EquityNet Hits the Million Mark
by August 20, 2012 12:00 am 74 views
Regular readers might remember a couple of stories in recent years regarding EquityNet, the Fayetteville-based crowdfunding platform provider.
Well, the way we understand it, the 7-year-old company recently passed the $100 million mark in money raised for its entrepreneur users. To be more precise, EquityNet has raised more than $104 million, said founder Judd Hollas.
Crowdfunding, which matches entrepreneurs with investors, got a boost when Congress passed the U.S. JOBS Act in March. It essentially deregulated the process for nonaccredited investors to fund privately held companies.
EquityNet touts itself as the original and only patented equity crowdfunding platform.