ASSOB Raises $120mil and 2000 Investors
Entrepreneur, Private Equity, Capital Raising
The Australian Small Scale Offerings Board (www.assob.com.au) recently announced its Capital Raising Platform has recently passed $120 million in funds raised with over 2000 individual investors.
A recent analysis of the past 5 years gives some indication of investor behaviour on the platform. While several companies have gone from ASSOB to stock exchanges like the ASX and AIMS, and others have exited through trade sales, it is interesting to see what the stats tell us about investors.
Finding companies to list an opportunity on a website or a magazine is not difficult. But getting investors to invest via the website, magazine or platform is not easy.
The ASSOB sponsoring members have played a significant part in converting “lookers” to “investors”.
Here is a look at the past 5 years of investment on ASSOB:
• Total number of individual investments in ASSOB listed companies 2328
• Total number of individual Investors 2005
• Average investment per investor $38,023
• 176 Companies received investment
• 152 are still operational
• Average invested per Company $503,305
• Highest individual company raise $3,540,000
For companies seeking growth capital who only focus on angel investing in Australia and Venture Capital– you are overlooking a significant source of funds available from company distributors/suppliers, foreign investors, SMSF and company followers. ASSOB sponsors structure a company effectively to capture this support in a smart and effective way.
Whilst startup capital is the hardest to raise. Many of the companies counted above were startups – but countered their startup status by attracting experienced personnel to their teams.
Kate Ingham is Senior Client Manager with equity capital and ASSOB sponsoring member firm Alchemy Equities – a boutique corporate advisory firm based in Sydney, Australia which raises growth capital for businesses throughout Australia.
, Equity Capital Raising
, Investment Funds
, Private Equity
, Private Equity Firms
, Private Equity Fundraising
, Venture Capital Financing