Rentberry offering is now closed and is no longer accepting investments.
INVEST IN RENTBERRY TODAY!
The first global home rental platform with full automation!
$11,800,561.02 Raised
Reasons to Invest
- Huge Market Potential. In the US alone, people spend $694B on rent annually, with 44M properties rented in 2021 — and that number is only projected to grow in the future.
- Solid Traction. The company has surpassed 1M+ monthly active users and 5M+ listings worldwide.
- Global Coverage. Rentberry is present in over 50 countries worldwide and has secured more than 50 partnerships with acclaimed companies from the rental sector, such as Realtor.com, OnTheMarket and Domain Group.
- High-Profile Investors. The company has already raised over $21M+ from the top VC funds and recognized angel investors from Google, McKinsey & Company, CBRE, and Harvard Business School Alumni Angels.
- Remarkable Performance. Over 6,000 people have entrusted Rentberry with their funds so far on StartEngine, collectively raising $11M as of September 2022.
- Equity Bonus. An equity bonus is available to all investors and depends on the investment amount. For example, by contributing $10,000 investors can receive up to 30% in bonus shares.
- Exclusive Perks. Investors can receive multiple perks, such as up to 30% rent discount, free-for-life tenant applications, landlord/tenant memberships and unlimited property promotions.
Offering Circular | One-pager | Pitch Deck | Investor's Info
Selected Risks Related to this Offering | Rentberry's SEC EDGAR Page | Most Recent Supplement
For more information on Rentberry Inc. download and review the Offering Circular. The Offering Circular should be reviewed before making an investment decision.
We've already raised $21M+
Rentberry already successfully raised more than $21M in previous rounds from Zing Capital, 808 Ventures, Beechwood Ventures, and high profile angel investors from Google, McKinsey & Company, CBRE, Harvard Business School Alumni Angels and others. Big names trust us!
Investor Testimonials 
Steve Burton
Managing Partner
Beechwood Ventures
Trevor Bond
Board Member and Co-chair
Harvard Business School Alumni Angels
Gary Macbeth
Managing Partner
808 Ventures
Our Prominent Investors
Overview
Fully Digital Rental Experience
Despite so many other industries having been successfully disrupted in recent years (retail, social media, transportation), the home rental space lacks comparable innovation. The process of long-term rentals still results in frustration and lost time for both the homeowners and tenants. There has not yet been a technological disruption significant enough to usher in a new – and better – way to rent.
Here at Rentberry, we aim to change that!
Media Coverage
Renting Done Right. Finally.
Rentberry is the first global home rental platform that makes the long-term rental process transparent and safe - offering a contactless rental experience, and helping properties realize their true market price.
Our patented technology allows tenants to submit custom offers and potentially save $87 billion on move-in costs that are currently blocked as rental security deposits.
The Problem
The Home Rental Market Needs Innovation
Most listings still come in the form of simple, online classified ads - providing limited rental experience, and essentially no value in terms of the application process or day-to-day rental management.
Additionally, tenants freeze billions of dollars on rental deposits every time they rent. There is no internationally recognized insurance or savings that could be applied to the quality tenants.
The Solution
Renting Done Right. Finally!
Rentberry streamlines the entire long-term rental process, eliminating the need for a middleman, such as agents and brokers. The platform offers landlords and tenants a contact-free, transparent and automated means of renting properties. And most importantly, Rentberry helps unfreeze millions of dollars tied up rental security deposits.
The Market
Renting is the New Buying
Home renting has become an economic and lifestyle choice for 41% of Americans, 56% of the Swiss, and 40% of Germans, to name just a few countries. Currently, there are over 641 million rental units worldwide and around 2.3 billion people living in long-term rentals.
The market is massive, and only getting bigger!
Our Traction
Solid Traction
We are proud of the fact that so many prominent individuals from the real estate, legal, and finance sectors shared our vision of the future of the home rental industry - entrusting Rentberry with more than $21M, which is now fueling our growth.
In 2021 alone, we reached:
8M users
24M properties
137K locations
Partnerships With:
What We Do
Rentberry Umbrella
Rentberry developed technology that disrupts the residential and senior housing rental markets.
Rentberry platform, the company's main product, is a home rental solution designed to make the rental process less costly, more convenient, and secure.
Happy Seniors platform, which is 100% owned by the company, designed to help making the lives of millions of senior people more social and engaging, as well as keep them connected to their loved ones
Flexible Living concept - designed to allow Millennials to work and travel from various locations.
The Vision
The Future is Here - Flexible Living
Rentberry will establish a new trend that will allow people to live and work from home at various locations in what we believe will be a much cost-efficient way than renting Airbnb/hotel and without entering into the long term contracts and freezing thousands in security deposits. This new trend will be called “Flexible Living”.
There are 82M millennials in the US alone, and 1.8B Worldwide - they are the biggest generation in US history.
