Business

FrontFundr raises over $140 million across 100+ campaigns, launches new fundraising campaign, The Canadian Business Journal

TORONTO, September 21, 2022 (GLOBE NEWSWIRE) — front fundtoday announced an important growth milestone. The firm has surpassed his 100th and he has processed over $150 million in investments in Canadian start-ups. To mark this momentous occasion, FrontFundr today launched its own fundraising campaign, offering anyone the opportunity to invest in the platform itself.

Equity crowdfunding allows anyone to invest in privately held companies and provides an alternative way for companies at various stages of fundraising to raise capital. Since its launch in 2015, FrontFundr has become the leading platform for investing in the growth of Canada’s most exciting start-ups and growth-stage companies for both novice and experienced investors.

Today’s milestone announcement comes at a time when many Canadians are feeling the pressure of inflation, rising costs and public market uncertainty. Investing in private markets is becoming more attractive as wallets and traditional investments dwindle. You will be able to participate in early-stage investment opportunities that may create When someone invests through FrontFundr, the return on those investments is driven by the company’s success, not public market sentiment. People can invest in companies they believe in and aligned with their values ​​and interests. Some companies that have campaigned on FrontFundr include: curry, Manzil, Joni, tip tap and an ecologist.

FrontFundr had strong business growth over the summer with some record results.

  • The platform reached a number of successful deals in August, in line with the previous record-setting entire quarter. That’s 5.5 times his number of deals closed last month and 117% higher than the same period last year.
  • 25% QoQ increase in investment activity in 2022
  • 2022 revenue increased 94% quarter-over-quarter (almost double the previous calendar year)

FrontFundr founder and CEO Peter-Paul Van Hoeken said: “Now that we have achieved over 100 successful fundings on our platform, FrontFundr has become the go-to platform for people to invest in Canada’s innovation economy, attracting public capital to promising Canadian private companies. This is just the beginning.”

FrontFundr also announced today that it will be launching its own fundraising campaign on its platform. Listing on the Marketplace gives people a unique opportunity to invest directly in his ecosystem of Canadian startups. The campaign is now open to the public and anyone can invest until Friday, November 4, 2022.

For more information on how to participate, please visit: https://www.frontfundr.com/frontfundr

About FrontFundr
FrontFundr is Canada’s leading online private market investment platform and exempt market dealer. We provide access to capital for start-ups and growth companies, and give investors access to the privately held companies they believe in and want to support. With a community of over 30,000 users, FrontFundr offers everyday investors the opportunity to review and complete private placements on her one digital he platform. The company’s revolutionary technology allows a Canadian to invest in an innovative growing business from as little as $250 in less than 12 minutes.

Find out more about FrontFundr here. www.frontfundr.com

Media Contact:
Sayuri Tanaka
talk shop media
[email protected]


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FrontFundr raises over $140 million across 100+ campaigns, launches new fundraising campaign, The Canadian Business Journal

Source link FrontFundr raises over $140 million across 100+ campaigns, launches new fundraising campaign, The Canadian Business Journal

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