February 16th, 2017
US Research: Crowdnetic Releases Q1 Detailed Crowdfunded Securities Report
Crowdnetic | Luan Cox | April 14, 2014
Crowdnetic, the leading provider of technology and market data solutions to the global crowdfinance marketplace, released its first quarterly PIPR (Private Issuers Publicly Raising) data analysis, for the period ending March 31, 2014. Since September 23, 2013, Crowdnetic has aggregated and normalized data from thousands of PIPRs, providing unprecedented transparency and access for both investors and those seeking to raise capital in the crowdfinance marketplace. This has included monthly reports with detailed analysis of the data by sector, industry, and region, as well as by type of security and issuer.
In this report, Crowdnetic found that 2,834 PIRRs are currently active and included on Crowdnetic’s data platform, CrowdWatch, and its private offerings content suite onMarketWatch. Co-sponsored by Crowdcast Network, Springboard Enterprises, theKingdom Trust Company and Ventureneer, it provides industry insights, breakdowns by geographic distribution, a section on Form D filings and a section on women-led and women-owned companies. Additionally, not only was there an increase in the number of PIPRs during the last month of the quarter, but, when comparing that increase to the relative increase in the number of capital commitments, there’s also been a core increase in capital raising activity. An addition to the report is a section on transaction data, representing all the inflows and outflows over the quarter.
“We are seeing the strong and continual growth in the industry as more investors and private companies raising capital find out about this newly empowered marketplace,” added Luan Cox, CEO of Crowdnetic. “This is a very exciting time in the world of crowdfinance.”
The quarterly report’s also shown a steady growth of active deals across all sectors and the PIPR totals as of March 31, 2014 represent an increase of 24.9% since the first report on January 23, 2014—JOBS Act Title II: The First 120 Days in Review—commemorating three months since the lifting of the ban on general solicitation. For that same time period, the recorded number of capital commitments has shown a 67.8% increase, from $80.2 million to $134.6 million. The Services sector has remained largest in terms of both number of offerings and recorded capital committed, followed by Technology. Regionally, the Western Region of the United States continues to dominate the space in terms of capital commitments, followed by the South.