SkillSoniq offering is now closed and is no longer accepting investments.

AI-Powered Recruiting App

INVEST IN SKILLSONIQ TODAY!

SkillSoniq is an AI-Powered recruiting app that connects companies with skilled, local "contract to hire" freelancers. Companies try out freelancers and easily convert the best ones to their payroll, taking the guesswork out of recruiting and saving 60%+ in recruiting costs.
This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
SkillSoniq

REASONS TO INVEST

Reasons Icon

In Q2 of 2020, SkillSoniq closed its first round of seed funding from 240+ investors.

Reasons Icon

SkillSoniq generated $350k in gross revenue in New York alone during its first year (2019), and has since launched in four additional cities

Reasons Icon

The majority of hiring managers (72%) in the U.S. are continuing or increasing their use of freelancers, especially as a result of the pandemic

Rise above the ruckus of traditional job search and hiring methods

Rather than going through the long and expensive traditional recruitment process to determine whether a candidate can actually do the job they were hired for, companies using SkillSoniq are able to quickly assess candidates on a trial basis before deciding to hire them as a full-time employee on the payroll.

Launched in 2019 in New York, SkillSoniq made $350k in gross revenue and onboarded 6,000+ freelancers in our first year. In a world where one-third of U.S. employees have done freelance work in the past year and 72% of hiring managers are continuing or increasing their use of freelancers, we believe SkillSoniq is already making a splash. 

Source

The Problem


Hiring new talent is hit or miss, with a lot more misses than many companies can afford

Hiring the right candidate for a job can be time-consuming and expensive. To make matters worse, even after spending considerable time and money to select the right person for the job, companies may soon find out that the person they hired isn’t as qualified or hardworking as they seemed to be during the interview process.

*1: Source 

The Solution


A way to definitively determine if a potential hire has what it takes to do the job

We believe that interviews are not the best use of time for companies and job-seekers, so we are replacing time spent on interviews with time spent actually working with a potential hire. SkillSoniq lets companies take new employees for a test drive on a freelance basis, without all the hoops of hiring expensive recruiting agencies, sifting through resumes on a job portal, or taking a gamble on unvetted and potentially unskilled talent on freelance websites.

Once a company is satisfied that their freelancer has demonstrated they’re a match for the position, our web app allows them to easily convert the freelancer to a full-time employee on their payroll, at a nominal fee.

The Market


The U.S. workforce is shifting more and more toward freelancing—especially in the wake of the pandemic

In 2018, there were roughly 5.6 million “skilled” freelancers across tech, creative, and professional job types. Collectively, these workers generated an estimated $135 billion within the freelance industry.

Source, Source

Source 1Source 2

*Data above is based on public resources and internal trends in 2019 - 2020

According to this report, we averaged the growth rate of the fastest-growing countries in South America (Brazil), Asia (Pakistan), and Europe (UK) to estimate 50% growth. (Source 1Source 2)

Now, during the COVID-19 pandemic, more than one-third of U.S. workers freelance, and 58% of non-freelancers who are new to remote work due to the pandemic are considering freelancing in the future. At the same time, 72% of hiring managers are continuing or increasing their use of independent professionals.

Sources: 1*, 2*, 3*, 4*, 5*

Our Traction


Generating revenue and increasing investments as our platform continues to expand

SkillSoniq launched in New York in 2019, a year in which we generated more than $350k in gross revenue and onboarded 6,000+ freelancers to our platform. In Q1 2020, we had gross revenue of just over $117K.

We cater to small businesses, many of whom went on a hiring freeze due to COVID. We expect demand to pick up in 2021.

In Q2 of 2020, we closed our first round of seed funding (100% over-subscribed) from 240+ investors.

Since New York, we have launched in four more cities across the U.S. and Canada, and we currently have 12,000+ freelancers and 300+ companies on our platform.

What We Do


Patent-pending, AI-powered technology that takes recruiting guesswork out of the picture

A company posts its open position on our app. Our patent-pending AI-powered matching technology does the work of finding an optimal candidate among our vetted network of freelancers. In as little as a couple of days after the original post, the candidate starts work on a trial basis.


If it’s a great fit, the company has the option to extend the trial or “buy out” the freelancer, making them a full-time employee on the payroll. If it’s a flop, the company, and the freelancer part ways, and the company hasn’t spent a cent on what would have been a failed hire on the payroll through traditional recruiting channels.


