Date
Thursday, 24 Aug 2017 5:00 PM
Doors open at 5, pizza out at 5:30, presentation at 6
Five years ago Tech-on-Tap launched with the goal of connecting people in the innovation ecosystem of Southwest Indiana. Our first event, held at Smitty’s Italian Steakhouse, featured a pitch by Indiana startupÃÂ Localstake.ÃÂ
The Localstake ÃÂ platform helps founders analyze financing options, connect with investors and close impactful growth funding all in one place.ÃÂ
Five years later Localstake and Tech-on-Tap are going strong!
As part of our celebration we are bringing Localstake co-founder Ryan Flynn back to fill us in on their journey and update us on their product evolution.
Ryan will have a great general interest story AND will bring critical insights about how innovation based startups are getting funded.ÃÂ
A little something for everyone.
More About Localstake
Localstake began operations in 2013 and was founded to address the issues created as smallÃÂ business financing becomes increasingly unavailable and driven by outdated technologies while interest in and importance of local small business and entrepreneurship continues toÃÂ grow.
Since then, Localstake has worked with more than 125 companies in various capitalÃÂ raising advisory capacities and has helped raise over $6 million for 25+ small businesses whileÃÂ developing its technology and underwriting platform over the past few years.
The defining highlights of the Localstake platform include:
â¢àLicensed with FINRA/SEC â Provides investor assurance that all opportunities and transactions are monitored, regulated, and audited by the leading financial regulatory agencies in the United States.
â¢àSubstantive due diligence â àAll opportunities will undergo comprehensive due diligence by a dedicated team of due diligence experts. àTechnology plays a key role in supporting the diligence process by accessing target businesses’ traditional and nontraditional data sources to conduct credit analysis.â¢
â¢àCrowd vetting â All investment opportunities engaged by Stake Partners will also be featured on the Localstake online platform. The collective wisdom of the Localstake community of accredited and sophisticated investors acts as a rigorous and systematic filter for selecting opportunities.
â¢àBroker support â àInvestors will have access to Localstake brokerage support.Licensed investment relations associates will support all investors with ongoing reporting including tax document distribution and investment performance statements.
One of the primary distinctions of the Localstake ÃÂ platform is that it places emphasis onÃÂ curating its deal flow and then subjecting it to both community scrutiny and institutional-levelÃÂ due diligence.