crowdwatch mar 14 report

8/12/2019 CrowdWatch Mar 14 Report

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Table of Contents

I. Overview """""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""" #II. Industry Snapshot as of March 31, 2014 """"""""""""""""""""""""""""""""""""""""""""""""""""""""" #III. Recorded Capital Committed and PIPR Percentages by Sector. """""""""""""""" $IV. Top 10 Industries Across All Sectors """"""""""""""""""""""""""""""""""""""""""""""""""""""""""""" %V. Geographic Distribution """"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""" &VI. Transaction Data Over the First Quarter 2014 """"""""""""""""""""""""""""""""""""""""""""" '(VII. Capital Structure """"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""" ')VIII. Form D Filings """""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""" '#IX. Women-Owned and Women-Led Companies """""""""""""""""""""""""""""""""""""""""""""" '*X. Conclusion """"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""" '&


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I. Overview

As of March 31, 2014, CrowdWatchhas aggregated and normalized data for 3,593 U.S. PIPRs(Private Issuers Publically Raising), of which 2,834 are currently active. This represents arelatively steady growth of active deals across all sectors. In our January 23, 2014 report JOBSAct Title II: The First 120 Days In Review, which commemorated three months since the lifting of

the ban on general solicitationwe indicated that there were 2,266 active issues. The March 31,2014 PIPR totals represent an increase of 25.1% since that three-month anniversary date. Totalrecorded capital commitments over the same time period have shown a 67.8% increase, from$80.2 million on January 23, 2014 to $134.6 million as of March 31, 2014.

The following chart displays the previous quarters growth in active as well as total U.S. PIPRstracked byCrowdWatchand presented in our industry reports.

Active PIPRs Relative to All U.S. PIPRs

Data from 9/23/13 to 3/31/14

II. Industry Snapshot as of March 31, 2014

The total recorded capital commitments across all sectors through March 31, 2014 is $134.6million, which represents an increase of 15.5% over the same figures from the previous month.The total number of active PIPRs across all sectors during the same time period increased by9.3%, from 2,594 to 2,834. Comparing these two sets of figures shows that the increase in capitalcommitments cannot be attributed solely to the increase in the number of PIPRs, but alsorepresents a core increase in capital raising activity.

The Services and Technology Sectors continue to lead in total recorded capital commitments,

accounting for 35.3% and 24.9%, respectively, across all sectors, with the Financial Sectorcoming next in line at 18.8%. In terms of percentage of PIPRs in those leading sectors, Servicesand Technology lead as well, with 42.9% and 32.7%, respectively, of sector-wide PIPR totals.

PIPR totals in the Financial Sector, however, are significantly lower, at 5.5% (behind bothConsumer Goods and Materials). The noticeable differential between percentage of capitalcommitted and percent of PIPRs in the Financial Sector is explained in part by the larger averagecapital commitment amounts typically seen in the Financial Sector. The Financial Sector average

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Active US PIPRS Total US PIPRs Normalized
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capital commitment amount for successfully-raising PIPRS is almost three times as high as thecomparable sector-wide average.

In addition, many of the active Financial Sector PIPRs are seeking far more capital than issuers inother sectors. Two Financial Sector industries in particular continue to show a high degree ofsuccess: Real Estate Development and Real Estate Investments Other. One could speculatethat this is due to the tangible nature of the real estate investment class, in that properties couldserve as collateral in the case of a negative liquidity event, such as a bankruptcy.

The higher Financial Sector amounts are also partially attributable to capital commitmentsreceived by funds. This sector currently includes 22 funds, five of which have collectively received$17.1 million in capital commitments. This amount represents a 25.7% increase over the sametotals from the previous month.