Throughout this cycle, our AI collects data to further hone its candidate curating power.

The Business Model


SkillSoniq makes money from both the freelancer and the company doing the hiring

“Take Rate”: Freelancers pay a 10% commission on every dollar paid by the company to the freelancer.

“Buyout Fee”: Companies pay a nominal fee when they decide to convert a freelancer to their payroll — Longer a company has worked with a freelancer on trial, the smaller this fee gets.

How We Are Different


Working to bypass the issues presented by traditional recruitment channels

Job portals create a hiring process that can take months as managers sift through hundreds of resumes and applicants apply to dozens of jobs without ever hearing back.

Staffing agencies charge a premium for their manual, human-driven services.

Freelance websites often provide low-quality employees that would never make the cut for a full-time hire.

SkillSoniq is powered by an AI system that continually collects data and allows us to efficiently connect the right candidate to the right job—meaning a lower cost and less time spent.

*The above information is based on internal research and management's experience

The Vision


SkillSoniq aims to eliminate the interview

We hope to disrupt the traditional recruiting process for good. Our ultimate vision is to make hiring as simple as speaking into Voice-Enabled Devices like Amazon Echo or an Apple Watch, where you would be able to start working with potential employees within seconds, without conducting any interviews.


In the SkillSoniq World, companies will automatically be assigned the best workers for the job through our app, and be given personalized recommendations on their next “individual or team” hire making it very easy for companies to scale teams.

*The information is for illustration purposes only, actual technology has not been developed.

In the next five years, we want to be present in every major freelance-heavy city and country across the world, aiming to become a leader in the category.

OUR LEADERSHIP


A team determined to find a solution for hiring woes

Our founder, Abby (Abhinav Verma), has spearheaded two successful entrepreneurial ventures in the past, and our Board of Advisors consists of high profile entrepreneurs, tech executives, venture capitalists, and an author of best-selling business books. 


Collectively, our team has 40+ years of experience in sales, marketing, finance, and tech and is true problem solvers. We are driven to succeed because we have all felt the pain of hiring via traditional recruiting methods or the pain of finding a job. 

Why Invest


Ever wondered if there’s a way out of traditional recruitment channels to do your hiring?

If so, it’s time to invest in a recruiting app which has taken the age old concept of “Temp to Perm” and added multiple layers of technology to it to transform the way companies hire talent. We believe this is needed now, more than ever, as companies invest in growth while staying lean, especially as they recover from the wake of the pandemic. We have already begun to see favorable metrics on our platform as companies see the value of hiring on SkillSoniq: 

In 2021, we believe many companies will begin to scale up their hiring processes, which could provide huge tailwinds to our business. Internally within SkillSoniq, we are at an inflection point with proven sales channels, attractive unit economics, happy customers, rapid release of new product features, and a great deal of learning. With momentum building around freelancing and remote work, we believe that funds raised in this round will help us further capitalize on extremely favorable market trends we’ve seen.

Thanks for reading our story! We hope that you will invest in us to help us change recruiting for good and become a leading talent marketplace globally.

Quick Insert

ABOUT

HEADQUARTERS
20 River Court, Suite 2004
Jersey City, NJ 07310
VALUATION
$10.25M
PREVIOUSLY CROWDFUNDED
$100k

SkillSoniq is an AI-Powered recruiting app that connects companies with skilled, local "contract to hire" freelancers. Companies try out freelancers and easily convert the best ones to their payroll, taking the guesswork out of recruiting and saving 60%+ in recruiting costs.

TEAM

Abby Verma
Abby Verma
Partnerships Lead

Abby leads from the front, is an eternal optimist and a born entrepreneur. SkillSoniq is his third company - His first being a painting business when he was just 19. As a 19yr old immigrant in the US, Abby discovered his true love for hustle and entrepreneurship while managing a painting business in Detroit and studying full-time at the University of Michigan. Abby brings to the team a well-rounded professional experience as a 3x entrepreneur, Investment Banker and Tech Consultant. He loves a good fight, and never gives up. He believes that the traditional recruitment space is ripe for disruption and is all in. He currently helps develop partnerships @ SkillSoniq.

