Canadian firm Capiche is pushing to transform the private placement process.
Founded in 2015 on a deep-rooted belief in transparency and equal access to investment opportunities, the Vancouver-born fintech aims to facilitate capital raising and investments in a more efficient, cost-effective, and public confidence-inspiring way using modern technology.
At the helm of Capiche is a dynamic duo: James Atherton, a seasoned entrepreneur and corporate finance lawyer, and Felix Chan, an experienced technologist who has held numerous leadership roles across various financial services and enterprise solutions firms.
Together, they bring knowledge and insight to the table, identifying problems inherent in the traditional private placement process—and creating solutions to address them.
Capiche’s platform is designed to simplify the capital raising process, making it swifter but still compliant. By entering corporate details and financing terms, companies can launch an offering, while investors are guided through the investment process to e-sign documents that Capiche automatically generates.
This tech is not just for private companies but also serves public companies listed on Canada’s junior stock exchanges.
For example, Capiche can make it possible for businesses to hit tight financing windows, minimize reliance on advisors, and maximize proceeds for achieving corporate objectives, according to the company. It also opens up access to an untapped pool of investors by accommodating subscriptions from a larger number of investors using existing security holder and other prospectus exemptions.
Startups and other private companies can also benefit from Capiche’s offerings. Indeed, startups are eligible for hours of free guidance from the startup’s legal team to set up and close their financing.
For investors, Capiche has streamlined the investment process. The digitization of the process has a simplifying and expedient effect. More over, transparency ensures that investors have confidence that the offering complies with securities laws and stock exchange policies.
Finally, Capiche promises security as well with industry-standard 128-bit encryption strength and support for up to 256-bit. Servers are housed in secure facilities, according to the company, safeguarded by key card access and video surveillance.
The company heads to Collision in Toronto this month.