CrowdWatchSnapshot of Active PIPRs

Data from September 23, 2013 to March 31, 2014

III. Recorded Capital Committed and PIPR Percentagesby Sector

Overall, the amount of recorded capital committed was consistent with the results shown in theFebruary report, with at most a one percent shift among sector categories. The Services Sectorcontinues to lead the PIPR space both in terms of the number of active PIPR deals as well asrecorded capital commitments. The leading industry within this sector remains E-Commerce,

which has $6.5 million in recorded capital commitments spread among 158 active PIPRs.Publishing and Transportation Services are the next-leading industries within the Services Sector,with $4.2 million and $3.3 million, respectively, in recorded capital commitments. With respect tothe number of active PIPRs within the Services Sector, the next-highest industries are EducationK-12(87 active PIPRs) and Digital Media/New Media (65 active PIPRs).

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Recorded Capital Committed Total Number Of PIPRs
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Recorded Capital Committed Number of Active PIPRsby Sector by Sector

Data from 9/23/13 to 3/31/14 Data as at 3/31/14

As discussed above, the Financial Sector continues to receive larger average capitalcommitments compared to the average amounts received in other sectors. This is reflected inboth the relative number of successfully-raising PIPRs, as well as the average amount raised.The average amount of recorded capital commitments to successfully-raising PIPRs across allsectors is $340,612. In contrast, the Financial Sector shows a pronounced spike to $975,577 incomparable average recorded capital commitments.

Average Recorded Capital Committedto Successfully-Raising Active PIPRs

Data from 9/23/13 to 3/31/14

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Number of Successful PIPRs Average Recorded by Successful PIPRs

Commerce &Industry

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ConsumerGoods

8%Energy

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Financial5%

Healthcare4%

Materials1%

Services43%

Technology33%

Commerce &Industry

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Financial19%

Healthcare6%

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Services36%

Technology24%


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IV. Top 10 Industries Across All Sectors

The top two industries by recorded capital commitments, Real Estate Development and E-Commerce, remained in the same positions for the quarter-end. However, while Publishingreceived no new capital investments, Real Estate Investments Other received approximately$1.5 million in new recorded capital commitments, bringing it to the third top industry in this

category. Real Estate Development remains the top industry by recorded capital commitments,mainly buoyed by one private real estate investment fund that seeks out distressed properties inthe San Francisco Bay Area. The fund has been consistently profitable since its creation, offeringinvestors regular payments. It is likely seen as a safe investment given its positive returns andhigh liquidity, which it has maintained throughout various economic cycles.

The top 10 industries by recorded capital commitments are distributed by sector as follows: 5 inServices (E-Commerce; Specialty Retail, Other; Digital Media/New Media; TransportationServices; Publishing); 2 in Financial (Real Estate Development; Real Estate Investments Other); and 3 in Technology (Business Software & Services; Enterprise Software; Photo Sharing).

Top 10 Industries by Recorded Capital Commitments

Data from 9/23/13 to 3/31/14

Most of the industries containing the highest number of active PIPRs remained consistent withthe results shown in our February report. The number of active PIPRs in Social Media grew from180 to 198, and the second largest category, E-commerce, grew from 135 to 158. Education K-12 remained steady at 87 active PIPRs, which allowed App Software to jump to third place with 8new active PIPRs, reaching a total of 92 as of March 31, 2014.

The top 10 industries by number of active PIPRs are distributed by sector as follows: 5 inServices (Specialty Retail, Other; Fitness Services; Digital Media/New Media; Education K-12; E-Commerce); 5 in Technology (Business Software & Services; Online & Mobile Gaming; AppSoftware; Social Media; Healthcare Information Services).

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Top 10 Industries by Number of Active PIPRs

Data as at 3/31/14

These two lists show that there is a difference between which industries attract entrepreneurs andwhich industries attract investors. Only four of the industries are represented on both lists bycapital commitments and number of PIPRs: E-Commerce; Digital Media/New Media; BusinessSoftware & Services; and Specialty Retail, Other.

