BOSTON, Oct. 6, 2017 /PRNewswire/ -- Netcapital is excited to announce the formation of a strategic partnership with Techstars, the worldwide network that helps entrepreneurs succeed. Techstars has a portfolio of over 1,000 companies (growing by over 300 per year), 90% of which are still active or have been acquired. Those same companies have raised over $3.8 billion in capital. Through Netcapital.com, anyone will be able to invest in companies alongside Techstars. Netcapital has earned the confidence and support of David Brown, David Cohen, and the Techstars team. David Brown is also joining the Netcapital board.
Netcapital is a capital raising platform that connects investors to entrepreneurs to help private companies grow. It's a simple process. Startups seeking funding can list on Netcapital.com, and anyone can purchase shares online with just a few clicks. Individuals can review the list of available offerings and invest any amount between $99 and $107,000.
"We view Netcapital as a paradigm shift in the dynamics of the capital markets and the ways that startups connect with consumers," said David Brown, co-CEO of Techstars. "This means that anyone can now invest in our companies right along with us."
The Netcapital and Techstars partnership signals a movement towards online security offerings for private companies. "Most of the value created by tech companies happens in the private markets, before an IPO," said Jason Frishman, founder and CEO of Netcapital. "Techstars, as a leading global accelerator, facilitates much of that value creation. Now, anyone will be able to participate in that growth by investing through Netcapital.com into Techstars companies."
Netcapital and Techstars will begin with a few select Techstars companies and accelerator programs, with the ultimate goal of expanding to include the entire portfolio. Learn more about the partnership and check out currently listed companies at http://netcapital.com/for/techstars.
Netcapital is a private securities platform that brings together entrepreneurs and investors. For entrepreneurs, Netcapital reduces the complexity and cost of issuing shares, fundraising, and collaborating with investors. For investors, Netcapital provides deal flow and tools to track investments. Through its funding portal, broker-dealer, transfer agent, and custodian relationships, Netcapital provides services to private markets that are inspired by public markets. For more information, visit https://netcapital.com or follow on Twitter, @netcapital.
In this press release, Netcapital refers to Netcapital.com, a web site operated by Netcapital Systems, LLC, which is neither a funding portal nor a broker-dealer. Sections of the web site are operated by Netcapital Funding Portal, Inc., which conducts all 4(a)(6) offerings as a funding portal registered with the United States Securities and Exchange Commission (SEC) and as a member of the Financial Industry Regulatory Authority (FINRA). Sections of the web site are operated by Livingston Securities, LLC, which conducts all 506(c) offerings as a broker-dealer registered with the SEC and as a member of the Financial Industry Regulatory Authority. None of these companies provide investment advice or make investment recommendations; nothing shared in this press release nor posted to the web site should be construed as such.