EquityNet

EquityNet
Private company
Industry Crowdfunding
Founded 2005 (2005)
Headquarters Fayetteville, AR, United States
Key people
 James Murphy, CEO; Josh Eno, CTO; Matt Imhoff, CIO; Adam Vanderbush, CMO
Website www.EquityNet.com

EquityNet is a U.S.-based business crowdfunding platform for startups and mature businesses to raise equity capital from accredited investors. Founded in 2005, the company is headquartered in Fayetteville, AR with offices in Austin, TX, Naples, FL and Denver, CO.[1] James Murphy is the company's CEO.

Model

EquityNet has operated the largest business crowdfunding platform since 2005. The multi-patented EquityNet platform has been used by over 45,000 individual entrepreneurs and investors, incubators, government entities, and other members of the entrepreneurial community to plan, analyze, and capitalize privately held businesses. EquityNet provides access to thousands of investors and has helped entrepreneurs across North America raise over $240 million in equity, debt, and royalty-based capital.[2][3] The company is not a registered broker-dealer and thus is not involved in the transfer of funds.[4] Upon the U.S. Securities and Exchange Commission’s decision to lift the ban on general solicitation on September 23, 2013,[5] EquityNet allowed businesses on its platform to use the new SEC rule and publicly advertise their need for funding.[6]

Intellectual Property

EquityNet owns a portfolio of five granted patents that describe and claim various crowdfunding technologies, all of which are based on its priority patent application in 2005 before the word “crowdfunding” was first used. EquityNet’s patents include U.S. Patent 7,698,188 titled “Electronic Enterprise Capital Marketplace and Monitoring Apparatus and Method”;US 7698188 [7] U.S. Patent 7,908,194 titled “Electronic Enterprise Analysis Apparatus”;US 7908194 [8] U.S. Patent 8,484,110 titled “Electronic Enterprise Monitoring Apparatus”;US 8484110 [9] U.S. Patent 8,793,170 titled “Electronic Enterprise Capital Marketplace Apparatus and Method”;US 8793170 [10] and U.S. Patent 8,793,171 titled “Electronic System for Analyzing the Risk of an Enterprise.”US 8793171 [11] EquityNet’s five patents describe a range of inventions within the private business domain for crowdfunding marketplaces, enterprise analysis, enterprise risk quantification, and enterprise monitoring.

Awards and Recognitions

In April 2012, Forbes Magazine named EquityNet as one of "10 Companies Poised to Profit from the JOBS Act."[12] In August 2012, Worth Magazine named EquityNet as one of its Top 10 Crowdfunding Sites.[13] In January 2013, Crowdfunding Website Reviews included EquityNet in its "5 Equity Crowdfunding Sites to Watch in 2013."[14]

References

  1. ↑ "Contact Us". EquityNet. Retrieved 2013-12-24.
  2. ↑ "Financing Resources". Missouri University of Science & Technology.
  3. ↑ Thorpe, Devin (2014-12-03). "Equity Crowdfunding Site Embraces Real Estate". Forbes.com.
  4. ↑ "Crowdfunding Technology". EquityNet.
  5. ↑ "SEC Approves JOBS Act Requirement to Lift General Solicitation Ban". U.S. Securities & Exchange Commission.
  6. ↑ Spinrad, Paul. "Online Platforms Give the First Public Look at Private Equity". PBS.
  7. ↑ "Electronic enterprise capital marketplace and monitoring apparatus and method".
  8. ↑ "Electronic Enterprise Analysis Apparatus".
  9. ↑ "Electronic Enterprise Monitoring Apparatus".
  10. ↑ "Electronic Enterprise Capital Marketplace Apparatus and Method".
  11. ↑ "Electronic System for Analyzing the Risk of an Enterprise".
  12. ↑ "10 Companies Poised to Profit from the JOBS Act". Forbes Magazine. 2013.
  13. ↑ "The Top 10 Crowdfunding Sites". Worth Magazine. August 2012.
  14. ↑ "5 Crowdfunding Sites to Watch in 2013". Crowdfunding Website Reviews.
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