by investors on the Republic platform and funds advised by Republic Capital
by Republic Capital*
Republic’s mission today is the same as it was when we launched six years ago — to make fundraising and investing in the private markets accessible.
In 2021, we took a few giant leaps forward in realizing that mission.
We crossed $800M in funds deployed for over 600 companies.
We closed our $36M Series A and our $150M Series B led by Galaxy Digital and Valor Equity Partners, respectively.
We announced our plans to acquire Seedrs, the leading UK retail investment platform.
We welcomed four experienced operational leaders to the management team ranks.
We’re here because you decided to build the future of the private markets with us.
Our steps were only made possible because of you, our community, and the thousands of decisions you made through the year with us. From the coffee shop that launched a campaign to let their customers invest, to the angel investor who invested in their first pre-IPO company, to the blockchain project that minted and distributed tokens to their community. Thank you.
Republic is known for our public-facing retail investment platform, but Republic’s family of companies is divided into three divisions — Republic Retail, Republic Capital and Republic Crypto.
Republic Capital focuses on offering growth-stage investment opportunities for high net worth investors. Republic Crypto operates a blockchain incubator and fund for top crypto projects. Together, the three lines of business work synergistically to increase access and wholly redefine what fundraising and investing look like in the private markets.
Republic Capital is a growth-stage investment advisory focused on profitability and resiliency.
We select investments based on business fundamentals with a focus on unit economics and resilient revenue.
Portfolio success includes IPOs, acquisitions, and distributions
Global venture funding reached new highs. Prior to 2021, global funding had not reached over $100 billion in a single quarter. In 2021, every quarter reached over $100B.
Investment metrics
Portfolio metrics
Team Metrics
The following examples are closed deals, highlighted for educational purposes. Republic Capital’s full portfolio is available upon request.
Republic Capital teamed up with Republic Crypto to co-lead the large ecosystem round for L1 protocol Avalanche. Since investing, the protocol has seen enormous traction with developers, which has resulted in a surge in protocol value.
Earlier this year Republic Capital closed in a round to invest in Axiom Space. Axiom is building the first private commercial space station and our investment represents hundreds of billions of dollars in potential revenue. In February of next year, history will be made when a crew of private astronauts launch on a mission (Ax-1) to the International Space Station made possible by Axiom.
Deep tech companies have the potential to impact the world as fundamentally as the Internet did and are leading the fourth wave of innovation.
Deep Tech is starting to become much more visible and impactful to a wider audience. We can expect breakthroughs becoming much more tangible, and directly solving global social and business challenges.
Enterprises must modernize with better tools and automation. Adoption of cloud computing, maturation of machine learning, and improvements in internet infrastructure will continue driving enterprise innovation and therefore investment opportunity.
While some areas of fintech are maturing other areas—such as DeFI and autonomous finance—have just begun their growth. There also remains low digital penetration (<10%) in sub-verticals like mortgages, insurance, and brokerages.
Digital assets are driving innovation in Web 3.0 that’s set to transform the world economy. Disruptive crypto- and blockchain-based technologies are intersecting with advancements in AI and AR/VR to build Web 3.0 architecture.
Republic Crypto is a full-stack solution for launching digital assets through consulting, token design and minting, capital formation consultancy, and issuance solutions.
They provide technical, financing, distribution, and liquidity services to the top 1-2% of new crypto projects.
Star Atlas is a virtual gaming metaverse based in the year 2620 with the combination of traditional core game and blockchain mechanics.
Chingari is the TikTok of India with 80M downloads and a new social token that will empower creators to build communities with viewers and fans, built on Solana.
CERE created the first blockchain-based data warehouse solution called a Decentralized Data Cloud, and is spearheading blockchain adoption with ongoing Fortune 1000 integrations.
Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has the most validators securing its activity of any proof-of-stake protocol.
Voyager is a cryptocurrency broker that facilitates trading across more than a dozen of the top cryptocurrency exchanges through their proprietary technology and app.
Monkey Ball is a quick, turn-based, Play-to-Earn, arcade, soccer game offering a high-production-value gaming experience.
Republic Crypto worked closely with the Cere Network to build their token economics and launch their public offering on the Republic platform. Cere Network launched in April 2021 and sold out their $26M token offering in under 1 hour.
The gaming company worked with Republic Crypto to build their whitepaper, token economics, and community engagement.
Republic Crypto must remain at the tip of the spear to maintain our cutting-edge advantage.
What we’re building
Institutional Treasury Management
Blockchain infrastructure
Community management
A unique token sale platform
A year of industry firsts and innovation led us to some exciting places
We hosted the first music investing opportunity through regulation crowdfunding with a song by Lil Pump that had 859 investors and sold out in 2 hours.
On March 15th, 2021, a change in regulation took effect that allowed companies to raise $5M from the previous $1M limit. Gumroad was the first company in history to hit this milestone and raised the $5M in just under 12 hours.
