Funding Report for October 2020
Commitments for October Exceed $21.0 Million!
Highlights:
- Total Net Commitments: $21,784,732
four funding platforms (Wefunder, StartEngine, Republic, Netcapital) exceed a million dollars in October
| Platform | $’s This Month |
|---|---|
| Wefunder | $7,831,271 |
| StartEngine | $6,399,827 |
| Republic | $3,234,462 |
| Netcapital | $1,158,388 |
| Microventures | $851,752 |
| TruCrowd | $726,859 |
| MainVest | $515,900 |
| NextSeed | $510,050 |
| Fundopolis | $146,240 |
| SeedInvest | $144,075 |
| Equifund CFP | $132,352 |
| Honeycomb | $61,560 |
| SMBX | $37,620 |
| Mr. Crowd | $11,480 |
| Fundanna | $9,609 |
| Localstake | $6,873 |
| CrowdSource Funded | $5,000 |
| WaterWorks | $1,314 |
| WunderFund | $100 |
On the company front,
| Rank | $’s This Month | Company | What They Do | Platform | Raised to Date |
|---|---|---|---|---|---|
| 1 | $1,070,000 | Sircles | The Social Recommendations App Designed To Destroy Yelp! | Wefunder | $1,070,000 |
| 2 | $808,014 | Shacksbury Holdings | Vermont Cidery | StartEngine | $808,014 |
| 3 | $627,752 | Future Proof | We develop innovative beverage brands for the next generation of drinkers | Wefunder | $627,752 |
| 4 | $600,811 | Armbrust American | Bringing Manufacturing back to America: Starting with Surgical & N95 Masks to Fight COVID | Wefunder | $600,811 |
| 5 | $576,343 | AltoIRA | The Alternative IRA for investing in crowdfunding, PE, VC, crypto & more | Republic | $1,070,000 |
| 6 | $567,474 | RAIDAtech | Superior blockchain alternative using patented technology | TruCrowd | $567,474 |
| 7 | $498,362 | Vivoo | Personal wellness advice through at-home urine sample analysis | Republic | $641,601 |
| 8 | $468,471 | Airgility | Autonomous vehicles with endless possibilities | StartEngine | $1,052,857 |
| 9 | $455,232 | Ola Brew | World class Hawaii made seltzers | StartEngine | $1,070,090 |
| 10 | $389,238 | Lend-Grow | Online lending marketplace connecting borrowers with local lenders in 28 states | Microventures | $580,412 |