FrontFundr, a Vancouver-based equity crowdfunding platform, said that it’s raised a combined $10 million for Canadian companies to date.
“We are pleased to announce that FrontFundr has taken part in raising a combined $10 million in capital for Canadian companies,” said Peter-Paul van Hoeken, FrontFundr’s CEO. “We have enabled over 18 Canadian companies to obtain the funding they need to grow while creating communities of supporters and advocates for each company’s products and services.”
Since investment crowdfunding was legalized in Canada in 2015, FrontFundr has allowed all Canadians to invest in early stage and growing private companies. In March 2018, FrontFundr announced a partnership with SeedUps Canada to help early-stage entrepreneurs prepare for investment.
“We are thrilled to see the growth of FrontFundr and congratulate them on reaching the $10 million milestone! It clearly demonstrates the availability and potential of investment crowdfunding capital to support the growth of Canadian businesses,” said Craig Asano, founder and CEO of the National Crowdfunding and Fintech Association.