Investors can support local businesses, can earn potential cash payments through unique revenue-share models or debt instruments.
Accredited only Deal Room platform launched publicly in March 2021. Companies raised have co-investors like Sequoia Capital, 8VC, Lerer Hippeau, 10X Capital, Founders Fund, and Gaingels. The Deal Room has since hosted 20+ deals for accredited investors, and is on track to rapidly increase pace in Q1 2022.
2021 brought in major token offerings from Cere, which sold out in under an hour, and Chingari, the social token from India’s TikTok platform.
In 2021, communities came together to fund the founders, ideas, and businesses they wanted to see in the world.
The first $5M Reg CF raise in history. Sahil Lavinga brought his community to raise the full $5M in just 12 short hours, with a maximum investment check of $1,000, allowing over 7k+ community members to participate.
The cohort-based online course company, led by the co-founders of Udemy and altMBA, Gagan Biyani and Wes Kao, brought their community to fund their next project. Maven raised $700k+ through 479 investors.
The marketing automation platform that 2600+ businesses use to engage and retain customers brought in over 2,500 investors to their $5M round. Many of their community cited, “I invested because I believe in the product,” as their reason for investing.
The infant formula company committed to changing the conversation around feeding, wanted to involve their community to run a small round. Bobbie’s community raised almost $250k in a matter of days with over 400 investors.
The Bucket List family is a travel influencer family on social media with an entrepreneurial edge that is creating a studio to reinvent cartoons. They brought in almost 30,000 individual community members to fund their $3M round. It was the largest number of investors in a single Republic campaign in history.
The investment adviser focused on people of color, women and LGBTQ+ founders, was created by Arlan Hamilton. Her community invested because they believed in the mission of supporting underrepresented communities. 4,700+ investors put almost $5M behind Arlan and her mission.
2021 brought investor payouts from…
On April 16th, 2021, Trusst closed a round of investing from 347 Republic investors. Just two months later, Trusst was acquired by K Health and investors saw an annualized return of 102% on their original investment.
189 investors backed a residential fix-and-flip project near LA’s tech hub and six months later had a 27% return.
Investment opportunities offered through Reg A+ have been a key growth driver in 2021.
More to come in 2022
Republic’s global network of mission-driven venture investors and leaders.
66%
27%
7%
Diverse partners support diverse founders:
40%
46%
VP-referred companies led by least one founder who is:
42%
31%
An outlook for the future
More ways to invest in Culture, Local, Crypto, Startups, and more
International opportunities
Investor education programs
Sharedrops
Community programs
Secondaries
Portfolio services
Crowdfunding investments can result in total loss, and may be impossible to resell. Read about risks.
Republic Core LLC ("Core") provides technology and support services to OpenDeal Inc. and its affiliates (collectively, the "Republic Ecosystem"). Republic Note holders and as well as users of the site and services maintained by the Republic Ecosystem, regardless of and their activities on or relating to the Republic Ecosystem, are subject to the applicable terms of service, in their entirety. Core cannot give investment advice, analysis or recommendations with respect to any securities, and is not a registered broker-dealer, funding portal or investment adviser. Securities offerings displayed by Core may be facilitated by its affiliates in the Republic Ecosystem, OpenDeal Portal LLC d/b/a Republic, or OpenDeal Broker LLC d/b/a The CapitalR, Republic Capital Adviser LLC, Republic Deal Room Advisor LLC, Fig Publishing, Inc. or by a third-party issuer. This email is intended only for accredited investors with a pre-existing relationship with the Republic Ecosystem. Please notify the sender immediately if you have received this email by mistake, then delete it. Private investments are risky and illiquid, never invest more than you can afford to lose, consult with your trusted advisors and do your own diligence before investing.
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*All data as of January 4, 2022. This update is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security or instrument in or to participate in any trading strategy with any fund, investment or strategy. If such offer is made, it will only be made by means of an offering memorandum as it may be amended, supplemented or restated from time to time (the “Offering Memorandum”), which would contain material information (including certain risks of investing in such fund) not contained in this document and which would supersede and which would qualify in its entirety the information set forth in this document. Any decision to invest in a fund should be made after reviewing the Offering Memorandum of the fund, conducting such investigations as the investor deems necessary and consulting the investor’s own legal, accounting and tax advisers in order to make an independent determination of the suitability and consequences of an investment in the fund. Certain information contained in this overview constitutes forward-looking statements, which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,” “target,” “project,” “estimate,” “intend,” “continue,” or “believe,” or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual results or performance of the Fund may differ materially from the results or performance reflected or contemplated in such forward-looking statements. The forward-looking statements contained herein are made as of December 20, 2021, and Republic Capital does not assume the obligation to update any such forward-looking statements. Past performance is not necessarily indicative of future results. Any investments discussed herein have been compiled on an objective non-performance based criteria and do not represent all of the securities purchased, sold, or recommended by Republic Capital Adviser LLC. Additional information about Republic Capital’s investments can be provided upon request.
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