Part of funding portal member: truCrowd, Inc.
Investing with truCrowd Florida

  • Can I invest if I am a not a Florida resident?

    No. As truCrowd Florida operates based on The Florida Intrastate Crowdfunding Exemption. According to the Exemption, access to crowdfunded securities offerings on this funding portal is limited to Florida residents. ...

    Jan 04, 2016 23:10
  • Can I invest if I am a resident of Florida but currently I live out of Florida?

    Yes. As long as you have a valid Florida driver license or official personal identification card issued by the State of Florida, or current Florida voter registration number or general property tax records, you can invest via truCrowd Florida. ...

    Jan 04, 2016 23:10
  • Can I browse offerings if I am not a resident of Florida?

    No. According to the Office of Financial Regulation, you need to provide an affirmative representation to truCrowd Florida that you are a resident of Florida before you can access securities-related offering materials on the platform. ...

    Jan 04, 2016 23:10
  • Can I invite my friends from Florida through my social network?

    You can always invite all your friends and connections from Florida on the truCrowd Florida platform. They can be invited either to your public profile or to a particular equity offering you want them to look at. Please remember that if your friends are not Florida residents, they will not be able ...

    Jan 04, 2016 23:09
  • What is the maximum amount I can invest through truCrowd Florida?

    One single investor can invest a maximum of 10% of the annual income or 10% of the net worth of the investor per year per company/startup unless the investor is an accredited investor. We recommend you to make a large number of small investments as opposed to one or two larger investments in order ...

    Jan 04, 2016 23:09
  • Why do I have to create an investor profile?

    At truCrowd we are strict on verifying users identity as to reduce and/or eliminate the possibility of fraud and to make sure only Florida based investors are on truCrowd Florida. Just as you do not want to lose money in a phony investment scheme, the entrepreneurs dont want to lose time with fake ...

    Jan 04, 2016 23:09
  • Do I have access to all the offerings?

    Yes. All offerings that are compliant with our rules and The Florida Intrastate Crowdfunding Exemption will get listed and be available to all Florida investors. ...

    Jul 12, 2019 17:45
  • Which startups should I fund?

    The decision is yours. At truCrowd we require all entrepreneurs to provide ample information about their business so the investors can make informed investing decisions. Because we believe in the "wisdom of the crowds," we will let the crowd decide what equity offerings get funded. ...

    Jan 04, 2016 23:08
  • When will the fundraising round close?

    You will find all relevant information regarding closing in the offering details. All rounds have a 90 day maximum funding period. ...

    Jan 04, 2016 23:08
  • Where does the money I pledge go?

    When you pledge, your money will be moved from your investment account into an escrow account. After the funding goal is reached, shares will be transferred to the new shareholders who are investors like you. Then the money will be moved from the escrow account to the entrepreneurs account. If the o ...

    Jan 04, 2016 23:08
  • What will happen when the funding goal is reached?

    When the funding goal is reached, the stock transfer agent will prepare the share certificates and any other documents related to the transfer of equity. We partnered with VentureDocs (http://venturedocs.com/) to provide an affordable option though the entrepreneur, who may also use their own provid ...

    Jan 04, 2016 23:08
  • What will happen when rounds are oversubscribed?

    It is possible for the money committed to exceed the original funding amount. If this does happen, the priority for who retains their investment is typically based upon the order in which the pledges were placed. ...

    Jan 04, 2016 23:07
  • What will happen if the targeted amount is not raised?

    If the target amount is not raised the money will be moved from escrow back to investor's investment account. ...

    Jan 04, 2016 23:07
  • Can the entrepreneur cancel my investment?

    It is a rare occurrence, but yes, it is possible. The entrepreneur can cancel your investment. The entrepreneurs have the same cancellation rights as you. Legally, entrepreneurs may cancel your investment for any reason. For example, if they found you are competition, they might cancel your investm ...

    Jan 04, 2016 23:07
  • Can I cancel my investment and get a refund?

    Yes. You can change your mind (remove the pledge) at any time before or even after the funding goal is reached. After the campaign is successful, we will send you a reminder email to notice the last chance to change your mind and you will have 48 hours to do that. After the 48 hour limit, the ple ...

    Jan 04, 2016 23:06
  • How long will it take to receive my refund?

    It may take 3-5 business days to receive your money back from the escrow account. The money will be deposited into your investment account. ...

    Jan 04, 2016 23:06
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