LaunchPAD makes raising capital easy and fun by granting you control. No board seats and no term sheets. Your raise, your company, your control. Start with your seed & continue with your Series A, B, & C. As a sign of good faith, We're leading by example in raising capital for our brands on LaunchPAD right now, including LaunchPAD itself!
Our esteemed SEC compliance partners will help file all the necessary paperwork to accept funds under crowdfunding regulation, so you can get back to what matters most.
Withdraw funds when you’re ready to invest into your company or fundraising campaign.
LaunchPAD advices incentivizing investors by offering perks to investors. This could be a lifetime discount, a product, or even a time-based incentive.
As founders ourselves, we forsee LaunchPad beyond just fundraising. We'll be with you every step of the way as you continue to grow your business, increase sales and build brand recognition.
Every startup application is pre-vetted internally to determine whether it meets our compliance and eligibility requirements. If it's a good match, we move forward!
Work with our team to tell your story, your own way to attract investors. Our creative team will help you!
It's all up to you on how much control you want to keep of your company when raising on LaunchPAD.
We are doing continuous improvements to make it more stable in the long run whilst partnering more to serve you better. We are using the latest and advanced technology Where Security is our primary concern.
Everything you need to manage your investors effectively and quickly.
If you are looking for the best place to fundraise, LaunchPad does it better than anyone else.
Expose your company to over 1 Billion people across 54 nations.
Our dedicated legal and advisory service partners will stand by you throughout the campaign.
Our alumni community and partner network will be your resource years after the campaign
The best tarrif you can ever wish for. 6% cash + 2% of the securities sold.
On LaunchPad, companies can accept investments via Mobile money and other digital wallets.
Investors can invest via cards. We support credit cards, debit cards, ACH, and wire transfers.
Make your investors into customers and super fans by turning them into real brand ambassadors.
All the resources you need to raise the capital needed to build the Africa we want is not an after-thought on LaunchPad.
On LaunchPad, Investing is an inclusive thing, ensuring investing is easy and available for all.
Get amazing perks from our partners like DCard Africa, SG Home of Business, Frich Consult, CBG Bank Ghana and AIMSEND for either free or at a discounted rate
Raising on LaunchPad gives you access to AWS and Google Cloud free credits of up to year worth over thousands of dollars.
A selection of LaunchPad's flexible instruments to fit your company's fundraising goals
Our founder-friendly investment agreement, designed specifically for crowdfunding.
Crowd SAFE is an investment agreement between founders and investors that most companies use on Republic. It's simple and super founder-friendly, allowing founders to maintain control while bringing in the funds needed to achieve their growth milestones.
A simple agreement for future equity.
A SAFE is an investment contract between investors and companies looking to raise capital. Individuals make investments in exchange for the chance to earn a return—in the form of equity in the company—if the company experiences another round of financing, conducts a token-generation event*, is acquired or has an IPO.
A simple way to raise debt capital from the crowd.
A Crowd SDA is an investment contract between lenders (investors) and companies looking to raise capital. Individuals make investments in exchange for the chance to earn a return in the form of cash interest payments.
To be better at what we do and best serve the ecosystem, we carefully reached out to experienced experts in their various fields of specialization to help advise our cause.
GoodSoil VC
SG Bank Ghana
ECO Capacity Exchange Ltd
SG Home of Business
Our inspiration for starting LaunchPAD stems from the hurdles every African satrtup faces when trying to raise capital on the continent, irrespective of the jurisdiction, and our own experiences on numerous attempts to raise within the continent. African Startups and small businesses looking to raise funds on the contitnent has to turn to the banks or connected rich folks...each with its own headache. These banks requires collaterals a startup business can't afford so has to be listed on foreign platforms and in most cases, register their businesses overseas to be able to raise internationally. The continent boasts of smart bold ideas from small businesses and startups looking to either birth, grow, sustain and scale their businesses and ideas yet stuggles to get the needed capital. We want to remedy that, not just by making profit for ourselves, but as a service to our dear contitnent, inother to inspire change in critical-thinking and motivate future developments of Africa, something every African youth is fighting for!
