Today marks a milestone for Regulation Crowdfunding. The 500th company has filed with the Securities and Exchange Commission to raise funds via online portals. The chart below show the cumulative number of offerings since the launch of Regulation Crowdfunding on May 16, 2016. Since then 51% of these companies have raised over $66M from over 65,000 investors.
A key take away from the image is the rate of growth in offerings from 2016 to 2017. 2016 ended the year with 188 total offerings. 2017 is into its 3rd quarter and has already hit 500 offerings; a 266% growth over 2016 offerings … with another quarter yet to come.