BoxablReg CF
$4.6M in 2023
Boxabl reached the Reg CF cap quickly, opening access for everyday investors.
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Reg CF vs Reg A+
New to startup investing? This quick guide explains how Reg CF and Reg A+ work—who can invest, how much companies can raise, and which filings to look for—so you can decide with confidence.
TL;DR — The short answer
- Reg CF: raise up to $5 million per 12 months via Form C. Anyone can invest; many non-accredited investors have annual limits.
- Reg A+: raise up to $75 million per 12 months via Form 1-A. Anyone can invest; no investor-level cap.
- When to use: CF fits early-stage momentum; A+ fits growth-stage or pre-IPO scale.
- Reporting: CF = annual; A+ = semiannual/annual for many issuers.
- Where: StartEngine, Wefunder, Republic (CF); SeedInvest, StartEngine, broker-dealer routes (A+).
Getting started
Anyone can invest in startups
Reg CF and Reg A+ opened private markets to the crowd. Learn the basics before you deploy capital.
Not all offerings are equal
Compare disclosures, raise limits, and reporting cadence to fit your goals and risk tolerance.
Real Startup Examples
ApteraReg A+
$30M+ in 2024
Aptera scaled nationwide via Reg A+, attracting both retail and accredited investors.
At-a-Glance Comparison
Reg CF
Startup CrowdfundingUp to $5M/year
Anyone can invest (many non-accredited investors have annual limits)
Reg A+
Scale-Up / Pre-IPOUp to $75M/year
Anyone can invest, no investor-level cap
Deep Dive: Regulation Details
Side-by-side differences with plain-English context and real examples.
Reg CF
Reg A+
Maximum Raise
Larger caps suit growth and brand-scale rounds; CF’s cap fits seed/launch.
e.g. Boxabl hit the Reg CF limit: $4.6M
$5 million
$75 million
Who Can Invest?
Both open the door to retail; minimums vary by issuer.
e.g. Some CF offerings accept a few hundred dollars as a minimum.
Anyone (annual limits for many)
Anyone (no investor-level cap)
SEC Filing
Form 1-A requires more work, enabling bigger raises and broader marketing.
e.g. Aptera filed a 1-A to run a national Reg A+ raise.
Form C
Form 1-A
Reporting
More frequent reporting can improve transparency and trust.
e.g. Some Reg A+ issuers provide semiannual updates.
Annual updates
Semiannual/Annual
Best For
CF is ideal for launch momentum; A+ fits scaling and brand reach.
e.g. Parallel Flight used Reg CF; Aptera leveraged Reg A+ to scale.
Startups / Early stage
Growth / Pre-IPO
Popular Platforms
Portals often support multiple regs; issuers may list on more than one channel.
e.g. Boxabl raised with StartEngine; Aptera used Republic/SeedInvest.
StartEngine, Wefunder, Republic
SeedInvest, StartEngine, Dalmore
Note: Educational content only; not legal or investment advice. Confirm current rules and offering documents before investing.
Reg CF vs Reg A+: FAQ
How much can I invest personally?
Reg CF may apply annual limits based on your income and net worth if you’re not accredited. Reg A+ has no investor-level cap, though offerings can set their own minimums.
Is Reg A+ safer than Reg CF?
Not necessarily. A+ requires more disclosure and reporting, but all private investments carry risk. Always read the offering documents and evaluate fundamentals.
Where do I find live deals?
Reg CF: StartEngine, Wefunder, Republic. Reg A+: StartEngine, SeedInvest, or broker-dealer channels like Dalmore. Many issuers also list on their own websites.
Build your private-investment tracker
Skip to content
Reg CF vs Reg A+
New to startup investing? This quick guide explains how Reg CF and Reg A+ work—who can invest, how much companies can raise, and which filings to look for—so you can decide with confidence.
TL;DR — The short answer
- Reg CF: raise up to $5 million per 12 months via Form C. Anyone can invest; many non-accredited investors have annual limits.
- Reg A+: raise up to $75 million per 12 months via Form 1-A. Anyone can invest; no investor-level cap.
- When to use: CF fits early-stage momentum; A+ fits growth-stage or pre-IPO scale.
- Reporting: CF = annual; A+ = semiannual/annual for many issuers.
- Where: StartEngine, Wefunder, Republic (CF); SeedInvest, StartEngine, broker-dealer routes (A+).
Getting started
Anyone can invest in startups
Reg CF and Reg A+ opened private markets to the crowd. Learn the basics before you deploy capital.
Not all offerings are equal
Compare disclosures, raise limits, and reporting cadence to fit your goals and risk tolerance.
Real Startup Examples
BoxablReg CF
$4.6M in 2023
Boxabl reached the Reg CF cap quickly, opening access for everyday investors.
ApteraReg A+
$30M+ in 2024
Aptera scaled nationwide via Reg A+, attracting both retail and accredited investors.
At-a-Glance Comparison
Reg CF
Startup CrowdfundingUp to $5M/year
Anyone can invest (many non-accredited investors have annual limits)
Reg A+
Scale-Up / Pre-IPOUp to $75M/year
Anyone can invest, no investor-level cap
Deep Dive: Regulation Details
Side-by-side differences with plain-English context and real examples.
Reg CF
Reg A+
Maximum Raise
Larger caps suit growth and brand-scale rounds; CF’s cap fits seed/launch.
e.g. Boxabl hit the Reg CF limit: $4.6M
$5 million
$75 million
Who Can Invest?
Both open the door to retail; minimums vary by issuer.
e.g. Some CF offerings accept a few hundred dollars as a minimum.
Anyone (annual limits for many)
Anyone (no investor-level cap)
SEC Filing
Form 1-A requires more work, enabling bigger raises and broader marketing.
e.g. Aptera filed a 1-A to run a national Reg A+ raise.
Form C
Form 1-A
Reporting
More frequent reporting can improve transparency and trust.
e.g. Some Reg A+ issuers provide semiannual updates.
Annual updates
Semiannual/Annual
Best For
CF is ideal for launch momentum; A+ fits scaling and brand reach.
e.g. Parallel Flight used Reg CF; Aptera leveraged Reg A+ to scale.
Startups / Early stage
Growth / Pre-IPO
Popular Platforms
Portals often support multiple regs; issuers may list on more than one channel.
e.g. Boxabl raised with StartEngine; Aptera used Republic/SeedInvest.
StartEngine, Wefunder, Republic
SeedInvest, StartEngine, Dalmore
Note: Educational content only; not legal or investment advice. Confirm current rules and offering documents before investing.
Reg CF vs Reg A+: FAQ
How much can I invest personally?
Reg CF may apply annual limits based on your income and net worth if you’re not accredited. Reg A+ has no investor-level cap, though offerings can set their own minimums.
Is Reg A+ safer than Reg CF?
Not necessarily. A+ requires more disclosure and reporting, but all private investments carry risk. Always read the offering documents and evaluate fundamentals.
Where do I find live deals?
Reg CF: StartEngine, Wefunder, Republic. Reg A+: StartEngine, SeedInvest, or broker-dealer channels like Dalmore. Many issuers also list on their own websites.
Build your private-investment tracker