What is Fundable?
Fundable is a crowdfunding platform that helps businesses and startups raise capital from a large community of investors.
Is Fundable free to use?
No, Fundable charges a flat fee of $179 per month for businesses to use their platform.
How can I create a Fundable account?
To create a Fundable account, simply visit their website and click on the "Sign Up" button. You will then be prompted to provide basic information and create a password.
What should I do if I forgot my Fundable password?
If you forgot your Fundable password, you can click on the "Forgot Password?" link on the login page and follow the instructions to reset your password.
Can anyone invest in a Fundable campaign?
Yes, anyone can invest in a Fundable campaign as long as they meet certain legal requirements and follow the specific investment terms set by each campaign.
How can I find campaigns to invest in on Fundable?
You can search for campaigns on Fundable by browsing through the different categories or by using the search bar to find specific campaigns.
What payment methods does Fundable accept?
Fundable accepts payments through credit or debit cards, ACH bank transfers, and wire transfers.
Why was my payment for a Fundable campaign declined?
There could be various reasons for a declined payment, including insufficient funds, incorrect payment information, or a blocked card. You can contact your bank or use a different payment method to resolve the issue.
Can I cancel my investment in a Fundable campaign?
Yes, you can cancel your investment in a Fundable campaign anytime before the campaign reaches its fundraising goal.
How long does it take for a campaign to receive the funds raised on Fundable?
Once a campaign reaches its fundraising goal, it can take up to 14 business days for the funds to be transferred to the campaign's bank account.
What is a pitch video on Fundable?
A pitch video is a short video created by the campaign owner to introduce their business or idea and make a compelling case for potential investors to support them.
How long does a pitch video need to be on Fundable?
A pitch video on Fundable should be no longer than 3 minutes.
Can I edit my campaign on Fundable after it has been launched?
Yes, you can make edits to your campaign, such as updating your pitch video or adding new rewards, even after it has been launched.
How can I contact the owner of a Fundable campaign?
If you have any questions or inquiries about a Fundable campaign, you can contact the campaign owner through the messaging system on the platform.
What is a reward on Fundable?
A reward on Fundable is an incentive that a campaign owner offers to their investors in exchange for their investment. It can be a product, service, or other types of perks.
Can I change the rewards offered on my Fundable campaign?
Yes, you can add, remove or modify the rewards offered on your campaign at any time.
What is a stretch goal on Fundable?
A stretch goal is a secondary fundraising goal set by a campaign owner to reach beyond the initial target and offer additional rewards or benefits to their investors.
Can I offer equity in my company as a reward on Fundable?
No, offering equity in a company is not allowed on Fundable. It is a Type II Crowdfunding platform, which means it is not authorized to offer equity-based funding.
How do I know if a Fundable campaign is legitimate?
Fundable conducts background checks on all campaign owners and their businesses to ensure they are legitimate. Additionally, you can do your own research on the campaign and its owners before making an investment decision.
What is the success rate of campaigns on Fundable?
Fundable boasts a 92% success rate for campaigns that reach their fundraising goal.
Can I invest in a Fundable campaign if I am not a US resident?
Yes, non-US residents can invest in Fundable campaigns if they meet the legal requirements and follow the investment terms set by each campaign.
What happens if a Fundable campaign does not reach its fundraising goal?
If a campaign does not reach its fundraising goal, all funds raised will be returned to the investors.
How can I track the progress of a campaign on Fundable?
You can track the progress of a Fundable campaign by visiting the campaign's page and viewing the raising graph. You can also receive updates and notifications from the campaign owner.
What is an API key on Fundable?
An API key is a code generated by Fundable that allows you to integrate your campaign data with other applications or websites.
How can I get help if I encounter any technical issues on Fundable?
If you encounter any technical issues on Fundable, you can contact their support team by filling out a form on their website.
Is my investment in a Fundable campaign tax-deductible?
No, investments in Fundable campaigns are not tax-deductible as they are considered private investments.
Where can I find more information about equity crowdfunding and the regulations related to it?
You can find more information about equity crowdfunding and its regulations on the Securities and Exchange Commission (SEC) website. Here is a link for reference: https://www.sec.gov/smallbusiness/exemptofferings/registraion-exemptions-crowdfunding.
