Empower Your Business Growth: Introducing FrontFundr - Canada’s Leading Equity Crowdfunding Platform
FrontFundr is on a mission to revolutionize the private markets by simplifying fundraising for all entrepreneurs while opening up exclusive investment opportunities to everyone. They provide startups and growth companies with access to capital that helps them grow, to help Canadian entrepreneurs turn their groundbreaking ideas into reality. Since its inception, FrontFundr has raised over $200 million across 175 raises from a community of over 40,000 investors.
Start Your Fundraising Journey Today - Click Here To Apply
What is equity crowdfunding?
Equity crowdfunding is a type of equity financing where people (the crowd) can invest in early-stage private companies in exchange for shares (equity) in the company. Individual investors become shareholders and can share in the company’s future success if it does well; however, there’s also the risk that they could lose of all their investment. To get investors excited about becoming co-owners, companies can also offer perks from the company alongside equity, like free products or company swag.
Why raise capital through equity crowdfunding?
Historically, private companies have only been able to raise capital from Accredited Investors and Friends, Family, and Business Associates, or traditional avenues like Venture Capital or Institutional Capital. As Canada’s first equity crowdfunding platform, FrontFundr is democratizing the private market to ensure everyone has a chance to invest in world-changing ideas. They enable companies to raise from the other 96% of Canadians who were previously locked out from investing in these opportunities. This allows businesses to convert their customers and most passionate supporters into investors.
“Frontfundr offered a fantastic way to reach smaller investors who would otherwise be excluded from our equity raises. It is Canada’s most experienced and farthest reaching platform. Our Frontfundr raise only has a $500 minimum investment which opens the door to a lot of passionate beer and whisky enthusiasts who couldn’t previously invest.” -Graeme Macaloney, CEO of Macaloney Island Distillery
Who is a fit for raising capital via equity crowdfunding?
FrontFundr likes to refer to equity crowdfunding as “community capital”. This form of fundraising works best when a company has an established community of supporters. This could include customers, social media followers, email subscribers, it could be your neighbour, or your old friend from university who lives across the country. Essentially any fan of the company can become an investor. While FrontFundr is industry agnostic, they work with many Consumer Packaged Goods companies, Fintech or Proptech companies, Food & Beverage companies, and Social Impact companies.
What to expect when raising through equity crowdfunding?
FrontFundr is Canada’s leading equity crowdfunding platform and an exempt market dealer. As an exempt market dealer, all companies must go through their due diligence process and be approved to list on their platform. This helps companies get investor-ready. FrontFundr supports you with all the legal documentation and compliance requirements for raising from the crowd. Their team also helps you prepare your messaging and your strategy for finding investors.
How does FrontFundr simplify the fundraising process?
FrontFundr’s platform gives you the ability to process investors in as little as a few minutes. They seamlessly perform suitability on each investment, handle the documentation, and collect payment while giving you a dashboard to track your campaign performance. They give you a platform to make your pitch and the tools to help put you in front of as many investors as possible.
How much can I raise under the crowdfunding exemption?
Companies can raise $1.5M over a 12-month rolling period from retail investors through the equity crowdfunding exemption 45-110. Companies can also raise an uncapped amount through the Accreditor Investor and Friends, Family, and Business Association (FFBA)
exemptions. Retail investors can invest a maximum of $10,000 while the investment limit for Accredited Investors or FFBA investors is uncapped. FrontFundr offers diverse investment opportunities for both seasoned investors and newcomers alike. Whether you're an aspiring entrepreneur seeking equity crowdfunding for your business or a retail investor eager to support promising startups with investments starting from as low as $250, FrontFundr is your ideal destination.
Whether you are an entrepreneur looking to scale your business or an investor seeking exciting opportunities, FrontFundr provides a platform for growth and collaboration. Explore successful fundraising campaigns and take the next step in your journey by visiting FrontFundr's website today.
Disclaimer: This blog serves as an informational resource aimed at expanding readers' knowledge. Clover Spaces is not legally liable for any matters related to FrontFundr, and does not receive financial benefit from promoting their platform.
