What is SeedUps?
SeedUps is a new crowd funding matching engine for Startups who wish to raise up to $500,000 from qualified high net worth / sophisticated Investors
Why was SeedUps established?
SeedUps was established to help early stage Startups with great business ideas solve the sub-$500k equity gap problem, which regularly exists when they attempt to raise smaller amounts of equity capital
Who can use SeedUps?
Startups and qualified High Net Worth Individuals / Sophisticated and Accredited Investors can use SeedUps
Does it cost anything to create a new Seedup?
No. It's free, just enter some contact details and create a 1-Page Opportunity SnapShot™
Are there any Matching fees?
Yes. You pay a success fee to SeedUps, but only if you are successful and only on completion of the deal
What if I don't reach my funding goal?
SeedUps is an all or nothing funding model. This means that you must raise all of the funds you ask for within a 180 day listing period. This mechanism provides valuable feedback to Startups and reduces risk for Investors
Where is SeedUps located?
SeedUps' offices are listed on the Contact Us page
How do I get started?
Get started in 3 simple steps:
- Enter some info about yourself and the business idea
- Set your equity funding goals
- Share your idea
Use the Opportunity SnapShot™ builder and videos to tell Investors about your business idea.
Decide how much you wish to raise to get your business idea up and running
Submit your 1-Page Opportunity Snapshot™ and invite feedback from the investment community
How do I start equity fund raising?
Start equity fundraising in two simple steps:
- Invite the crowd to fund it
- Watch your idea attract interest and funds
Set your Opportunity SnapShot™ to 'Live' when you are ready to go
See your idea's funding process over 180 days and receive regular milestone updates via e-mail
What is an Opportunity SnapShot?
An Opportunity SnapShot™ is a 1-page summary, which provides pre-qualified sophisticated Investors with an informed outline of your business idea. It includes information about the problem, the solution, the market and some financial forecasts.
I don't have a Video Pitch, what should I do?
Don't worry! While we advise that you develop a video pitch over time to maximise your chances of securing funding; it is not essential. A video pitch is however a great way to emphasise the strengths of your business idea and how you plan to attack the market with the team you have or plan to recruit
How does the SeedUps matching process work?
The SeedUps matching engine uses proprietary algorithms and a patent-pending process to match multiple Investors with Startups who have great ideas. The net result is a fair valuation and strong motivation for both parties.
Is there a time limit for funding?
Yes. All opportunities are listed for 180-days. This allows a reasonable time-frame to market the opportunity and enables a constant flow of fresh opportunities through the pipe-line.
How do I share my Opportunity?
SeedUps provides social networking tools that allow Startups to share their opportunities before and during the listing period.
How do I get my Opportunity featured on the SeedUps.com homepage?
SeedUps operates a fair rotation system for New and Closing Soon opportunities. Other categories include Popular and Successful
What method of funds transfer do Investors use?
Investors transfer funds via BACS, CHAPS, and SWIFT secure bank-to-bank payment methods
When do I receive my funds?
Funds are transferred by our panel of qualified law firms when all parties to the deal have signed the standardized term sheet
What happens when my funding round is over?
You invest the money in your business venture and work towards achieving your targets. You can then come back and ask the crowd for more funding if required.
Who can view project profiles?
Any user can view basic information such as name, location and industry for a project, but only registered high net-worth individuals and sophisticated Investors can view project profiles.
Who can comment on and share my project?
Any registered sophisticated Investor or high net-worth individual can comment on or share a project.
What happens to my profile when my project is over?
We encourage you to keep your profile active, update your Investors on your project status, and keep people engaged until your next campaign.
How do I verify my SeedUps account?
After signing-up, you will receive a confirmation email. Click on the link in the email to verify your account.
I never received a confirmation email after I signed up. What do I do?
Sometimes our emails go to SPAM/Junk folders. Add email@example.com to your address book to prevent this. If that doesn't work, please email us at firstname.lastname@example.org.
I forgot my password. What do I do?
Don't worry. Go to the Forgot Password page and we'll email you a temporary password. If that doesn't work, you can always email us at email@example.com.
How do I cancel my registration?
If you would like to cancel your registration and remove your individual and investment profiles, you can do so by going to the Close Account section of your profile. You will be required to confirm with your password.
Does SeedUps share my personal information?