After all closing conditions are verified to have been met, funds will be released from escrow to the company and investors will receive their securities. Successfully closed crowdfundraising rounds under Reg CF require companies to file an annual report, Form C-AR, 120 days after the end of your company fiscal year. WaterWorks will remind you of this requirement annually.
The application process was designed to help us get to know you, learn about your company and understand how you're accelerating solutions to the world's water problems so we can help.
More details are available in our Knowledge Base.
WaterWorks invites any United States private company focused on solving a water problems to submit an application to place an investment offering on our site. We have exclusive criteria and non-exclusive factors which we consider when reviewing applications, which are explained in greater detail in our Knowledge Base.
WaterWorks collects a placement fee of 5% the total amount of funds raised and 5% of securities offered in a successful fundraising campaign. These may vary based on offering type.
Learn more about costs in our Knowledge Base.
The limit that a company can raise through Title III Regulation Crowdfunding offerings in a rolling 12-month period is $1,070,000. There are also investor limits that apply unless an exemption applies. These limits can be managed by selecting the right fundraising instrument.
WaterWorks can work with all types of debt and equity securities; there's virtually no limit.
All applications are reviewed within one week. Preparing SEC Form C should take no more than two days if your financials are current.Offerings must be kept open for a minimum of 21 days. Typical campaigns last from 60-120 days.
If you hit your target offering amount, you can choose to close and end your campaign as long as it has been active for 21 days. Any funding you raise over your offering target is called an oversubscription. You can accept oversubscriptions, however, you cannot accept any funding over your maximum offering amount. If you do not reach your target before your campaign expires, all investment commitments will be returned to investors.
After you've closed your raise, we'll prepare a summary of fees and reimbursable expenses for your review. All fees are required to be paid directly to certain legal entities of WaterWorks to ensure compliance; these are part of the closing conditions we'll outline in the Paperwork phase of your company onboarding.
Facebook, Instagram, Twitter, LinkedIn, YouTube, Medium and every other social media channel where you engage with an audience; activating your audiences within these networks around your raise will be a strong contributor to your campaign's success.
Lead generation, audience growth, targeting and customization of your digital advertisements must be in compliance with all SEC rules on the topic. We'll help you understand the rules and help you craft a cost-effective digital strategy to maximize your campaign's reach and effectiveness.
There are plenty of digital and social media channels available to deliver your message and make your pitch, but a good old fashioned public relations campaign focused on key influencers and thought leaders in the water community will be a key factor in your campaign's viral growth.
Once your application to raise funds has been initially approved, you can begin to build out your own custom campaign page. We'll ensure the final product presents a compelling, content-rich pitch that engages with the crowd.
Content influences the investor's experience on your campaign page. Just because you built it, doesn't mean investors will invest. It is imperative to tell your story with the best words, graphics, videos and any other expressive, creative way you conceive (and our site can handle).
A communications strategy and marketing plan involve a lot of moving parts, all of which are essential to success: content, PR, digital advertising, social media engagement, search engine marketing, emails and more. Fortunately, we've run a few successful campaigns in our day, and our team is stacked with experts to help.
Our partners at FundAmerica will manage all aspects of crowdfunding escrow account transaction activity and investor communications requirements.
Getting started, we'll formalize all the details we set during onboarding into an agreement.
Our partners at iDisclose will take you step by step through the process of preparing and filing your Form C offering with the SEC. Be prepared with your past two years' of GAAP financial statements and other basic information about the company.
GET STARTED FUNDRAISING