PipelBiz News
4 articles
growth-negative
פיפלביז מבטלת את ההנפקה: המייסדים לא התפשרו על השווי כלכליסט
Piplbiz, an Israeli crowd-funding platform, has cancelled its planned initial public offering (IPO) after failing to agree on a valuation with institutional bodies. The company had hoped to raise 50 million shekels at a company valuation of 250 million shekels, but institutional bodies only agreed to a 20% lower price tag. The founders and joint CEOs, who were unwilling to compromise on the valuation, are now looking for alternative fundraising options.
Public Trading
growth-positive
פיפלביז יוצאת להנפקה ראשונית לציבור בבורסה בת"א
Israeli crowdfunding platform Pipelbiz has filed for an initial public offering (IPO) on the Tel Aviv Stock Exchange. The company is estimated to be valued between 200-250 million shekels and aims to become the first crowdfunding platform to be listed on the Israeli stock exchange. Pipelbiz was founded in 2015 and has since grown to become a leading crowdfunding platform in Israel. The global crowdfunding market was valued at $11 billion in 2019 and is expected to reach $30 billion by 2025, with an average annual growth rate of approximately 17%.
Public Trading
growth-positive
PipelBiz partners with the American-based Republic to fast track Israeli funding
Israeli crowdfunding investment platform PipelBiz has announced a collaboration with Republic, a similar U.S.-based platform. Israeli startups that raise capital with PipelBiz will also be able to fast track their way to an additional funding round of $1 million through Republic. The collaboration aims to expose ventures to potential investors and consumers, as well as strategic partnerships. Republic, established in 2016, has raised over $150 million for more than 250 companies through 700,000 investors. PipelBiz aims to match small businesses with investors.
Partners
growth-positive
https://www.jpost.com/Israel-News/PipelBiz-aims-to-share-the-Start-Up-Nations-success-with-everyone-590105
Tel Aviv-based PipelBiz has become the first platform in Israel to receive a license from the Israel Securities Authority (ISA) to offer equity-based crowdfunding opportunities to all Israeli citizens. Since the regulatory reform in January 2018, over 3,600 people have invested over NIS 40m. ($11.2m.) in 32 investment opportunities on the platform. PipelBiz is now seeking investors itself to diversify into additional sectors, including property investments. The company acquires equity in every successful crowdfunding investment, so investors in PipelBiz will also be investing in the platforms entire portfolio.
InvestmentExpand
