20+ Republic Investing Success Stories
1. Gumroad
Company Website: https://gumroad.com/
Company Description: An e-commerce platform for creators.
Republic Date: April 2021
Amount Raised: $5,000,000 from 7,331 investors
Offering Type: Reg CF (open to the general public)
Type of Security: Crowd SAFE
Valuation on Republic: $100 million
Accomplishments:
- As of March 2023, Gumroad supports 30,000 creators selling content daily.
- In February 2023, the company did $14.5 million GMV, $1.81 million in revenue, $834K in net income, and a 69.21% gross margin.
- The company has raised $8 million+ in funding from professional investors, including Kleiner Perkins, First Round Capital, Max Levchin, and SV Angel.
2. Beacons
Company Website: https://beacons.ai/
Company Description: The all-in-one platform for creators.
Republic Date: March 2021
Amount Raised: $200,000 from 185 investors
Offering Type: Reg CF (open to the general public)
Type of Security: Crowd SAFE
Valuation on Republic: $20 million
Accomplishments:
- In May 2021, Beacons raised a $6 million Seed round. The round was led by Andreessen Horowitz, with participation from Atelier Ventures, Night Ventures, and The Chainsmokers’ Mantis Fund.
- The company gets more than 1.5K user signups daily with no marketing spend and has grown 70% MoM since it launched in October 2020.
3. Maven
Company Website: https://maven.com/
Company Description: Live, online courses.
Republic Date: January 2021
Amount Raised: $726,980 from 479 investors
Offering Type: Reg CF (open to the general public)
Type of Security: Crowd SAFE
Valuation on Republic: $30 million
Accomplishments:
- In May 2021, Maven raised a $20 million Series A led by Andrew Chen from Andreessen Horowitz. First Round Capital previously led the company’s $4.3 million Seed round.
- Within three months of launching, the company did over $1 million in revenue from four live courses. The company now has 100+ instructors teaching courses on the platform, including Shreyas Doshi (Managing your PM Career in 2023 & beyond), Anthony Pompliano (Crypto Academy Training Program), and Christine Carrillo (The 20 Hour CEO).
4. Customer.io
Company Website: https://customer.io/
Company Description: Automated messaging platform for marketers.
Republic Date: April 2021
Amount Raised: $5,000,000 from 2,520 investors
Offering Type: Reg CF (open to the general public)
Type of Security: Crowd SAFE
Valuation on Republic: $400 million
Accomplishments:
- Customer.io has 5,100+ customers, including Notion, Segment, Buffer, Clearbit, IMAX, and Shutterstock.
- The company did $29.9 million in ARR in 2021, up 78% from 2020, and was profitable.
- In March 2022, the company raised a Series A round for an undisclosed amount from Spectrum Equity and Oregon Venture Fund.
5. Ember Fund
Company Website: https://emberfund.io/
Company Description: Invest in diversified crypto portfolios.
Republic Date: July 2022
Amount Raised: $5,429,698 from 7,129 investors
Offering Type: Reg CF (open to the general public)
Type of Security: Crowd SAFE
Valuation on Republic: $80 million
Accomplishments:
- The company has raised $6 million from professional investors, including Uncorrelated Ventures, Calm Ventures, Anthos Capital, Brian Dilley (ex-CTO of Blockfolio and Tiktok), Honey/Paypal executives, Ying Lee (ex-Kleiner Perkins), Richard Jun (BAM.VC), and David Yeom (CEO of Evite.com).
- As of March 2022, the company has achieved 500K users, 400% YoY growth, and a 4.5 average star rating on the app store.
6. Terraformation
Company Website: https://www.terraformation.com/
Company Description: The world's first biodiversity-focused forest carbon accelerator.
Republic Date: February 2022
Amount Raised: $5,000,000 from 3,291 investors
Offering Type: Reg CF (open to the general public)
Type of Security: Crowd SAFE
Valuation on Republic: $105 million
Accomplishments:
- In June 2021, Terraformation raised a $30 million Series A led by Sam & Max Altman at Apollo Projects, with participation from Sundeep Ahuja (GP at Climate Capital), Lachy Groom (Previously Head of Stripe Issuing), Sahil Lavingia (Founder of Gumroad), Naval Ravikant (Founder of AngelList), and Joe Lonsdale (Managing Partner at 8VC).
- The company has planted 387,000 trees, plants of nearly 200 species, and created more than 400 sustainable jobs.
- Its reforestation work rate is 5x the industry average.
7. AltoIRA
Company Website: https://www.altoira.com/
Company Description: Invest your retirement dollars in alternative assets.
