{"id":48346,"date":"2023-10-20T15:58:23","date_gmt":"2023-10-20T15:58:23","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/equitise-launches-dual-investment-platform-for-australian-investors-as-lengthy-delays-on-equity-crowdfunding-legislation-continue-startupsmart\/"},"modified":"2023-10-20T15:58:23","modified_gmt":"2023-10-20T15:58:23","slug":"equitise-launches-dual-investment-platform-for-australian-investors-as-lengthy-delays-on-equity-crowdfunding-legislation-continue-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/equitise-launches-dual-investment-platform-for-australian-investors-as-lengthy-delays-on-equity-crowdfunding-legislation-continue-startupsmart\/","title":{"rendered":"Equitise launches dual investment platform for Australian investors as \u201clengthy delays\u201d on equity crowdfunding legislation continue – StartupSmart"},"content":{"rendered":"
\"Chris<\/div>\n

Crowdfunding platform Equitise will launch a new platform to enable sophisticated investors across Australia to co-invest in new tech ventures and startups alongside high profile venture capital firms and angel investors.<\/p>\n

Equitise co-founder Chris Gilbert says the Syndicate platform will enable investors who are new to the private company space to back ventures that have been \u201cvetted\u201d and \u201csponsored\u201d by industry veterans.<\/p>\n

The platform, which will open to the market in a couple of weeks, has already enlisted around 30 high profile venture capitalists and and angel investors, including Freelancer founder Matt Barrie, Reinventure<\/a> and Tank Stream Ventures<\/a>.<\/p>\n

\u201cInitially, it will only be open to qualified and sophisticated investors in Australia,\u201d Gilbert tells StartupSmart<\/em>.<\/p>\n

\u201cAlthough, a couple of deals we\u2019re going to be able to open up to retail investors as well [through] more heavy disclosure statements.\u201d<\/p>\n

By the end of the year, Gilbert is hoping to have about 50 Syndicate campaigns active.<\/p>\n

\u201cThe venture capital firm, family office or angel can create a profile and investment syndicate, which is essentially a white label version of the Equitise platform within the ecosystem,” he says.<\/p>\n

\u201cThey can process their own deal flow \u2026 they upload a transaction, say how much money they\u2019re contributing towards the round.<\/p>\n

\u201c[They will} show the terms on which they\u2019re investing, valuations and that sort of thing [and] they\u2019ll also upload supporting documents.<\/p>\n

\u201cThen it\u2019s up to the investor to either subscribe to that syndicate or if it\u2019s a public syndicate, invest directly into the campaign.<\/p>\n

\u201cEssentially, it\u2019s like crowdfunding but deals are sponsored by the investment community.\u201d<\/p>\n

Gilbert says Equitise developed the platform after \u201clengthy delays\u201d by the federal government pushed back legislation to enable equity crowdfunding for startups.<\/p>\n

Read more: Ed Husic claims equity crowdfunding changes will exclude 99% of companies ahead of Senate debate<\/strong><\/a><\/p>\n

\u201cAll we need is some sort of framework to go up and then we can evolve it,\u201d Gilbert says.<\/p>\n

Equitise, which has been operating in New Zealand where equity crowdfunding for startups is legislated, reports its network of investors has grown to 16,000 since launching there two years ago.<\/p>\n

\u201cLaunching a viable variation of this model that fits our regulatory framework [in Australia] has been significantly hindered and become somewhat of a political football over the past three years,\u201d says Gilbert.<\/p>\n

But Gilbert is hopeful the government’s equity crowdfunding legislation will pass after it is discussed again in parliament on March 20, 2017.<\/p>\n

\u201cThe good news is, from our understanding, it\u2019s got the Greens\u2019 and Independents\u2019 support so it can go through without Labour,\u201d Gilbert says.<\/p>\n

Follow StartupSmart on<\/em> Facebook,<\/em> Twitter, LinkedIn and iTunes.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Crowdfunding platform Equitise will launch a new platform to enable sophisticated investors across Australia to co-invest in new tech ventures<\/p>\n","protected":false},"author":1,"featured_media":58279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,8,6,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/48346"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=48346"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/48346\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/58279"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=48346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=48346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=48346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}