How to Start a Capital Raising Campaign
1. Prepare Materials
Congrats, you are about to embark on the journey of raising capital through equity crowdfunding.
First, you need to prepare your Form C with assistance from a professional legal counsel. Second, ensure your financial statements (at least 2 years) are GAAP compliant. Finally, please have a third-party CPA audit your GAAP compliant financial statements.
2. Submit on Atlas
Once you have your materials ready, head on over to Atlas - our common submission for all startups seeking to raise capital on the Aidos platform.
3. Wait for Approval
Our team will review your materials and get back to you. Although we want to accept all qualified startups, due to the overwhelming interest, only a select few will receive approval.
4. Sign Legal Docs
Congrats, you're in rare company with the select startups that received approval.
Our team will now work with you to prepare the legal materials including the subscription documents outlining the terms of the campaign contract. Now is a good time to read up on our Modified SAFE.
Note that the Securities and Exchange Commission (SEC) limits companies to raising $1,070,000 through Title III Equity Crowdfunding over a rolling 12 month period.
5. Start Campaign
With the legal docs for your campaign signed, this is the time to finalize your marketing materials (including any media like a promotional video) for your campaign.
At Aidos, we have an exceptional growth marketing team that can also support you with promoting your campaign online through various advertising channels including social media networks.
6. Sit Back & Wait
Most campaigns will last 30 to 60 days so take this time to focus on growing your company.
As equity crowdfunding is often a complementary source of capital, we often see startups use this opportunity to continue fundraising capital from other investors like angels or family offices.
Note that Aidos also offers Advisory Services to help you develop an overall capital raising strategy.