Vancouver BC based FrontFundr is sharing its love of Canadian businesses with everyone this Valentine’s day.
However, it’s a task the company takes seriously throughout the year, according to Peter-Paul van Hoeken, FrontFundr’s Founder and CEO:
“As Canada’s largest investment crowdfunding platform, we carry startups and growth companies in our hearts. They are the growth engine of Canada and they need access to the financing they need to grow and thrive. That’s why we created a community of everyday people who love Canadian business as much as we do. Everyone should be able to invest in the companies they believe in. With our online investing platform, we’ve democratized investing in private companies.”
To show their devotion to Canadian business, FrontFundr is actively encouraging securities regulators to make the private capital markets more accessible. The Company believes that the easier it is for Canadians to invest, the faster the economy can grow.
Van Hoeken added, “As we continue our journey and build out our company, we ask you to help us grow. We have completed over 32 successful raises on our platform, each raising from $100,000 to over $1,000,000. People just like you are providing the capital to develop Canada’s greatest companies -- become part of the movement and share in our success!”
FrontFundr continues to expand in the private capital markets, helping more Canadian companies get funded. From startups that are looking for seed capital, to growth companies looking for expansion capital, FrontFundr is Canada’s number one investment crowdfunding platform.
Founded in Vancouver four years ago, FrontFundr now operates its fully bilingual online investing platform in eight provinces, including Quebec. Last year, Frontfundr opened a Toronto office, solidifying the company’s leading position as an online private markets platform in Canada.
FrontFundr - The heart of Canadian business- Le coeur des entreprises Canadiennes
Backgrounder
What is Equity crowdfunding? Equity Crowdfunding is when a crowd of people invest in a private company for shares in that company, typically facilitated online.
How long has it been around? Equity Crowdfunding has been available in Canada in 2015, has opened up the market for everyday Canadians to easily invest in carefully vetted opportunities through an online platform.
Who can invest? All Canadians can invest, not just accredited investors, as was the case in many jurisdictions prior to 2015. However, the government does limit individual and total investments, to protect individuals.
Is it like Kickstarter? Well yes and no, yes it is online, and yes you need a crowd, and often there is a finite window, so you can miss out, but you actually get shares in the company you are investing in, rather than some cool gadget. Saying that, a number of equity crowdfunding campaigns do give perks too, these can be extra shares, discounts, or the company’s product or service. Red Mountain just completed a successful raise on FrontFundr and they gave people who invested at certain levels ski passes.
What’s in it for the company? As well as getting the capital, the company gains investors who believe in what they are doing. They are often a large group of vocal advocates, users and purchases of the company’s wares.
What is the market opportunity in Canada? The public market is $41billion, while the private market is $100 billion. Equity Crowdfunding increases access to the private market for many Canadians shut out before. Sources: CVCA (2017), TMX (TSX:X) (2017), OSC (2017), Goldman Sachs (NYSE:GS) (2017): FrontFundr Team Analysis (2018)
FrontFundr is an online investing platform that empowers Canadians to find and make direct investments in the private companies they believe in - and become stakeholders in their future. FrontFundr’s online exempt market dealer (EMD) status plus its modern technology lets users across Canada easily invest in innovative growth businesses in under 12 minutes, and starting from $250. Invest in the Future.
For more information: Peter-Paul van Hoeken [email protected] or Victoria Bennett [email protected] 403 589 7992
www.frontfundr.com
facebook.com/frontfundr
twitter.com/frontfundr
LinkedIn.com/company/frontfundr
