The startup offers a cloud-based participation platform that utilizes blockchain technology to facilitate employee engagement by managing value distribution, dividends, and voting rights without administrative burdens. This platform also generates legally binding notary deeds for transactions, enabling startups and SMEs to enhance connections with their employees and equity crowd funders.
Funding
$3.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many startups and SMEs face challenges in implementing and managing employee equity participation plans due to administrative complexities, legal requirements, and the need for transparent value distribution. Traditional methods often involve cumbersome paperwork, making it difficult to engage employees and equity crowd funders effectively.
Solution
Share Council offers a cloud-based platform that simplifies employee ownership and shareholder management. The platform facilitates the creation and administration of various participation plans, including STAKs, Economic Ownership Rights (EORs), and Stock Appreciation Rights (SARs). It automates the distribution of value, dividends, and voting rights, reducing administrative overhead. Additionally, the platform generates legally compliant documentation for equity transactions, fostering stronger connections between companies, employees, and investors.
Target Audience
Share Council primarily serves small to medium-sized enterprises (SMEs) seeking to implement employee ownership programs, enhance employee engagement, and manage shareholder relations efficiently.
Features
- Digital platform for managing employee participation plans and shareholder relations
- Support for various equity instruments, including STAKs, EORs, Options, SARs, Convertible Loans, and Bonds
- Automated dividend distribution and voting rights management
- Customizable vesting schedules and rules
- Online shareholder and contract management
- Tools for raising community funding rounds
- Secure, blockchain-based encryption for equity transactions
- Legal templates developed with recognized law firms for compliance
- API for integrating company ownership into product experiences