Bogdan Zadorozhny

Bogdan Zadorozhny

Senior Sales Marketing Executive (Contractor)

Bogdan was hired on SkillSoniq within 2 days! He joined SkillSoniq as a Sales and Digital Marketing Expert, has helped several companies get to the first page on Google for relevant keywords and has 8+ years of experience doing just this! Bogdan is obsessed with how Google Search results work, with content writing, and with figuring out effective PPC Campaigns. Bogdan works up to 10 hours a week as a contractor with SkillSoniq

Rob Romano

Rob Romano

Full Stack Developer and Data Scientist (Contractor)

Rob pivoted into the world of tech a few years ago when he graduated from one of the top coding bootcamps in the world. He works with SkillSoniq as a Developer and Data Scientist, shipping product features quickly, setting up data pipelines and putting tech and data science processes in place to help scale our product. Rob has been an extremely quick learner from his “boot camp” days and this trait makes him a big asset for SkillSoniq. Rob works as a full-time contractor with SkillSoniq working 40 hours a week.

Brian Duggan

Brian Duggan

Full Stack Developer (Contractor)

Brian joined SkillSoniq early on as a Senior full stack developer and has been instrumental in creating all things tech at the company. Brian graduated from well known tech boot camps like General Assembly and Flatiron School and is an absolute genius when it comes to understanding user requirements and translating them into product features. Brian works as a part-time contractor with SkillSoniq working 10 hours a week

Chaitanya Agrawal

Chaitanya Agrawal

Independent Director

Experienced Civil and Tech Engineer skilled in executing multi-million dollar client projects. Independent director on the Board of SkillSoniq and an avid angel investor.

Parul Chaudhary

Parul Chaudhary

Independent Director

Parul comes with several years of experience across Tech, Finance and Accounting. She is an angel investor and an independent director on the board of SkillSoniq.  

Rishi Kapal

Rishi Kapal

Advisor

Rishi is a seasoned tech executive, startup mentor, global growth strategist and ex-CEO of a leading Startup Accelerator. He is a Stanford LEAD Alumnus, Author of several best selling books and has extensive experience in scaling early revenue companies in global markets. 

Don Burton

Don Burton

Advisor

Don is a venture capitalist and entrepreneur at the cutting edge of innovation and technology. He is experienced at scaling and exiting companies. Don previously worked with Goldman Sachs and McKinsey, and is a Harvard Business School graduate. 

Curt Olson

Curt Olson

Advisor

Curt is a forward-thinking, innovative, results-driven senior tech executive, who is currently the president of Decisely (tech firm). Curt has been the CEO of Multi-Billion Dollar Companies, such as AIG Benefit Solutions and ING.

TERMS

SkillSoniq
Overview
PRICE PER SHARE
$0.82
DEADLINE
Sep 14, 2021
VALUATION
$10.25M
AMOUNT RAISED
$134,152.15
Breakdown
MIN INVESTMENT
$250.92
MAX INVESTMENT
$107,000.00
MIN NUMBER OF SHARES OFFERED
12,195
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Common Stock
MAX NUMBER OF SHARES OFFERED
652,439

Maximum Number of Shares Offered subject to adjustment for bonus shares


Company

:

SkillSoniq, Inc.

Corporate Address

:

20 River Court, Suite 2004, Jersey City, NJ 07310

Offering Minimum

:

$9,999.90

Offering Maximum

:

$534,999.98

Minimum Investment Amount

(per investor)

:

$250.92











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

12,195

Maximum Number of Shares Offered

:

652,439

Price per Share

:

$0.82

Pre-Money Valuation

:

$10,250,000.00











COVID Relief

This offering is being conducted on an expedited basis due to circumstances relating to COVID-19 and pursuant to the SEC’s temporary regulatory COVID-19 relief set out in Regulation Crowdfunding §227.201(z).

Expedited closing sooner than 21 days

In reliance on Regulation Crowdfunding §227.303(g)(2) A funding portal that is an intermediary in a transaction involving the offer or sale of securities initiated between May 4, 2020, and February 28, 2021, in reliance on section 4(a)(6) of the Securities Act (15 U.S.C. 77d(a)(6)) by an issuer that is conducting an offering on an expedited basis due to circumstances relating to COVID-19 shall not be required to comply with the requirement in paragraph (e)(3)(i) of this section that a funding portal shall not direct transmission of funds earlier than 21 days after the date on which the intermediary makes publicly available on its platform the information required to be provided by the issuer under §§227.201 and 227.203(a).

