Luka Shonia's Colleagues at Crowdfund.ge
Luka Shonia's Contact Details
Crowdfund.ge
Luka Shonia's Company Details
First Georgian equity crowdfunding platform Crowdfunding is the use of small amounts of capital from a large number of individuals to finance projects. Equity crowdfunding is the process whereby investors (the "crowd") invest in an early stage unlisted company in exchange for shares in that company.JSC Crowdfund is the first Georgian crowdfunding platform. It offers three kinds of investments - equity based- loan based- perk basedThe company is currently in the process of aligning its structure with the Georgian regulations. The regulations are outdated and unsophisticated which casts doubt on the lawfulness of the platform. Crowdfund.ge is trying to initiate changes in the regulatory framework drawing on recent international practice.The company was funded by 4 young finance professionals, who have 6 years of experience in investments, financial analysis and entrepreneurship. Members of the team have been involved in structuring some of the largest equity deals on the Georgian market during the past several years. The founders believe that the Georgian market is mature enough to make equity crowdfunding possible and to raise significant for financing many commercially attractive projects.