Republic Enters Negotiations for All-Stock Acquisition of Indiegogo: A Game-Changing Merger in Crowdfunding

Republic Enters Negotiations for All-Stock Acquisition of Indiegogo: A Game-Changing Merger in Crowdfunding

Republic, a leading private market investing platform based in New York, is reportedly in talks to acquire Indiegogo, the pioneering crowdfunding platform, in an all-stock deal. This potential acquisition aims to enhance Republic’s capabilities in the competitive private market sector.

Strategic Acquisition to Strengthen Republic’s Market Position

The anticipated acquisition reflects Republic’s ongoing strategy to expand its influence in the investment landscape. This follows closely after Republic’s recent acquisition of INX, highlighting the company’s commitment to growth and diversification.

About Indiegogo: A Veteran in Crowdfunding

Founded in 2008 and headquartered in San Francisco, Indiegogo stands as one of the longest-established crowdfunding platforms. To date, it has successfully raised over US$55 million from renowned investors, including:

  • Kleiner Perkins
  • Insight Venture Partners
  • Institutional Venture Partners
  • Khosla Ventures

Despite its success, Indiegogo’s last institutional funding round—a US$40 million Series B—occurred more than a decade ago in 2014. In contrast, Republic has raised over US$200 million since its inception in 2016, attracting a diverse investor base that includes:

  • Galaxy Interactive
  • Valor Equity Partners
  • Tribe Capital
  • Motley Fool Ventures
  • Broadhaven Ventures
  • Prosus Ventures

Differences in Crowdfunding Models

Indiegogo primarily operates on a rewards-based crowdfunding model, where backers receive perks or finished products in exchange for their contributions. On the other hand, Republic offers an equity-based investing platform, which allows users to benefit financially from their investments.

Future Growth Opportunities for Indiegogo

According to a source familiar with the negotiations, Republic sees significant growth potential for Indiegogo, particularly in the film industry and the Middle Eastern markets. The two companies have previously discussed a potential merger, first exploring this option in 2017 before resuming talks approximately 18 months ago.

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For more insights into the evolving landscape of private market investments, feel free to visit Republic’s official site or learn more about Indiegogo.

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