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StartEngine has a rating of 2.3 stars from 192 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 3rd among Crowd Funding sites.
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Good points:
- Customer service timing is quite good. They go straight to the point and solve your issues. They are very kind, respectful, and responsive. Very good customer service.
- Company referral program rewards are awesome.
- Investing in companies is easy and straightforward.
- The verification process is easy and straightforward.
- Transparency with fees and costs.
- Issuance of the subscription agreement is a fast and reliable process.
- Most momentum companies and listings' details are useful.
Not so good:
- I'm an international trader/investor. It was easy to purchase StartEngine shares, but trading is disallowed on the marketplace for international traders. Please support international investors because it's not easy to sell outside the marketplace.
- Company referral acceptance is complicated. Not every company is a good fit to raise money on StartEngine, which makes the prospecting process difficult.
- It could be great to show the current share value on the dashboard.
I wanted to take a moment to express my appreciation for the exceptional support I have received from StartEngine, particularly from Nicole on your support team.
As a user of StartEngine's platform, I have been consistently impressed with its ease of use and intuitive interface. However, what truly sets StartEngine apart is the quality of its support team. They are responsive, knowledgeable, and always willing to go the extra mile to ensure that my needs are met.
In my most recent support interaction, I had the pleasure of working with Nicole. She demonstrated an unparalleled level of thoroughness and attentiveness in addressing my inquiries. Not only did she provide comprehensive answers to my initial questions, but she also took the time to address several follow-up concerns I had. Her dedication to ensuring that I received all the necessary information was truly commendable.
What impressed me the most was Nicole's proactive approach. After providing the initial answers, she circled back to confirm that I had received everything I needed and that there were no outstanding issues. This level of care and attention to detail is rare and greatly appreciated.
I want to commend Nicole for her outstanding service and extend my gratitude to the entire StartEngine support team. Your commitment to customer satisfaction is evident, and it is one of the key reasons why I continue to use and recommend your platform.
Please convey my heartfelt thanks to Nicole and the team for their hard work and dedication. It is employees like her who make the StartEngine experience truly exceptional.
Hi Brian!
Thank you so much for taking the time to share your experience with us! We're thrilled to hear that you've had such a positive interaction with our support team, especially with Nicole. Providing exceptional customer support is a top priority for us, and it's fantastic to know that Nicole's dedication and thoroughness left such a lasting impression. Your kind words mean the world to us, and we'll be sure to pass along your gratitude to Nicole and the rest of our team. We're grateful for your support and look forward to continuing to exceed your expectations in the future. If you ever need anything else, please don't hesitate to reach out. Happy investing!
Love this site! Was able to invest in few startups which is now on the stock market! Another one is out in the market for sale already! Let's get rich y'all!
Hi Jipu! Thank you for leaving this positive review for us! We are so glad to hear that you are enjoying our platform!
We look forward to continuing this positive experience for you!
I bought JTAI before it went public for $600 for 800 shares. When it went public, I got 39 shares, which is $27.
Hi Oscar,
Thank you for taking the time to share your experience on our platform with Jet.AI. We appreciate all feedback, as it helps us continually improve our services and address concerns. We're genuinely sorry to hear about the challenges you faced, and we understand how frustrating it must be.
We want to address your specific situation and provide some context. If a company that raised on our platform previously makes the decision to go public, it is out of our hands and we have no control over the situation and your shares in the company.
StartEngine assists start-up companies in raising capital for their business and helps facilitate investments from investors but once an offering has ended, we are not involved in the IPO process other than providing information to the company’s Transfer Agent and trying to assist investors in the process to the best of our abilities.
If you have any specific concerns about your investment or if there's anything we can do to assist you further, please reach out to our customer support team at contact@startengine.com. We are here to address your queries and provide assistance to the best of our abilities.
Once again, we appreciate your feedback, and we remain committed to learning from our users' experiences to refine our platform. Your insights contribute significantly to our ongoing efforts to improve and provide a better service.
Thank you for your understanding, and we hope to have the opportunity to regain your trust in the future.
I bought what was described to be "shares" of "stock" in StartEngine itself which, by use of those terms, one would believe to be liquid and resalable on a stock exchange. This company is private and this is all a ruse to raise funds without any need to pay anyone back.
Hi Chris,
Thank you so much for your feedback here! We would be happy to share some additional insight into the platform and what we do!
