StartEngineReviews 195

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

Ok good luck getting a reply from the email address they provide. I sent 8 emails with not one reply

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

I am trying to invest in a company. The first thing that happened is no Start engines kept asking me to verify the purchase amount which I did. However, after verifying, because I kept getting messages from Startengine that I needed to verify my account-I got charged 4 times and only wanted to be charged 1 time. I tried to contact them about this error and that is where the problem started. When I tried to contact them via the links in the email that said I could schedule a call to discuss my problem it says the page does not exist. The only way to contact them was via a form which asked for the usual info.-name, phone number reason for contacting them. I filled out the form and the next day I got an email form Nicole F. Saying that my account was verified. That had nothing to do with what I put in the contact form-I simply want a refunded for one of the amounts that I was charged. Today, I went on the internet and found a contact number which I was happy to find and dialed quickly, only to hear a VM that basicially directed me back to the form. Oh, I almost forgot-there was a link so I could chat with someone, but guess what-it was between 12pm and 5pm MST, so I waited until that time and tried to contact them via that and it said that I was contacting them outside of hours and need to try at the normal business hours. This had been a horrible experience all around and this isn't even the company I am trying to invest in which is a shame, because it will be the last time i do anything through Start Engine unless a miracle occurs and they get things up and running smoothly.

Tried many times to contact SE, to no avail. Their website is not helpful. How can a person make contact with SE?

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

I followed the process to invest $1000. And now getting messages the investment is not complete. I have tried to get help and all I get is canned suggested actions. I have ask for someone to call or provide a phone number so I can get this fixed. The offer has closed and it appears as though I have lost $1035. I and I suggest other investors contact the SCC and file a complaint in writing. It is fraud to take money from and investor and not provide the stock.

I have made upwards of 15 investments, some of them are obviously crazy longshots a couple of them have paid out cash dividends at regular intervals. I think it's very important to know that these investments are very long term, not a year but many years. Some of them may never pay back, but there are (in my opinion) a few opportunities on the site that have the chance to turn out incredibly.

Don't make the investment if it is with money you will miss though.

Invested $500 in a promising company almost three years ago - shares are worth about $13 today. StartEngine is set up to enrich the entrepreneurs and management of SE - not the investors. The agreement is written such that they can continue and dilute your shares in perpetuity by seeking more money from different investors.

I have dropped over $10,000 in various investments through Startengine including in Startengine itself. I had a small return on one company. I have not been able to contact Startengine. One company I invested over $2,000 and they say I haven't completed my investment but the money has been taken out of my account. There is no way to contact the company. Save your money and don't give it to these guys.

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.

They take your money and run. I can NEVER get any replies to my inquiries. I'm filing a complaint with the SEC and Attorney General's Office!
BEWARE!

When reading your purchase agreement you're screwed. The contract says its for long-term investors. Who knows what long-term means? Start Engine says I can sell them myself but you never know the value good luck. Who would buy something useless? You will go around in circles trying to see the progress I give up. I have seven certificates This is my interpretation. Any good help would be appreciated that is not confusing.

START ENGINE IS A SCAM.

DO NOT INVEST WITH THIS COMPANY.

START ENGINE IS A SCAM.

DO NOT INVEST WITH THIS COMPANY.
START ENGINE IS A SCAM.

DO NOT INVEST WITH THIS COMPANY.

Yeah, startengine is garbage. The law needs to lock them up for scamming innocent people. I have invested in 2 companies that i haven't heard anything from since the day I made the purchase in 2020. Now we're in 2023 and still no communication on how the companies are doing or anything and my money is stuck. Unless you want to invest, you won't hear anything from no one. This is scamming at its finest. Kevin O'Leary has to be looking over his shoulder every minute because I know he knows for sure that the feds are coming for him. Zero

It's a scam save your money, there crooks, invested almost 2 years ago haven't heard any haven't earned a penny and with the economy today no one can afford to throw away money and once you invest and they close the market, you can't pull your investment back out, I'm a Marine and a retired law enforcement officer so I have no reason too lie, I guess white collar crime pays cause you can rob people and get away with it.

Start Engine apparently does nothing to make sure that the offerings on the site are legitimate, much less worthwhile investments. I have been investing on StartEngine since the earliest days of the platform with company like Elio (circa 2016), and just about every single company I have invested in has failed or the company is MIA. I see other investors commenting that they have had the same results.

I have also attempted to invest in Start Engine itself, but for whatever reason my investments keep being rejected. I have tried on three separate occasions, so there are three separate rejected investments on my account.

The site says you can 'Fix' the investments, but when I try to fix them and charge a bank card again it doesn't work, and without explanation. It just says that it failed. I tried with three different cards. Flash forward a few weeks and I realize that Start Engine has kept my money on some of my attempts to fix the investment. I try to contact Start Engine and they don't get back to me so I dispute one of the charges with a chargeback request. This gets them to respond, and they say it will be 5 to 10 days for a refund to be applied on a different charge but that they are fighting the chargeback request so that one will likely take 90 days. They then state that they will refund me promptly if they win the chargeback request... WTF?

WHY would they OFFER me the opportunity to fix the investment if they are going to automatically reject it?
WHY would they TAKE the money if the investment is not available/current/or whatever their reason was for rejecting it?
WHY would they KEEP the money after they rejected the investment?
WHY would they DISPUTE the chargeback request if they admit the money should be refunded?

Start Engine boggles the mind with their incompetence.