StartEngine is the largest equity crowdfunding platform in the U.S. so it often boasts some big raises on the platform. Startups can be risky and typically require funding for quick growth. People tend to invest together because more money can mean quicker growth.
While StartEngine is currently open for investment itself, this article is focused on some of the innovative startups on its site.
Like some of these startups but not sure which to invest in? StartEngine takes a 2% equity stake proportionate to the amount raised in nearly every startup raising on its platform. This means it functions as a “startup fund” of sorts as well as a high-growth startup itself.
With that, here are some of the most popular startups on StartEngine this week.
GoSun
GoSun is an innovative startup positioning itself as your go-to, one-stop shop for off-the-grid living. From solar ovens that can cook food without electricity to self-sustaining RVs and trailers, the company has it all. As the startup ramps up, it’s sitting at nearly $6 million in revenue, making it obvious why it has raised over $2 million and is one of the most popular startups on StartEngine.
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Fanbase
Tesla Inc. TSLA CEO Elon Musk recently purchased Twitter and envisions a platform with built-in payment processing between users, short- and long-form video integration and much more. What you discovered that it already exists? Fanbase is a social media startup that brings that vision to life and currently hosts hundreds of thousands of users. This startup looks to be the ultimate platform for the creator economy and has raised over $1.7 million because of its massive audience size.
Legion M
You know how Hollywood executives at Walt Disney Co. DIS and Netflix Inc. NFLX make billions of dollars on movies off you, and you make nothing? Legion M is trying to change that model as the “world’s first FAN-OWNED entertainment company.” The startup has amassed tens of thousands of investors, most of whom are everyday people. Every time you go to watch one of Legion M’s movies as an investor, you’re effectively paying yourself. Because it’s a startup, if Legion M makes it big, the gains could be massive.
You can invest in all of these startups and more on StartEngine.
See more on startup investing from Benzinga.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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