Do I have to be an "accredited Investor"?
No, you do not have to be an accredited Investor to invest on Fundify.
An accredited Investor is someone with a net worth of $1 million or more (excluding primary residence) who has earned $200,000 or more for the last two years with a reasonable expectation for that income level to continue. Other criteria includes asset size, governance status or professional experience as defined by the SEC.
Early stage investments in private Startups were once only available to accredited investors , venture capitalists (VCs), private equity firms and banks, leaving the vast majority of us to wait for an IPO or – more often than not – miss out completely. But the early stage investment market has begun opening to the public thanks to the U.S. JOBS Act Title III, which allows these investments to be made through a registered crowdfunding intermediary (also known as Reg CF).[1]
Fundify’s innovative funding portal is an authorized crowdfunding intermediary that’s registered with the U.S. Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA). We simplify Startup funding for Founders and Startup investing for individuals.
[1] Section 304(b) of the JOBS Act and Exchange Act Section 3(a)(80)
