Crowdnetic Releases Detailed State-Focused Research on Crowdfunded Equities
This crowdfunding report shows that five states in particular—California, New York, Texas, Florida and Illinois—dominate in terms of number of PIPRs and recorded capital
New York, NY (PRUnderground) June 12th, 2014
Crowdnetic released its PIPR (Private Issuers Publicly Raising) report with a special focus on state-by-state analysis on equities-based crowdfunding today. Based on data that has been aggregated and normalized since September 23, 2013 up to May 31, 2014 from thousands of PIPRs, the new report shows that the crowdfinance industry continues to gain traction in the marketplace. Including 28 charts and tables, 19 of which deal specifically with state data, the report provides an analysis of PIPR performance across the nation based on data including: sector, industry, number of active PIPRs and recorded capital commitments. The report may be purchased for $299 at CrowdWatch.co.
Co-sponsored by Kingdom Trust Company, Springboard Enterprises, SparkMarket and Ventureneer, the current report shows that five states in particular—California, New York, Texas, Florida and Illinois—dominate in terms of number of PIPRs and recorded capital commitments. California leads on all fronts and in all sectors. The predominance of California may be explained, in part, by its population, however, another explanation can be attributed to the entrepreneur-friendly culture of the San Francisco Bay Area and Silicon Valley.
Previous reports released by Crowdnetic have displayed a consistent and steady progression in PIPR activity during the eight months since the implementation of the JOBS Act Title II and this one follows the same trend. The Services and Technology Sectors continue to garner the largest share of capital commitments as well as drawing the highest number of PIPRs. The third sector in terms of capital commitments is the Financial Sector, which is boosted by the success of crowdfunding in the real estate industry.
“As we continue to gather industry data, we are very pleased to be providing an unbiased analysis of the marketplace,” said Luan Cox, CEO of Crowdnetic. “Crowdnetic is excited to be at the forefront of the global crowdfinance industry by increasing awareness, implementing structure and fostering a transparent community.”
With offices in New York City and London, Crowdnetic Corporation is a leading provider of technology and market data solutions to the crowdfunded-equities and marketplace-lending industries. Through its real-time data services, in-depth research reports and industry-leading conferences, the company provides education and transparency for the global crowdfinance marketplace. Crowdnetic’s data and technology solutions are used by hedge funds, family offices, asset managers, venture capitalists and investment banks. Find us online at: Crowdnetic.com, Lendvious.com, and CrowdWatch.co.