StartEngine Crowdfunding, Inc

The Future of Investing Is Here

Minimum target reached

Closed on 04/30/20

$223,188

amount committed

$10,000

target amount

$840,600

max amount

Regulation CF

exemption used

$190,000,000

pre money valuation

$506.25

min investment

123

investors

Security Type

Shares of Common Stock

$11.25 Per Share
$506.50 Min. Investment

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.

Perks

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 Regulation Crowdfunding campaigns on startengine.com. See below for the full list of benefits.

Owner’s Discount

The Owner’s Discount in this offering will take the form of issuance of additional shares. For example, if you purchase 100 shares of Common Stock you will receive 25 bonus shares, and therefore you will receive 125 shares for the price of 100 shares, effectively a 20% discount.

Please note that as fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share, the effective discount rate may be slightly less than if a flat discount were applied to the share price. Therefore if you purchase 103 shares, you will still receive 25 bonus shares, effectively a 19.5% discount rate.

NO MONEY OR OTHER CONSIDERATION IS BEING SOLICITED, AND IF SENT IN RESPONSE, WILL NOT BE ACCEPTED. NO OFFER TO BUY THE SECURITIES CAN BE ACCEPTED AND NO PART OF THE PURCHASE PRICE CAN BE RECEIVED UNTIL THE OFFERING STATEMENT FILED BY THE COMPANY WITH THE SEC HAS BEEN QUALIFIED BY THE SEC. ANY SUCH OFFER MAY BE WITHDRAWN OR REVOKED, WITHOUT OBLIGATION OR COMMITMENT OF ANY KIND, AT ANY TIME BEFORE NOTICE OF ACCEPTANCE GIVEN AFTER THE DATE OF QUALIFICATION. AN INDICATION OF INTEREST INVOLVES NO OBLIGATION OR COMMITMENT OF ANY KIND.

Updates

Johanna Cronin3 years ago

Meet Our New Strategic Advisor

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.

Johanna Cronin3 years ago

Where We Stand Today: A Note from StartEngine's CEO

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

Q&A

Unfortunately, this securities offering is closed. For questions, please email support@trucrowd.com. Thanks!

Sunil Jaswal - Investor3 years ago

I Own 100 Shares of Start engine. Do Start engine send us a proof of investment or ownership certificate and/or subscription certificate?

Regards

Sunny

Sunil Jaswal - Investor

I Own 100 Shares of Start engine. Do Start engine send us a proof of investment or ownership certificate and/or subscription certificate? Any comments

Regards

Sunny

3 years ago

Raymond Szczepanowski - Investor3 years ago

I already own 67 shares of start engine and wish to invest more, but were is my present investment shown ?

Documents

Other Disclosures

Read the Form C filed with the SEC for other important disclosures, like financial statements, Directors, Officers, shareholders with more than 20% of voting rights, and more.

Special Note Regarding Forward-Looking Statements

This offering contains forward-looking statements within the meaning of the federal securities laws. We caution investors that any forward-looking statements presented in this offering, or which management may make orally or in writing from time to time, are based on the Company’s beliefs and assumptions made by, and information currently available to, the Company. When used, the words “anticipate,” “believe,” “expect,” “intend,” “may,” “might,” “plan,” “estimate,” “project,” “should,” “will,” “would,” “result” and similar expressions, which do not relate solely to historical matters, are intended to identify forward-looking statements. Such statements are subject to risks, uncertainties and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties and factors that are beyond the Company’s control. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. While forward-looking statements reflect the Company’s good faith belief when made, they are not guarantees of future performance. The Company expressly disclaims any responsibility to update forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Moreover, we operate in a very competitive and rapidly changing environment, and new risks emerge from time to time. It is not possible to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this offering may not occur, and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. We undertake no obligation to revise or publically release the results of any revision to these forward-looking statements, except as required by law. Given these risks and uncertainties, prospective investors are cautioned not to place undue reliance on such forward-looking statements.