Aside from investing as an individual, Republic supports the ability to invest via your Self-Directed IRA, LLC, Corporation, Partnership or Trust.
While going through the investment process, you can select your entity on the invest page of the offering you're interested in by clicking the dropdown in the top right of your screen. See below.
If you've already created an investment commitment and it is not final, please visit your Portfolio and select "View Investment." Then select "Change payment method" and you can change your entity either via the dropdown in the top right of the investment page or at the very bottom of that page.
Each company on Republic decides which jurisdictions to accept investors from and is responsible for ensuring they are compliant in that jurisdiction.
When an offering is open to international investors, Canadian investors are welcome to participate in offerings on Republic.
Canadian investors may be subject to additional holding requirements that exceed those that apply to US investors.
At the Ontario Securities Commission’s request, investors who reside within their jurisdiction are currently prohibited from participating in all investment opportunities on Republic.
Similar limitations exist for investors in British Columbia due to the Money Services Businesses Act. This Bill requires all Money Services Businesses (MSBs) to register with the BCFSA, which Republic is currently not. To learn more about this Bill, you can review it here.
If the investor lives outside the United States, it is the investor’s responsibility to fully observe the laws of any relevant territory or jurisdiction outside the United States in connection with any purchase of the securities, including obtaining required governmental or other consents or observing any other required legal or other formalities.
Each company on Republic reserves the right to deny the purchase of the securities by any foreign purchaser.
Canadian investors should consult with their local regulators and each company's Form C before investing.
All campaign updates are reviewed by our team prior to being published. Campaign updates should focus on business milestones. The rules for what can and cannot be said in an update are not always black and white, but our team does the best we can to flag potential compliance issues for you.
Some topics that may require additional compliance review include:
New executive hires
Promissory language regarding investment returns
Raising additional funding
Finally, new revenue figures cannot be used in campaign updates as these numbers were not included in the financials included in your Form C. However, you can discuss operational numbers (ex. 10,000 widgets last month).
Let us know if you have any questions! Here to help you find the best way to promote your campaign compliantly.
As the intermediary platform, we are not allowed to mediate in the discussion section. Investors are allowed to ask pressing questions related to competitors, questions they may have about information in the Form C, and more. Take these questions as an opportunity to show how strong your business really is. Investors find it encouraging to see a founder who can confidently address the tough questions.
In most cases we are not able to remove posts from the discussion board unless the comments are discriminatory or they are clearly spam.
That’s a great question and the true answer is that this will vary from investor to investor. That said, here’s what we’ve noticed:
The problem you are trying to solve needs to be extremely clear. This is especially important for companies that operate in niche markets. Not everyone is going to be an expert in your industry, but if you can explain it to them simply, they just might be your next investor! Keep your elevator pitch simple and to the point.
Outline any recent traction. Revenue is the most common way for companies to discuss traction but depending on your business model, it may not be the best way for you to demonstrate how the business has grown. If you are pre-revenue or early-stage, think about how you can show investors that you are ready to win the market. Partnerships, patents/new technological innovations and new customers in the pipeline are all good things to highlight on the deal page.
If you have prominent backers (VCs/Angels), be sure to highlight them.
Investors tend to stop reading if your campaign page is too long. We know it can be tempting to talk about everything you know about your business, but imagine that you only had 3 minutes to pitch a top VC. What are the things you’d tell them? That’s what needs to be in your deal page.
Be thoughtful about how you address your competition. Highlight your company’s strengths and make sure that you communicate why you are in a position to win the market. Investors will sometime ask about this in the discussion section as well. Charts and comparison tables can be a great visual aid in the competition section.
Finally, make sure your vision is clear. Where is this company going and how do you plan to get there?
Our design team will craft the first draft using the pitch deck you provided during the diligence process. This is typically completed 3~5 business days after your kickoff call with a campaign manager. If you have an updated pitch deck or new assets you’d prefer us to use, please let your campaign manager know during the kickoff call.
Your campaign manager will send you the deal page draft once it’s ready, along with notes and guidelines for editing the page.
You and your team will have full access to edit the page as you see fit.
Once you’ve finished making all edits, follow the “Submit for Review” prompt at the top of your deal page to complete the compliance attestation form.