V. Geographic Distribution

The geographic distribution of recorded capital commitments shows similar results from theprevious month. As expected, due to the predominance of PIPR activity in the San Francisco

Bay Area, including Silicon Valley, the Western Region outpaces the other areas in terms ofcapital commitments across most sectors. The West leads other regions of the country in 6 out ofthe 8 sectors: Commerce & Industry; Financial; Healthcare; Materials; Services; and Technology.Recorded capital commitments in the Consumer Goods and Energy Sectors are higher in theSouth than in other regions of the country.

Recorded Capital Commitments by Region and Sector

Data from 9/23/13 to 3/31/14

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Sector distribution by region showed more variance than in the previous month. The ServicesSector had the highest level of recorded capital commitments in the West and the Northeast, with$32.8 million and $5.9 million in capital commitments, respectively. In the South, the leadingsector is the Financial Sector, with $9.2 million in capital commitments. In the Midwest and PuertoRico, the Technology Sector had the highest level of capital commitments, with $3.3 million and$163,000, respectively.

Number of Active PIPRs by Region & Sector

Data as at 3/31/14

Distribution of active PIPRs by region and sector continues the patterns of the previous month,with the Western Region garnering the largest number of PIPRs across all 8 sectors. TheServices Sector also had the largest number of active PIPRs across all regions. In Puerto Rico,though, there is an equal number of PIPRs in the Services, Technology, and Consumer GoodsSectors.

Top 5 States by Recorded Capital Commitments

Data from 9/23/13 to 3/31/14

As stated above, California leads the nation with $74.1 million in recorded capital commitmentsand 910 active PIPRs. Of these 910 PIPRs, 150 have successfully received capital commitments

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Recorded CapitalCommitments

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so far. The next 4 states have received somewhat comparable amounts of capital commitmentsrelative to each other (Texas: $7.7 million; New York: $7.1 million; Florida: $6.0 million; andOklahoma: $5.1 million). Of those 4 states, New York has the highest number of active PIPRs(339), followed by Texas (182), Florida (174), and Oklahoma (12).

Comparison of 5 Major Metropolitan Areas

City Active PIPRs Recorded Capital Commitments

San Francisco Bay Area*, CA 443 $39.6MM

Greater Los Angeles, CA 240 $15.1MM

New York, NY 268 $6.8MM

Chicago, IL 93 $2.9MM

Houston, TX 31 1.9MM

*Includes Silicon ValleyData from 9/23/13 to 3/31/14

The San Francisco Bay Area, which includes Silicon Valley, leads the nation in both active PIPRs(443) and recorded capital committed ($39.6 million). In contrast, the next highest-performingregion, the Greater Los Angeles Area, has slightly more than half the number of PIPRs (54.2%)and 38.1% of the amount of recorded capital commitments. As compared to the results from the

last month, these are the same top 5 cities in the same relative positions.

VI. Transaction Data Over the First Quarter 2014

The transaction data represent all recorded inflows and outflows over the quarter ending March31, 2014. As these figures are for all measured cash flows, they may indicate capital that wasraised during the quarter for PIPRs that have subsequently closed. Furthermore, individualcapital commitments may be recalled outside of the week and quarterly timeframes used to chart

this data and therefore cannot be viewedpari passu with total active PIPR raises. Each week isseven days long, with the exception of Week 13, which ran six days from March 26-31.

For the period January 1, 2014 through March 31, 2014, the CrowdWatch platform trackedapproximately $48 million in net transactions. Consistent with recorded capital commitments foractive PIPRs, the Technology and Services Sectors accounted for the highest amount oftransactions by value.

First Quarter 2014 Capital Transactions

Data from 1/1/14 to 3/31/14

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However, unlike recorded capital commitments for active PIPRs as at March 31, 2014, the capitaltransaction percentages for these two sectors do not constitute the majority of transactionamounts. This is in part due to the higher proportion of capital transactions that occurred in theEnergy sector, which made up 3% of all active PIPRs by recorded commitments. Of seventransactions in the space, there were three that were over $1 million, with one PIPR that operatesin the Alternative Energy, Other Industry having received approximately $5 million incommitments.

