Funding portals are website platforms that allow companies to raise capital through equity crowdfunding offerings via the JOBS act crowdfunding regulations passed in 2012. These crowdfunding platforms must register as funding portals with the SEC and FINRA; today, there are over 50 FINRA-approved crowdfunding portals. EquityTrack through its parent, Colonial Stock Transfer, provides various services to funding portals and is one of the leading crowdfunding transfer agents in the market today.