The online private equity market rapidly grows. It becomes increasingly difficult for investors to keep up with the vast amount of deals across various platforms. Each platform has its own system for selecting companies. With more than 20 unique platforms hosting active crowdfunding deals, it can be overwhelming for new investors to find and track exciting start-ups. Determining which platforms to focus on is crucial when starting out.
To keep things simple, we focus on the top 3 platforms that have the most closed deals because these top 3 platforms far outperformed the remaining funding portals, accounting for nearly 65% of all successful raises. This data is representative of all 1,780 Regulation Crowdfunding deals that have closed from the beginning of 2018 to July 2021.
1. Wefunder
WeFunder – closed about 500 deals.
2. StartEngine – closed 383 deals.
3. Republic – close 268 deals.
Please note: Wefunder, StartEngine, and Republic are the most well-known in the equity crowdfunding industry. Their higher numbers of users naturally leads to more successfully closed deals. The name recognition probably results in more founders choosing to list their companies on these three platforms. Higher deal flow in general leads to having more winners overall, so the more companies that go to Wefunder, StartEngine, or Republic, the more successful rounds those platforms will host.
Sven Franssen