Can anyone raise funds through FundedHere?

FundedHere is an equity and debt crowdfunding platform. It is specifically designed for:
Early-stage businesses
in their Post-Seed or Pre-Series A Round who are considering raising funds through equity deals. These companies should meet the following criteria:

  • Incorporated in Singapore
  • Incorporated for at least 3 months
  • Minimum paid-up capital of S$50,000
  • At least 1 Singaporean Founder

Singapore Exchange (SGX) Mainboard- or Catalist-listed companies in Singapore which are considering raising funds through a ListCo Bond (crowdfunded bonds for SGX-listed companies). These companies should meet the following criteria:

  • Majority-owned by a Singapore citizen or permanent resident
  • Not on the SGX Watchlist
  • Have positive Net Tangible Assets
  • Lien Shareholder Equity
  • Can provide a Corporate Guarantee

How can I get started?

Simply register as a user and create a profile right away! Head over to www.fundedhere.com to upload your company’s (1) pitch deck, and (2) ACRA Biz File, and let us know if you’re interested in crowdlending or equity crowdfunding.

One of our campaign directors will then evaluate your collaterals, gather initial feedback and interest from our ecosystem and follow up with you in the next few days.

How long does a FundedHere campaign run for?

A campaign cycle with FundedHere takes 30 days. The majority of campaigns on our platform have been completed within a single campaign cycle.

How does a company get its campaign profile listed on FundedHere’s website?

Once you’ve submitted your application and campaign profile, it will be sent to our campaign director and investment team to be reviewed before going 'live'. Only campaigns which have been vetted and approved by FundedHere's team will be listed on our website. 

To expedite the process, we may contact you for more details within 5 - 7 working days of your submission.

What’s FundedHere’s criteria for approving a deal?

Early-stage businesses in their Post-Seed or Pre-Series A Round who are considering raising funds through equity deals. These companies should meet the following criteria:

  • Incorporated in Singapore
  • Incorporated for at least 3 months
  • Minimum paid-up capital of S$50,000
  • At least 1 Singaporean Founder

Singapore Exchange (SGX) Mainboard- or Catalist-listed companies in Singapore which are considering raising funds through a ListCo Bond (crowdfunded bonds for SGX-listed companies). These companies should meet the following criteria:

  • Majority-owned by a Singapore citizen or permanent resident
  • Not on the SGX Watchlist
  • Have positive Net Tangible Assets
  • Lien Shareholder Equity
  • Can provide a Corporate Guarantee

Who will be responsible for the cost of preparing the legal documents for campaigns?

FundedHere has a standardised share description document where investors can subscribe to non-voting common shares pari passu. These documents are prepared by FundedHere at no cost to the startup.

Bond issuing costs are covered by the issuer but also standardised for maximum cost efficiency.

What if a campaign ends with less than 100% funding?

Campaigns sometimes fall short of their targeted funding goals. If the campaign hits > 80% of its target, the business will have access to the funds raised at the conclusion of the fundraising cycle. 

If the campaign hits < 80% of its target, the business can either extend the campaign cycle or close the campaign.

What if a campaign ends with more than 100% funding?

If > 100% funding is achieved in a campaign, the company will have the option to upsize; 

If not, allocation will be done on a pro rata basis (your company will have full autonomy on this decision) 

What are the costs involved with running a campaign on FundedHere?

For an equity fundraising exercise, FundedHere charges 6% (in terms of cash) plus 2% (in terms of equity) of the amount raised.

For a debt fundraising exercise, FundedHere charges a 1.5% fee per annum of the amount raised. 

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