CHICAGO, July 30, 2024 (GLOBE NEWSWIRE) -- FranShares, the platform for franchise investing, today announced $4.1M in seed funding led by Chicago Ventures. The oversubscribed round brings FranShares' total capital raised to $5.76M. FranShares is riding high as investors buffeted by economic uncertainty and fears of recession seek investment alternatives backed by real assets. FranShares makes investing in franchises as easy as investing in stocks and mutual funds. With FranShares, individual and institutional investors alike can access streams of passive income with low minimums and annual fees. Savvy investors have long favored franchises for their potential to outpace inflation and hedge against recession over the long term. During downturns, consumers continue to spend on essentials like food, waste disposal, haircuts and other goods and services offered by franchises. Franchises make $787.7B annual revenue in the United States and represent 3% of GDP. With around 775,000 establishments operating nationwide, franchisees are responsible for 8.2 million jobs across 4,300+ brands and over 100 industries. Until recently, one of the only ways to invest in a franchise was to purchase one yourself. But ...