How does crowdfunding work?
Startups looking to raise money through crowdfunding may run a funding campaign on Fundify after creating a profile, and once approved, submitting a Form C to the SEC. The Startup specifies the funding campaign timing (within SEC guidelines), the target amount to be raised and the timeline to invest.
Potential Investors can review company information on the fundraising platform, ask questions on Startup Discussion Boards (once you’ve registered on the platform), read comments from others (including industry Experts on Fundify) and conduct their own due diligence. The platform also provides information about the risk of Startup investing.
Individuals can click the “Invest Now” button to invest in a Startup within their funding campaign page.
When a Startup’s funding campaign is preparing to end, Investors are notified by email of their investment commitment and other information about the funds raised.
After the funding campaign closes, the Startup communicates with Investors at least annually. View open campaigns.