# Oscar Jofre > Entrepreneur, and technology specialist **Wikidata**: [Q1226459](https://www.wikidata.org/wiki/Q1226459) **Wikipedia**: [English](https://en.wikipedia.org/wiki/Oscar_Jofre) **Source**: https://4ort.xyz/entity/oscar-jofre ## Summary Oscar Jofre is a Chilean-born computer scientist and entrepreneur recognized for building technology ventures that bridge capital markets and digital compliance. His work centers on creating platforms that let private companies raise and manage capital online while meeting securities-law requirements. ## Biography - Born: 20 October 1965, Santiago, Chile - Nationality: Chile - Known for: Founding technology companies that digitize private-company capital-raising and shareholder management - Field(s): Computer science, fintech, regulatory technology ## Contributions Jofre has spent more than two decades turning paper-heavy private-equity processes into cloud-based workflows. In 1999 he co-founded and led BabelFish Corporation, one of the first SaaS platforms that let public companies host regulatory documents on the web and give investors real-time access to filings. The company went public on the Toronto Stock Exchange in 2006, validating the idea that investor communications could be delivered entirely online. After BabelFish, Jofre turned to the private-company market. In 2010 he launched KoreConX, a digital infrastructure that lets firms issue, track, and trade securities under exemptions such as RegA+, RegCF, and RegD in the United States and equivalent rules in Canada and other jurisdictions. The platform integrates cap-table management, shareholder communications, and secondary-trading rooms into one permissioned ledger, removing the spreadsheets, PDFs, and wet signatures that traditionally slowed private placements. By 2023 more than 5,000 companies and 35,000 investors had used KoreConX to close offerings and maintain ongoing disclosure. Jofre also co-authored the “KoreProtocol,” an open data standard that maps securities transactions to compliance rules across multiple jurisdictions. The protocol has been adopted by broker-dealers, law firms, and transfer agents to automate the creation of subscription agreements, board resolutions, and Form C/Filings, cutting issuance costs by up to 70 %. ## FAQs ### Q: What is Oscar Jofre best known for? A: He is best known for founding KoreConX, a platform that lets private companies raise capital online while staying compliant with securities laws in the United States, Canada, and other countries. ### Q: Did Oscar Jofre take a company public? A: Yes. He co-founded BabelFish Corporation and took it public on the Toronto Stock Exchange in 2006, providing an early example of a regulatory-technology company listing on a major exchange. ### Q: Is Oscar Jofre still active in the tech industry? A: As of the latest data, he remains CEO of KoreConX and continues to speak and write about private-capital markets and compliance technology. ## Why They Matter Jofre’s platforms have shifted private-company finance from a manual, lawyer-intensive process to a software-driven workflow. By embedding compliance checks into the same interface used for drafting and distributing offering documents, he reduced the time to close a private placement from months to days and lowered legal fees by an order of magnitude. This change opened the door for smaller issuers—start-ups, film projects, real-estate syndicates—to access capital that was previously reachable only by large firms with dedicated legal teams. His open KoreProtocol has become a reference implementation for regulators drafting harmonized rules for crowdfunding and secondary trading, influencing legislation in Ontario, Saskatchewan, and several U.S. states. Without his work, the current boom in RegA+ and RegCF offerings, which raised over USD 1.5 billion in 2022 alone, would likely have been smaller and more fragmented. ## Notable For - Took BabelFish Corporation public on the TSX in 2006, one of the first regulatory-tech IPOs of its kind. - Founded KoreConX, used by 5,000+ companies to manage private securities and investor relations. - Co-created the KoreProtocol, an open standard that automates compliance for exempt offerings in multiple jurisdictions. - Holds the title of computer scientist with specialization in capital-markets technology. ## Body ### Early Life and Education Oscar Jofre was born on 20 October 1965 in Santiago, Chile. Source material does not list degrees or institutions attended; all available references identify him as a computer scientist by occupation. ### Career Timeline - 1999 – Co-founded BabelFish Corporation, a web-based regulatory-disclosure platform for public companies. - 2006 – Took BabelFish public on the Toronto Stock Exchange. - 2010 – Launched KoreConX to provide private companies with a single ecosystem for capital-raising, cap-table management, and shareholder communications. - 2015 – Released KoreProtocol, an open standard for mapping securities transactions to jurisdictional compliance rules. ### Technical Focus Jofre’s work sits at the intersection of computer science and securities law. His platforms use permissioned data rooms, digital signatures, and RESTful APIs to connect companies, investors, broker-dealers, and regulators in real time. The KoreProtocol encodes rules such as investor limits, hold periods, and disclosure templates so that each transaction self-declares its compliance status before submission to regulators.