Yesterday, on March 15th 2021, Republic made history
At the start of the day, new rules came into effect, allowing Regulation Crowdfunding campaigns to raise up to five times the original $1 million offering cap.
Gumroad launched their campaign on Republic as soon as the new rules went live. By the end of the day, Gumroad's offering became the first regulation crowdfunding offering to hit that limit.
We are proud to be the first investment platform to hit that milestone and bring increased opportunity to both founders and investors.
We are funding the future
Republic's mission is to empower individuals to invest in the future they believe in. Since 2016, we have hosted investment offerings from companies working on non-polluting cheap fuel, hospital-grade PPE, accessible mental health, community education, ocean-farmed meat substitutes, and everything in-between. Our users have shaped the future over the course of five years and over 250 deals.
Part of creating a future in which investment opportunity is open to more people is expanding the investment landscape created by the 2012 JOBS Act, which gave us the first iteration of Regulation Crowdfunding. Republic's team has advocated tirelessly for the new rules. Now that we've seen them come into effect, we are using them to bring more issuers to our community and more funding to our issuers.
Welcome to a new era in investing
The first crowdfunded raise in history to hit the new limit is only the beginning. By raising more money to support more founders and by letting individuals decide what ideas and founders to support, we are democratizing the future of investing.
We know that together, we are creating a future we can all believe in.
Profits to the people!
Republic's latest funding round
Republic has announced a $150M Series B round led by Valor Equity Partners. Valor, known for early investments in SpaceX and Tesla, is adding Republic to its portfolio as a bet on the future of private investing and digital assets.
Amber Lewis, The Good Kitchen
If you want to change how people eat: Work hard. Play hard. And never compromise your vision.