Click to rate this post!
[Total: 0 Your Rating: 0]You must sign in to vote
Republic acquires NextSeed
Republic is thrilled to announce the acquisition of local business investment platform, NextSeed, marking our third acquisition this year alone in addition to Fig (gaming) and Compound (real estate).
NextSeed has facilitated over $20MM in investments from 25,000 members into 75 local businesses –– mostly within Houston, which is one of the fastest-growing cities, and with 7MM people, the fourth largest in the U.S. Republic will scale this proven model to other regions as soon as next year.
NextSeed also expands the capabilities of the Republic private investment infrastructure with debt financing technology that will soon be available across other Republic offerings.
Finally, Republic is proud to announce that NextSeed CEO Youngro Lee will be joining as Republic’s COO. Like Republic CEO Kendrick Nguyen, Youngro is a private investment entrepreneur with extensive legal expertise. In fact, the two companies have previously worked together on shaping this emergent new category for mainstream investment, including advocating for the recent SEC rule changes to increase the Reg CF fundraising cap from $1.07MM to $5MM where both companies were often cited. Youngro will remain as CEO of NextSeed’s parent company as well as NextSeed Securities LLC, an SEC-registered broker-dealer which will continue to operate independently.
“Private investing is the next mainstream fintech category,” Republic CEO Kendrick Nguyen said. “The NextSeed acquisition is just the latest milestone for Republic as we deliver the most expansive platform of marketplace offerings and investment types for private investors globally.”
Republic has now built or acquired the RegTech components necessary to enable a wide variety of investment types, including Reg CF, Reg A, Reg A+, Reg D, Reg S, real estate, debt financing, revenue sharing, and crypto assets.
“Private investing is legally complex to deliver at scale,” NextSeed CEO and incoming Republic COO Youngro Lee said. “The decision to join forces with Republic was simple: no other platform in the world has anywhere near this level of legal engineering.”
Republic has matched this infrastructure growth with marketplace growth — now offering deals across industry verticals including local business, gaming, real estate, crypto, and startups.
This is why Republic is a leading private investment platform with 800,000 members and over $200 million facilitated through more than 250 deals.
We are delighted to welcome NextSeed to the Republic family and to offer our community new ways to build wealth with private investing through this latest acquisition. The future at Republic gets only brighter from here.
Explore new local business investment opportunities on Republic.
The Confident Investor
Our friend Lisa Carmen Wang has launched The Confident Investor, a new podcast and newsletter to educate you on the exciting world of startup investing. To celebrate the launch, Lisa’s giving one winner $1,000 to kick off their angel investing journey along with 50+ other prizes. Learn more and register here.
Launched this week
Luxury condo development that connects nature, vacation and art in Tulum, Mexico
Startups closing soon
Furry Fortune The Movie is about to close!
$349,715 raised · $100 min. investment
A story filled with action, comedy, and drama for the whole family
Procertas: Procertas LLC’s LTA About to Become Multi-Lingual w/ the Eminent Release of the French-Canadian Version!
Edible Garden: Edible Garden Campaign to Scale Safe Zero Waste Inspired Farming
18.21 Drinks: Stocking Up!
Plant an App: $100k+ raised, Featured EAP Case Study & Big Things Ahead!
Ratio: “Coffee Battleground During Coronavirus Era Is Your Kitchen Counter”… and Rolling Close!
Choose Health: Choose Health Update
Levered Learning: Investment Roadshow
Stojo: Stojo Mentioned in Newsday, Brit + Co, USA Today, and more!
Dollaride: Update #10: Dollaride LIVE on Facebook, and Attn: Campaign Followers
Blended Sense: Launching E commerce store just in time for holidays!
Nectar Tulum: Construction update
Audios: Did you know? You can use your retirment account (IRA) to invest in Audios
Flexable: Flexable was featured on the Winning at Business and Life Podcast!
Tapa: 11 Things to Know About Tapa and Tapa’s CEO. TalkMarkets interviews Ben Steinberg.
Janover Ventures: Why invest in us?
AERA: AERA featured in the latest issue of the Hamptons magazine!
1World Online: [Register Now] 1World Advocates Webinar