First Quarter 2014 Cumulative Data Transactions

Data from 1/1/14 to 3/31/14

When viewing the cumulative transactions in the aggregate, the data show very few spikes, withthe exception of the aforementioned Energy transactions, which occurred in Week 7 (February12-18) and Week 9 (February 26-March 4) of the quarter. However, the variance becomes moreapparent when one views the transactions on a week-by-week basis.

First Quarter 2014 Weekly Transactions by Sector

Data from 1/1/14 to 3/31/14

The three weeks with the lowest transactionswhich were also the only weeks that did notexceed $1 million of net incoming transactionsin increasing order were Week 10 (March 5-11),Week 11 (March 12-19) and Week 5 (January 29-February 4).

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Given the capital commitments made to companies based in the West, one would not besurprised to find that this region accounts for the largest number of transactions over time. TheWests position is solidified with companies in California receiving net cash flows amounting to$18.5 million, or 74% of the regions total net transactions. However, it is surprising how little theMidwest and the Northeast secured relative to the South. Businesses in Florida, Oklahoma andTexas received the highest level of transactions, at $5 million for Florida and Oklahoma, and $3.6million in Texas, which cumulatively account for 80% of the regions transactions.

First Quarter 2014 Cumulative Transactions by Region

Data from 1/1/14 to 3/31/14

When this same data is shown by week, businesses in the West and the South are mostfrequently the leading recipients of capital. The only significant regional outflow appears to be theresult of redemption from a Massachusetts-based company, which was made in Week 4.

First Quarter 2014 Weekly Transactions by Region

Data from 1/1/14 to 3/31/14

VII. Capital StructureIn comparison to the capital structure data from the previous month, the distribution of recordedcapital committed by security type through March 31, 2014 shows a mere 1% shifting fromconvertible debt to equity. The distribution of number of issues by security type is unchanged.

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Equity is clearly the preferred security type for PIPRs raising capital, but convertible debt remainsa solid alternative option for those seeking more flexibility.

Recorded Capital Committed Number of IssuesBy Security Type by Security Type

Data from 9/23/13 to 3/31/14 Data as at 3/31/14

The following chart displaying recorded capital committed by region and security type shows that

equity is the preferred type of security, followed by convertible debt and then debt, across 4 of the5 regions. PIPRs in the Northeast Region, however, have received slightly more capitalcommitments in the form of convertible debt ($6.4 million) than in equity ($5.8 million).

Recorded Capital Committed by Region and Security Type

Data from 9/23/13 to 3/31/14

The chart of number of issues by region and security type shows a similar trend as that shownabove, and continues the pattern from the previous month. Equity continues to be the preferred

security type, as shown by the proportion of number of equity issues, relative to debt andconvertible debt. Even in the Northeast, where convertible debt had a slight edge in amount ofcapital commitments, the number of equity issues (411) far outweighs the same figures forconvertible debt (115 issues) and debt (32 issues).

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Number of Issues by Region and Security Type

Data as at 3/31/14

VIII. Form D Filings

Under Regulation D, an issuer selling securities in a Rule 506 offering must file a Form D with theSEC no later than 15 calendar days after the first sale of securities in the offering. The chartsbelow display 506(c) Form D filings with respect to number filed and total offering amount bysector. Additionally, there is a comparison between Form D filing activity and PIPR activityreported on CrowdWatch,both in terms of raw numbers of filings and listings, as well as numbersof companies that have successfully sold securities or received capital commitments. The data inthe charts below come from the SECs EDGAR database and include amendments, asapplicable. The Industry Groups included in line 4 of Form D have been mapped to our sectorclassifications for the purposes of comparison and consistency within the larger data compilation.

