Crowdfunding is when businesses, organizations or individuals fund a project or venture with small donations from many people. Put simply, a "crowd" funds a project or business, rather than one or two major investors. By receiving the necessary boost to cash flow, these ventures can get off the ground or launch new projects. Most of these campaigns happen via internet platforms, have set timeframes for when money can be raised and disclose specific monetary goals.
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Republic does not verify information provided by companies on this Portal and makes no assurance as to the completeness or accuracy of any such information. Additional information about companies fundraising on the Portal can be found by searching the EDGAR database.