Crowdfunding Showcase & Celebration – Here are the Finalists! – Event Day: May 2016

Jay OwenSRI/ESG News, Crowdfunding

crowdfundingBelow are the finalists for the Crowdfunding Technology Showcase

On May 16th from 3 to 8pm in the Capitol Hill Visitor’s Center Room 201AB we will be celebrating the launch of Regulation Crowdfunding with a demonstration of some of the latest financial technologies that have been built to support an efficient, credible, transparent and robust industry.

Agenda:
2pm:     Registration
3pm:     Keynote
3:30pm Panel (How to Mitigate Risk via Technology in Regulation Crowdfunding)
4:40pm Open floor technology demonstrations
6pm      Awards/Reception90

If you want to attend, there is still time.  Click here to rsvp.

These companies / associations represent the building blocks of a robust crowdfunding ecosystem

 

Here are the finalists:

Crowdfunding Platforms

SeedInvest is powering startups which receive investments through its premier equity crowdfunding platform. The platform connects more than 14,000 venture capitalists, angel investors and accredited investors to highly vetted startups without charging investor fees or carried interest. SeedInvest sources deals from top incubators, accelerators and venture funds. The platform vets and accepts only around 1% of its total deal flow.
StartEngine is an equity crowdfunding platform, revolutionizing the startup financing model. They help individuals invest in private companies on a public platform, thereby helping entrepreneurs achieve their dreams. Their mission is to empower 5,000 companies to raise capital and create 1 million jobs in the next 5 years. StartEngine Capital recently applied to FINRA to become a registered Funding Portal.
North Capital, based in Salt Lake City, Utah, is a leading provider of prime brokerage and technology application services to power financial marketplaces. Its TransactCloud platform is used by broker-dealers, funding platforms, asset managers, and issuers to offer, transact, and settle private placements and other exempt offerings.
OfferBoard leverages a powerful technology platform and experienced corporate finance professionals to serve businesses raising up to $50 million in capital. OfferBoard uses digital tools and comprehensive investment banking services to reduce capital-raising friction. OfferBoard owns Carrollton Capital Partners, LLC d/b/a OfferBoard Securities, member FINRA and SIPC.
VENTURE.co is a technology enabled investment bank and FINRA/SIPC member Broker-Dealer. VENTURE.co provides full service securities packaging and fundraising tools to emerging businesses and portals, and provides comprehensive transparent information to investors about offerings in a secure online platform.
WealthForge is powering the next generation of private capital markets. Tomorrow’s companies need capital, and WealthForge is the financial technology company transforming the outdated way private capital is raised by providing innovative technology and helping capital to flow to its best potential.
CrudeFunders is a funding portal that focuses on oil projects that fall outside the domain of the large manufacturers.
truCrowd is a funding portal based on frugality. They believe that the companies wanting to raise money using equity crowdfunding should not have to compromise a lot in in upfront costs to have a robust offering. With truCrowd, a newly incorporated start-up may expect to pay less than $1,000 up-front to use Regulation Crowdfunding.
NextSeed is a crowdlending platform open to all investors where small businesses can build loyal customers while financing their operations. NextSeed operates 2 different platforms – (1) a Texas Crowdfunding Portal operating pursuant to TX intrastate crowdfunding rules and (2) a SEC-registered Funding Portal operating pursuant to Regulation Crowdfunding.
CrowdEngine is a securities compliance platform (white label portal provider) to enable users to be able to crowdfund all offering types in the United States including, Reg D, Reg A+, Title III, Title IV and Intrastate. CrowdEngine has configurable user experiences to match the compliance standards for multiple jurisdictions, investor types, and offerings types on the same portal at the same time.
Trust and Transparency Companies
Accredify is an investor verification service and crowdfunding compliance company focused on the JOBS Act. Accredify’s platform is secure, easy to use, developer-friendly, and maintains the highest levels of compliance.
EarlyIQ, Inc. is the leading provider of simple, secure online diligence and compliance solutions for private markets. Services include accredited investor verifications, Bad Actor checks, company background diligence reports, and the only electronic deal room with integrated accredited investor verifications.
KoreConX is a compliance tool that keeps an issuer’s books, capitalization table and disclosures all in order so that they stay compliant with the regulations
Angelspan facilitates the most thorough and professional transparency and communication with a company’s investors, potential investors, and other stakeholders interested in the company’s success. Communication is critical in any relationship – particularly if it is to investors in a company. AngelSpan’s services satisfies more than the requirements of the JOBS ACT.
