When your Regulation CrowdFunding offering gets fully funded, TruCrowd will charge a success fee of up to 12% from the total amount raised. If your offering doesn't get fully funded TruCrowd will not charge the success fee.
TruCrowd does not charge any management or transaction-based fees and does not take a share of the profits of successful investment because we don't want to be a parasite on the back of your company.
To launch your crowdfunding campaign, there are some necessary steps you have to go through: creating an escrow account, bad actor check and hire a stock transfer agent. The services are provided by our third-party service providers and the fees are:
- Escrow Agent: $500 will be paid before starting the campaign to open escrow account and 0.25% success fee to be paid when the offering is successful.
- Before having your offering listed on the truCrowd US, you will have to pay $70 (for the bad actor check and other Office of Financial Regulation mandated due diligence) per each "control person" involved with your company
- Transfer Agent: We require each issuer selling preferred or common stock to use a SEC registered transfer agent (TA) that keeps records of the shares. truCrowd does not receive any compensation from these Transfer Agent. The requirement does not apply to issuers raising money through SAFE agreements.