StartEngine provides investors an opportunity to invest in early-stage start-ups. What this means is that you are often investing in early-stage companies. Investments in these types of companies are risky by their nature, and many often fail without any element of fraud or misconduct.
As we try to remind you in various places throughout the website, including in the educational materials which all users agree to when creating an account, the universal website footer, and every investment agreement used in conjunction with any offering on our platform, these investments are speculative, illiquid, and involve a high degree of risk including the possible loss of your entire investment.
Even if a company is successful, it takes some time, often years, before an investor can have an opportunity to realize any returns on these types of investments. While we wish all the companies who raise our platform the best of success, we also encourage investors to remember when making any investments through the platform that all investments are speculative, illiquid, and involve a high degree of risk including the possible loss of your entire investment, and to take this risk under consideration and invest responsibly.
To learn more about investing with StartEngine, please check out our Help Guide: https://help.startengine.com
We hope this helps to clear up any confusion about how investing on our platform works, if you have any further questions please don't hesitate to contact us directly at contact@startengine.com.
Thank you!
I have invested in a number of start engine companies. One of them went public (knightscope). I have no idea how to convert what I invested into actual shares in my Charles Schwab account and no one will reply to me! Terrible waste of money. Don't do it!
Hi Emily,
Thank you for providing your valuable feedback. First, I apologize that you did not receive the level of service expected.
I would be happy to provide you with more information here. Typically, brokerages do not hold private securities.
StartEngine provides investors an opportunity to invest in early-stage start-ups. What this means is that you are often investing in early-stage companies. Investments in these types of companies are risky by their nature, and many often fail without any element of fraud or misconduct.
As we try to remind you in various places throughout the website, including in the educational materials which all users agree to when creating an account, the universal website footer, and every investment agreement used in conjunction with any offering on our platform, these investments are speculative, illiquid, and involve a high degree of risk including the possible loss of your entire investment.
Even if a company is successful, it takes some time, often years, before an investor can have an opportunity to realize any returns on these types of investments. While we wish all the companies who raise our platform the best of success, we also encourage investors to remember when making any investments through the platform that all investments are speculative, illiquid, and involve a high degree of risk including the possible loss of your entire investment, and to take this risk under consideration and invest responsibly.
Please allow us to answer any other questions and concerns directly by reaching out to us at contact@startengine.com.
Again, we appreciate your feedback and would love the opportunity to address any further concerns with the level of service you deserve.
-StartEngine Support
I'm a public figure with a $9 million dollar domain, which we are launching a business around. The entity is formed, the business plan created and vetted by multiple VCs. My previous startup was acquired by a major tech company. I've decided to crowdfund for this one and was about to launch a campaign on WeFunder dot com. A friend suggested I check out StartEngine. I've never heard of them but reached out. I had a call with a woman named Doryn and that conversation was what motivated this review.
1. She was incredibly condescending.
2. She said Start Engine does not accept "pre-revenue" companies. That's a lie: they do.
3. Oddly, she told me to go with WeFunder! She told me her employer, StartEngine, is too expensive and only has interest in week established companies seeking late rounds of financing. It was so surprising and weird.
I cannot tell you how surprised I was and how put off I was by this arrogant woman who had the people skills of an alligator.
I'm headed over to WeFunder as she instructed, and I'll let you know how it goes!
Hello Troy,
Thank you for sharing your experience with us. We apologize for any frustration caused during your conversation with us. We take your feedback seriously and are investigating the issues raised regarding our acceptance criteria. We aim to provide transparent and professional service, and we're sorry your experience fell short of that.
Your feedback is valuable, and we would appreciate the opportunity to discuss your concerns further and work towards a resolution. If you're open to it, please let us know a convenient time for a follow-up.
Thank you for bringing this to our attention.
-StartEngine Support
Ease of use. The site is comprehensive in its offerings. Friendly design. I felt that I was in charge of my choices.
Hi Randal,
Thank you so much for your kind review! We're thrilled to hear that you found our site easy to use. It's wonderful to know that you felt in charge of your choices. If you ever have any more feedback or suggestions, we'd love to hear them.
We are looking forward to continuing this experience for you.
Have an awesome day!
-StartEngine Support
Wide array of interesting investments in start up companies. Easy to use, intuitive interface. Reccomend!
