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Republic's Upcoming ICO, StartEngine Private Raised $2 million, HubtasGPT Launches!

Republic's Upcoming ICO, StartEngine Private Raised $2 million, HubtasGPT Launches!

A Big Week for New Equity Crowdfunding Product Launches!

December 04, 2023

Portals have been busy this week!

StartEngine is ramping up StartEngine private, and Republic is planning an ICO for their flagship “Republic Note.” But another major player in the equity crowdfunding industry has also been busy this past week… us!

Hubtas launched a new feature, HubtasGPT this week! And the former VP of Marketing at StartEngine, Parker Costin, joined Hubtas as a strategic advisor! With our second Hubtas Newsletter going out, we just wanted to say thank you for all the support!

Last Week's News

As alluded to, it’s been an eventful week! StartEngine’s new venture, StartEngine Private, has now sold over $2 million in stock. They just launched their third offering, Ramp, which is currently about 25% sold. The article also takes a deeper dive into ‘What is StartEngine Private’ and how the deals are structured.

StartEngine Private Crosses $2 Million Raised As Venture-Backed ‘Ramp’ is Third Offering to Go Live | Hubtas Media

StartEngine has successfully raised over $2 million through its accredited-only investment program. The largest raise came from Airtable, which contributed more than $1.3 million. Investors buy into a private fund or ETF that owns shares in startup companies at a 1:1 basis rather than buying shares directly. Currently favoring the market's compressed valuations, StartEngine profits from a 20% interest fee and is aiming for significant gains if the venture capital market recovers and IPOs increase.

media.hubtas.com/2023/12/03/startengine-private-crosses-2-million-raised-as-venture-backed-ramp-is-third-offering-to-go-live

RYSE is a pioneer for smart window shades. They have a simple but effective design to turn any window into a smart device. The company announced last week that their devices will be hitting Best Buy locations across Canada:

RYSE Smart Shades Just Hit Best Buy Stores Across Canada | Hubtas Media

Canadian tech innovator RYSE Inc., known for transforming traditional window shades into smart home devices, announced a retail expansion. Their products, including the SmartShade, will now be available at all Best Buy locations across Canada and online. The move marks the company's first foray into brick-and-mortar retail stores, with plans for further expansion.

media.hubtas.com/2023/11/24/ryse-smart-shades-just-hit-best-buy-stores-across-canada

And lastly, Republic will be launching their ICO on December 6th! The profit-sharing token has been in the works for years now, and finally starting to come to fruition. Get all the details here:

Republic Note To ‘Go Public’ via ICO on December 6th In Major Liquidity Event for Investors | Hubtas Media

Republic has announced the integration of its flagship digital asset, the Republic Note, with Avalanche, a leading blockchain network. The Republic Note, a profit-sharing cryptocurrency, will go live on the Avalanche blockchain on December 6th, offering an opportunity for anyone to trade tokens. The integration reflects a shared vision for inclusive financial markets, responsible innovation, and promises to pioneer a transformative era for digital assets.

media.hubtas.com/2023/12/03/republic-note-to-go-public-via-ico-on-december-6th-in-major-liquidity-event-for-investors

Feature of the Week: HubtasGPT

We are incredibly excited about the launch of HubtasGPT in beta!

This allows investors to generate comprehensive deal reports on hundreds of companies instantly, generate ‘red flags’ for investors to consider, or do complex calculations beyond what our algorithms provide. HubtasGPT gets smarter every day, and learns as investors interact with the data.

HubtasGPT is only available to premium members. You can get free access when signing up for Hubtas Premium’s 7-day Trial.

Quant Score Deep Dive

Understanding the whole picture of what you’re investing in is vital, so we want to show some of the things we look at when evaluating deals.

One of the great things about equity crowdfunding is portals only accept the top 1-5% of companies that apply to raise on their platforms. This means investors are already seeing the top companies. But there are still plenty of companies that aren’t worth your money. So, ensuring you’re looking at the best of the best to start is a great way to increase your odds.

For example, if you only invest in the top 10% of startups in equity crowdfunding, which is an already exclusive group, then your portfolio will consist of a very exclusive group of high-quality startups as is. Hubtas makes this easy by allowing you to sort all companies actively raising by their quant score.

This week, we’re going to focus on Artly. Artly is currently sitting at #5 as it relates to their objective quant score on Hubtas. That puts them in the top 2% of all companies raising through equity crowdfunding.

The company is currently maxed out on StartEngine, and raised over $1.2 million. However, it’s still live and accepting reservations, implying the company might potentially raise the ceiling.

They’re raising at a $99 million valuation, meaning it’s quite pricey. That’s something investors should immediately notice: the company has a high valuation, so it’s important to understand the potential upside, and whether it’s worth it. According to Hubtas’s data, Artly has 735% year-over-year revenue growth, so the company is seeing incredible growth. At just under $1 million in yearly revenue, this means they are sitting at over 100x revenue. But with 735% growth, they could quickly fill that gap without issue if they keep up anywhere near that level of growth.

Further, they have 31 months of runway and just raised $1.23 million. This means they are at low risk for bankruptcy for the foreseeable future. Comparatively, CafeX raised on Republic at a valuation of $50 million, despite only $271k in revenue, with a 38% year-over-year revenue decline. This bodes well for their valuation.

Their upside is seemingly unlimited. Starbucks is worth $112 billion. This means there’s plenty of upside, the company is growing incredibly fast, they have a working and scalable product, plenty of funds and runway, and a relatively fair valuation.

Our Quant Score analyze 30+ such factors for each company raising. It’s essential to do deep due-diligence into any startup you are considering investing in so you understand not only what they do but their finances, risks, and team.

Want to see the quant score of other companies? Create a FREE Hubtas Account.

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