truCrowd Texas, officially announced its application has been approved by the Texas State Securities Board. They are now legally registered as a Texas equity crowdfunding portal (TCP) and open for business.
truCrowd enables local startups and businesses from any industry to raise up to $1 million per year from both non-accredited and accredited investors in Texas. For the first time decades, non-accredited investors from Texas are allowed to invest up to $5,000 per offering in startups they believe in and become equity shareholders.
In addition to of providing a secure platform where both parties can transact securities, truCrowd Texas puts great emphasis on educating its users.
CMO of truCrowd Claudia Ecobici stated, “Operating in a new industry with new regulations and new actors, we understand that our users might feel overwhelmed by all the information and requirements. We have made a priority out of assisting them before and during the capital raising and investing process.
“truCrowd offers an in-depth Support page, a blog, free e-books and newsletters which provide everything entrepreneurs and investors need to know about Texas equity crowdfunding, truCrowd’s services and features and general startup practices. I encourage everyone to give it a try.”