Hi Anthony, We appreciate your feedback and are thrilled to hear you are having a great experience! We look forward to continuing this experience for you on our platform!
I invested through start engine, pre-ipo, for jet ai, formerly known as jet token. I had 630 shares before the ipo. Somehow I ended up with just 21 shares and 33 warrants. Likely due to a reverse split, eventually leaving me with about $30 worth of shares for my $200 investment. I won't ever invest through start engine again, as it was a hassle to get simple information and is an even bigger hassle to transfer your shares. E-Trade won't even allow me to transfer my shares into my brokerage account because they are worth less than $500. I would highly recommend AGAINST it.
Hi Taron,
Thank you for leaving your feedback.
We sincerely apologize for the difficulties you have experienced.
If a company that raised on our platform previously makes the decision to go public, it is out of our hands and we have no control over the situation and what happens to your shares.
StartEngine assists start-up companies in raising capital for their business and helps facilitate investments from investors but once an offering has ended, we are not involved in the IPO process other than providing information to the company’s Transfer Agent and trying to assist investors in the process to the best of our abilities.
If you have any other questions or concerns, please feel free to reach out directly to us at contact@startengine.com.
Again, we value your feedback and hope to improve this experience for you.
Have a great day!
This site is a scam. Once a Company IPO's the do reverse splits making your investment worth $14 instead of the $3300 I was expecting. I will be contacting Start Engine and demand all my money returned. Shark tank Mr. Wonderful you owe me money! Jet Token SCAM!
Hi John,
We sincerely apologize for the difficulties you have experienced.
If a company that raised on our platform previously makes the decision to go public, it is out of our hands and we have no control over the situation.
StartEngine assists start-up companies in raising capital for their business and helps facilitate investments from investors but once an offering has ended, we are not involved in the IPO process other than providing information to the company’s Transfer Agent and trying to assist investors in the process to the best of our abilities.
As we try to remind you in various places throughout the website, including in the educational materials which all users agree to when creating an account, the universal website footer, and every investment agreement used in conjunction with any offering on our platform, these investments are speculative, illiquid, and involve a high degree of risk including the possible loss of your entire investment.
Please feel free to contact us directly at contact@startengine.com to address any further concerns or questions, we are happy to help.
Thanks for using StartEngine.
(Original review - 1 star) I went to my Start Engine account and couldn't login. I selected to recover my account, entered my email on file and never received a response. I contacted directly and still no response. I'm thinking that this site is a scam and I have lost my investment. Have caution. I will not invest through Start Engine again. Motley Fool has also stated to stay away from Start Engine. Wish I would have seen this review before. Don't trust this company.
(New review) Conner with StartEngine reached out and worked with me on recovering my account. There was a mixup in the email accounts and he helped me access my account, change my password, my shares are safe and all is good.
Thank you for taking the time to update your review! We're glad to hear that Connor was able to assist you. We appreciate your positive feedback about our customer service. We value your trust and appreciate your continued support!
Business owner with a successful 2 year old start up looking to augment its funding. After providing a highly detailed business overview and summary, which they solicited but never read, scheduled call which they were not prepared for, talked in circles reading a script the entire call. It felt like a joke as the call was so ridiculous. When he realized he had a knowledgeable business asking real questions, his scripting went to "not good fit" mode. Don't waste your time here. Next!
Put a couple hundred dollars in a company that went public after 3 years. My original 667 shares that I received only turned to a few warrants after ipo. Warrants weren't even worth the reinvestment to turn into shares.
I was notified that I needed to confirm my investment the day after I had made it. I clicked the confirm icon and they proceeded to remove ANOTHER $5000.00 from my account. I have spent hours trying to resolve this issue but there is no response and there is NO phone number where you may reach a person
If you invest in startengine itself, kiss your money goodbye! Take them seriously when they describe the investment as illiquid. To me, It is like I contributed to Howard Marks's piggy bank and I will be dead long before he cracks it open. Some lessons in life are free and some lessons cost $ 5000. Investing in Startengine cost me 5000 that I don't expect to ever see back. Take notice that most questions posed to the web to research StartEngine return positive answers provided by startengine. Not a lot of independent research. Check out the overwhelming number of bad reviews on the Better Businesse Bureau web site. That should inform a potential investor to run away and look for a regular stock opportunity to invest in.
