Part of funding portal member: truCrowd, Inc.
Why MusicFy by TruCrowd

  • What is MusicFy by TruCrowd?

    MusicFy by TruCrowd is a funding portal dedicated exclusively to the music industry, as pasrt of TruCrowd, Inc FINRA member. It connects musicians, music startups and emerging businesses in the music industry with non-accredited and accredited investors. Built on the belief that not all businesses a ...

    Mar 11, 2019 13:55
  • What companies can raise capital through truCrowd?

    Any music related startup incorporated in any US Sate or District of Columbia are welcomed to use MusicFy by TruCrowd for capital raising. However there are certain companies categories that would not be eligible to use the Reg CF exemption. Ineligible companies include: non-U.S. companies, Exchan ...

    Mar 11, 2019 13:57
  • How long does it take to raise money with MusicFy?

    In general, each offering has a listing period of 60 or 120 days. However, the issuer is free to select other period if that will better fit their business model. The offering should be made publicly available on our platform for a minimum of 21 days before any securities are sold, during which tim ...

    Jul 24, 2019 20:16
  • How does MusicFy ensure the privacy and safety of user information?

    We use a powerful 2048-bit SSL encryption as well as Extended Validation to protect the privacy and safety of all users. The Certification Authority/Browser (CA/B) Forum and the National Institute of Standards and Technology have determined that any key length below 2048-bit is no longer strong enou ...

    Mar 11, 2019 14:00
  • How much money can I raise through MusicFy?

    An eligible crowdfunding entrepreneur (issuer) may raise a maximum of $1,070,000 in a 12-month period. ...

    Mar 16, 2021 06:47
  • Can MusicFy help with legal docs for my Regulation Crowdfunding offering?

    Yes. We offer free templates with instructions for all mandatory documents: Offering Statement and Form C. And, we will assist you with your EDGAR filings. We also offer step by step free personalized guidance and feedback. ...

    Jul 24, 2019 20:16
  • How much am I allowed to invest?

    ndividual investors are limited in the amounts they are allowed to invest in all Regulation Crowdfunding offerings over the course of a 12-month period: If either of an investor’s annual income or net worth is less than $107,000, then the investor’s investment limit is the greater of: $2,200 ...

    Mar 11, 2019 14:02
  • What are the fees for investing and listing offerings?

    None for investors! Creating an account, access to the offerings, investing, guidance and support throughout the process, and post-campaign communication are all free services. We only charge the companies up to 12% success fee, with a non-refundable listing fee of $3,500 payable up-front, this l ...

    Sep 04, 2019 19:41
  • What is the process of buying securities via MusicFy?

    Anyone can see the offering, but to be able to Invest (and comment on the Q&A section) an investor has to open an account on MusicFy. Part of setting the account, the investors will be asked to self-certify their annual income, net worth for the year and investments made via Reg CF (other porta ...

    Jul 15, 2019 16:29
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