COVID-19 will have a lasting impact on the work environment - allowing a large number of millennials to work from home, and giving them the freedom to travel and work from various locations.
The Company plans to acquire properties throughout the United States, Europe, and Asia and onboard homeowners to serve the mid-term rental space. The properties will have digital locks, will be managed without agents and brokers, and will be exclusively rented via Rentberry platform.
The Business Model
Freemium Revenue Model
$7 billion yearly market opportunity in the US alone.
Additional revenue includes: enterprise clients, sale of insurance products and leads to moving companies, as well as, revenue from the Flexible Living business model and Happy Seniors platform.
awards
Recognized by the industry and Y Combinator
Rentberry already won numerous awards for the novel technology and best user experience. We also were invited to Y Combinator for an interview!
Why Invest
You Can Trust Us!
Rentberry has a solid track record that goes beyond a vision and a roadmap. Our established product has already proven to be a successful business with 8M users in 2021 and more than 11M processed properties.
We're relevant in the current climate.
Rentberry is the only platform that offers full automation and enables to rent safely during COVID-19 times with contactless services, which are being preferred by tenants and landlords around the globe.
We own our technology.
We've patented our technology and filed 46 trademarks to secure our intellectual property and stay ahead of the competition.
AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. IT DOES NOT MEAN THAT THE SEC HAS APPROVED, PASSED UPON THE MERITS OR PASSED UPON THE ACCURACY OR COMPLETENESS OF THE INFORMATION IN THE OFFERING STATEMENT.
THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT CAN BE FOUND HERE.
THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD-LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.
WHILE THE COMPANY HAS SIGNED A QUOTATION AGREEMENT TO TRADE THE SECURITIES OFFERED ON STARTENGINE SECONDARY’S NEW ALTERNATIVE TRADING SYSTEM (THE “ATS”), A COMPANY WHICH INTENDS TO BE QUOTED ON THE MARKETPLACE WILL BE SUBJECT TO CERTAIN REQUIREMENTS WHICH THE COMPANY MAY OR MAY NOT BE ABLE TO SATISFY IN A TIMELY MANNER. EVEN IF A COMPANY IS QUALIFIED TO QUOTE ITS SECURITIES ON THE MARKET, THERE IS NO GUARANTEE AN ACTIVE TRADING MARKET FOR THE SECURITIES WILL EVER DEVELOP, OR IF DEVELOPED, BE MAINTAINED. YOU SHOULD ASSUME THAT YOU MAY NOT BE ABLE TO LIQUIDATE YOUR INVESTMENT FOR SOME TIME OR BE ABLE TO PLEDGE THESE SHARES AS COLLATERAL.
The 10% Bonus for StartEngine Shareholders
Phormed Inc will offer 10% additional bonus shares for all investments that are committed by StartEngine Crowdfunding Inc. shareholders who invested over $1,000 or made at least two investments in StartEngine's own offerings.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $1.00 / share, you will receive 110 Common Stock shares, meaning you'll own 110 shares for $100. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
ABOUT
HEADQUARTERS
201 Spear Street, Suite 1100
San Francisco, CA 94105
WEBSITE
View Site
Rentberry is a fully operational long-term rental platform that leverages technology to ensure a seamless rental experience - offering tenants the ability to save millions in rental deposits.
TEAM
Oleksiy Lubinsky
CEO
Denis Golubovskiy
CTO
Aleksandr Kotovskov
Head of Design
Alex Humeniuk
CMO
Lily Ostapchuk
CPO
TERMS
Rentberry
Overview
PRICE PER SHARE
$0.87
DEADLINE
Nov 5, 2022
VALUATION
$25.04M
AMOUNT RAISED
$11,800,561.02
Breakdown
MIN INVESTMENT
$300.15
MAX INVESTMENT
$12,419,999.94
MIN NUMBER OF SHARES OFFERED
11,494
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Common Stock
MAX NUMBER OF SHARES OFFERED
14,275,862
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | Rentberry Inc. |
Corporate Address | : | 201 Spear Street, Suite 1100, San Francisco, CA 94105 |
Offering Minimum | : | |
Offering Maximum | : | $12,419,999.94 |
Minimum Investment Amount(per investor) | : | $300.15 |
Terms
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 11,494 |
Maximum Number of Shares Offered | : | 14,275,862 |
Price per Share | : | $0.87 |
Pre-Money Valuation | : | $25,038,177.18 |
Maximum Number of Shares Offered subject to adjustment for bonus shares
The Company plans to offer perks to investors in the form of access to Rentberry platform services, including the free use of Rentberry rental properties once Rentberry acquires and begins managing them.
●Invest between $500 -- $999:
●Free for life: tenant applications.
●10% discount on rentals owned and exclusively managed by Rentberry.