Total Number of 506(c) Form D Filings, by Sector

Data from 9/23/13 to 3/31/14

The total number of 506(c) Form D filings across all sectors since 9/23/2013 is 1,079, with almosthalf (46.9%) coming from the Financial Sector. The Services Sector has the lowest number of506(c) filings during this period. These sector-wide figures stand in contrast to the PIPR data we

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aggregate, which show the two largest sectors to be Services and Technology. Thesedifferences may be explained in part by the inherent differences between the two data sets. FormD data encompass information from all issuers that file, while the CrowdWatchdata are limited todata from the intermediaries included in our platform.

Total Offering Amount Reported on Form D Filings, by Sector

Data from 9/23/13 to 3/31/14

According to the Form D filings, the total offering amount in 506(c) offerings across all sectors is$40.9 billion.

1This figure includes one 506(c) issuer from the Commerce & Industry Sector that is

seeking to raise $20 billion. Accounting for this one outlier reduces the Form D 506(c) totaloffering amount to $20.9 billion. Of this adjusted amount, $15.7 billion is the total offering amountin the Financial Sector. This figure represents 74.8% of the adjusted total offering amount acrossall 506(c) Form D filings, and is materially higher than the comparable 46.9% figure discussedabove with respect to the relative number of 506(c) filings in the Financial Sector.

Form D Activity vs. CrowdWatchPIPR Activity

Data from 9/23/13 to 3/31/14

1The Form D figures for Total Offering Amount do not include amounts for 268 issuers that have

answered Indefinite under Total Offering Amount on line 13.

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According to the Form D filings data, there are 1,079 506(c) Form D filings through March 31,2014. Of this amount, 766 companies (70.9% of the total) have successfully raised capital.

2 In

comparison to the same figures from last month, this represents an increase of 116 filings (12.0%increase), and an increase of 84 companies (12.3% increase) reporting a positive total amountsold.

In contrast, there are 3,593 total U.S. PIPRs listed on CrowdWatchduring the same time period(2,834 active PIPRs and 759 no longer listed on our platform). Of this total, 555 have positiverecorded capital commitments and 49 have reported capital commitments greater than or equal totheir target amounts. Compared to figures from the previous month, this represents an increaseof 81 companies (17.1% increase) with positive commitments, and 11 PIPRs (28.9% increase)raising more than or equal to target.

To the extent the number of total PIPRs exceeds the number of Form D 506(c) filings, thisdifference may be explained in part by the fact that all but 555 of total PIPRs have yet to receivecapital commitments, and thus their Form D filing obligations have not yet ripened.

3

IX. Women-Owned and Women-Led Companies

In compiling market data on PIPR activity, we track many different attributes, including ownershipand leadership by women. For the purposes of this analysis, we define women-owned as anycompany having one or more female founders, and women-led as any company with one or moreC-suite or executive-level women in management.

Number of Women-Led PIPRs and Women-Owned PIPRsRelative to Total PIPRs, by Sector

Data as at 3/31/14

The above chart compares the number of women-led PIPRs and women-owned PIPRs to total

PIPRs, and breaks down these figures by sector. Out of a total of 2,834 total active U.S. PIPRs

2 For the purposes of this analysis, successfully raising capital is defined as having a positive

Total Amount Sold, as reported on line 13 of Form D.3As discussed above, any comparison of Form D filings and PIPR data should also consider the

inherent differences between the two data sets. Form D filing data encompass information fromall issuers that file, while CrowdWatchdata are limited to data for the intermediaries included inour platform. Other differences may also be explained by inconsistencies in issuer compliancewith Form D requirements.

