The StartEngine Index: November 2017

General StartEngine Index December 7, 2017
November Index

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The StartEngine Index: November 2017

November 2017

The following data covers Regulation Crowdfunding raises between May 16, 2016, and November 30, 2017. Data is sourced from all publicly disclosed Form C filings with the SEC, as well as public websites.


Standard Analysis

Index: 766

The Index increased by 10% this month, up 4% from last month. Since inception, the Index has grown steadily month-to-month. To date, companies have raised over $76.6 million.

The net increase this month is +$8 million.

Top Campaigns

The top raise in November is from Waverly Labs on the StartEngine platform. Waverly reached the maximum for Regulation CF in less than 72 hours. Also notable this month is Edisun, founded by Bill Gross who is also the CEO at Idealabs.

Industry

This month, technology eclipsed food and beverage companies to take up 37% of the overall capital raised.

Percentage of Capital Raised by Companies in Regulation CF in November by Industry

State of Operation

Since inception, California has led the industry with the most dollars raised in Regulation Crowdfunding ($31.5 million), followed by Texas ($10.5 million) and New York ($6.1 million).

In November, the rates followed a similar course, with 42% of raises coming from California and 32% coming from New York. Only 7.3% of raises came from Texas this month.

Percentage of Total Capital Raised in Regulation Crowdfunding in November by State

County of Operation

As you may expect then, the center of the urban hubs are performing well. This month, 26% of the total amount raised in the United States came from Los Angeles County. Kings County (Brooklyn) rounded out at 18.5%,most of which is due to the Waverly Labs raise.

Percentage of Total Capital Raised in Regulation Crowdfunding in November by County

Funding Portals

In the month of November, SeedInvest raised the most capital with $2,135,801 with a 36% market share followed very closely by StartEngine with $2,108,193.

In third place for the first time is Wefunder with $842,834. This demonstrates the consolidation of the marketplace with the top three portals controlling 87% of all of the funding.

Percentage of Total Capital Raised in Regulation Crowdfunding in November by Portal

Raising in Los Angeles

                     Attendees of the StartEngine ICO 2.0 Summit in Santa Monica on November 10, 2017.

LA continues to be the county to watch when it comes to Regulation Crowdfunding. Not only has the most capital been raised for companies in Los Angeles county ($8.3 million), but surrounding areas like Orange County, and San Diego County are high performers as well.

Los Angeles County by the Numbers

30

campaigns in progress — up 6 from last month.

11

new campaigns submitted to the SEC in November.

~$1.5M

raised in November.

The StartEngine ICO 2.0 Summit

Entrepreneurs, lawyers, and investors alike gathered in Santa Monica this month for StartEngine’s ICO 2.0 Summit. The event, which sold out to more than 500 attendees, helped to define Los Angeles as a leader in alternative funding industries.

  From the crowd of the ICO 2.0 Summit in Santa Monica.

At the event, 15 companies pitched their ICOs and Pre-ICOs. StartEngine leads the industry with 6 ICO or pre-ICO campaigns live right now.

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