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Part
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USA Alternative Investing Market, Rows 3-7
Information regarding the founding date, number of deals completed, total deal volume, total number of investors, and fee structures/policies of Start Engine, Crowdcube, Wefunder, EquityZen, and Lending Club has been included in rows 3-7, column C-H of the attached spreadsheet.
START ENGINE
- Founding date: March 19, 2014
- Number of deals completed: 275+
- Number of deals completed in 2018: 181
- Total deal volume: $100,000,000+
- Total number of investors: 1,328
- Fee structures/policies: "The company offers a common stock at the price of $7.50 per share and a minimum investment of $502.50 valued at $119,000,000."
- Start Engine charges companies $10,000 and 9-14% of the total capital raised via Regulation CF; 2% for equity and 7-12% in cash for regulation CF; $10,000 and 9% of the total capital raised for Regulation A offerings; 2% for equity and 7% in cash for regulation A.
CROWDCUBE
- Founding date: September 2011
- Number of deals completed: 821
- Number of deals completed in 2018: 198
- Total deal volume: $758,897,100.73
- Total number of investors: 500,000+
- Fee structures/policies: Crowdcube charges Investors an investment fee of 1.5% of the invested price, with a minimum investment fee of £0.50 and a maximum investment fee of £250.
WEFUNDER
- Founding date: 2012 [s6]
- Number of deals completed: 301
- Total deal volume: $103,949,890
- Total number of investors: 277,991
- Number of deals completed in 2018: 1
- Fee structures/policies: The minimum investment is $2,200 while the maximum is $107,000.
- The company calculates investors annual investment limit by their net worth and income provided at the account opening. Investment limits are calculated every 12 months.
- The company operates an investment policy based on the SAFE (Simple Agreement for Future Equity) investment plan.
EQUITYZEN
- Founding date: 2013
- Number of deals completed: 8,500+
- Number of deals completed in 2018: None
- Total deal volume: $440,000,000,000
- Total number of investors: 16
- Fee structures/policies: Equityzen minimum investment stands at $20,000, with a 5% charge on investment smaller than $500,000, a 4% charge for investment between $500,000 and $1,000,000, and 3% charge for investment above $1,000,000.
LENDING CLUB
- Founding date: 2006
- Number of deals completed: 4,046,402
- Number of deals completed in 2018: 841,177
- Total deal volume: $50,373,171,478
- Total number of investors: 23
- Fee structures/policies: Investors can invest as low as $25 for the individual loan.
- "Investors may avoid the ups and downs associated with the stock market because LendingClub Notes have low correlation to the stock market".