What documents are required to verify my eligibility as an investor?

1 Answer(s)

Currently, only accredited investors may invest in startups but that will change soon. We are hoping that by October 2014, everyone will be eligible to invest, but it all depends on how fast the Securities and Exchange Commission issues the final crowdfunding rules of the JOBS Act. So there are two types of offerings available on Onevest; 1. Companies doing a Regulation D, Rule 506 offering (b) and, 2. Companies doing a Regulation D, Rule 506 (c) offering. The major difference between both is that Rule 506 (b) is a company choosing to raise funds privately, without soliciting the general public, versus Rule 506 (c), where it is permitted to publicly announce a company that is fundraising as it is happening. Therefore, since there are two different types of offerings, depending on which startup you choose to invest in, you will be required to provide slightly different paperwork. (Companies that are publicly fundraising are marked with an orange banner that says Public.)

US Investors

Paperwork Required When Investing In Privately Fundraising Companies:

  • Self-accreditation form completed
  • W9
  • Identity verified 
  • Electronic Affidavits

Paperwork Required When Investing In Publicly Fundraising Companies:

  • Self-accreditation form completed
  • W9
  • Identity verified 
  • Electronic Affidavits
  • Documents that prove your investor accreditation

International Investors 

  • Self-accreditation form completed
  • Identity verified 
  • Electronic Affidavits
  • International background check
acr30 Expert Answered on September 7, 2015.
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