Voting Rights of Securities Sold in this Offering

Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.

 

*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Company Perks*

Time-Based

Friends and Family Early Birds

Invest within the first two weeks and receive additional 30% bonus shares.

Super Early Bird Bonus

Invest within the first four weeks and receive additional 25% bonus shares.

Early Bird Bonus

Invest within the first six weeks and receive an additional 15% bonus shares.

Amount-Based

$500 | 1st Tier

5% Bonus Shares + $50 invoice credit if you sign up as a corporate customer of SkillSoniq.

$1,000 | 2nd Tier

10% Bonus Shares + $100 invoice credit if you sign up as a corporate customer of SkillSoniq + “SkillSoniq Investor” Hat.

$2,500 | 3rd Tier

15% Bonus Shares + $200 invoice credit if you sign up as a corporate customer of SkillSoniq + “SkillSoniq Investor” Hat.

$5,000 | 4th Tier

20% Bonus Shares + $300 invoice credit if you sign up as a corporate customer of SkillSoniq + “SkillSoniq Investor” Hat + “SkillSoniq Investor” Hoodie.

$10,000 | 5th Tier

25% Bonus Shares + $400 invoice credit if you sign up as a corporate customer of SkillSoniq + “SkillSoniq Investor” Hat + “SkillSoniq Investor” Hoodie + Exclusive 30 min Zoom call with Founder.

$20,000 | 6th Tier

30% Bonus Shares + $500 invoice credit if you sign up as a corporate customer of SkillSoniq + “SkillSoniq Investor” Hat + “SkillSoniq Investor” Hoodie + Exclusive 30 min Zoom call with Founder + Early Access to Key Product Features.

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

SkillSoniq, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

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 $0.82 / share, you will receive and own 110 shares for $82. 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 canceled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments. Salary payments made to one’s self, a friend or relative. Any expense labeled “Administrative Expenses” not strictly for administrative purposes. Any expense labeled “Travel and Entertainment”.

PRESS

Article Image
Bizz Buzz

SkillSoniq, a USA-based startup, is mulling its foray into India in the near future

Article Image
Financial Express

Linking freelancers to jobs: Need AI-powered digital platforms to boost freelancing

Article Image
Founders Live

Founders Live Conversations with Justin Hauge and Abby Verma of SkillSoniq

Article Image
Top Wire News

SkillSoniq: Disrupting Traditional Recruitment With AI Driven Talent Marketplace App

Article Image
The Daily Press

SkillSoniq Raises Seed Funding To Disrupt The Way Companies Hire Talent










ALL UPDATES

06.06.22

Check out our Annual Reports!

Hi friends,

We have updated our Investor Relations page to add our latest Annual Report from 2021. You can click the below link to view our filings:

https://skillsoniq.com/investors


Cheers!

Team SkillSoniq



06.06.22

SkillSoniq launches in India!

Dear Friends,

We are excited to announce that SkillSoniq has launched in India, which we see as a $10Bn market opportunity. The Indian market is ripe for disruption as its young demographic (>50% of the Indian labor force being under 25 years of age) has taken to digital recruiting platforms in a big way and are more open to freelance opportunities. As a major part of our growth strategy, we are partnering with leading online training companies and universities in India to help connect their graduates with local and global job opportunities on our platform.


   

On the demand side, India has seen a massive growth in the number of startup unicorns in the recent past, with recruiting being the highest priority for young startups. We plan to work closely with founders to become a leading recruiting platform for young companies in India.

We, at SkillSoniq, strongly believe that this is a great time to redefine the future of work in India and across the world, with talent no longer constrained by location, and with the leveraging power going back to the jobseekers (traditionally, this power lay in the hands of companies). Skilled Jobseekers have become more flexible, have a lot more choice in terms of jobs, and have become more choosy in terms of who they want to work with. SkillSoniq is helping them get connected with projects and ultimately find a job they love. 

We are excited to have you alongside us in this journey, and will share regular updates on StartEngine!

Cheers!

Team SkillSoniq

09.14.21

ABSOLUTE FINAL CALL - Just 1 hour left to invest in SkillSoniq!

Hey Friends! This is the absolute FINAL CALL for those interested in investing in SkillSoniq on StartEngine! We have over 245 investors from this round, and are looking to get more investors! If interested in re-defining the future of work through SkillSoniq, check out our campaign page on StartEngine and invest a minimum of just $250, while earning great investor perks!

Click here to invest in us! This is the last chance to invest in us.

 



09.14.21

Final Call - Just 2 hours left to invest in SkillSoniq!

Hey Friends! We are nearing the end of a successful fund raise on StartEngine! This is the final call for those who want to invest in the Freelance Revolution through SkillSoniq, or want to increase their investment! We have over 245 investors from this round, and are looking to get more investors! 

Invest now to earn great perks, and your fair share in the Freelance Revolution! Click here to invest in us!

 

09.14.21

Just 5 hours left to invest in SkillSoniq!

Hey Friends! There are about 5 hours left to invest in the Freelance Revolution through SkillSoniq! We have over 230 investors from this round, and are looking to get more! We have shown great traction in terms of client demand on our platform, and are now raising funds to invest in meeting all of the demand for talent on our marketplace!

Invest now to earn great perks, and your fair share in the Freelance Revolution! Click here to invest in us! 


09.13.21

12 hours left to invest in SkillSoniq!

Hey Friends - There are only 12 hours left to invest in SkillSoniq! We are aspiring to change the future of work, which we believe is "Freelance". 

Click here to invest.

   

09.13.21

Final chance: Less than 1 day left to invest in SkillSoniq!

Hi Friends,

There is less than 1 day left to invest in the Freelance Revolution through SkillSoniq, and we are trying to cross $150K! Please note that this may be the last chance for retail investors like you to invest in SkillSoniq.

We have over 240 investors from this round, including seasoned tech executives like Curt Olson and are looking to get more investors on board! We have shown great traction in terms of client demand on our platform, and are now raising funds to invest in meeting all of the demand for talent on our marketplace! This is a great opportunity to earn investor perks, and to help define the future of work

Invest now to earn your fair share in the Freelance Revolution! Click here to invest in us!


09.10.21

Only 3 days left to invest in SkillSoniq!

Hi Friends,

There are ONLY days left to invest in the Freelance Revolution through SkillSoniq, and we are trying to cross $150K! Please note that this may be the last chance for retail investors like you to invest in SkillSoniq.

We have over 240 investors from this round, including seasoned tech executives like Curt Olson and are looking to get more! We have shown great traction in terms of client demand on our platform, and are now raising funds to invest in meeting all of the demand for talent on our marketplace! This is a great opportunity to earn investor perks, and to help define the future of work

Invest now to earn your fair share in the Freelance Revolution! Click here to invest in us!


09.09.21

Only 4 days left to invest in SkillSoniq!

Hi Friends,

There are ONLY 4 days left to invest in the Freelance Revolution through SkillSoniq! Please note that this may be the last chance for retail investors like you to invest in SkillSoniq.

We have over 240 investors from this round, including seasoned tech executives like Curt Olson and are looking to get more! We have shown great traction in terms of client demand on our platform, and are now raising funds to invest in meeting all of the demand for talent on our marketplace! This is a great opportunity to earn investor perks, and to help define the future of work

Invest now to earn your fair share in the Freelance Revolution! Click here to invest in us!


09.08.21

5 days left to invest in SkillSoniq!

Hi Friends,

There are less than 6 days left to invest in the Freelance Revolution through SkillSoniq! We have over 220 investors from this round, and are looking to get more! We have shown great traction in terms of client demand on our platform, and are now raising funds to invest in meeting all of the demand for talent on our marketplace!

Invest now to earn great perks, and your fair share in the Freelance Revolution! Click here to invest in us!

REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign perk. Get rewarded for investing more into SkillSoniq.

$250.00

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.

$500.00

1st Tier

5% Bonus Shares + $50 invoice credit if you sign up as a corporate customer of SkillSoniq.

$1,000.00

2nd Tier

10% Bonus Shares + $100 invoice credit if you sign up as a corporate customer of SkillSoniq + “SkillSoniq Investor” Hat.

$2,500.00

3rd Tier

15% Bonus Shares + $200 invoice credit if you sign up as a corporate customer of SkillSoniq + “SkillSoniq Investor” Hat.

$5,000.00

4th Tier

20% Bonus Shares + $300 invoice credit if you sign up as a corporate customer of SkillSoniq + “SkillSoniq Investor” Hat + “SkillSoniq Investor” Hoodie.

$10,000.00

5th Tier

25% Bonus Shares + $400 invoice credit if you sign up as a corporate customer of SkillSoniq + “SkillSoniq Investor” Hat + “SkillSoniq Investor” Hoodie + Exclusive 30 min Zoom call with Founder.

$20,000.00

6th Tier

30% Bonus Shares + $500 invoice credit if you sign up as a corporate customer of SkillSoniq + “SkillSoniq Investor” Hat + “SkillSoniq Investor” Hoodie + Exclusive 30 min Zoom call with Founder + Early Access to Key Product Features.

JOIN THE DISCUSSION













0/2500

HOW INVESTING WORKS

Cancel anytime before 48 hours before a rolling close or the offering end date.

WHY STARTENGINE?

REWARDSWe want you to succeed and get the most out of your money by offering rewards and memberships!
SECUREYour info is your info. We take pride in keeping it that way!
DIVERSE INVESTMENTSInvest 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.

@ 2022 All Rights Reserved

Apple Store Logo

Get To Know Us

Our Team

Careers

Important Message

IN MAKING AN INVESTMENT DECISION, INVESTORS MUST RELY ON THEIR OWN EXAMINATION OF THE ISSUER AND THE TERMS OF THE OFFERING, INCLUDING THE MERITS AND RISKS INVOLVED. INVESTMENTS ON STARTENGINE ARE SPECULATIVE, ILLIQUID, AND INVOLVE A HIGH DEGREE OF RISK, INCLUDING THE POSSIBLE LOSS OF YOUR ENTIRE INVESTMENT.


www.StartEngine.com is a website owned and operated by StartEngine Crowdfunding, Inc. (“StartEngine”), which is neither a registered broker-dealer, investment advisor nor funding portal.


Unless indicated otherwise with respect to a particular issuer, all securities-related activity is conducted by regulated affiliates of StartEngine: StartEngine Capital, LLC, a funding portal registered here with the US Securities and Exchange Commission (SEC) and here as a member of the Financial Industry Regulatory Authority (FINRA), or StartEngine Primary, LLC, a broker-dealer registered with the SEC and FINRA/SIPC . You can review the background of our broker-dealer and our investment professionals on FINRA’s BrokerCheck here. StartEngine Secondary is an alternative trading system regulated by the SEC and operated by StartEngine Primary, LLC, a broker dealer registered with the SEC and FINRA. StartEngine Primary, LLC is a member of SIPC and explanatory brochures are available upon request by contacting SIPC at (202) 371-8300.


Investment opportunities posted and accessible through the site are of three types:


1) Regulation A offerings (JOBS Act Title IV; known as Regulation A+), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Primary, LLC (unless otherwise indicated). 2) Regulation D offerings (Rule 506(c)), which are offered only to accredited investors. These offerings are made through StartEngine Primary, LLC. 3) Regulation Crowdfunding offerings (JOBS Act Title III), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Capital, LLC. Some of these offerings are open to the general public, however there are important differences and risks.


Any securities offered on this website have not been recommended or approved by any federal or state securities commission or regulatory authority. StartEngine and its affiliates do not provide any investment advice or recommendation and do not provide any legal or tax advice with respect to any securities. All securities listed on this site are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. StartEngine does not verify the adequacy, accuracy or completeness of any information. Neither StartEngine nor any of its officers, directors, agents and employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy, or completeness of any information on this site or the use of information on this site. See additional general disclosures here.


By accessing this site and any pages on this site, you agree to be bound by our Terms of use and Privacy Policy, as may be amended from time to time without notice or liability.


Canadian Investors Investment opportunities posted and accessible through the site will not be offered to Canadian resident investors. Potential investors are strongly advised to consult their legal, tax and financial advisors before investing. The securities offered on this site are not offered in jurisdictions where public solicitation for offerings is not permitted; it is solely your responsibility to comply with the laws and regulations of your country of residence.


California Investors Only – Do Not Sell My Personal Information (800-317-2200). StartEngine does not sell personal information. For all customer inquiries, please write to contact@startengine.com.


StartEngine’s Reg A+ offering is made available through StartEngine Crowdfunding, Inc. 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 view StartEngine’s offering circular and risk associated with this offering.