After over two years in the rewards based crowdfunding space, having raised hundreds of thousands of dollars for startups and registering over 6,000 startups on their service, RockThePost is launching their equity crowdfunding platform for accredited investors.
RockThePost will be offering Regulation D securities to accredited investors via CrowdClear, a division of Bendigo Securities LLC.
“We are very excited about our partnership with RockThePost,” said Robert Simmons , Chief Executive Officer of CrowdClear. “Both organizations are committed to applying advanced technology in order to facilitate the traditional Regulation D capital raising process.” Simmons further noted that “the ability to establish this platform successfully will allow both RockThePost and CrowdClear to make the transition to support future financing methods contemplated by the JOBS Act.”
Additionally, RockThePost has partnered with the law firm of Farkas & Neurman to serve as counsel to Issuers seeking to have their ventures listed on RockThePost. Average legal fees for seed deals offline can range from $15,000 to $25,000. By fundraising online via RockThePost, entrepreneurs will be able to take advantage of a fixed legal fee that is less than one-third of that price.
RockThePost has created their platform with features dedicated to a simplified fundraising process. These features include:
- Vetting systems thanks to the social networking integration
- Background checks
- Investor discovery tools for entrepreneurs
- Notifications, alerts, and transparency regarding the activity on any venture page
- Customized entrepreneur and investor profile pages
- Vanity URL’s