StartEngine Crowdfunding
The Future of Investing Is Here
Analytics
Raised to Date: $348,221
Aggregate Commitments $
TruCrowd
05/01/2020
04/30/2021
$10,000
$370,170
$506
Equity - Common
RegCF
Series A
$190,000,000
Weekly Commitments $
Active
10/28/2020
182
3,482%
94%
$1,935
261
West Holywood, CA
Financial & Insurance Products & Services
Fintech
B2B/B2C
Low
Low
StartEngine Crowdfunding, with a pre-money valuation of $190 million, is raising funds on TruCrowd. It is a crowdfunding platform that allows people to invest in startups and early stage companies. At the same time, the entrepreneurs also get the opportunity to raise funds from the public through StartEngine Crowdfunding. StartEngine Crowdfunding was founded by Howard Marks and Kevin O’Leary in 2015. The proceeds of the current round of crowdfunding, with a minimum raise of $10,000 and a maximum raise of $370,170, will be used to launch more companies, hire top talent, and fund the launching of a secondary trading platform for investors. StartEngine Crowdfunding has already helped over 325 companies raise more than $125 million of funding to grow and expand their business. The platform makes money through campaign success fee, campaign management fee, and equity in the companies raising funds.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$4,323,791 |
$4,682,528 |
|
COGS |
$2,106,293 |
$2,936,648 |
|
Tax |
$13,167 |
$17,070 |
| ||
| ||
|
Net Income |
$-4,012,954 |
$-4,600,495 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$2,200,337 |
$567,375 |
|
Accounts Receivable |
$785,440 |
$298,933 |
|
Total Assets |
$3,921,757 |
$2,897,897 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Summary of Crowdfunding Raises
| Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/31/2020 | StartEngine | $190,000,000 | $18,922,690 | Equity - Common | Active | RegA+ |
| 04/30/2021 | TruCrowd | $190,000,000 | $348,221 | Equity - Common | Active | RegCF |
| 04/30/2020 | TruCrowd | $120,000,000 | $208,635 | Equity - Common | Confirmed Closed | RegCF |
| 03/12/2019 | TruCrowd | $120,000,000 | $242,227 | Equity - Common | Confirmed Closed | RegCF |
| 06/27/2018 | StartEngine | $0 | $ | Common Stock | Confirmed Closed | RegA+ |
Ratings
Ratings Platform - Beta Trial
Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.
For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.Analyst Report
Ratings Platform - Beta Trial
Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.
For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.Other Deals
Kiwibot on Wefunder
Kiwibot has been selected as a “Top Deal” by KingsCrowd. This distinction is reserved for deals selected into…
Neighborhood Sun on Wefunder
The Neighborhood Sun team has been selected as a “Top Deal” by KingsCrowd. This distinction is reserved for…
goDeskless on MicroVentures
The goDeskless team has been selected as a “Top Deal” by KingsCrowd. This distinction is reserved for deals…