Invested in a company in 2020 and have been waiting 3 years for them to go public. This is okay, because I believed in the company and leadership initially. The company was set to go public August 11th through a merger. I was not notified about my shares until August 12th. A full day after the company had become publicly traded. Then I was notified that it would take 2-3 days for the transfer from the stock transfer company to my actual brokerage.
This compounded the problem. As a result, I found myself unable to exit my position even though the stock's value had already dropped over 50% within the first day of trading.
Start engine refuses to make it right and says that it is out of their control since it's a publicly traded instrument.
Basically they gave the founders time to exit and left all of the seed investors holding a bag. Don't do business with this scam of a company.
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
They say u get 1000 shares of a stock for $300 before it goes public but when the stock goes public you don't get your 1000 shares. You get as many shares as $300 will buy if that stock at its opening price (if you're lucky) STAY AWAY. KEEP YOUR MONEY
Very difficult to login to website. Unable to relay messages through their communication system. I invested over two years ago and I have yet to hear any updates.
Answer: Yes, StartEngine is absolutely a legitimate business to invest in. Most recently they've hired Kevin O'Leary from the investment TV show "Shark Tank" as their new spokesman. They are currently the 10 fastest growing private company in CA.
Answer: Hi John. Refunds are processed within 10 business days. To check on the status of your refund, please reach out to our support team by emailing contact@startengine.com and we'd be happy to assist.
Answer: Hey William, Thanks for getting in touch with StartEngine, we are happy to assist with your question! To clarify, companies that raise funds on StartEngine are private companies, so unlike companies listed on the NYSE or NASDAQ, their shares do not fluctuate in value on a day-to-day basis. These investments are considered longer-term and not immediately liquidating. Typically, you will only see a change in the value of your shares if/when the company raises additional capital or goes through an exit event, such as an acquisition or IPO. And keep in mind that your StartEngine dashboard won't reflect any changes in share value – it only shows the initial terms of your investment at the time you made it. If you have any questions about the company and its progress, we recommend reaching out to them directly through the "comments" section of their campaign page or website. If you want to learn more about investing in startups and the potential outcomes, you can check out the articles at www.startengine.com/blog/investing-in-startups-101 and help.startengine.com​. If you have further questions, please feel free to reach out to our support team directly at contact@startengine.com. Thanks for using StartEngine and have a great day! ​
Answer: Hi Bruce, Thank you for your question. StartEngine is an investment platform that allows companies to raise capital by exchanging capital for securities (equity or debt). Rather than asking friends, family, and fans to donate money to help raise funds, StartEngine enables companies to raise capital by offering investment opportunities to the general public. Now anyone is able to be an angel investor! To learn more about investing with StartEngine, please check out our handy Help Guide at: https://help.startengine.com If you have any additional questions, please feel free to contact us directly at contact@startengine.com. Have a great day!
Answer: Hi Antonio, Thank you for your question. StartEngine is an investment platform that allows companies to raise capital by exchanging capital for securities (equity or debt). Rather than asking friends, family, and fans to donate money to help raise funds, StartEngine enables companies to raise capital by offering investment opportunities to the general public. Now anyone is able to be an angel investor! To learn more about investing with StartEngine, please check out our handy Help Guide at: https://help.startengine.com If you have any additional questions, please feel free to contact us directly at contact@startengine.com. Have a great day!
Answer: Hi Daniel. To see the status of your investment, you can log in to your account and go to investment.startengine.com/dashboard​. If you have any other questions, please reach out to us at contact@startengine.com. Thank you!
Hi Carlos!
Thank you for taking the time to provide detailed feedback about your experience with our platform. We greatly appreciate your insights and are thrilled to hear that you've found many aspects of our service to be excellent.
We're delighted that you've found our customer service to be prompt, efficient, and courteous. Providing exceptional support to our users is a top priority, and we're glad to hear that our team has been able to assist you effectively.
Regarding your suggestions for improvement, we hear you loud and clear. These are all very valuable suggestions, and we'll definitely take them into consideration as we continue to enhance our platform for all users.
Once again, thank you for your valuable feedback. We're committed to continuously improving our platform to better serve your needs and provide you with the best possible investment experience. If you have any further suggestions or concerns, please don't hesitate to reach out to us directly at contact@startengine.com.
Have a great day!