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since 9/23/2013 across all sectors, 524 are led by women and 500 are owned by women. Thisrepresents 18.5% and 17.6%, respectively, of the larger total. The distribution of thesepercentages by sector shows a similar pattern to last months figures, with the highest percentageof women-led and women-owned PIPRs represented by the following sectors: Consumer Goods(23.1% and 22.7%, respectively); Services (22.6% and 22.0%, respectively); and Healthcare(21.2% and 19.5%, respectively). The Commerce & Industry, Technology, and Energy Sectorsaccount for the lowest percentage of women-led and women-owned companies (13.7 and 12.0%for Commerce & Industry; 13.1% and 12.1% for Technology; 10.4% and 10.4% for Energy,respectively). Trending towards the overall average percentage figures are the Materials Sector(17.6% for both categories, although the statistical significance of these lower numbers is ofnote); and to a lesser extent the Financial Sector (15.5% and 13.5%, respectively, although thesefigures are on the low end, since both are below the sector-wide averages).

Even though the Services and Technology Sectors attract the largest total number of activePIPRs, it is the Consumer Goods, Services, and Healthcare Sectors that are attracting the largestpercentage of women-led or women-owned PIPRs. This pattern was also evident during lastmonths data compilation.

With respect to raw numbers, however, the Services and Technology Sectors still lead in terms ofnumber of women-led and women-owned PIPRs (275 and 268, respectively, in Services; 121 and

112, respectively in Technology), followed by the Consumer Goods Sector (56 and 55,respectively). The Services and Consumer Goods Sectors therefore earn spots on both thehighest percentage and highest raw number compilations, both this month and for the monthended February 28, 2014, reflecting perhaps the beginning of a trend for women-led and women-owned private companies engaging in 506(c) offerings.

While the chart above shows relative number of PIPRs by sector, the following chart showsrecorded capital commitments to women-led and women-owned PIPRs relative to total activePIPRs across all sectors. The above chart showed which sectors are attracting womenentrepreneurs and women leaders. The following chart shows which women-led and women-owned companies by sector are attracting the most capital.

Recorded Capital Commitments to Women-Led and Women-Owned PIPRsRelative to Total PIPRs, by Sector

Data from 9/23/13 to 3/31/14

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The total recorded capital commitments to all active U.S. PIPRs across all sectors sinceSeptember 23, 2013 is $134.6 million. Of this total, $34.1 million in capital commitments has goneto women-led companies, and $22.7 million has gone to women-owned companies. Thisrepresents 25.3% and 16.9%, respectively, of total capital commitments to all PIPRs,respectively. These sector-wide capital commitment percentages are higher than the 18.5% and17.6% percentages by number of PIPRs, discussed in connection with the first chart above.

The percentage breakdown by sector shows much more variance across all sectors than isshown in the comparable percentages based upon number of PIPRs. Repeating the patternshown in the previous monthalthough switching relative positionsthe three highest sectors interms of capital commitments to women-led companies are Healthcare (49.2%), ConsumerGoods (39.6%), and Financial (32.6%). The Healthcare figure is of particular interest, as it showsthat almost half of all recorded capital commitments in that sector went to women-led companies.The Technology and Services Sectors also posted strong results with 24.3% and 21.9%,respectively, of total capital commitments going to women-led companies. There is a large gapbetween those sector percentages and the bottom group, which is comprised of Commerce &Industry (4.4%), Energy (3.9%), and Materials (a small category to begin with, posting 0% forwomen-led PIPRs).

The Consumer Goods Sector tops the women-owned ranking of recorded capital committed as apercentage of total, with 35.6% of total capital commitments. Next in order are: Services (21.0%);Technology (20.2%); and Healthcare (18.5%). Repeating the above pattern shown for women-led companies, there is also a large gap between the middle group and the bottom group, withthe Financial (5.0%), Commerce & Industry (3.9%), Energy (3.9%), and Materials (0%) sectorsrepresenting this bottom rung in capital commitments to women-owned companies.

Most of the women-led and women-owned percentages are comparable in relative terms acrossthe sectors, except in the Healthcare and Financial Sectors. For those two sectors, the capitalcommitments to women-led PIPRs outweigh the same figures for women-owned PIPRs. Thismay be due, in part, to a number of successfully-raising, women-led PIPRs that do not havewomen founders.

