Month: December 2021

Categories
Press Releases

Our 2021 in review

Merry Christmas once again to our awesome community

It’s been a wonderful week filled with smiles and laughter alongside friends and family celebrating the Christmas holiday and getting ready for the new year.

And it’s no different here at GetEquity.

As we make our plans, write those PRDs, review those strategies, we can’t help but look back at our journey which started this year.

Shall we?

GetEquity Launch

We started the GetEquity journey at the second quarter of the year with the help of our community, friends, and network.

The power of community came in handy when all we had was the initial version of our web app, a telegram group, and 4 companies we intended to list whilst also preparing for our main launch.

Through numerous feedback and several iterations, we officially launched in July 2021. With an official press release announcing our launch and pre-seed round led by Greenhouse Capital, a video on who we are, and 5 listed companies.

To say, we were just getting started was an understatement.

Listed Companies

As I’m sure you know, one major part of GetEquity is helping startups raise funds easily while allowing investors like you and I invest from as little as $10. As a full-blown entity, we initially launched with 5 listed companies, 3 of whom closed their rounds in a few days.

From May till date, we have officially listed 15 more companies on the platform with a combined total of $400,000 to be raised. From all 15, 7 companies have successfully closed their rounds.

We also launched our other solution called dealroom, a community called Herconomy used the infrastructure to raise a total of $165,000. More of our figures below

New Features

We released three major features on GetEquity but plan to double the number in 2022😏

Gifting — We enabled all our awesome users like you to gift tokens to anyone who owns a GetEquity account in companies you have invested by using just their email addresses or username. A feature that surely came in handy during this festive season as a lot of users were able to gift their loved ones and family tokens in companies currently listed.

The DealRooms — The Dealrooms are our suite of unique investment infrastructure products and back office management tool that enables individuals, startups, VCs , communities, funds and other investors in the ecosystem manage their capital raises and investments on an accessible virtual platform seamlessly. It is a platform that enables you to organize, structure, manage and create your portfolios and deals and invest in Startups here . Here is our explainer video here

Secondary Market — We opened up the secondary market on GetEquity where you can buy and sell tokens faster. If you own tokens in companies that have closed their rounds on GetEquity, you can now sell your tokens. Once there is a matching buy request at the price you are willing to sell, your sale would be successful. You can also place a buy request for tokens in companies whose rounds you missed. If there is a matching sell request i.e someone who is willing to sell to you at the price you are willing to buy, your request will be successful.

Integrations

In order to create more seamless ways for you to invest in startups on GetEquity, we integrated a couple of payment gateways to ease transactions.

The Peer — We partnered with The Peer to allow you fund startups from your favorite fintech applications, they do this by allowing businesses easily communicate and receive payments from one another. You can fund your GetEquity wallet from any other business wallet available on The peer

FluidCoins — Being part of the first set of companies we listed, it was definitely right of us to partner with the FluidCoins also. Something about walking the talk. You can now fund your wallet using the FluidCoins gateway on our platform. With Fluidcoins, you can fund your wallet with either USDT, USDC or BUSD_BSC. However, please note this feature is currently only available outside of Nigeria.

GetEquity Talks and Ask A Founder Sessions.

In our bid to help these startups raise easily and faster, we held bi-weekly chat sessions on twitter spaces where a founder from each startup discussed and answered questions from the community on everything regarding what they are building, their goals, and vision.

This, in turn, allowed our community to get a first-hand understanding of each of these startups right from the horses’ mouth alongside viable reasons as to why they should invest in these companies.

A tradition we intend to carry into the new year for existing and incoming startups.

Traction

Here is a brief breakdown of our metrics:

You can reach us faster

As part of our improvement to our service, we will be adding more features and roadmap on building a better way to invest and raise on our platform.

We are open to suggestions and calls. You can book a meeting with us via this link if you want to reach the team and if you have any suggestions shoot us a mail at support@getequity.io

We will share a report on how each of our portfolios are faring so far so do us one big favor, look out for our emails and announcements.

We say a huge thank you for your continuous support from the moment you joined us on this journey this year. 2022 promises to be even bigger, with your support and help we tend to make BIG, BOLD and frankly audacious moves. Like our Christmas card said, “For us, the mantra has been “ Go big or Go home” and we don’t intend to go home….”

Cheers to a wonderful 2022💪🏽

From all of us at GetEquity we say,

Thank you !!!!

Categories
Press Releases

GetEquity Launches Dealroom Product to Accelerate African Venture Funding

Lagos, Nigeria — 8th December 2021: GetEquity, a Lagos-based technology startup redefining the venture capital and startup financing landscape, is excited to announce the launch of Dealroom — a suite of products that enables individuals, startups, VCs, and other investors to manage their capital raises and investments on an accessible virtual platform. Dealroom
complements GetEquity’s previously launched startup funding platform and further establishes the company as an all-encompassing facilitator of venture capital and startup financing.

