Dalmore Group
Dalmore Group is a FINRA-registered broker-dealer providing compliance infrastructure and a white-label fundraising platform for issuers raising capital under Regulation A+, Regulation Crowdfunding, and Regulation D, serving founders, fund managers, and platforms.
- Company typePrivate
- Founded2005
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Dalmore Group does
Dalmore Group, LLC is a FINRA-registered broker-dealer founded in 2005 that provides compliance infrastructure and technology for online capital formation under Regulation A+, Regulation Crowdfunding, and Regulation D frameworks. The company serves founders, fund managers, and platforms seeking to raise capital from both accredited and non-accredited investors without building internal broker-dealer capabilities. Its core technology is the Broker-Dealer Operating System (BDOS), a proprietary compliance and issuer management platform that centralizes investor profiles, trade records, KYC/AML verification, accreditation checks, and regulatory audit trails, paired with the Dalmore Portal, a white-label fundraising platform with e-commerce-style checkout, multi-asset transaction support, and conversion analytics.
The company generates revenue through transaction-based fees (1-6% of capital raised in Reg A/CF/D offerings), secondary trading commissions (up to 2.5% on both buyer and seller), EB-5 administration fees ($40,000-$60,000 per $800,000 minimum investment), recurring trail compensation (1.6-3% annually on EB-5 platform investments), retainer fees, and compliance fees for registered representatives. Go-to-market is sales-led with direct enterprise engagement, supplemented by self-serve technology onboarding for smaller issuers and channel partnerships (notably Raisi for AI-powered investor networking). In 2024, issuers supported by Dalmore raised more than $750 million, with monthly run rates of $30M-$60M; the company has supported 1,000+ offerings and over one million investment transactions cumulatively.
Dalmore operates as a founder-led private firm under Etan Butler (Chairman; 300+ Reg A+ offerings, $3B+ raised) and Oscar Seidel (CEO; 30+ years in securities), with a holding company structure (Dalmore Holdings) encompassing wholly-owned operating entities including Dalmore Technology LLC and United Transfer Agency LLC. The company holds FINRA and SIPC memberships, maintains FINRA/SEC/USCIS compliance programs, and is headquartered in Woodmere, NY with a New York sales office. Recent strategic moves include a 2026 partnership with Polymath for tokenized securities compliance infrastructure and expansion into fractional investment technology via Dalmore Fraction.
Dalmore Group firmographics
Firmographics- Name
- Dalmore Group
- Legal name
- Dalmore Group, LLC
- Website
- https://dalmoregroup.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Dalmore Group is a FINRA-registered broker-dealer providing compliance infrastructure and a white-label fundraising platform for issuers raising capital under Regulation A+, Regulation Crowdfunding, and Regulation D, serving founders, fund managers, and platforms.
- Ownership category
- akta.pro rank
Dalmore Group industry classification
Industry- Product category
- Brokerage & Capital Markets Services
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (523940)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)
- akta.pro primary industry
- Fee-Based Advisory (FSAEAAAM)
- akta.pro secondary industries
- AML/KYC, Investor Onboarding & Compliance Services (FSAAAMAE), Best Execution & TCA Compliance (FSAFAOAL)
Keywords
Where Dalmore Group is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Dalmore Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Transaction Compensation (Commissions): Transaction-based fees ranging from 1% to 6% of investor capital for Regulation A, Regulation Crowdfunding, or Regulation D offerings. Also known as capital raise fee or success fee. For secondary market trading, up to 2.5% trading fee charged to both buyer and seller.
- EB-5 Administration Fees: Admin fees charged on EB-5 investments with $800,000 minimum investment, typically ranging from $40,000 to $60,000. These are referral fees paid by issuers/sponsors.
- Trail Compensation: Ongoing compensation paid from investment product assets based on annual percentage of invested assets. For EB-5 platform investments, trail compensation ranges from 1.6% to 3% per annum as residual interest payments.
- Retainer Fees: Non-refundable retainer fees charged to issuer/sponsor clients in certain engagements. Setup, legal, and flat fees vary by offering type.
- Compliance Fees: Flat fees charged to Registered Representatives on annual or prorated basis for compliance services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Reg A, Reg CF, Reg D Transaction Fees |
| Transaction based/ take rate | Pay-as-you-go | Secondary Trading Fees |
| Transaction based/ take rate | Pay-as-you-go | EB-5 Administration Fees |
| Outcome Based/ Performance | Monthly | EB-5 Trail Compensation |
| Other | Monthly | Registered Representative Compensation |
| Subscription | Multi-year contract | Retainer Fees |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
Dalmore Group product offering
Product offeringCore offering
Dalmore Group is a FINRA-registered broker-dealer that provides online capital-raising infrastructure and broker-dealer compliance services for issuers conducting Regulation A+, Regulation CF, Regulation D, and EB-5 offerings. The firm operates a white-label fundraising platform (Dalmore Portal) with integrated KYC/AML, payment processing, and analytics, and supplements this with modular services including broker-dealer of record, secondary trading, investor networking, dedicated sales force licensing, and EB-5 administration. Revenue is generated through transaction-based commissions (1-6%), secondary trading fees (up to 2.5%), EB-5 administration fees, retainer fees, and trail compensation.
