SteelBridge Laboratories, LLC, (“The Lab”) a premier FinTech incubator, today announced its successful exit of portfolio company EquityNet, a recognized innovator in the crowdfunding and marketplace financing sector.
Founded in 2005, EquityNet is a leading pioneer in the investment sector for entrepreneurs and business owners with one of the largest business funding platforms. EquityNet holds many patents in the space and has helped over 100,000 individual entrepreneurs connect with investors, lenders, incubators, government support entities and other members of the entrepreneurial community. EquityNet provides access to thousands of approved, self-accredited investors and has helped entrepreneurs across North America raise over $300 million.
“We are pleased to see the culmination of EquityNet’s successful growth with the acquisition of EquityNet by a leading marketplace venture fund, which will continue to advance the ever-expanding crowdfunding market,” said Tim Haluszczak, Partner and Co-Founder of SteelBridge Labs. “The results of this investment validate our investment thesis for successfully building and exiting FinTech companies.”
To read the official Press Release, click here.