iDisclose is an online application that helps you prepare the legal documents you need to crowdfund your company. Like Turbo Tax, you simply fill out an adaptive questionnaire and iDisclose builds the legal document. After a quick legal review (which iDisclose or your own attorney can provide), you can simply click “file now” to file the documents with the SEC and begin raising money. iDisclose helps you raise money for a fraction of the time and cost of hiring an attorney, so you can get back to your business
Equidam is an online DIY platform for business valuation. Equidam is a data-driven technology based on machine learning that enables entrepreneurs to download a full valuation report in matter of minutes and at a fraction of the cost for consultancy. Equidam is used by more than 10,000 businesses worldwide for fundraising and exit planning.
Data Analytics
FivePlus Trax™ is a low cost, cloud based dashboard that retrieves and interprets key accounting information, both current and projected, fully automating the process of distributing this mission critical data to both business owners and stakeholders, creating transparency in monitoring investment performance while improving control over operations.
Since the implementation of Title II in 2013, Crowdnetic has provided powerful data and analytics on 506(c) offerings published from leading crowd investing platforms. Through partnerships with CNBC and Thomson Reuters, Crowdnetic is committed to providing greater education and transparency for the crowd finance industry.
Stratifund is a research and education platform that aims to provide all available equity crowdfunding deals on one site, with independent and unbiased reports on each company. Stratifund is the partner for the equity crowdfunding investor when it comes to analysis. Investing in startups has unique opportunities and risks for the everyday investor. Stratifund aims to bring clarity to these risks.
Funds Management
FundAmerica provides escrow, AML, transfer agent and compliance services, all via API and plug & play “Invest Now” transaction engines. Used by hundreds of broker-dealers, investment advisers, portals and platforms engaged in technology-driven capital formation via 506b/c, Reg A+, Reg S, and 4(a)(6) crowdfunding.
CashShield is a real time fraud prevention solution designed with big data, machine learning and optimized through a self developed risk management algorithm. Different from traditional solutions, CashShield’s unique algorithm views all transactions as a portfolio to make calculated risks, maximizing the merchant’s business potential while minimizing fraud.
Other/White Space
IAEOU provides tailored crowd (capital and growth) education for organizations, founders, inventors, and social entrepreneurs. Recognized by State Department and United States Association for Small Business and Entrepreneurship® for their innovative approach to education, they combine self-paced online courses and experiential learning with domain expertise support to accelerate learning.
Venture Hive is an entrepreneurship education company providing world-class content and software to support individual and company development. We have trained entrepreneurs from more than 50 countries, from idea through exit, with clients including Microsoft, the US Department of State, The World Bank, the US Veterans Administration, and accelerators and universities across the globe.
Weekend Angel exists to satisfiy SEC Rule 302(b) “…to provide educational materials to investors that are reasonably tailored to an intermediary’s offerings and investors…” Weekend Angel teaches novice investors the art and science of investing in early stage companies.
CrowdfundCPA.com (Artesian CPA, LLC) is the leading CPA firm specializing in audits, reviews, financial reporting, and accounting for start-ups and small businesses utilizing the JOBS Act provisions. The firm’s business model was specifically built around crowdfunding and their deep industry connections claim to ensure a seamless process.
CrowdfundingCRM™ is the first, all-in-one Crowdfunding Marketing Automation, CRM, & Social Media Technology & Planning Tool. It is designed to help issuers build a successful campaign, attract & alert interested investors. It has the ability to create a pipeline of compliant ready deal flow for Funding Portals & other Intermediaries.
Assureli offers insurance to protect your equity crowdfunding investments. Currently when you invest in a business, and that business fails, you lose all your money. With assureli added to your investment, you will make some to most of your investment back if the business you invested in fails, within a certain time period.
Crowdfund Intermediary Regulatory Advocates is a not-for-profit organization that helps establish rules, industry standards, and best practices. It works alongside the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), and other governmental and quasi-governmental entities. The membership of CFIRA is composed of intermediaries (crowdfunding platforms and broker dealers), investors, issuers, third party service providers (such as technology vendors, attorneys, accountants), and other crowdfunding related service providers.
The Crowdfunding Professionals Association is working for the success of every fundraiser and their supporters by providing education, resources and assistance to all stakeholders in the Crowdfunding community. CfPA is an all-volunteer non-profit 501(c)(6) trade association representing entrepreneurs, investors and service professionals committed to an equitable global crowdfunding community.