CHANNELS

Subscribe to the InfoTech eNewsletter

infoTECH Feature

September 17, 2012

EarlyShares Announces Acquisition of HelpersUnite Crowdfunding Portal

EarlyShares, an equity-based Crowdfunding platform, recently acquired the HelpersUnite crowdfunding portal. Introduced in September of 2011 by New York-based Crowdnetic, HelpersUnite has been designed as a dedicated platform supporting artistic and cause-related projects, as it not only raises money, but increases awareness and helps generate an audience for events.

“We investigated several potential partners and HelpersUnite was by far the best,” said EarlyShares cofounder and CEO, Maurice Lopes. “HelpersUnite was attractive because we wanted to be able to operate in the crowdfunding space while the SEC (News - Alert) writes the rules governing equity-based crowdfunding.”

The successful acquisition of HelpersUnite is the first step in EarlyShares’ vision of providing users with a wide array of crowdfunding options.

Equity-based crowdfunding regulations are expected to be finalized by early 2013.

“We are very excited to have such a respected partner take over the reins of HelpersUnite and we look forward to seeing it continue to flourish,” said Luan Cox (News - Alert), Crowdnetic’s cofounder and CEO.

HelpersUnite is the first platform which effectively brings together artistic creativity, with entrepreneurial crowdfunding and event ticket sales, along with charitable giving. Since its launch, the HelpersUnite crowdfunding portal has made it possible for more than a 100 artists and entrepreneurs to fund their dream projects, providing them with easy access to more than 1,000,000 U.S.-based charities.

The acquisition of HelpersUnite provides EarlyShares with benefits including name recognition, extensive following, and a back-end technology which can seamlessly integrate with EarlyShares' operations.

EarlyShares has been focusing on providing entrepreneurs and investors with a user-friendly equity-based crowdfunding platform that allows them to connect securely. The platform has been designed to reduce the burden on startups and small companies with respect to regulations when raising capital for their business. 

The equity-based crowdfunding platform allows new businesses to draw capital from select and small groups of investors who are aware of the startup company's business potential.

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO West 2012, taking place Oct. 2-5, in Austin, TX. Stay in touch with everything happening at ITEXPO (News - Alert). Follow us on Twitter.




Edited by Braden Becker
FOLLOW US

Subscribe to InfoTECH Spotlight eNews

InfoTECH Spotlight eNews delivers the latest news impacting technology in the IT industry each week. Sign up to receive FREE breaking news today!
FREE eNewsletter