Pierre Laguerre: First Black Man To Raise $1.07 Million Maximum In All Registered Crowdfunding Platforms

by Duke Magazine

Pierre Laguerre, who is the founder of Fleeting, a platform designed to connect companies with qualified and reliable CDL drivers, has made history as the first Black man to raise the $1.07 million maximum in all regulation crowdfunding platforms.

According to the Securities and Exchange Commission (SEC), a company is permitted to raise a maximum amount of $1,070,000 through crowdfunding offerings during a period of 12 months, and Laguerre’s Fleet has just managed to achieve that.

The news of this historic Fleet’s feat was announced via the microblogging platform, Twitter, by Republic, an online crowdfunding platform.

Fleeting shares were open to investors via Republic, where it was able to amass funds from nearly 5,000 investors, some of which took to their Twitter page to share their excitement about investing.

Currently, Fleeting holds a $10 million valuation cap and is backed by celebrities such as Chamillionaire and E-40, according to Republic.

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