Country: United States
Non-Accredited Investors: No
Business Selective: Yes
Investor Selective: Yes
Notable Alumni: Altavoz
EquityNet touts itself as “The Original Crowdfunding Platform.” Indeed, it is in many ways the old lion of ECF portals— its launch year, 2005, is practically medieval by industry standards, and it is the only company that actually holds a patent for its crowdfunding platform.
The portal’s patented and trademarked Enterprise Analyzer system serves as a business advisor to entrepreneurs and a screening tool to investors. The numbers attest to the system’s functionality, as EquityNet and its investor base (which numbers over 12,000 individuals) have raised over $202 million in capital for entrepreneurs.
The company appears poised to become an even more valuable investment resource post-JOBS Act. In the words of founder & CEO Judd Hollas, “EquityNet has operated an equity-based crowdfunding platform for Reg D investments and accredited investors since 2005 and is fully prepared to accommodate crowdfunding with non-accredited investors when the SEC completes its rule-making for the JOBS Act.”