Product overview
Dalmore Group offers a unified platform plus modular services architecture for compliant capital formation. The core technology is the Dalmore Portal (white-label fundraising platform) powered by the proprietary Broker-Dealer Operating System (BDOS). Additional modules include Investor Networking (AI-powered automated outreach), while services layer on broker-dealer compliance through Broker-Dealer of Record, Secondary Trading for liquidity, Dedicated Salesforce Program for licensed sales teams, and EB-5 Services for international investor programs. Together, these products support issuers through Regulation CF (up to $5M), Regulation A (up to $75M), Regulation D (unlimited), and Reg S/EB-5 offerings, with a focus on turning stalled capital raises into scalable capital engines.
Differentiator
Problem solved
Functional benefit
Brands
- Dalmore Portal: White-label fundraising platform with e-commerce-style checkout experience, KYC/AML verification, multi-asset checkout, and investor management.
- BDOS (Broker Dealer Operating System)
- Dalmore Investor Networking
- Dalmore Direct
- Dalmore Fraction
Products and services
- Dalmore Portal White-label fundraising platform providing investor onboarding, KYC/AML and accreditation verification, e-commerce-style checkout, payment processing (credit card, ACH, wire, check), real-time analytics, abandoned cart recovery, and broker-dealer compliance oversight for Reg CF, Reg A+, and self-hosted Reg D offerings. Built for issuers (founders, fund managers, platforms) raising private capital.
- Investor Networking Automated outbound service that uses AI-powered matching (via Raisi integration) to connect issuers with more than 150,000 strategic investors including family offices, venture capital firms, and high-net-worth individuals. Includes targeted pitch deck creation, email campaigns, and meeting scheduling for issuers running Reg A+, Reg CF, and Reg D raises.
- Broker-Dealer of Record Regulatory supervision service that delivers FINRA-registered broker-dealer oversight, including marketing material review, KYC/AML checks, accreditation verification, transaction review, and audit-ready reporting. Required for Reg CF and Reg A+ offerings and available for select Reg D 506(c) offerings; targeted at issuers and platforms needing broker-dealer compliance.
- Secondary Trading Liquidity service that enables investors to buy and sell private securities after the initial fundraise through integrated Alternative Trading Systems (ATS), with full broker-dealer supervision, KYC/AML checks, accreditation verification, and trade approval workflows. Dalmore charges up to a 2.5% trading fee to both buyer and seller.
- Dedicated Salesforce Program Program allowing issuers to build their own licensed sales teams under Dalmore's FINRA broker-dealer supervision. Includes SIE and FINRA exam preparation, U4 filings, state registrations, ongoing compliance oversight, and compliant commission payouts for high-volume issuers running retail or accredited-investor offerings.
- EB-5 Services Broker-dealer supervision for EB-5 immigrant investor program offerings on $800,000 minimum investments. Covers SEC/FINRA/USCIS compliance, KYC/AML verification for international investors, escrow management, transaction processing (ACH, wire, check), and audit-ready reporting for EB-5 program operators and regional centers.
Quantifiable outcome
- Over $750 million raised by issuers in 2024 alone with ongoing monthly raises between $30M-$60M
- +2 more outcomes
Companies that use Dalmore Group
Customer profileNamed customers3 records
Segments6 records
Ideal customer profiles4 records
Dalmore Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability1 record
Feature5 records
Dalmore Group partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- PolymathcoreStrategic partnership integrating Dalmore's regulatory infrastructure, transaction management systems, and capital-raising expertise (including KYC/KYB verification, subscription processing, and broker-dealer compliance) into the Polymath Capital Platform. Creates an end-to-end compliant digital securities offering environment for tokenized capital formation in the United States. The partnership enables issuers on the Polymath platform to access seamless capital formation including issuer and investor onboarding, compliance review, and post-close lifecycle management.
- RaisicoreAI-powered investor networking partnership where Raisi creates pitch decks and analyzes offering materials to identify compatible investors including family offices, venture capital firms, and high-net-worth individuals. Email campaigns are sent from issuers to investors on a daily basis. Investor responses are delivered to issuers' inboxes for meeting scheduling. Raisi surfaces investors whose timing, focus, and decision patterns align with specific raises.
