Compliance
Reg A+ / Reg CF (Crowdfunding)
Quick definition
SEC regulations enabling smaller companies to raise capital from non-accredited investors via online crowdfunding.
Reg CF (Regulation Crowdfunding): raise up to $5M/year from anyone (accredited or not) via SEC-registered crowdfunding portals (Republic, Wefunder, StartEngine). Reg A+: 'mini-IPO' allowing up to $75M/year from anyone, with more disclosure but less restriction than full registration. Both require formal disclosure documents and audited financials. Not common for VC-track startups; popular for consumer brands seeking community investors.
Related compliance terms
SOC 2 Type I vs Type II
Type I attests controls are designed correctly at a point in time; Type II attests they operated effectively over 6–12 months.
SOC 1
Attestation report focused on internal controls over financial reporting (ICFR). Relevant for vendors whose services affect customers' financial statements.
HIPAA Compliance for Startups
Healthcare Information Privacy regulation governing protected health information (PHI). Required for any startup handling patient data.
GDPR (for US Startups)
EU General Data Protection Regulation governing how you handle personal data of EU residents — even if you're a US company.
Frequently asked questions
- What is Reg A+ / Reg CF (Crowdfunding)?
- Reg CF (Regulation Crowdfunding): raise up to $5M/year from anyone (accredited or not) via SEC-registered crowdfunding portals (Republic, Wefunder, StartEngine). Reg A+: 'mini-IPO' allowing up to $75M/year from anyone, with more disclosure but less restriction than full registration. Both require formal disclosure documents and audited financials. Not common for VC-track startups; popular for consumer brands seeking community investors.
- Why is Reg A+ / Reg CF (Crowdfunding) important for startups?
- Reg A+ / Reg CF (Crowdfunding) is a compliance concept that matters for startup founders because it directly affects fundraising readiness, financial decision-making, or operational discipline at the stage where mistakes are expensive to undo. Founders who understand it have a meaningfully easier time in diligence, board meetings, and investor conversations.
- What category does Reg A+ / Reg CF (Crowdfunding) belong to?
- Reg A+ / Reg CF (Crowdfunding) is a Compliance term in the StartupCFO finance glossary — alongside other compliance concepts that founders, CFOs, and accountants use in daily startup operations and reporting.
- Where can I learn more about Reg A+ / Reg CF (Crowdfunding)?
- Beyond this definition, see the related compliance terms below, or explore StartupCFO's insights and tools that put Reg A+ / Reg CF (Crowdfunding) in context. For specific situations, talk to a fractional CFO who can walk through your numbers.
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