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StartEngine

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Florida
1 review
0 helpful votes
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INVESTING MADE EASY
December 8, 2022

MADE IT EASY FOR A BEGINNER LIKE ME TO START INVESTING AND INVESTING MORE WHEN YOU WANT TO. DO NOT BE AFRAID AND SEE FAMILIAR FACES

Date of experience: December 8, 2022
California
1 review
5 helpful votes
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I wish there was a way to pull it all out and sink it in the market without taking a loss. At this point I will ride this out, but no new investments for me. The entire vision here is that you get in while they are young, and when they grow, you grow with them. But that is not what is happening, at least not for me, and not now. Some companies are good, and as long as it stays in Start engine there is not loss, but once it goes IPO, my experience is you get the short end of the stick. I thought it was a good way to get in with startups before they get big and capitalize on their growth. But my investment is either not growing, or if it grows, it is very little. Then there is a real risk that if an when the company goes IPO, the growth will kill an investment.
Example:
1) I invested in a company called NowRx. It was doing great. Then one day it sold its patient files to Alto Pharmacy and Capsule Corp. then liquidated the investments stocks - I lost my entire investment.
2) there was another company in which I invested. They went public at pennies for the dollar. Lost a lot. Wish I could tell you the name, but Startengine no longer has the option to view my investments that went public. If they do, it is no longer easy to find. Probably a good business practice so investors don't see thousands turn into $100s.
3) I bought Jet Token, it was recently acquired by I went from 800 shares valued at 1000.00+ to 39 shares with no declared value.

I have 26K with start engine and a had started to do the same in SeedInvest, but stopped. I think I am done sinking money in these side Pre-IPO investment. Unless I see a change in profits in this platform, which I have not yet, I will invest in the actually Markent moving forward. Easy enough since I found out companies like Fidelity will allow partial share purchases. Now I can invest an amount without haveing to worry about buying the entire share when I don't have all the amount.

Hope this helps someone out there thinking of investing

Date of experience: August 16, 2023
New York
1 review
0 helpful votes
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Happy with the business module
July 11, 2023

I thought StartEngine was very helpful for investing in A+ and Regular Crowdfunding company shareholder offerings!

Date of experience: July 11, 2023
Washington
1 review
0 helpful votes
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Still waiting for refund
January 22, 2025

I was told that SE needed to refund me $500 for a double purchase. This was all done via email, both sent to me personally, and through their website. It's been going on for several months now, starting November 2024. I've sent them all the info they need. But now they seem to have ghosted me. I just want my money back.

Date of experience: January 22, 2025
StartEngine T. StartEngine Rep
3 months ago

Hi Rose, I am so sorry for the inconvenience. Can you please reach out to contact@startengine.com directly so that we can track your refund? I cannot see the email associated with your account from this review. Thanks!

Overview

StartEngine has a rating of 2.8 stars from 189 reviews, indicating that most customers are generally dissatisfied with their purchases. Reviewers dissatisfied with StartEngine most frequently mention customer service, phone number and email address. StartEngine ranks 1st among Crowd Funding sites.

service
79
value
74
shipping
12
returns
16
quality
69
This company responds to reviews on average within 1 day