• What do investors pay to participate in offerings on Propel(x)?

  On brokered offerings, investors can choose to invest either directly or can invest as part of a Syndicate. Direct Investments are subject to a one-time 2% platform fee. Syndicate Investments are subject to a one-time 7.5% platform fee. If the investment generates a return, the Syndicate pays 10% carry upon exit to Propel(x). Advisors LLC, a subsidiary wholly owned by Propel(x). Inc and registered as a venture capital firm in California.Some readers

• Is there an investment minimum or maximum?

  Startups set the minimum direct investment check size that they will take from individual investors. Investors can invest as little as $5,000 into companies through Propel(x). Syndicates. We do not set maximum investment limits.Some readers

• How do I exit from an investment?

  You may exit your investment by selling your stake – in case the startup is acquired or goes public. If there is another Accredited Investor willing to buy your stock, per SEC Rule 144, you may also exit your investment by selling your stock privately, so long as you have held your stock for at least a year and are not an “affiliate” of the company (i.e., you are neither an officer of the company nor a shareholder with a greater than 10% stake in the company).The price at which you can sell yourSome readers

• How does the Propel(x) Deal Evaluation Process work?

  Propel(x). has created a shared deal evaluation process to supplement your own diligence. This allows investors to engage in Q&A directly with startup management, customers, scientific advisors, and external expert contributors. We are the only platform that actively involves external experts to contribute evaluation insights. Any investor can also refer expert(s) from their own network – you not only become an active contributor to the evaluation process, you can also benefit from other investSome readers

• Can investors invest directly in offerings on Propel(x)?

  Yes, investors can invest directly on private securities offered by Hubble Investments, a Propel(x). subsidiary and registered broker dealer. The startup sets the direct investment amount minimum, which is further, specified in the Deal Terms of each deal profile. Direct investors establish a direct relationship with the startup and have a 0% carry upon exit, although there is still a one-time 2% transaction fee. Direct Investments are available on any security marked “Deal Type: Brokered” on tSome readers

• What is Hubble Investments and what do they do?

  Private placement offerings indicated as “deal type: brokered” on Propel(x), will be conducted through Hubble Investments, a Propel(x). affiliate. Hubble Investments is a broker dealer and member FINRA / SIPC.Some readers

• Who qualifies as an "accredited investor"?

  Under the SEC’s Rule 501, a person can qualify as an accredited investor either of two ways: By having an individual net worth or joint net worth with a spouse exceeding $1 million at the time of the investment, excluding the value of a primary residence (and any related indebtedness); or By having an individual annual income exceeding $200,000 in each of the two most recent years, or a joint annual income with a spouse exceeding $300,000 for those years, and a reasonable expectation of the samSome readers

• How does the Propel(x) process work after a startup is published on our website?

  Propel(x). uses a rigorous screening process when deciding which companies are invited to list on the platform. Startup applications are screened and curated on the basis of certain criteria, many of which are described here. Hubble Investments, LLC, a Propel(x). affiliate, reviews the deal profile, approves a deal for listing and starts the Indication of Interest Phase. Propel(x). then announces the deal to the entire investor base Every startup goes through an Evaluation process.Some readers

• What services does Hubble Investments provide?

  Hubble Investments will perform additional due diligence on the offering, focusing on business, financial and organizational viability of the Startup. Only investments that pass this “Broker Review” and that have received sufficient investor interest will close. A summary of the outcomes will be made available to interested investors to inform their investment decision.Few readers

• Who can invest via Propel(x)?

  Currently, only Accredited Investors can invest on Propel(x). Propel(x), takes reasonable steps to verify the accredited investor status of each prospective investor that signs up on the website. This may include a combination of checking publicly available information and gathering specific documentation from such investor as applicable. If we are unable to confirm that an investor is an accredited investor, his/her Propel(x), account will be promptly deactivated.Few readers

• What is restricted startup content and why must I request access from the startup first?

  Pitch deck, financial and IP related documents, webcast videos (investor calls or startup webinars) are under “lock and key” as part of each startup profile. To access this restricted content, you will need the startup’s approval first, which is typically given within 24 hours. The reason for restricted access is to help startups protect the details of their deep-technology from potential competitors — this is also why we ask for your LinkedIn URL. Investors can freely explore other informationFew readers

• What is Propel(x)?

  Propel(x), is an angel investment platform for deep technology companies. To date, we have helped 40+ companies raise over $9M in funding from our community of accredited angel, institutional investors, and Hubble Investments.Few readers

• Will I have the opportunity to do my own diligence on startups?

  Yes absolutely! Getting your questions answered as you evaluate a startup is critical before making an investment. We encourage you to conduct your own diligence. Additionally, we are here to help. Propel(x) has built a platform to facilitate shared deal evaluation among investors. For the startups that interest you, you can: Explore information available in the startup profile–this includes a description of the startup, their pitch video, team members, deal terms, and calendar events. Delve dFew readers

• How will I be updated on a company’s progress once a deal has closed?

  Propel(x). will facilitate sharing of updates form the startup to investors who invest either through a Propel(x). syndicate or directly into the company. Propel(x). will forward updates as they come in and will strive to send updates on at least a quarterly basis.Few readers

• How does Propel(x) curate startups?

  Propel(x). follows a set of qualifying criteria to curate startups showcased to investors. Please refer to ‘What are Propel(x)’s criteria for publishing a startup?’ in the Startup Topics section belowFew readers