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Australian Equity Crowdfunding Markets Raised $72 Million in 2022

Crowdfund Insider | JD Alois | Jan 30, 2023

Australian money - Australian Equity Crowdfunding Markets Raised $72 Million in 2022Investment crowdfunding, or crowd-sourced funding (CSF) as it is called down under, generated $72 million in online capital formation, according to an industry report.

  • The information is compiled by Birchal, the largest online investment platform in Australia. Birchals has been providing this report for several years now.
  • While a smaller market, Australia continues to grow. In aggregate, since 2018, issuers have raised $219 million for approximately 250 SMEs.
    • Average deal size – $733,000
    • Average individual investment – $1695
    • 70 securities offerings were over $1 million
    • Total market estimated market cap of firms completing a securities offering at $1.4  billion
    • There have been 50 follow-on securities offerings
    • The largest securities offering to date was for ZeroCo for $5 million (October 2021)

See:  CCA 2022 Investment Crowdfunding Report: 7 Charts Highlight Growth and Impact

  • The fastest funding round was for Your Mates Brewing in October 2022 at under two hours
  • Birchal reports the bulk of online capital formation for early-stage ventures at 192 offerings raising $144 million
  • In 2022, most issuers were “growth stage” (49%) with greater than $1 million in reported revenue. Pre-revenue startups accounted for 16.5% of the funding activity.The number of pre-revenue firms raising capital declined from 2021, while revenue-generating firms raising capital increased dramatically.
  • Industry sectors that have been the most popular issuers include:
    • Food and Beverage at 39%
    • Financial Services at 12%
    • Sustainability at 11%

In 2022, most issuers were “growth stage” (49%) with greater than $1 million in reported revenue. Pre-revenue startups accounted for 16.5% of the funding activity. The number of pre-revenue firms raising capital declined from 2021, while revenue-generating firms raising capital increased dramatically.

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NCFA Jan 2018 resize - Australian Equity Crowdfunding Markets Raised $72 Million in 2022The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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