iDisclose, a New York based legal technology platform, announced today that its platform has now filed over a 100 equity crowdfunding transactions with the SEC.
Online PR News – 30-November-2017 – New York, New York – iDisclose, a New York based legal technology platform, announced today that its platform has now filed over a 100 equity crowdfunding transactions with the Securities and Exchange Commission (the SEC). iDisclose is used by many of the major equity crowdfunding platforms to assist entrepreneurs in the cumbersome process of filing a Form C with the SEC. The platform offers a simple to use system that helps reduce the legal costs for companies looking to raise capital.
The May 2016 approval by the SEC of a portion of President Obama’s JOBS Act opened the door for small companies to raise capital through approved crowdfunding platforms. iDisclose assists these platforms by providing a system to empower entrepreneurs in filling out complex legal documents and dramatically reducing the cost of legal review of the forms. “Reducing legal costs is critical to support the continued growth of equity crowdfunding and opening up this capital raising opportunity to a larger number of companies,” said Georgia Quinn, CEO of iDisclose.
The company believes there is a huge opportunity for technology to reduce the costs of legal services, particularly as it relates to small businesses and startups and expects to continue to expand its product offerings to support such companies.
iDisclose is an industry leader in the crowdfunding legal disclosure space with major relationships with platforms such as Republic, Microventures and Seedinvest. For more information about iDisclose, visit their website at idisclose.comrn rnFor media inquiries, contact Georgia Quinn at email@example.com.