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StartEngine

How would you rate StartEngine?
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South Carolina
1 review
29 helpful votes
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Scam
April 10, 2019

They are quick to take your money but once you want to sell you cant Total scam! Don't waste your money on this site invest in the real stock market way easier and accessible

Date of experience: April 10, 2019
Colorado
1 review
12 helpful votes
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SCAM SCAM SCAM
May 4, 2023

SCAM. Do not invest in them. Your money will disappear. Mr. Wonderful is a conman. I was looking forward to helping green products. It was full of buulll.

Date of experience: May 4, 2023
California
1 review
0 helpful votes
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StartEngine is also the largest with Q3 2021 out raising Wefunder or Republic. Ive invested in 10 separate companies. One was sold to a larger company and I was paid for my shares at 2.6x in only 8 months. Another did a stock split after 1st year 3/1 and is selling higher today in 2ndary markets. 2rd is closing in 2 days and maybe revalued between 3X or 5X based on current Sales. So extremely happy with StartEngine. Especially the low buy-ins my son also is using it. Will continue to invest Money is usually tied up for a year or more. And also advise startups to raise this way

Date of experience: October 25, 2021
New York
24 reviews
31 helpful votes
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In June of 2022, I invested in the Rentberry offering, verified my profile, linked my bank and funded, no issues. Then the other day I wanted to invest in Boxable but for some reason they made me verify everything again and link my bank to get approved for investing.

I invested $1K and called it a day. Then I get an email that says "Deposit Funds" so I thought I had to do so for the investment and I did, another $1000. When I check my Boxable investment the "Funds Received" tab is NOT checked so where is my money? The $1K is gone from my bank. I reached out to customer support (*******@startengine.com) and... crickets.

Will they take another $1K for the actual investment? No, because I'm canceling the 2nd one and filing a complaint with the better business bureau to get my $1K back. And also may file with the FTC since it seems they're driving up their value by taking and holding our funds for no reason.

Date of experience: October 22, 2022
New York
1 review
23 helpful votes
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Scam!
June 3, 2021

I invested in 2 seperate companies on Startengine and cannot find info on either one anywhere. It's like they took the free money and disappeared.
SCAM!

Date of experience: June 3, 2021
California
1 review
0 helpful votes
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It was easy to register and setup up account. Did initial small investment. I was able to invest in a small company which is not easy to do with other platforms

Date of experience: July 26, 2023
Arizona
1 review
0 helpful votes
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Great investment platform for investors willing to take some risk for huge returns. I have approximately 20 investments and have 300pct gain in 1 year

Date of experience: November 7, 2021
California
1 review
2 helpful votes
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While they claim to help start ups with offerings and going public. There are no representatives for you to talk to unless you are investing. If you are seeking investing, it is 100% radio silence except for spam. Soliciting you to buy into other peoples businesses. They tell you to show up places to meet the man, they tell you schedule appointments, all in spam. You respond and eagerly wait for their responses for nothing. There is no customer service, they refuse to delete accounts even on request. Who is to say who all they sell your information to, they claim they have to retain the information for 5 years. If you are seeking investing, you sign up for an investors account. So even if you have no business with them and you find out they are a sham. They still get to keep your information which depicts you as a client/investor. WHICH IS A LIE AND MANIPULATION! They can use this information to receive lending, deceive investors, and deceive the public about their real intentions. Which I believe in not to help you... It is the same old corporate scam of self service. 100% If you are seeking investments... these people will not help you unless they know you. So be prepared to have to go to their events and make sure you get noticed. If you don't... They have no time for you unless you are giving them money.

Date of experience: January 11, 2023
Texas
1 review
4 helpful votes
Follow Randal E.
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StartEngine is an awesome way to invest in pre-IPO businesses that hopefully one day will go public and make you money. Everyone starts somewhere... businesses start at startengine.com

Date of experience: August 13, 2020
New Jersey
1 review
13 helpful votes
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BUYER BEWARE
March 28, 2022
Updated review

THIS IS WHAT START ENGINE HAS POSTED AS OF OCT 2021. "Investments in startups are long term (5-10+ years), high risk, and illiquid as there is not an established market for private securities, so there is no guarantee you will receive a return on your investments or that the company you invested in will IPO, merge, or be acquired." IF I KNEW THIS WHEN I FIRST PURCHASED I WOULDN'T HAVE INVESTED.