All edits should be completed and the deal page finalized before our legal team reviews the Form C draft.
Recommended image size is 1390px wide
Image files should be JPEG or PNG, and below 500kb
72 dpi recommended
Logo: The logo should be a square PNG image, 400x400px, and under 200kb in size
Deal page structure: Our deal page structure is based on investor feedback and information they are most interested in learning about your company. All deal pages thus follow the same structure, so that Republic investors can more easily navigate across campaigns and find the company details they’re looking for. While you must conform to our deal page template, you are not required to fill in each pitch section. Keep in mind that the section headers are standard and cannot be changed. The sections are meant to guide you in understanding what investors are most likely to look for when determining whether or not to invest.
Creating new deal page assets: Our team may be able to help with small image formatting issues, but we do not create graphics for deal pages. Some of our marketing partners offer assistance with creating deal page graphics and videos. If you’re interested in working with a marketing agency for marketing support, please reach out to your campaign manager.
Once you reach the $25K threshold, you will be slotted in for marketing. Our marketing calendar is first come- first served based on when issuers hit their milestones. We are not able to change your marketing email feature date as it may impact other issuers. We understand why this may be frustrating, but this strategy allows us to ensure that all issuers get visibility with our users.
On Mondays, our team sends notices to all founders who will be receiving a marketing feature that week.
This site (the "Site") is owned and maintained by OpenDeal Inc., which is not a registered broker-dealer. OpenDeal Inc. does not give investment advice, endorsement, analysis or recommendations with respect to any securities. All securities listed here are being offered by, and all information included on this Site is the responsibility of, the applicable issuer of such securities. The intermediary facilitating the offering will be identified in such offering’s documentation.
All funding-portal activities are conducted by OpenDeal Portal LLC doing business as Republic, a funding portal which is registered with the US Securities and Exchange Commission (SEC) as a funding portal (Portal) and is a member of the Financial Industry Regulatory Authority (FINRA). OpenDeal Portal LLC is located at 149 E 23rd St #1314, New York, NY 10010, please check out background on FINRA’s Funding Portal page.
All broker-dealer related securities activity is conducted by OpenDeal Broker LLC, an affiliate of OpenDeal Inc. and OpenDeal Portal LLC, and a registered broker-dealer, and member of FINRA | SiPC, located at 1345 Avenue of the Americas, 15th Floor, New York, NY 10105, please check our background on FINRA’s BrokerCheck.
Certain pages discussing the mechanics and providing educational materials regarding regulation crowdfunding offerings may refer to OpenDeal Broker LLC and OpenDeal Portal LLC collectively as “Republic”, solely for explanatory purposes.
Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC make investment recommendations and no communication, through this Site or in any other medium should be construed as a recommendation for any security offered on or off this investment platform. Investment opportunities posted on this Site are private placements of securities that are not publicly traded, involve a high degree of risk, may lose value, are subject to holding period requirements and are intended for investors who do not need a liquid investment. Past performance is not indicative of future results. Investors must be able to afford the loss of their entire investment. Only qualified investors, which may be restricted to only Accredited Investors or non-U.S. persons, may invest in offerings hosted by OpenDeal Broker.
Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC, nor any of their 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. Offers to sell securities can only be made through official offering documents that contain important information about the investment and the issuers, including risks. Investors should carefully read the offering documents. Investors should conduct their own due diligence and are encouraged to consult with their tax, legal and financial advisors.
Investors should verify any issuer information they consider important before making an investment.
Investments in private companies are particularly risky and may result in total loss of invested capital. Past performance of a security or a company does not guarantee future results or returns. Only investors who understand the risks of early stage investment and who meet the Republic's investment criteria may invest.
Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC verify information provided by companies on this Site and makes no assurance as to the completeness or accuracy of any such information. Additional information about companies fundraising on the Site can be found by searching the EDGAR database, or the offering documentation located on the Site when the offering does not require an EDGAR filing.
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. Therefore, when you use the Services we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license, passport or other identifying documents.
Republic and its affiliates are not and do not operate or act as a bank. Certain banking services are provided by BankProv, member FDIC / member DIF. Digital (crypto) assets and investment products are not insured by the FDIC, may lose value, and are not deposits or other obligations of BankProv and are not guaranteed by BankProv. Terms and conditions apply.