NextGen Data Shows A 262% Quarterly Increase in Title III Investments Since New Rules Took Effect in May
December 16, 2016 09:00 AM Eastern Standard Time: LOS ANGELES–(BUSINESS WIRE)-–NextGen Crowdfunding, the leading company that helps people explore investment crowdfunding, announces that investor commitments into Title III equity crowdfunding campaigns have surpassed $15 million. NextGen is tracking Title III companies through the “NextGen Dashboard,” which displays progress of investor commitments since the new SEC crowdfunding regulations took effect last May.
According to NextGen data, there has been a 262% growth in investor commitments between the second quarter and fourth quarter of this year. NextGen research also shows that investor commitments have effectively doubled each quarter since the new regulations took effect last May:
Second Quarter (May-June): $2,204,733 total investor commitments
Third Quarter (July-September): $4,825,132 total investor commitments
Fourth Quarter (O…