Reigning champ 2021-2022. Invest in StartEngine
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May 7, 2021 | 2 Min Read

StartEngine Tripled Its Revenue in 2020!

startengine revenue 2020

StartEngine Tripled Its Revenue in 2020!

We are thrilled to announce that StartEngine (STGC) tripled its annual revenue in 2020! Here are some numbers detailing our explosive growth from our recent Form C-AR filing*:

  • $13.9M Revenues: Our 2020 revenues were $13.9M, representing YoY growth of 221% compared to our 2019 revenues of $4.3M
  • $10.4M Gross Profit: Our 2020 gross profits were $10.4M, 371% YoY growth compared to our gross profits of $2.2M in 2019.
  • 75% Gross Margin: We improved our gross margin in 2020 to 75% as compared to 51% in 2019.

We are so excited by our growth last year, and we are showing no signs of slowing down! We had a record-setting Q1 for StartEngine, helping companies raise over $57M, launching 52 new investment opportunities, and welcoming nearly 79,048 new members to our community of 400,000 prospective investors.

And in Q2, we crossed another important benchmark for our company: over $350M raised on StartEngine to date.

Our recent momentum has been critical to helping us achieve our growth, and of that $350M, more than $200M has been invested in the last 12 months alone.

And in April, we celebrated our biggest month ever, helping companies raise $30.2M.

That’s more than $1M invested every single day for an entire month.

With the regulatory changes that went into effect on March 15th, companies can now raise more funding and investors can invest more money in a calendar year, which we believe will accelerate our growth even more.

Read more about our unaudited financials in our annual Form C-AR here and stay tuned for our full 2020 audited financials in the coming weeks!

We are proud to be the #1 market leader, helping companies raise more funding via Regulation Crowdfunding and Regulation A+ than any other platform on the market, and we look forward to more growth this year.

*Numbers may be subject to change due to adjustments made during the audit.

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www.StartEngine.com is a website owned and operated by StartEngine Crowdfunding, Inc. (“StartEngine”), which is neither a registered broker-dealer, investment advisor nor funding portal.

Unless indicated otherwise with respect to a particular issuer, all securities-related activity is conducted by regulated affiliates of StartEngine: StartEngine Capital, LLC, a funding portal registered here with the US Securities and Exchange Commission (SEC) and here as a member of the Financial Industry Regulatory Authority (FINRA), or StartEngine Primary, LLC, a broker-dealer registered with the SEC and FINRA/SIPC. You can review the background of our broker-dealer and our investment professionals on FINRA’s BrokerCheck here. StartEngine Secondary is an alternative trading system regulated by the SEC and operated by StartEngine Primary, LLC, a broker dealer registered with the SEC and FINRA.

Investment opportunities posted and accessible through the site are of three types:

1) Regulation A offerings (JOBS Act Title IV; known as Regulation A+), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Primary, LLC (unless otherwise indicated). 2) Regulation D offerings (Rule 506(c)), which are offered only to accredited investors. These offerings are made through StartEngine Primary, LLC. 3) Regulation Crowdfunding offerings (JOBS Act Title III), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Capital, LLC. Some of these offerings are open to the general public, however there are important differences and risks.

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Investment opportunities posted and accessible through the site will not be offered to Canadian resident investors. Potential investors are strongly advised to consult their legal, tax and financial advisors before investing. The securities offered on this site are not offered in jurisdictions where public solicitation for offerings is not permitted; it is solely your responsibility to comply with the laws and regulations of your country of residence.

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None of the information displayed on or downloadable from www.startengine.com (the 'Website') represents a recommendation, offer, or solicitation of an offer to buy or sell any security. It also does not constitute an offer to provide investment advice or service. StartEngine does not (1) make any recommendations or otherwise advise on the merits or advisability of a particular investment or transaction, or (2) assist in the determination of fair value of any security or investment, or (3) provide legal, tax, or transactional advisory services.

All investment opportunities are based on indicated interest from sellers and will need to be confirmed.

Investing in private company securities is not suitable for all investors. An investment in private company securities is highly speculative and involves a high degree of risk. It should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid, and there is no guarantee that a market will develop for such securities. Each investment also carries its own specific risks, and you should complete your own independent due diligence regarding the investment. This includes obtaining additional information about the company, opinions, financial projections, and legal or other investment advice. Accordingly, investing in private company securities is appropriate only for those investors who can tolerate a high degree of risk and do not require a liquid investment.

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190% YoY Growth: Invest in the leading equity crowdfunding platform.

This Reg A+ offering is made available through StartEngine Crowdfunding, Inc. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view StartEngine’s offering circular and risks associated with this offering.

 

Kevin O’Leary is a paid spokesperson for StartEngine. Read the 17(b) disclosure here.

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