Republic Date: October 2020
Amount Raised: $994,697 from 1,601 investors
Offering Type: Reg CF (open to the general public)
Type of Security: Crowd SAFE
Valuation on Republic: $30 million
Accomplishments:
- In January 2022, AltoIRA raised $40 million in Series B funding led by Advance Venture Partners, with participation from Coinbase Ventures, Foundation Capital, Gaingels, and Acrew Capital.
- AltoIRA has 20,000+ funded customer accounts representing $1 billion in assets.
- The company has 1,119 reviews with an average of 4.4-star rating on Trustpilot.
8. Bitgreen
Company Website: https://bitgreen.org/
Company Description: Blockchain for sustainability.
Republic Date: December 2021
Amount Raised: $4,972,905 from 1,886 investors
Offering Type: Reg CF (open to the general public)
Type of Security: Token Debt Payable by Assets
Valuation on Republic: 0.167 prices per token
Accomplishments:
- Its website says Bitgreen consumes 99% less energy than traditional blockchains.
- Since starting the company in Spring 2021, the company has secured 5 MOUs with external clients.
9. Bobbie
Company Website: https://www.hibobbie.com/
Company Description: Baby formula company.
Republic Date: July 2021
Amount Raised: $245,098 from 198 investors
Offering Type: Reg CF (open to the general public)
Type of Security: Crowd SAFE
Valuation on Republic: $85 million
Accomplishments:
- In March 2022, Bobbie raised $50 million, $40 million in equity, and $10 million in debt, in Series B funding led by Park West, with participation from VMG, NextView, and AirAngels.
- Bobbie serves 50,000+ customers annually, closed $18 million in revenue in 2021, and is growing 60% MoM.
10. Backstage Capital
Company Website: https://backstagecapital.com/
Company Description: A venture capital firm.
Republic Date: April 2021
Amount Raised: $4,719,880 from 6,749 investors
Offering Type: Reg CF (open to the general public)
Type of Security: Crowd IPA (Interests Purchase Agreement)
Valuation on Republic: $100 price per security
Accomplishments:
- Backstage Capital has invested in 200+ companies founded by underrepresented founders, including Upsie, LOOP, and Seventh Ave.
- Over six years, Backstage Capital has raised over $20 million across a series of funds.
11. Cafe X
Company Website: https://cafexapp.com/
Company Description: Robotic coffee bars.
Republic Date: April 2023
Amount Raised: $317,398 from 393 investors
Offering Type: Reg CF (open to the general public)
Type of Security: Crowd SAFE
Valuation on Republic: $50 million
Accomplishments:
- The company has over $6 million in lifetime sales.
- In August 2018, Cafe X raised a $12 million “Seed-1” round led by Craft Ventures and Jason Calacanis. Investors in the company include Peter Thiel (Founder of PayPal), Chamath Palihapitiya (GP at Social Capital), Vinod Khosla (GP at Khosla Ventures), and Aydin Senkut (MP at Felicis Ventures).
12. Linen
Company Website: https://linen.app/
Company Description: Protect your crypto with a multi-sig wallet.
Republic Date: October 2021
Amount Raised: $4,595,974 from 5,102 investors
Offering Type: Reg CF (open to the general public)
Type of Security: Crowd SAFE
Valuation on Republic: $22 million
Accomplishments:
- Linen raised $1.7 million from professional investors, including Coinbase Ventures, Polychain Capital, HashKey Group, Youbi Capital, and Wyre.
- During its beta trial, Linen recruited 15,000 customers who made 1,370 deposits on the application.
13. Fleeting
Company Website: https://www.fleeting.us/
Company Description: Connecting commercial drivers with on-demand trucking jobs.
Republic Date: July 2020
Amount Raised: $1,070,000 from 4,514 investors
Offering Type: Reg CF (open to the general public)
Type of Security: Crowd SAFE
Valuation on Republic: $10 million
Accomplishments:
- The company has done $250,000 in net revenue and $1 million in revenue.
- Fleeting is backed by Quake Capital, Hustle Fund, ArlanWasHere Investments, Chamillionaire (Supreme Fund), and E40.
14. Elemeno Health
Company Website: https://www.elemenohealth.com/
Company Description: A cloud-based SaaS solution for frontline healthcare teams.
Republic Date: September 2020
Amount Raised: $1,070,000 from 3,927 investors
Offering Type: Reg CF (open to the general public)
Type of Security: Crowd SAFE
Valuation on Republic: $18 million
Accomplishments:
- In May 2022, Elemeno Health closed $7 million in funding led by SJF Ventures. Previous investors include Y Combinator and Launchpad Digital Health.