X. Conclusion

As the PIPR marketplace continues its upward trajectory both in terms of new offerings andattracting more commitments, it is establishing itself as a viable, alternative form of financing forentrepreneurs as well as small and medium businesses. However, given its rapid growth, itoriginally developed in the absence of the necessary infrastructure to help connect investors andthose seeking capital from the plethora of options. CrowdWatch addresses this need byaggregating and normalizing this information so it is readily available for market participants tounderstand and navigate. Through the transparency that CrowdWatch provides, we aim tosupport this industry in its maturation to a mainstream asset class for the crowd.
https://www.crowdwatch.co/https://www.crowdwatch.co/https://www.crowdwatch.co/https://www.crowdwatch.co/https://www.crowdwatch.co/https://www.crowdwatch.co/


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About Our Sponsors

Venture-catalystSpringboard Enterprisesis the premier platform where influencers, investors andinnovators meet to help women build big businesses starting small. Springboard sources,coaches, showcases and supports women-led growth companies seeking equity capital forproduct development and expansion.

545 women-led companies have participated in Springboard's accelerator programs; raising $6.2billion, creating tens of thousands of new jobs, and generating billions of dollars in annualrevenues. 83% of Springboard companies are still in business as independent or merged entities,including 10 IPOs and many are the technology engines of publicly traded companies.

We are a non-profit 501c3 organization based locally in the USA but acting globally to acceleratewomen entrepreneurs' access to growth capital. We place great emphasis on collaborating withother business and entrepreneurial organizations, academic institutions, government offices andcorporations to deliver results.

The Kingdom Trust Companyis the leader, visionary and pioneer self-directed IRA custodian forcrowdfunding, peer-to-peer lending, and private equity and debt marketplace. Kingdom Trust isthe only true institutional provider that works with the most crowdfunding platforms and portals asa result of leading-edge, seamless and efficient on-line account processing, and the most

competitive institutional pricing. From simple self-directed IRA custody of alternative assets forthe individual investor to sophisticated solutions for institutional clients, Kingdom Trust serves awide array of clients seeking portfolio diversification.
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Crowdcast Networkis a web-based media platform that showcases the breakthrough innovationsof emerging entrepreneurs, as well as the profiles of privately held companies raising investmentcapital. It is also one of the premier providers of informative programming from the world ofequity crowdfunding.

Ventureneeris a content marketing and market research company, which helps corporationsreach small businesses through branded marketing and social media opportunities that generatevisibility, thought leadership and brand loyalty.
http://crowdcastnetwork.com/http://ventureneer.com/http://ventureneer.com/http://ventureneer.com/http://ventureneer.com/http://crowdcastnetwork.com/http://crowdcastnetwork.com/


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About CrowdneticCrowdnetic is a leading provider of market data solutions and technology to the globalcrowdfinance marketplace. We operate the industrys premier centralized hub for real-time marketdata aggregated from platforms across the globe.

Founded in 2011 by experienced financial technology and data industry experts, Crowdnetic iscommitted to creating a productive and sustainable marketplace for the global crowdfinanceindustry. Bringing over 15 years of experience in building complex, data intensive customizedsolutions, the leadership team has been instrumental in revolutionizing the industry throughdeveloping market data and analytics solutions.

Crowdnetic owns and operatesNowStreetWire.com,CrowdWatch.co and is a co-producer of thepremier peer-lending conference,LendIt,the largest and most recognized conference in the P2Pand online lending industry.

For sponsorship opportunities, please contact us at:[email protected] media inquiries, please contact us at:[email protected].
http://www.crowdnetic.com/http://www.crowdnetic.com/http://www.nowstreetwire.com/http://www.nowstreetwire.com/http://www.nowstreetwire.com/https://www.crowdwatch.co/https://www.crowdwatch.co/http://www.lendit.co/http://www.lendit.co/http://www.lendit.co/mailto:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]://www.lendit.co/http://www.nowstreetwire.com/http://www.crowdnetic.com/https://www.crowdwatch.co/

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