●Invest between $1,000 -- $4,999:
●Free for life: tenant applications and landlord/tenant membership.
●20% discount on rentals owned and exclusively managed by Rentberry.
●Invest between $5,000 -- $9,999:
●Free for life: tenant applications, landlord/tenant membership, and unlimited properties promotion.
●25% discount on rentals owned and exclusively managed by Rentberry.
●Invest between $10,000 or more:
●Free for life: tenant applications, landlord/tenant membership, and unlimited properties promotion.
●Zoom Call with the CEO of Rentberry.
●30% discount on rentals owned and exclusively managed by Rentberry.
Investors are also eligible to receive Bonus Shares based on the amount of their investment based on the following tiers:
●5% for investor who invest $500 -- $999
●10% for investor who invest $1,000 -- $4,999
●15% for investor who invest $5,000 -- $9,999
●20% for investor who invest $10,000 or more
Irregular Use of Proceeds
The Company will not incur any irregular use of proceeds.
ALL UPDATES
11.08.22
Rentberry Reg A+ Raises $12M+ on StartEngine, due to being oversubscribed we will launch additional bridge round this week!
Thank you for your support and belief in our ability to change the world! Thanks to investors like you, Rentberry has successfully raised $25M+ in funds to date, with $12M+ raised on StartEngine, making it one of the largest raises behind StartEngine's OWN!
Due to the increasing demand to join us and disrupt the home rental industry, we will be launching a bridge round via Reg CF this week. It is designed to accommodate all the waitlisted investors - it will be short in duration and limited in the amount raised.
Together, we will reshape the future of the real estate industry! And, remember, you're part of this change, as well ❤️
PS: Please disregard emails about cancellation as they related to the Reg CF that was accidentally launched with the incorrect terms. Those emails do not relate to the successful Reg A round that we just closed! There is no action that needs to be taken on your part regarding recently closed Reg A capital raise.
This Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please read Rentberry offering circular.
In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date in its sole discretion.
11.05.22
Rentberry’s Campaign Closes in 6 Hours! $25M successfully raised to date! Hurry!
It’s the last call for anyone who wants to invest in Rentberry or is thinking about upping their initial investment!
Only six hours left before our fundraising campaign ends tonight.
Purchase your shares now!
P.S. Rentberry has now raised $25M in funds to date! Wow! ❤️❤️❤️
This Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please read Rentberry offering circular.
In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date in its sole discretion.
11.04.22
Last Day to Invest in Rentberry — Buy Shares Before Midnight PST
Today is THE day! You can still join over 7,500+ investors before the campaign closes at midnight PST.
Many companies in the rental market act only as 'classifieds' - old pics, limited description and zero automation. They are far behind realities of the 21st century. Think......Craigslist!
That’s where Rentberry comes in! We unify the entire rental process in one user-friendly platform. Scheduling tours, submitting applications, paying rent, and sending maintenance requests — these are just some of the features that Rentberry offers.
We believe that home renting should be done in a transparent and efficient way. We already have more than 1M+ monthly active users and it proves that we are moving in the right direction!
Ready to help us disrupt the real estate industry?
The offering closes today, so purchase your shares now!
This Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please read Rentberry offering circular.
In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date in its sole discretion.
11.04.22
Offering Closes in 12 Hours! $25M raised to date!
Today is the last day you can join Rentberry’s Reg A+ campaign. Below are just some of the reason of why you should invest in Rentberry today, if you haven’t done it yet.
— Raised $25M+ in funds to date with $12M+ raised on StartEngine. Wow!
— Achieved 1M+ monthly active users; on track to hit 2M MAU this year. Unbelievable!
— Secured top VC funds and prominent angels. Total of 7,500+ investors. Crazy!
— Attracted 9M+ properties to the platform. Incredible!
— Executed 60+ partnerships. Many are multi-billion corporations, such as Expedia Group. Solid!
— Accomplished global coverage. Operational in 70+ countries. Stunning!
Lock investment terms before the campaign ends today. Only 12 hours left!
This Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please read Rentberry offering circular.
In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date in its sole discretion.
11.03.22
Rentberry + Happy Seniors = Future of Housing!
We have three products under Rentberry’s umbrella: Rentberry itself, Flexible Living, and Happy Seniors. Today, we would like to tell you more about the Happy Seniors platform and the technology behind it.
There are almost 80M baby boomers in the US and 220 bln spend yearly on long-term care. We have noticed that the senior care industry lacks innovation and decided to bring our expertise and technology into this field.
Happy Seniors combines two main aspects:
1) Ability to search, analyze and apply for senior home facilities (no need to travel thousands of miles or spend hours on the phone just to get basic information about senior homes).
2) Family members and friends will be able to freely communicate with their loved ones (share memorable pictures, easily order gifts and know their weekly schedule of events and activities).
