Will I need to register or file any forms if I raise funds through Fundable? Is my business required to file anything with regulators if I launch a campaign on Fundable?
Joining Fundable does not, in itself, require you to make any government filings. However, if you choose to offer securities—such as equity, convertible notes, or SAFEs—to U.S. investors through the platform, you are legally required to file Form D with the U.S. Securities and Exchange Commission (SEC) within 15 days of your first sale. This filing is mandatory because instruments like SAFEs are still considered securities under U.S. law.
Make sure you're filing the proper exemptions when you raise capital. Learn more about Regulation D (Reg D) Fundraising here.
Unfortunately, we cannot provide a definitive answer about which legal filings may be necessary, as requirements can vary depending on the specifics of your raise, your location, and where your prospective investors are based. To ensure compliance, it's always best to consult with a legal professional.
If you need guidance navigating this process, we offer a convenient 1-on-1 consultation session where you can get personalized advice. Book your session with our Office Hours: Ask a Lawyer here: https://www.startups.com/events/001be8ab-715a-4a1c-ab19-cd94e1cb1ab0