Costs And Fees
ideaPledge is the least expensive option available for any type of funding, both compared to other crowdfunding platforms, and also compared to all current crowdinvesting platforms. ideaPledge charges a flat 10% compliance fee. No other costs, transaction fees, or memberships!
Investor and Creator Members always have 100% free access to the Project Grid.
ideaPledge does not, 1) Take a percentage of ownership of any project, 2) participate in the profits of Creators, or 3) Own any portion of Creators IP.
Moreover, many crowdinvesting sites require the purchase of expensive vetting reviews, business plans, and so called “analytics” before a project can be posted. ideaPledge does not require a business plan, or any other review or analysis. Creators are free to present projects directly to Investors. Post a project today by becoming an ideaPledge Creator!
ideaPledge does more, yet charges less! Other crowdinvesting sites have hidden fees and costs, and many users will end up spending over fifty-thousand dollars up front on compliance, review, and so called “vetting” of projects. Many crowdinvesting sites also end up owning part of your company. Likewise, total fees on Indiegogo and Kickstarter can reach 13% of proceeds raised. ideaPledge does not take any ownership stake in Creator projects, does not charge for vetting or review of projects, and covers 100% of compliance costs on the back end, from offering proceeds from successful projects that reach the Funding Goal. ideaPledge takes only a flat 10% for compliance costs, without any additional transaction costs or fees. So for less than the cost of running a donation crowdfunding campaign, ideaPledge creators can offer equity participation through a Reg A+ or Reg D offering to investors!
No, ideaPledge will arrange for all securities compliance work to be done for Creators. Through template forms and third-party providers, ideaPledge takes the hassle out of fundraising. ideaPledge only deducts a flat 10% from the proceeds to cover compliance, transaction and escrow costs, and no additional compliance costs will be charged to Creators.
No, a business plan is optional. The share of profits you are providing to potential investors is selected on the Project Page. ideaPledge does not require you to prepare or purchase an elaborate business plan or so called “analytics.” ideaPledge has hired a leading securities consulting firm, with nearly twenty years experience in entertainment and high tech fund raising, and our experts agree that less is more when it comes to business plans. In fact, ideaPledge discourages making Return on Investment (ROI) claims, because the return from startup phase investing is so uncertain. Everything needed to persuasively present the project to potential investors, including a statement of the profit share, is built in to the Project Page Tools. Moreover, ideaPledge provides template securities disclosures and disclaimers, so you can focus on what you do best, creating!