Who holds investor funds during a raise?
Not Invown. When investors commit money to a raise on Invown, their funds are held in escrow with a bank — Enterprise Bank & Trust or Luminate Bank, as applicable to the offering — until closing. Invown Funding Portal LLC is not a registered broker-dealer and does not hold investor funds.
Reg CF offerings on Invown run through Invown Funding Portal LLC, a funding portal registered with the SEC and a member of FINRA. Escrow and holding-funds services for offerings on the site are provided by Enterprise Bank & Trust and Luminate Bank, as applicable to the offering.
What this means while a raise is open
- Investor commitments sit in escrow at the bank, not in Invown’s accounts.
- Funds stay in escrow until the offering closes.
- Investors pay no transaction fees when they invest through Invown.
What escrow costs you as an issuer
Escrow setup is a one-time fee that varies by plan: $1,500 on Starter, $1,200 on Professional, and $1,000 on Syndicator. It is part of your one-time onboarding costs, not a recurring charge — the full breakdown is on the pricing page. For scale: on a $1,000,000 raise open four months on the Syndicator plan, the $1,000 escrow setup is part of a $28,495 all-in cost, or 2.85% of the amount raised. You can run your own numbers on the savings calculator.
Investments on Invown are speculative, illiquid, and involve a high degree of risk, including the possible loss of your entire investment. The intermediary facilitating a given offering is identified in that offering’s documentation. If your question is about the escrow arrangements of a specific offering, check its offering documents or reach out via support.
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What does it cost to raise on Invown?Do investors pay any fees to invest?What marketing help does Invown offer, and what does it cost?Still stuck? Ask us directly — we typically reply within one business day.
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