iDisclose, a technology company, recently made headlines in the crowdfunding world. Earlier this month, Indiegogo, in partnership with MicroVentures, an online investment bank, announced the launch of a new equity crowdfunding service which allows anyone to invest in startups and growing companies. Guess who powers the regulatory filing process?
According to the official news release, along with investment listings featured on both Indiegogo and Microventures, startups can also take advantage of the simple regulatory filing process, powered by iDisclose. Through an online questionnaire, this service automates legal document preparation.
“Our mission has always been to make it easier for individuals to raise money for projects they are passionate about and this is the latest way we’re helping entrepreneurs access the financing they need while also giving backers the chance to invest in new companies,” said David Mandelbrot, CEO of Indiegogo. “Since Indiegogo first launched we’ve wanted to offer these sort of investments, and we’re very excited to be officially giving the millions of people who visit our platform every month the chance to get involved with equity crowdfunding opportunities.”
Headquartered in New York City, iDisclose wants to help take the stress out of raising capital. The company aims to achieve this through their impressive product portfolio, which boasts the following:
- Form C, a drafting tool that helps prepare Form C’s for a fraction of the time and cost of hiring a traditional law firm.
- Private Placement Memorandum, which helps complete a PPM in weeks for a fraction of the cost.
- PPM Risk Factor Tool, a solution for companies raising money that don’t want to use a full private placement memorandum or PPM disclosure document.
- SEC Scrubber, a free online service that allows issuers and their counsel to submit required crowdfunding documents to the Securities and Exchange Commission, to the public.
When it comes to raising capital, disclosures are key not only for informing investor; but, in also protecting entrepreneurs from investor suits and SEC actions. This is where iDisclose comes in and, depending on the type of fundraiser, generates a Form C or a PPM.
Currently, the company is under the leadership of Georgia Quinn, CEO and co-founder of iDisclose. A securities attorney specializing in crowdfunding, Quinn, in 2014, was named one of the Top Female Attorney in New York City by Thomson-Reuters. "We are doing this because we believe in the power of crowdfunding and we want to see this industry succeed,” said Quinn. “This has been a silly stumbling block for hard-working and well prepared issuers, and we want to remove it."
Thanks to its combination of industry expertise and technology, iDisclose allows entrepreneurs to focus on their main goal: ensuring the future of their companies. The investment community looks forward to future developments from the company.
To learn more about iDisclose, visit www.idisclose.com.
In the interest of full disclosure, we call the reader's attention to
the fact that Equities.com, Inc. is compensated by the companies
profiled in the Spotlight Companies section. The purpose of these
profiles is to provide awareness of these companies to investors in the
micro, small-cap and growth equity community and should not in any way
be considered as a recommendation to buy, sell or hold these securities.
Equities.com is not a registered broker dealer, investment advisor,
financial analyst, investment banker or other investment professional.
We are a publisher of original and third party news and information.
All profiles are based on information that is available to the public.
The information contained herein should not be considered to be complete
and is not guaranteed by Equities.com to be free from misstatement or
errors. The views expressed are our own and not intended to be the basis
for any investment decision. Readers are reminded to do their own due
diligence when researching any companies mentioned on this website.
Always bear in mind that investing in early-stage companies is risky and
you are encouraged to only invest an amount that you can afford to lose
completely without any change in your lifestyle. Equities has been compensated with cash, common stock and/or warrants for market awareness services provided.
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer