CROWDFUNDING SERVICES
​SetApart is uniquely positioned to help you achieve your fundraising goals. To date, we have helped 1,200+ clients complete 2,000+ offerings under Reg-CF and Reg-A and are the leading CPA firm with over 37% market share. Our seasoned team of professionals and our robust process makes this seamless for founders and their accounting teams.
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Our upfront pricing and industry leading timeline helps you accurately time and budget your campaign and achieve your fundraising goals.
Regulation Crowdfunding (Reg-CF)
Regulation Crowdfunding (often referred as Reg-CF) allows companies to raise up to $5M from general public (Accredited and Non-Accredited Investors).
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There are certain requirements for financial statements audit or review based on the amount of money the Company is looking to raise and contingent upon if it is the first time the Company is raising money.
Tier 1 Offering:
- Raise up to $20M in 12 months
- 2 Years Compiled Financial Statements
- State by state registration required
Tier 1 Offering:
- Raise up to $20M in 12 months
- 2 Years Compiled Financial Statements
- State by state registration required
Tier 2 Offering:
- Raise up to $75M in 12 months
- 2 Years Audited Financial Statements
- No state to state registration
(Bluesky Exemption)
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Regulation A (often referred to as 'Reg-A' or 'Reg-A+' provides an exemption from registration for public offerings (mini IPOs) and both accredited and non-accredited investors can invest in the offering.
Reg-A has two offering tiers:
- Tier 1, for offerings of up to $20 million in a 12-month period; and
- Tier 2, for offerings of up to $75 million in a 12-month period.
Both Tier 1 and Tier 2 offerings have certain requirements in common, which encompass company eligibility criteria, provisions for disqualifying bad actors, disclosure obligations, and related aspects. However, Tier 2 offerings come with additional requirements, such as restrictions on the maximum amount a non-accredited investor can invest in a Tier 2 offering, the mandate for audited financial statements, and the obligation to file ongoing reports.
Regulation D (Reg-D)
Reg-D offerings are also called 'Exempt Offerings' under which a Company can sell its securities to accredited investors (unlimited) and non-accredited investors (up to 35 max).
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Most common type of Reg-D offerings are conducted under Rule 506(b) and do not require a financial statement audit/review or raising through a SEC registered platform or broker-dealer.
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However, having an Independent auditor's report boosts investor confidence and projects efforts and transparency the Company has put into offering.
Platforms We Work With