15. Inside.com
Company Website: https://inside.com/
Company Description: The best business community for any topic.
Republic Date: April 2022
Amount Raised: $783,302 from 1,497 investors
Offering Type: Reg CF (open to the general public)
Type of Security: Crowd SAFE
Valuation on Republic: $30 million
Accomplishments:
- Sequoia Capital, Mark Cuban, and Jason Calacanis are backers of Inside.com.
- Over 8,000 Amazon employees subscribe to the newsletter, and from Q1 to Q3 in 2021, the company had over 35 million opens.
16. Dapper Labs
Company Website: https://www.dapperlabs.com/
Company Description: Fun and games on the blockchain.
Republic Date: N/A
Amount Raised: N/A
Offering Type: Investment via Republic Capital
Type of Security: Equity
Valuation on Republic: N/A
Accomplishments:
- Republic Capital invested $480K in Dapper Labs. After 31 months, Republic sold its shares in Dapper Labs for $50 million. Republic earned an 88.62x net on the deal.
- In September 2021, Dapper Labs was valued at $7.6 billion.
16. Carta
Company Website: https://carta.com/
Company Description: Equity management solutions.
Republic Date: N/A
Amount Raised: N/A
Offering Type: Investment via Republic Capital
Type of Security: Secondary Purchase
Valuation on Republic: N/A
Accomplishments:
- Republic Capital invested $16.7 million in capital across three rounds into Carta.
- Carta was valued at $8.5 billion in November 2022.
- Carta was on pace to hit $300-$350 million ARR in 2022.
17. Firefly Aerospace
Company Website: https://fireflyspace.com/
Company Description: An American aerospace company.
Republic Date: N/A
Amount Raised: N/A
Offering Type: Investment via Republic Capital
Type of Security: Equity
Valuation on Republic: N/A
Accomplishments:
- Republic Capital invested $25.8 million in capital into Firefly Aerospace.
- In October 2022, Firefly Aerospace became the first and only US commercial space company to launch and reach orbit from US soil.
- In March 2023, NASA awarded Firefly Aerospace a $112 million contract to deliver multiple lunar payloads in 2026.
18. SpaceX
Company Website: https://www.spacex.com/
Company Description: Designs, manufactures, and launches advanced rockets and spacecraft.
Republic Date: N/A
Amount Raised: N/A
Offering Type: Investment via Republic Capital
Type of Security: Fund of Funds
Valuation on Republic: N/A
Accomplishments:
- In Q2 2020, Republic Capital invested $2 million in SpaceX via a Fund of Funds.
- In January 2023, SpaceX began to raise a $750 million round of funding at a $137 billion valuation.
- SpaceX has 228 total launches, 189 total landings, and 163 total reflights.
- SpaceX is the only private company capable of returning a spacecraft from low-Earth orbit. In 2012, SpaceX became the first commercial spacecraft to deliver cargo to and from the International Space Station. In 2020, SpaceX became the first private company to take humans to the International Space Station.
19. Relativity Space
Company Website: https://www.relativityspace.com/
Company Description: The first 3D-printed rocket.
Republic Date: N/A
Amount Raised: N/A
Offering Type: Investment via Republic Capital
Type of Security: Direct Investment + Secondary Purchase
Valuation on Republic: N/A
Accomplishments:
- Republic Capital invested $16 million in Relativity Space through direct investment and secondary shares purchase.
- In March 2023, Terran 1 became the first methane-fueled rocket in the West to reach space. It was also the first nearly entirely 3D-printed rocket to fly.
20. Robinhood
Company Website: https://robinhood.com/us/en/
Company Description: Commission-free stock trading and investing app.
Republic Date: N/A
Amount Raised: N/A
Offering Type: Investment via Republic Capital
Type of Security: Direct Investment + Secondary Purchase
Valuation on Republic: N/A
Accomplishments:
- Republic Capital invested $11.2 million in Robinhood through direct investment and secondary shares purchase.
- In August 2021, Robinhood went public at a $31.7 billion valuation.
21. Axiom Space
Company Website: https://www.axiomspace.com/
Company Description: Building the world’s first commercial space station.
Republic Date: N/A
Amount Raised: N/A
Offering Type: Investment via Republic Capital
Type of Security: Secondary Purchase
Valuation on Republic: N/A
Accomplishments:
- Republic Capital invested $11 million in Axiom Space by purchasing shares on a secondary market.
- In 2022, Axiom Space completed its first private mission to the International Space Station. In addition, the company is building its commercial space station and is on track to launch Hub 1 in 2024.
