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2024 Equity Crowdfunding Wrapped

Writer's picture: Serena HughesSerena Hughes

Industry Overview

The equity crowdfunding landscape saw remarkable evolution in 2024, with established companies increasingly embracing digital fundraising and sophisticated marketing strategies driving record-breaking raises. In DNA's final webinar of the year, Jason Fishman and Abby Kehr unpacked the trends that shaped the industry.

Record-Breaking Growth

The surge in live Reg CF deals reached approximately 640 active campaigns – a historical high. November 2024 particularly showcased this momentum, with total investments reaching $33M. The median raise remained under $110K, while the top 7% of campaigns breached the $1M mark, demonstrating the space's expanding potential.

Success Stories & Market Dynamics

While the top 10% of campaigns consistently captured the lion's share of investments, standout successes demonstrated the market's maturity. Energy X became the first to hit the full $75M Reg A+ limit, while Boxable accumulated over $170M across multiple raises. These victories weren't just about numbers – they showcased the power of sustained marketing efforts and authentic leadership presence.

Leadership's Critical Role

"The CEOs who take on more of a leadership role and really stand out in front of their campaigns have the most success," noted Kehr during the webinar. This observation was evident in campaigns like AtomBeam's, which surpassed $15M in their current Reg A+ offering through consistent engagement and regular investor webinars.

Looking Ahead to 2025

The industry appears poised for further growth. Proposed tax incentives for retail investors (50% credit up to $2,000) could dramatically expand the investor pool. Combined with increasing pathways to IPO and developing secondary markets, equity crowdfunding is evolving from an alternative funding route to a mainstream capital raising strategy.

Key Takeaways for Founders

For founders considering equity crowdfunding in 2025, the playbook is clear: successful raises typically run 4+ months, invest roughly 10% in marketing, and prioritize consistent content marketing alongside strategic PR. But perhaps most importantly, they require authentic leadership engagement and clear value propositions that resonate with retail investors.

🎯 Want to dive deeper into the numbers and strategies? Download the complete presentation deck below.


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