Scale indicators15 records
Recent moves6 records
Expansion highlights5 records
Dalmore Group competitors and assessment
Company assessmentDirect peers
- Wefunder: Major Regulation Crowdfunding platform serving founders raising capital online, competing directly for early-stage issuer mandates in the same Reg CF/Reg A+ ecosystem Dalmore services.
- SeedInvest: Reg CF and Reg A+ platform with an affiliated broker-dealer, targeting the same startup and growth-company issuer base and offering a comparable online capital-raise infrastructure stack.
- Microventures: Broker-dealer and funding portal supporting Reg CF and Reg A+ raises, directly comparable to Dalmore in serving issuers requiring FINRA-registered broker-dealer supervision for online offerings.
- StartEngine: Operates one of the largest Reg CF and Reg A+ fundraising platforms with an affiliated broker-dealer (StartEngine Securities), directly competing for the same issuer mandate as Dalmore across online capital formation.
- Republic: Multi-product investment platform that runs Reg CF, Reg A+, and Reg D offerings through its affiliated broker-dealer, overlapping heavily with Dalmore's primary issuance and private securities trading services.
- Rialto Markets: FINRA-registered broker-dealer focused on private placement and capital markets services for issuers, competing for the same broker-dealer-of-record mandates in the exempt-offerings space.
- DealMaker (Republic Capital Markets): Broker-dealer arm offering Reg A+, Reg CF, and Reg D services with technology-driven issuance infrastructure, directly comparable to Dalmore's BDOS-backed offering.
- TruCrowd: Regulation Crowdfunding and Reg A+ funding portal with affiliated broker-dealer support, competing for the same early-stage and growth-company issuer relationships.
Emerging players
- Securitize: Tokenized securities issuance and compliance platform whose digital-securities offerings increasingly intersect with Dalmore's broker-dealer mandate, particularly given Dalmore's Polymath partnership positioning it in the same tokenized capital formation ecosystem.
- tZERO: Operates an ATS and infrastructure for trading private and tokenized securities, overlapping with Dalmore's secondary trading and ATS-integration capabilities for exempt securities.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Dalmore Group social profiles
Digital presenceDalmore Group compliance and trust
Trust signalCompliance4 records
Dalmore Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Dalmore Group leadership team
Management profileNumber of profiles
Profiles5 records
Dalmore Group subsidiaries and ownership
Company hierarchySubsidiaries7 records
Dalmore Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Dalmore Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Dalmore Group
What does Dalmore Group do?
Dalmore Group is a FINRA-registered broker-dealer that provides online capital-raising infrastructure and broker-dealer compliance services for issuers conducting Regulation A+, Regulation CF, Regulation D, and EB-5 offerings. The firm operates a white-label fundraising platform (Dalmore Portal) with integrated KYC/AML, payment processing, and analytics, and supplements this with modular services including broker-dealer of record, secondary trading, investor networking, dedicated sales force licensing, and EB-5 administration. Revenue is generated through transaction-based commissions (1-6%), secondary trading fees (up to 2.5%), EB-5 administration fees, retainer fees, and trail compensation.
Is Dalmore Group a public or private company?
Dalmore Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Dalmore Group founded?
Dalmore Group was founded in 2005. It employs 1 to 10 people.
Where is Dalmore Group based?
Dalmore Group is headquartered in New York, United States, in the North America region.
How does Dalmore Group make money?
Five revenue lines are on record. Transaction Compensation (Commissions) is the primary driver. The others are EB-5 Administration Fees, trail Compensation, retainer Fees and compliance Fees.
Who are Dalmore Group's main competitors?
Direct peers on record are Wefunder, SeedInvest, Microventures, StartEngine, Republic, Rialto Markets, DealMaker (Republic Capital Markets) and TruCrowd. Emerging players are Securitize and tZERO.
Does Dalmore Group have an API?
Yes. The BDOS API framework allows issuers and marketplaces to connect their proprietary investment technology to Dalmore Group's broker-dealer infrastructure. Through the API, issuers can sync investor data, trades, and compliance notes directly into BDOS, enabling Dalmore to handle compliance oversight while issuers maintain control over their front-end experience. The API supports centralized oversight, allowing Dalmore's team to review, approve, or deny investors and trades from a single system even when transactions originate from a third-party platform. The Polymath partnership also includes a deep API integration enabling real-time coordination between platforms, automating compliance signals, transaction workflows, and operational processes for tokenized capital formation.
What industry is Dalmore Group in?
Dalmore Group's product category is Brokerage & Capital Markets Services. Its primary akta.pro industry code is FSAEAAAM, Fee-Based Advisory, with a secondary code of FSAAAMAE, AML/KYC, Investor Onboarding & Compliance Services. Its NAICS code is 523 and its SIC code is 6211.