Happy Seniors is created to bring long-needed disruption to the senior care industry!
Eager to support our projects? Make sure to invest in Rentberry this week before the offering closes on Friday, November 4!
This Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please read Rentberry offering circular.
In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date in its sole discretion.
11.03.22
Offering Closes in 24 Hours! $25M raised to date!
Are you still thinking about becoming an investor in Rentberry? Or maybe you already have and are considering increasing your initial investment? We’re here to remind you that there’s not much time left for hesitation — you’ve got only 1 day to invest!
Rentberry has immense market potential. In the US alone, 44 million properties are occupied by tenants who spend $694 billion on rent annually. With the current situation in the real estate market, the number of renters is only expected to grow for the foreseeable future.
Become a shareholder today, the investment round closes in 24 hours!
This Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please read Rentberry offering circular.
In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date in its sole discretion.
11.02.22
3 Days Left to Invest! Prominent Investors Supported Rentberry Already!
Rentberry has raised $25M+ in funds to date, and the offering closes this Friday, November 4th.
This all was possible thanks to more than 7,500 people. We are proud to see that our vision was shared by various types of investors, from top tier venture capital firms to high-profile angel investors.
You’ll be in a good company investing in Rentberry! We’ve been supported by some well-known VC names — Zing Capital, Beechwood Ventures, 808 Ventures, and angel investors from Google, Amazon, McKinsey & Company, Ten-X, and CBRE, just to name a few.
Want to get on-board and receive equity at the current terms?
Don’t wait too long; the offering is closing in 3 days!
This Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please read Rentberry offering circular.
In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date in its sole discretion.
11.01.22
2M+ Monthly Active Users!
Today’s update is all about numbers, and we’ll present some recent data and statistics from the last month.
First, let us start with our most significant October achievement. Last month, we passed the 2 million monthly active users on Rentberry! :tada: As you know, growth is one of Rentberry’s major goals right now, and this number proves that we are on the right path!
Compared to the same period the previous year, the number of users grew by an impressive 119.6%. And the number of page views increased by a whopping 187.7%.
Our fantastic team puts a lot of work into each of Rentberry’s wins. However, we couldn’t pull them off without our advisors, partners, and, of course, our investors. Thanks to you, we can keep up this momentum and reach even greater heights!
And, a friendly reminder: if you are still deliberating on whether to invest, there are only a few days left to purchase equity!
This Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please read Rentberry offering circular.
In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date in its sole discretion.
11.01.22
Learn More About our Happy Seniors Project!
As you probably know, we have three projects under Rentberry’s umbrella: Rentberry itself, Flexible Living, and Happy Seniors. Today, we’d like to tell you more about the Happy Seniors platform and the idea behind it.
We’ve noticed that the senior care industry lacks innovation and decided to bring some ideas and experience we’ve gotten from working on Rentberry into this field.
Now, seniors and their loved ones don’t have to waste their valuable time driving to countless facilities and trying to find the best one. Another option would be to try and find senior housing on a dedicated website; however, all these websites are simple classifieds that only list certain features of the facilities and don’t bring any real value to their customers.
This is where Happy Seniors comes into play! We offer full automation for senior care homes and their clients. Now, you can easily sort through facilities that meet your requirements, apply, and sign all the necessary paperwork online. And you can always reach out to the senior housing staff from our app, whether you have a small question or some larger issue to settle.
Happy Seniors is created to bring long-needed tech solutions to the senior care industry! Eager to support our projects? Make sure to invest this week before the offering closes!
This Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please read Rentberry offering circular.
In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date in its sole discretion.
10.31.22
Invest in Rentberry Now — the Offering Closes This Week!
There are only a few days left until the end of our Reg A+ offering. Invest at the current terms and enjoy multiple benefits (depending on the investment amount):
- Up to 20% in bonus equity;
- Up to 30% discount on rent;
- Free memberships, tenant applications, and property promotions.
The offering closes this Friday!
This Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please read Rentberry offering circular.
In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date in its sole discretion.
REWARDS
$300
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$500
5% Bonus Shares 10% Rent Discount
Free for life: tenant applications.
$1,000
10% Bonus Shares 20% Rent Discount
Free for life: tenant applications and landlord/tenant membership.
$5,000
15% Bonus Shares 25% Rent Discount
Free for life: tenant applications, landlord/tenant membership, and unlimited properties promotion.
$10,000
20% Bonus Shares 30% Rent Discount
Free for life: tenant applications, landlord/tenant membership, and unlimited properties promotion. Zoom Call with the CEO.
JOIN THE DISCUSSION
0/2500
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
REWARDS
We want you to succeed and get the most out of your money by offering rewards and memberships!
SECURE
Your info is your info. We take pride in keeping it that way!
DIVERSE INVESTMENTS
Invest in over 200 start-ups and collectibles!
With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.
Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
