Regarding private companies, they can get investments through the sale of shares, bonds or tokens. Concerning raising funds you do this by creating a pitch which is easily done by clicking on the 'start a pitch' button.
Firstly, companies have to register on the Crowd for Angels website to become a Crowd for Angels member. Secondly, they need to fill out a pitch application about the business.
The team at Crowd for Angels will then review the pitch application and determine whether the company is a good fit for investors on the Crowd for Angels platform. If it is approved, you will have to create a detailed pitch by filling out the 'pitch creation form'. A background check will be run on the company and we will conduct our own research prior to allowing a company to list its pitch as a Crowd for Angels listing.
The private company has to be incorporated in the UK. Its business idea has to be attractive and offer something unique to potential investors at Crowd for Angels. We would expect a company to prepare a strong business plan which explains investors at Crowd for Angels the future prospects of the business and why it needs the funding.
Regarding equity funding the minimum amount that can be raised on the Crowd for Angels platform is £25,000. The maximum depends on the company's needs and its ability to provide well-argued reasons for the amount requested.
The 'min' is the minimum funding target that needs to be reached in order to close the investment for the company. The 'max' is the maximum funding target which allows for extra funds to be raised for the company after the 'min' is reached. The minimum and maximum funding targets are determined by the company based on its' valuation.
No. You can be small listed public or a small private company to raise funds on the Crowd for Angels platform.
Companies must set a minimum and a maximum funding target which cannot be changed once their pitch is published as a Crowd for Angels listing. The Crowd for Angels listing shall be live for the duration of the Crowd for Angels listing window which is for a period set by the company. Nevertheless, please note that this period must not exceed 90 days unless the pitch is extended with the approval of Crowd for Angels.
The directors of the company decide on the valuation they place on their company and the price at which they offer the shares. The share price determines the level of ownership investors will have in the company.
When each funding target is met and the legal paperwork is completed (or when the pitch expires and provided at least the minimum funding target is reached), Crowd for Angels will transfer the investment amount in to the company's bank account.
Companies are not charged any fees when registering or adding a pitch on the Crowd for Angels platform. Companies do not incur any charges if they are unsuccessful in raising funds through Crowd for Angels. If companies are successful, please see the fees charged at Crowd for Angels here
A shares pitch is your way of selling your idea and your business to potential investors Crowd for Angels. The minimum documentation companies need is a business plan and associated financial forecasts. Other information such as market research, potential orders, patents, trademarks and legal memorandums will be helpful. We encourage the use of SEIS/EIS tax relief and information such as the progress of certification will be necessary.
A video is a great way to explain the shares pitch to the investors. While it is not necessary to upload a video it will be a great benefit to your pitch as will explanatory pictures.
Each company may only have one active pitch at any time.
Pitches cannot raise more than the maximum funding target set by the company. However, a company can always return at a later date to have a second round of investment if the business keeps growing.
A shares pitch update is a way for the company to provide regular updates on the progress of its pitch and business.
Investors at Crowd for Angels will have to check up on the pitch regularly to see if there are any updates available on the pitch. Investors can get the option of automatically being sent an email notifying them that the pitch has an update. This is done simply by following the pitch.
Once your company goes live on the Crowd for Angels platform, all our members will be able to see your pitch and invest in it. We strongly recommend that you invite your friends, family and other interested people to become members on the Crowd for Angels platform. These are people who can help you in creating a strong momentum to the process of raising funds.
At Crowd for Angels we would like to learn more about your company before we decide if it is suitable for using crowdfunding as a means of raising funds. Please prepare the information requested in the pitch creation form carefully as only companies with a strong business plan and attractive idea(s) will be considered. Once the pitch application is submitted, we will endeavour to contact you within 48 hours to discuss your application further.
We understand that some companies will need more guidance in the process of filling out the initial pitch application and with filling in the pitch creation form. This is why we have created help guides which you can open by clicking here
Crowd for Angels will appoint a nominee who will represent all the investors at Crowd for Angels in your company so you will only have to deal with one nominee instead of contacting all co-investors individually. By using an appointed nominee, firstly, you will reduce your administrative cost significantly. Secondly, your nominee will keep all co-investors up-to-date with any information the company sends to it by uploading it on to the Crowd for Angels platform for the co-investors only to see. Last but not least, the investors at Crowd for Angels do not need to worry about any day-to-day management of their investments.
Yes, any information your company sends to us will be passed on to the investors at Crowd for Angels.