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Founded in 2018, Equa claims it is the leading immutable governance platform that scales with organizations from formation to day-to-day governance, facilitating dynamic document and cap table management, easy equity distribution, investment, issuance, and more.
“Designed for founders, executives, and shareholders at high growth startup and blockchain companies regardless of corporate structure or legal status, Equa is on a mission to improve organizations governance across departments and shareholders by innovating how business stakeholders structure, share, and update agreements and investments.”
Equa further reveals it already has more than 100 client organizations using its governance platform for a growing base of over 750 users, which includes company executives, employees, and investors/shareholders. Some of these early clients have joined Equa’s Customer Advisory Board, such as CoPeace CEO, Craig Jonas, Anthem Holdings CEO, Anthem Blanchard, and AIKON CEO, Marc Blinder who are all using Equa’s Cap Table Management solution within their own organizations.
While speaking about the platform and investment round, Equa CEO, Shawn Owen, stated that startups need to move quickly, but are often “stymied” by the burden of sharing and collating agreements. These tasks, along with keeping up with taxes, accounting, and regulations slow down ventures just when they need to pick up the pace.
“Equa will help solve these problems, which is why we used it for our own fundraising efforts and we are seeing such quick adoption in our user base.”
Stephanie Vaughan, VP of Corporate Development at Equa, further explained:
“I’ve held shares in many companies in the past. These were always in theory available to me using one of our competitor’s cap table management solutions. But I found I couldn’t access or move shares easily. In addition, every time a company would restructure, my shares and information about them would be out-of-date. Given how quickly high-growth companies take on new investment, particularly in the startup and blockchain world, this makes investor relations and employee incentivization difficult and opaque. We’re solving that.”
Dean Steinbeck, COO of Horizen Labs, one of Equa’s investors and a technology partner, also observed:
“Like Equa, we want to break through the hype and bring the benefits of blockchain technology to business applications and can’t think of a better place to start than with tackling challenges related to company formation and equity management. This is a truly exciting application of our technology.”
Equa then added it is using its own solution for document signing and Cap Table Management during this initial raise.
“Equa investors benefit from an easy-to-use, compliant, and secure platform that facilitates seamless anti-money laundering and accreditation, through integration with CoinBase-backed TokenSoft, and instant visibility and access to distributed equity.”
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