Republic (fintech)
Type | Private |
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Industry | Online fundraising, financial services |
Founded | 2016 |
Founder | Kendrick Nguyen, Peter Green, Paul Menchov |
Headquarters |
Republic is an investment platform headquartered in New York City that allows individuals to invest in startups, growth-stage pre-IPO companies, real estate, video games, and crypto companies.
Overview
Republic was founded by Kendrick Nguyen, Paul Menchov and Peter Green in 2016. The platform has deployed over $500 million in investments.
In November 2020, Republic launched the Republic Cities program in Dallas to fundraise for companies in Dallas from the local community.
In 2021, Everyrealm (at the time, Republic Realm), formerly a metaverse real estate investment channel of Republic, purchased a parcel of virtual land in Decentraland for close to one million US dollars.
Republic has its own profit-sharing digital security token, the Republic Note.
On October 19th, 2021, Republic announced a $150M Series B round led by Valor Equity Partners.
Acquisitions
In June 2019, Republic acquired SheWorx, a company that helps female entrepreneurs raise capital.
In April 2020, acquired Fig, a video game crowdfunding platform.
In June 2020, Republic acquired Compound, a real estate investment platform
In November 2020 acquired certain assets of NextSeed, a local crowdfunding platform.
In December 2021, Republic entered into an agreement to acquire British equity crowdfunding business Seedrs, in a $100 million deal.