Make connections with enthusiastic investors—and benefit from their dedication as well as their investment.
Keep creative control of your company while getting assistance from a passionate community.
We’re leaders in the crowdfunding and investing space who’ve helped thousands of companies get off the ground.
With equity crowdfunding, investors get a financial stake in the company they’re supporting. Indiegogo and MicroVentures, two leaders in the crowdfunding and investing space, created an equity crowdfunding platform, First Democracy VC, that allows financial investment in innovative startups.
Equity crowdfunding allows you to offer investors a real stake in the company. The new platform gives you exposure to a passionate community of early adopters who are looking to invest in the next big thing. Raise money from an engaged community of investors while maintaining company control.
Current regulations only allow companies that are incorporated in the US to raise capital. Foreign entities/corporations aren’t eligible to raise capital on the platform. All investments need to be into a US entity.
When can I expect to hear back from First Democracy VC?
All applications are reviewed by our team. You will get an email response within ~1-2 weeks of applying.
How do returns work to investors, and what happens if there are no returns?
Potential returns are specific to each investment opportunity. If it is a revenue share opportunity it could be quarterly or annually based on several factors. If you are a selling shares in your company it could be at the time of your exit. We will give guidance on distributions if you are selected to be listed.
If there are no returns and the company fails the investment would go to a zero and investors would lose the capital they invested.
You can raise up to $1,000,000 with a Title III offering, and there is no limit on a 506(c) offering. Indiegogo and MicroVentures allow you to do a Title III offering, a 506(c) offering, or both.
You can decide to offer company shares in exchange for investment with an equity offering, offer a revenue share to investors, or even raise funds via a debt offering.
Is there a difference between applying for a raise on the Indiegogo site or applying on the MicroVentures site?
There is no difference. Both are reviewed by the same team and if there is a good fit someone from the investment committee will reach out with next steps.
Simply apply using the link below. You’ll be prompted to provide some information about your product or service and we’ll reach out if we have additional questions.
Do you have to be a corporation to qualify for First Democracy VC under the Title III section? What kind of entity?
We can only raise capital under Regulation CF for US based entities so you do need to incorporate if you would like to raise money. You can form any type of corporation but a C corp is the most common with LLC coming in second. You don’t need to be incorporated to apply for funding and if you are selected to move forward we can give you guidance on how to set up your entity based on the type of raise you are doing.
Can you send me more details about the structure and fees?
There are some upfront costs for certain things we’re required to do like a financial review, legal review, filing of Form C with the SEC, and opening up escrow. These are all done by third parties, and we pass the costs on directly to you. It depends on your particular company, but on average these costs have been about ~$5K-$6K total. For the raise itself, there is a 7% commission fee and 2% equity fee, both based on how much we raise. The equity typically is in the form of warrants that First Democracy VC can purchase in the future on your company.
Interested in investing? View our offering companies.
Important Disclosure: Indiegogo.com is a website owned and operated by Indiegogo, Inc., which is not a broker-dealer, funding portal or investment advisor; and neither the website nor Indiegogo, Inc. participate in the offer or sale of securities. All securities related activity is conducted through First Democracy VC, a registered funding portal and member of FINRA or MicroVenture Marketplace, Inc., a registered broker-dealer and member FINRA/SIPC. No communication, through this website, email or in any other medium, should be construed as a recommendation for any securities offering.