Date of experience: March 28, 2022
StartEngine T. StartEngine Rep
over a year old

Hi George,
This information is all correct, and we disclose this information in many places throughout the investment process so investors can understand this before submitting their first investment. We include this in our educational materials that investors confirm they have read when opening an account, as well as in our FAQ's on the checkout page when submitting an investment. We appreciate your feedback as we strive to make investing in startups more clear and simple for our community.


**UPDATE**
March 11, 2022
Previous review

As of 3/11/22 I now own 117 shares at a value of $3.66 ea. Total $428.22. I'm still unable to sell my shares as the company Start Engine is not allowing their shares to be sold on the companies ATS system (Alternative Trading System). The companies that do participate in this bogus system only operate between 1 and 3 pm. I will try to keep you updated but as I said before "BUYER BEWARE".

Date of experience: March 11, 2022

After 15 months of owning 39 shares of Start Engine at a cost of $507.00 I'm still unable to sell my shares. Also, I have no idea as to the valuation of shares, also web site is difficult to navigate if your trying to sell. If you want to buy, everything works great. Buyer beware, very illiquid, consider strictly as a long term investment and be willing to lose all of your investment. I was fooled by having Mr. Wonderful (who's not so wonderful) Kevin O'Leary involved. He's damaging his credibility in my opinion. Hope this review helps.

Date of experience: March 1, 2022
California
1 review
17 helpful votes
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Issue Reported Finally Being Fixed after some Seven Months
August 28, 2022
Updated review

The issue previously reported on October 2021, that my $3000 fund sent to them was not viewable on their webpage, was finally resolved on June 2022, that they send back my money.

Date of experience: August 28, 2022

Scam
October 12, 2021
Previous review

I sent money of $3,000 dollars to them as a fund for investment, and I could not see it on my account page for many months, even now.

Date of experience: October 12, 2021
Arizona
2 reviews
7 helpful votes
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Not good
May 26, 2022

You will regret it if you invest with this company its been years and i still have not been able to do any trades with my shares that i bought through this company it cost me $700 for this mistake

Date of experience: May 26, 2022
Massachusetts
2 reviews
3 helpful votes
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Terrible
August 3, 2023

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.

Date of experience: August 3, 2023
New York
1 review
0 helpful votes
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Easy to use
January 26, 2023

Amazing tool for new investors and companies to support each other and share the wealth! I'm an investory myself and found them through an innovative new whiskey company on the market.

Date of experience: January 25, 2023
Oregon
1 review
2 helpful votes
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Missing money
December 7, 2022

Sent money 11/25/22. Bank confirms such, but can't get Start Engine to locate or get a call. Very difficult to get a hold of them to help correct their mistake.

Date of experience: December 7, 2022
Maryland
2 reviews
3 helpful votes
Follow Jason C.
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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

Date of experience: August 14, 2023
Georgia
2 reviews
1 helpful vote
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No customer service
December 2, 2021

They have no customer service over the phone - only an answering service that tells you to contact them by email - and then they don't respond to the emails sent to them.

Date of experience: December 2, 2021
StartEngine T. StartEngine Rep
over a year old

Hi Tommy,

We rely on email as our primary form of support to best answer your questions. Our average response time via email is typically a few hours. Please feel free to reach out to us at contact@startengine.com and we'll get back to you as soon as possible.

California
1 review
1 helpful vote
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StartEngine scam
July 19, 2021

They don't tell you the investment is non refundable and that you have to find another sucker to sell your shares to. They don't stand behind the investment. BUYER Beware!

Date of experience: July 19, 2021
Tennessee
1 review
0 helpful votes
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I had accounts created with different email addresses. Investor Experience support was promptly able to help me. Thank you, Stella Lane.

Date of experience: April 26, 2024
StartEngine T. StartEngine Rep
12 months ago

Hi David! Thank you for sharing your positive experience with Stella! We're pleased to hear that our Investor Experience support team was able to promptly assist you with your accounts. If you ever need further assistance or have any questions, don't hesitate to reach out. We appreciate your support!

Mexico
1 review
6 helpful votes
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Stay away! 11
December 18, 2020

They do not respond to emails, they do not have a phone number to reach them. I have invested in a company but they will not be available. Do not do business with a website that is not transparent.

Date of experience: December 18, 2020

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