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NextGen Crowdfunding Launches First-of-Its-Kind Deals Dashboard

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NextGen Crowdfunding — which tracks equity crowdfunding deals and investments — launched Thursday a first-of-its-kind dashboard that allows investors and issuers to keep track of all of the available Title III Regulation Crowdfunding offerings.

“We want good information to be available to the industry,” Richard Swart, NextGen’s chief strategy officer, told ThinkAdvisor in a Thursday interview.  With the Personalized Crowdfunding Dashboard, “investors and issuers have a baseline of what types of offers are getting funded and offered.”

The new resource includes active Title III investment crowdfunding offerings from more than 20 existing crowdfunding platforms, with users able to customize the Reg CF deals they want to follow and learn more about.

The NextGen Personalized Dashboard enables potential investors to:

  • Discover investment opportunities: Search by industry, view recent campaigns or filter by campaigns that are close to reaching their funding goal or expiration date.
  • Track investments: A detailed display of data for campaigns each visitor follows includes investor commitments for each campaign, a breakdown of investments by industry and more
  • View real time investments: In a live Crowdfunding Ticker, visitors can see daily investments in the campaigns they follow.

The Securities and Exchange Commission’s Title III crowdfunding rules became effective in May 2016 when the agency passed the last of its three-pronged measures under the Jumpstart Our Business Startups (JOBS) Act when, allowing startups to raise capital from non-accredited investors via crowdfunding.

NextGen Crowdfunding has noticed a “pretty big uptake” in Reg CF interest, with offerings “starting to take off,” Swart said. 

The average number of active campaigns only one month ago stood at 114, with the number of campaigns now counting 147.

“If this growth trend continues, we’re looking at 200-250 campaigns by year-end.”

The Financial Industry Regulatory Authority now regulates 29 crowdfunding portals. 

— Check out Experts Disagree on Role for Regulators in Cryptocurrency on ThinkAdvisor.


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