We typically let founders and companies take the first stab at setting the most important term: the valuation cap because our common fundraising agreement is the Crowd SAFE. Our investment team reviews the proposed valuation cap and justification and may work with the founder to amend it if necessary. In cases where a company is raising a private round concurrently with their LaunchPAD campaign, we ask that they mirror the terms of that round.
You can raise up to ¢50 million cedis with an average of ¢1 million cedis on the platform. It is our wish that you can use LaunchPAD to complement and not replace the capital raised from VCs.
To run a successful campaign on LaunchPAD, companies are required to file with the SEC and BoG depending on the type of raise. This filing includes some basic high-level information about the company’s financial history from the past two years: balance sheet, income statement and cash flow. It also will include risk disclosures and cap table structure, but individual investor names don’t need to be shown.
Doesn't cost much. Most companies spend about $3k-5k before launching their campaign on making their SEC/BoG filing. We only take a success-based commission at the end of a campaign: 6% of the money raised in cash, and 2% of the securities issued. For example, if you were to raise ¢100,000 on LaunchPAD, we would take ¢6,000 in cash and a ¢2,000 Crowd SAFE. In the unlikely event a campaign doesn’t meet its minimum target, LaunchPAD does not take any fees. Companies pay for the escrow agent and payment processing at the end of the campaign. This typically comes out to about 1.5-2.25% of the capital raised. (The final cost depends on the volume of investment through different sources like momo, credit card, ACH, or wire transfer.)
Using a nominee structure, investors are represented as a single line item on your company’s cap table summary, and there is no limit to the amount of investors who can participate. We’ve designed the platform and process to eliminate operational overhead and optimize for efficiency with subsequent fundraising or an exit event. Your success is our investors’ success, which is ultimately LaunchPAD's success too. If you choose to convert investors to equity after raising more rounds, those investors who invested via a nominee round on LaunchPAD can be converted to a single equity shareholder (and “holder of record”) on your cap table through a custodial arrangement, with the custodian represented as the owner of record.
We’ve designed the platform to be as seamless as possible—even after a campaign. Since we use a Crowd SAFE, investors aren’t equity holders and don’t require K-1 reporting. They also don’t have voting or information rights. While these investors can be pretty powerful from a marketing perspective, we’ve kept them passive from a legal point of view. That said, we do highly recommend that companies use our dashboard to draft and send a twice-yearly updates to investors. It can be pretty top-level, and it’s a great way to let them know how they can help drive the company’s growth: sharing promotions, making introductions, hiring, etc. Almost all companies make only one additional disclosure filing post-campaign. Companies file a light refresh to the SEC. It’s filed at or before 120 days from end of fiscal year, which means it’ll be filed by April 20 for you (assuming your fiscal year ends in December). It takes about 1-2 hrs to complete, and most companies can do it themselves.
Almost certainly not. Even after your $10M, $17M, and even $50M raise from VCs, you can still run a campaign on LaunchPAD. For companies at this later stage, a LaunchPAD raise is usually more about the campaign’s marketing value than it is about the capital itself. B2C companies often see huge increases in product sales, user acquisition and LTV directly attributable to the campaign, and B2B companies use campaigns to source partnerships and drive inbound sales leads when crowdfunding after raising from VCs.
Our community is comprised of a strong network of ecosystem partners. We intend to drive the majority of investment volume through our user base and partner network. Throughout your campaign, we provide exposure to our network through a dedicated email announcement, multiple newsletter features, promotion across our social channels, our ongoing communications with our suite of ecosystem and media partners, and more. Additionally, you will have access to a dedicated campaign strategy team that will help you craft an action plan for your campaign. Through email communication, strategy calls, webinars, and office hours, this team will guide you through this process from beginning to end.
Aside from marketing the campaign to your networks and communities, your primary responsibility post-launch will be fielding questions from investors and potential investors. During the campaign, interested investors can ask questions on a public forum for your team to answer. This forum has the benefit of preventing prospective investors from asking the same questions multiple times. You are not obligated to interact with this forum, but the data shows that the team’s engagement level and quality of answers is a key driver of campaign success.
This is the real deal and a major game changer for the African entrepreneur. Very easy and simple to use with Visually appealing interface.
Trading transactions are user friendly and easy to follow, saving real time and assuring confidence in users.
This is really cool. Well done.
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