WealthForge has announced they have reached the half billion dollar milestone in capital investment transactions processed. WealthForge reports these investments have helped fund more than 300 private offerings hosted on their platform. with an average offering size of $17 million.
“We’re very pleased by the momentum we’re seeing in our business. Our average offering size—currently $17 million—has grown 50% in the past year. More than $200 million was invested in 2017 alone, and we’ve seen an exciting ramp up in volume heading into the new year. ” said Mat Dellorso, Chief Strategy Officer and Co-Founder.
WealthForge says Included in the $500 million was a recently closed $25 million litigation finance fund and a $9 million private capital raise to fund an industrial real estate acquisition.
Also contributing was the first Regulation A (Reg A+) offering on WealthForge’s platform, which has raised capital from more than 400 investors since its October launch.
WealthForge has become an important platform in the alternative investment space by helping issuers and sponsors of private offerings take advantage of the latest regulatory changes through their technology tools.
Bill Robbins, CEO of Wealthforge described the milestone as proof of further progress on thier mission;
“We’re tremendously proud and thankful that WealthForge has become a trusted partner for so many.”