This new suite of products enables GetEquity users to create private deal rooms where they can pool investments into startups and enables startups to manage their raises on a convenient and feature-packed platform. For example, a Series A startup can raise capital from their community
of users by creating a private deal room and inviting customers to invest. Dealroom features advanced tools for portfolio management, scenario modeling, valuation calculations, and more. VCs and institutional customers can use GetEquity’s Dealroom to share deal flow, raise capital for their existing portfolios, and systematically manage their own portfolios. Features for VC funds to platform their existing portfolios will come online in the coming weeks.

Dealroom breaks new ground in venture funding by enabling individuals to pool investments with other users. For example, a GetEquity user could identify a promising startup that they want to invest in and use the existing GetEquity platform to put in capital. With Dealroom, if that same user wanted to invest more than they could on just their own, they can now create a
private Dealroom and invite their friends to join, then structure their investment as one. This newly formed syndicate could then manage members, invest in new companies, and have access to all the management tools that VCs use. While in private beta, syndicates formed on GetEquity used Dealroom to raise over $150,000.

GetEquity CEO and Co-founder Dike Jude commented, “the launch of GetEquity’s Dealroom brings world-class capital raising tools to any startup and investor. Our first product was focused on bringing African startup investment opportunities to new audiences. With Dealroom, we are introducing new and secure ways for our users to pool and organize investments, manage deal flow, and raise capital for their portfolios. We are excited for our startup and investor users to get started with these new features.”

GreenHouse Capital (GHC), the leading African fintech investment fund and platform focused on supporting early-stage companies and world-class emerging market entrepreneurs, is one of the first institutional customers to use the platform. GHC previously led GetEquity’s pre-seed round.

Bunmi Akinyemiju, Founding Partner of GHC, commented, “there is a massive global interest in African investments, and GetEquity has already brought many promising startups onto a platform where they can raise money from diverse investors, including retail investors. This new product elevates GetEquity’s services and further increases the value offering for investors like
GHC.”

About GetEquity
GetEquity is Africa’s leading fundraising and venture portfolio management company. The company was founded in Nigeria by Jude Dike, Temitope Ekundayo, and Williams Okafor, two seasoned engineers and a serial entrepreneur with a combined 20+ years of experience in building products for the African market. GetEquity’s goal is to reduce friction between founders and the funding they need by giving them access to a wide range of funding options.

https://www.getequity.io/

hello@getequity.io

Categories
Using GetEquity

Gifting on GetEquity

Welcome to December and the Festive season.

It’s the season of giving and we at GetEquity plan to be right in the middle of it.

What better way to be a part of the future alongside your friends and loved ones than owning Equity in the different startups we have on our platform.

But why is it so important that we gift?

  • Build long-term wealth — Build the future alongside your loved ones by Investing together in awesome companies building key solutions for the future.
  • Show that you care — Gifting your loved one’s equity means that you care deeply about them and their future. Knowing deep down that you care about where they will be 5 years from now and that you want them on that same journey with you speaks enormously.
  • Pay it forward — Have you ever heard of the phrase; ‘One good turn deserves another’? In layman’s term, the phrase means ‘if someone does you a favour, you should take the chance to repay it.’ When it comes to gifting, people are not only excited and grateful to receive gifts, but they are also encouraged to pay it forward and be generous too.

Introducing GetEquity Gifting

A feature that allows you to gift tokens to anyone who owns a GetEquity account in companies you have invested in.

You can now gift tokens via your loved ones’ email addresses or username?

Yes, you heard correctly.

We now have USERNAMES on GetEquity. Imagine gifting tokens to your friends only using their usernames.

You can now get and secure your unique username on GetEquity. Here are the steps you need to follow:

  • Login on your mobile app or web application which automatically opens up your overview page.
  • Navigate to the “More” tab once you log in and select “Settings”
  • Once the settings page opens, click on “Edit profile”
  • Click on the “username” and input your preferred username, then save.

And Voila, your username is set and saved in your profile. Another key aspect of the username is that its UNIQUE to only you. No two people can have the same username on the platform.

Now that you have your username, what’s next?

Time to give and it shall be given unto you 👀.

With either your username or email address, you can now receive or give tokens to anyone who is a GetEquity Platform.

Building for the future starts now. And It’s best done with family and friends.

Looking for steps towards gifting equity? Follow them here:

  • Login on your mobile app or web application which automatically opens up your overview page.
  • Navigate to the “More” tab once you log in and select “Gift Equity”
  • Select the token you want to gift
  • Specify the amount you want to gift.
  • Enter recipient’s email address or username.
  • Confirm with your pin

And you are on your way to sharing the love. All in these easy steps.

All you need to get started is to launch your GetEquity app NOW.

Got any questions for us? Send us an email at support[at]getequity[dot]io.