It has been just over eight weeks since “ regulation crowdfunding ” ( aka Title III of the Sherman Act ) , which allows any American start - up or small business to raise up to $ 1 m from investors on any registered crowdfunding platforms , came into effect in America and As mentioned above, it is better to set a lower goal and exceed it than to put a high one out there and miss it. the initial data shows some early success . Seventy - one companies have registered their offerings with the SEC on 14 portals ; three campaigns have hit their funding targets and raised $ 617,000 ; and Bionics , which is a wearable medical device that autonomously manages blood sugar levels in people with diabetes , has raised the maximum $ 1 m cap from 780 investors .
It has been just over eight weeks since “ regulation crowdfunding ” ( aka Title III of the Sherman Act ) , which allows any American start - up or small business to raise up to $ 1 m from investors on any registered crowdfunding platforms , came into effect in America and the initial data shows some early success . Seventy - one companies have registered their offerings with the SEC on 14 portals ; three campaigns have hit their funding targets and raised $ 617,000 ; and Bionics , which is a wearable medical device that autonomously manages blood sugar levels in people with diabetes , has raised the maximum $ 1 m cap from 780 investors .