StartEngine Launches First Equity Crowdfunding Platform to Redefine Investing for the Millennial Generation


Hot “Green” Automotive Startup ELIO MOTORS, YouTube Star-founded Game Company XREAL Among Initial Partners
June 19, 2015 07:30 AM Eastern Daylight Time

LOS ANGELES–(BUSINESS WIRE)–StartEngine Crowdfunding Inc. today launched the premier equity crowdfunding platform, allowing individuals to invest in private companies on a public platform. In a historic first, StartEngine connects aspiring investors, including North America’s 80-plus million Millennials, with the progressive companies of tomorrow, including startup launch partners Elio Motors and mobile games publisher XREAL. The launch corresponds with Regulation A+ of the JOBS Act, which officially takes effect today and enables a broad new range of startup investment opportunities. To learn more and begin investing today, visit www.startengine.com.

“We’re thrilled to be raising funds in a progressive and personal new way that better resonates with my generation.”

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Ron Miller

“At StartEngine, our goal is to not only become the leading equity crowdfunding platform, but to help entrepreneurs achieve their dreams,” said StartEngine CEO Ron Miller. “We’ve built an industry leading platform to allow companies to take advantage of the greatest advancement for entrepreneurship in a generation. Companies can now advertise the sale of their stock and anyone, not just wealthy people, can invest.”

Partnering with StartEngine at launch, Elio Motors is a transportation startup that challenges the status quo of personal transportation. Founder Paul Elio has created a fun-to-drive, super-economical personal transportation alternative that’s affordable, safe, and environmentally friendly. The Elio is an ultra-high-mileage (up to 84 MPG), sleek American-made two-seater for an incredibly affordable base price (expected to be $6,800). The Elio is perfect for a wide variety of drivers. Owners of SUVs, minivans and pickup trucks see it as an AND vehicle – keep the functionality of the big vehicle AND you can still afford an Elio for solo commutes. It’s also a great vehicle for first time drivers, college students and “clunker” owners.

“Partnering with StartEngine was a natural fit, since Elio and StartEngine are both built on the principle of efficiency and cutting out unnecessary obstacles in the way of progress,” said Elio Motors founder Paul Elio. “StartEngine is poised to disrupt the course of traditional investment, just as Elio aims to alter the course of how people commute.”

Also partnering with StartEngine at launch is XREAL, a startup mobile game publisher poised to become a leader in mobile eSports. XREAL was co-founded by Jordan Maron (YouTube’s CaptainSparklez – 8.6 million subscribers) and Howard Marks, co-founder and former studio chairman of Activision and Executive Chairman of StartEngine. XREAL’s first title is Fortress Fury, a competitive tower building game that reached more than 1.5 million downloads in its first month in the marketplace. Built for the world’s largest gaming platform, XREAL seeks to elevate mobile and tablet gaming. With multiplayer action optimized for both in-game and real-world tournaments, Fortress Furry is helping to take the global eSports phenomenon onto mobile.

“StartEngine’s alternative investing platform makes it possible for anyone to back the companies they believe in and truly share a stake in their success,” said XREAL co-founder Jordan Maron. “We’re thrilled to be raising funds in a progressive and personal new way that better resonates with my generation.”

StartEngine empowers investors to dip their toes into equity crowdfunding by providing the resources, information and support for everyday consumers to make educated investment decisions. Thanks to Title IV of the JOBS Act and the just-approved Regulation A+, the general public is now able to become shareholders in exciting new startups before reaching an initial public stock offering. Unlike traditional crowdfunding, where backers can only anticipate physical goods or karmic compensation, equity crowdfunding makes it possible to get in on the ground floor and support startups in a whole new way.

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Howard Marks

StartEngine is a Los Angeles-based firm created in 2011 by Howard Marks, co-founder of Activision, a $14B market cap video game publisher, and Ron Miller, a four time Inc. 500/5000 Award recipient and professional entrepreneur who has successfully founded five companies. More information about StartEngine is available on the official website: www.startengine.com.

Visual assets, including product shots, renders and logos can be downloaded via the following link:https://www.hightail.com/download/bXBhaklwTlFKV004RmNUQw

About StartEngine Crowdfunding, Inc.

StartEngine is the premier equity crowdfunding platform, connecting Millennials and aspiring investors with tomorrow’s progressive companies. Based in Los Angeles, the company was created in 2013 by Howard Marks, co-founder of Activision, and Ron Miller. StartEngine aims to revolutionize the startup business model by helping individuals invest in private companies on a public platform for the first time in history, thereby helping entrepreneurs achieve their dreams. Learn more athttp://www.startengine.com

Contacts

fortyseven communications for StartEngine
Craig Sinel, 323-658-1200
startengine@fortyseven.com

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About Stephen G. Barr, Group Publisher

Author, Syndicated Columnist, Editor In-Chief and Group Publisher at SGB Media Group, a social media marketing firm specializing in digital media content production, publishing, affiliate marketing, public relations and advertising. Over 25 years experience in retailing, advertising, website & online forum development, niche social networking, affiliate marketing, search optimization, branding and identity, site location, non-profit fund raising. Event planning, promotion, production and MC/Host at public events. Author, Editor & Publisher of 35 syndicated, digital publications utilizing multiple digital distribution channels in conjunction with launching and administrating national advertising campaigns for major Fortune 500 advertisers in partnership with Google, Ning, Facebook, Myspace, Yahoo, DoubleClick, LinkShare, PepperJam and other industry leading third party affiliate networks. Product development team member from conception to launch on many websites, tangible goods and organizational structure for start ups. Specialties: Public relations, retailing, advertising, website & online forum development, niche social networking, blogging, email campaigns, affiliate/performance marketing, search optimization, branding and identity, site location, event production & promotion, non-profit fund raising and tasteful, responsible adult content publishing. An internationally recognized and read social media columnist & pundit on The Examiner, Associate Content, Vator.tv, X-Biz.net and Technorati and his own affiliated sites.
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