two organizations, O’Leary Ventures and StartEngine, to further entrepreneurship in our country.

He will be advising StartEngine on how to best offer our services to small businesses and encourage the diverse portfolio of companies he has already invested to use StartEngine for their funding needs.

We are incredibly excited by this new partnership. We believe it solidifies our position as the leader in the equity crowdfunding space and can spark StartEngine’s growth by helping us fund more companies than ever before.

Where We Stand Today

2 months ago

In this highly uncertain time, I wanted to update all of you on the steps StartEngine is taking to keep employees safe and grow our business when access to capital from traditional sources is severely limited. Venture capital companies are focusing on the triage of their portfolio companies, and angel investors are distracted. This is a black swan event that could have never been predicted only a few months ago. But here we are, and our feeling is that StartEngine is perfectly positioned to thrive and grow when this is all over.

Last Wednesday, March 11th, we closed our second Regulation A+ offering, and we received close to our maximum of $9M in commitments. We will update you when we have a final number. Our company has more than sufficient cash for our anticipated operations in the near future, and we had a profitable month in January.

We find ourselves in a different position with respect to this Coronavirus crisis than many companies. Despite the challenges, we are able to operate normally and maybe even grow and position ourselves for a stronger future. We are operating remotely for the time being with a tight strong team of committed people, and we feel we are ready to reach the next stage.

What is our plan? We are going to announce next week a significant agreement with a major celebrity in the world of finance who will be promoting our company across many channels. You may well know this person, and if you do, you will understand why we feel we can now reach a new level of growth.

We are still awaiting approval on our trading platform license. We feel it is imminent, but given the turmoil with everyone’s work environment, we still need to be patient.

As the access to capital is becoming less certain, StartEngine has seen weekly investments grow week over week in the last 4 weeks. Yes, it is possible investors become more reticent because of the high level of volatility in the traditional markets but given the average investment is $1,000 on our platform, we feel there are thousands, if not millions, of investors who are eager to invest when “others are fearful.”

I understand that this is an uncertain time and people are scared. I hope everyone takes care of themselves and their families’ health in this time. Please stay safe and be mindful of others.

I remain focused and feel privileged to be working with a world-class team to help make StartEngine the dominant player in equity crowdfunding.


Howard Marks

CEO

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