KoreTransfer

What KoreTransfer does

KoreTransfer USA LLC is an SEC-registered transfer agent headquartered at 1 World Trade Center, New York, providing shareholder management and compliance infrastructure for private capital markets. Founded in 2016, the company serves issuers raising capital under Regulation CF (up to $5M), Regulation D, and Regulation A+ (up to $75M Tier 2), managing over 5 million shareholders across what appears to be a long tail of early-stage and growth-stage private companies. Its core offering consolidates traditionally fragmented back-office functions — recordkeeping, cap table management, AGM/proxy support, K1 tax reporting, 409A valuations, shareholder communications, and qualified-account custody (IRAs, SEP IRAs, ROTH IRAs) — into a single platform with 24/7 investor portal access.

The platform is built on KoreChain, a permissioned blockchain leveraging industrial-strength Hyperledger Fabric, which enables tokenization of securities (shares, options, warrants, debentures, loans, SAFE, security tokens, NFTs) with immutable ownership records. A purpose-built API with a Common Data Interchange Format (CDIF) extends the platform to marketplaces, funding platforms, and Alternative Trading Systems (ATS). The consumer-facing KoreID Mobile App (iOS/Android) provides investors with 2FA-secured portfolio access. KoreNodes — independently owned by regulated entities — provide distributed infrastructure. LexisNexis is integrated for KYC/AML and sanctions screening.

KoreTransfer operates a sales-led, enterprise-focused go-to-market targeting issuers, broker-dealers, and investment platforms. Revenue is generated through a flat monthly subscription with unlimited shareholders (no per-seat or per-shareholder fees) supplemented by professional services add-ons such as K1, 409A, AGM support, and custody. The company claims operational presence across the USA, Canada, UK, EU, Australia, Singapore, India, New Zealand, Taiwan, and China. Leadership is led by President Jason Futko, with a disclosed team of approximately five professionals.

Name

KoreTransfer

Legal name

KoreTransfer USA LLC

Website

https://koretransfer.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

KoreTransfer is an SEC-registered transfer agent providing shareholder management, cap table, compliance, and blockchain-based tokenization infrastructure for private market issuers raising capital under Reg CF, Reg D, and Reg A+ frameworks.

Ownership category

akta.pro rank

Product category

Transfer Agent Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Exchanges (5232)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)

akta.pro primary industry

Smart Contract & Token Operations Infrastructure (Lifecycle, Corporate Actions) (FSAGAMAH)

Keywords

• Transfer agent services
• Private capital markets
• Cap table management
• Shareholder communications
• Digital securities tokenization

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Transfer Agent Services Subscription: Flat monthly fee model for transfer agent services including shareholder management, cap table maintenance, and securities tracking. The pricing structure features no hidden fees and no additional costs for unlimited users/shareholders.
2. Additional Services: Additional services such as K1 reporting, 409A reports, AGM support, and custody solutions may be offered as add-on services to the base subscription.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

KoreTransfer provides SEC-registered transfer agent services for private capital markets, enabling companies to issue and track securities including shares, options, warrants, debentures, SAFE, digital securities, security tokens, and NFTs through a single platform. The offering combines transfer agent and record-keeping services with cap table management, shareholder communications, AGM and K1 reporting, custody solutions, a mobile investor app, and a purpose-built API. Underlying the platform is KoreChain, a permissioned blockchain on Hyperledger Fabric that supports tokenization and immutable ownership records for Reg CF, Reg D, and Reg A+ offerings.

Product overview

KoreTransfer is an SEC-registered transfer agent platform for private capital markets, offering a unified suite of services built on its purpose-built API infrastructure. The platform provides core solutions including Record Keeping, AGM management, K1 Reporting, Reports, Shareholder Communications, Custody, Mobile App, and API access. Built on top of this foundation is the KoreApps ecosystem, which operates alongside KoreChain (a permissioned blockchain on Hyperledger Fabric), KoreNodes, Compliance, Digital Assets, Security, and Privacy modules. The platform supports multiple regulations including RegCF (up to $5 million), RegD (private placement), and RegA+ (Tier 1 up to $20M, Tier 2 up to $75M), enabling companies to manage shares, options, warrants, debentures, loans, SAFE, digital securities, security tokens, and NFTs from a single platform.

