FranShares Secures $4.1M Seed to Bring Franchise Investing to the Masses
Summary
The oversubscribed round brings FranShares total capital raised to $5.76M.FranShares is riding high as investors buffeted by economic uncertainty and fears of recession seek investment alternatives backed by real assets. Operators can quickly fund expansions through FranSharess community of nearly 50,000 investors, who gain fractional ownership in franchise locations and receive excess profits as distributions.Unlike anything-goes alternative assets like cryptocurrency and NFTs, franchisors must disclose financials, executive backgrounds and even litigation, and they are regulated by the FTC for consumer protection. FranSharess offerings are subject to SEC regulations.The combination of transparency, high earning potential, low barriers to entry and a resilient business model has proven to be a winning proposition. Its time to bring these opportunities to a wider audience, said FranShares CEO Kenny Rose.FranShares is on to something big, and they have the talent and the gameplan to execute, said Stuart Larkins, Founding Partner, Chicago Ventures. Theyre unlocking an entire asset class for investors hungry for alternatives to traditional bonds and equities.For more information about FranShares and to join the waitlist, please visitAbout FranSharesFranShares is democratizing access to franchise investing and funding.