KoreInside, a provider of secure end-to-end infrastructure for private capital markets, announced it has retained Weild & Co. to raise capital through a $40 million Series B offering. The engagement brings notable expertise to KoreInside's mission of improving market performance for investors, issuers, fund sponsors, investment banks, and portals.
Weild & Co. founder David Weild IV, former vice chairman of NASDAQ and widely recognized as the "Father of the JOBS Act," will serve as day-to-day advisor for the offering. His firm provides KoreInside access to investment bankers licensed across all 50 U.S. states and territories, with international operations. Weild & Co. has been named three times to the Inc. 5000 fastest-growing private companies list and was recently included in the inaugural Titan 100 class in Nashville.
"We are excited by the innovation that KoreInside brings to improving the performance of the private capital markets and to be lead-managing their Series B private placement," said Weild. The firm's decentralized investment banking platform, detailed at https://www.weildco.com, rethinks how capital markets services are delivered for corporate clients and investors.
KoreInside executives emphasized the strategic importance of this partnership. "KoreInside will revolutionize private capital markets transactions, and we just took a major step toward that end by retaining Weild & Co.," said Jason Futko, CPA, CA, Co-founder, CFO, and President. CEO Oscar Jofre added, "Weild & Co. is a recognized leader in capital markets and investment banking, and we are thrilled to have David and his very capable team representing us for this next phase of growth."
The collaboration aligns with KoreInside's vision to scale private markets through technology. The company's infrastructure, architected as a DTCC-equivalent for private markets, includes KoreID for interoperable identity and KoreChain, the first SEC-qualified blockchain for private securities. This enables clearing, settlement, distribution, and compliance services for regulated intermediaries including broker-dealers, ATSs, funding portals, and banks.
For the private capital markets industry, this development signals continued momentum toward standardization and technological enhancement. The involvement of Weild & Co., with its focus on expanding capital access and strengthening market functioning, could accelerate infrastructure development that benefits all market participants. The $40 million Series B offering represents significant investment in creating more efficient, transparent, and accessible private markets.
The news release included standard cautionary statements noting that no regulatory authority has approved or disapproved the information, and it contains forward-looking statements under securities laws. The company undertakes no obligation to update statements based on future events.