Differentiator

Problem solved

Functional benefit

Products and services

• KoreTransfer Solutions SEC-registered transfer agent services for the private market providing multi-national capabilities, online access to company records, and control over shares, options, warrants, debentures, loans, SAFE, digital securities, security tokens, and NFTs through a single platform. Offered to private companies and unlisted issuers raising capital under SEC exemption frameworks.
• Transfer Agent API REST API providing book of records management, transfer management, trade management, K1 reporting, and integration with KoreNode Settlement, Compliance Desk, Cap Table, Portfolio, and ATS. Built around a Common Data Interchange Format (CDIF) and aimed at issuers, marketplaces, funding platforms, and Alternative Trading Systems needing standardized data connectivity in private capital markets.
• KoreID Mobile App First-of-its-kind mobile online passport for investments, working on iOS and Android, providing 2-factor authentication via mobile phone and in-hand access to a personal dashboard and portfolio including pending investments, reports, updates, and company news. Offered to individual investors and shareholders of issuers served by KoreTransfer.
• KoreApps Suite of applications for companies, broker-dealers, transfer agents, and stakeholders to manage all private capital markets activities, provided as part of the KoreTransfer / Kore ecosystem offering.
• KoreChain Permissioned blockchain built on industrial-strength Hyperledger Fabric that provides tokenization of securities and ownership immutability, enabling digital representations of real-world assets including securities, real estate, and contracts to be stored on-chain for private capital markets participants.
• KoreNodes Decentralized network nodes on KoreChain owned by independent, regulated entities, providing settlement, validation, and regulatory-grade infrastructure for the private capital markets ecosystem.

Quantifiable outcome

• Over 5 million shareholders managed on the platform

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• KorecoreStrategic or Co-development PartnerKore provides all KoreTransfer clients with free Cap Table, Portfolio, Mobile App, Shareholder Communications, and Private Label services. As part of the broader Kore ecosystem, this partnership enables integrated private capital market infrastructure.
• KoreChaincoreTechnology or IntegrationKoreChain provides KoreTransfer clients the ability to tokenize all their securities and have ownership immutability. Built on Hyperledger Fabric, it enables blockchain-based security management.
• LexisNexiscoreTechnology or IntegrationLexisNexis provides KoreTransfer with ID, AML (Anti-Money Laundering), and sanction screening services for all transfers and trades, ensuring regulatory compliance.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Carta: Carta is a leading cap table management and equity administration platform serving private companies, investors, and employees. It competes directly with KoreTransfer in private market issuer services, including shareholder management, 409A valuations, and compliance support, though Carta's scale is substantially larger.
• Pulley: Pulley offers cap table management and equity administration tools for startups and private companies. It competes directly with KoreTransfer for private market issuers needing cap table, 409A, and compliance support, with a more focused SaaS-only delivery model.
• tZERO: tZERO is a digital asset and blockchain-based securities trading platform offering tokenization, ATS, and transfer agent-adjacent services. It competes with KoreTransfer in the digital securities and blockchain-based private capital markets infrastructure space.

Emerging players

• Workiva: Workiva provides cloud-based compliance, reporting, and audit management software used by issuers and accountants. It overlaps with KoreTransfer's reporting (K1, 409A) and compliance modules though its focus is broader corporate reporting.
• Securitize: Securitize provides digital securities issuance, transfer agent, and compliance services using blockchain infrastructure. It directly competes with KoreTransfer in the tokenized securities space with an SEC-registered transfer agent offering.

Broad incumbents

• Equiniti: Equiniti is a major transfer agent and share registration business providing investor services, employee benefits, and corporate trust solutions. It competes with KoreTransfer in the regulated transfer agent space, serving issuers globally with a wider portfolio of services.
• Computershare: Computershare is a global transfer agent and stock registration services provider managing millions of shareholder accounts. It is a broad incumbent offering transfer agent, employee equity plan, and corporate trust services that overlaps with KoreTransfer's core transfer agent offering but at significantly larger scale.
• Shareworks (by Morgan Stanley): Shareworks provides equity plan administration, cap table management, and financial reporting for private and public companies. It is a broad incumbent in the equity administration space competing with KoreTransfer's shareholder management capabilities, now backed by Morgan Stanley.

Others

• KoreConX: KoreConX is the parent ecosystem platform that integrates with KoreTransfer, providing cap table, portfolio, mobile app, and shareholder communications. It is a closely related enabling platform and strategic partner rather than a direct competitor.

Regional players

• TSX Trust: TSX Trust (now part of TMX Group) is a Canadian transfer agent and corporate trust services provider. It is a regional peer with comparable transfer agent and shareholder services focused primarily on Canadian and North American issuers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/koretransfer

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KoreTransfer