At the Crowdfunding Professional Association (CfPA), we are proud to represent the voice of the regulated investment crowdfunding industry—a sector that has become a powerful engine for innovation, entrepreneurship, and inclusive economic growth across the United States.

In response to the House Financial Services Committee’s recent request for feedback on capital formation, we submitted a comprehensive letter outlining key reforms urgently needed to modernize Regulation Crowdfunding (Reg CF) and related exemptions. These reforms are critical to ensure that crowdfunding continues to thrive as a competitive, accessible, and transformative force in U.S. capital markets.

Since Reg CF was introduced through the JOBS Act of 2012, it has grown from a bold experiment into a proven success:

• Over 8,500 securities offerings

• $2.2 billion raised from more than 2 million Americans

• $7.5 billion in economic impact

• Nearly 400,000 jobs created

• $80 billion in estim

In a statement published February 4^th titled “The Journey Begins,” SEC Commissioner Hester Peirce, as the newly appointed SEC Crypto Task Force leader, compares the SEC’s past crypto regulation to a chaotic road trip and expresses her desire to create a clearer, more practical regulatory framework.   

She also asserts that the Commission will uphold its authority and enforce regulations without being pressured or overridden. From the statement:

“Third, the Task Force wants to travel to a destination where people have great freedom to experiment and build interesting things, and which will not be a haven for fraudsters. One of the reasons the U.S. capital markets are so robust, efficient, and effective is that we have rules designed to protect investors and the integrity of the marketplace, and we enforce those rules. We do not tolerate liars, cheaters, and scammers.”

“Where Congress has directed the Commission to impose requirements on ...more

For the first time ever, we're thrilled to announce that our 2025 State of the Industry Report will be available for free,! This 150-page report provides unparalleled insights into the latest trends, challenges, and opportunities in investment crowdfunding.

Here’s the best part: Survey participants will be the first to receive this comprehensive report—before anyone else.

Your voice matters. By completing our quick survey, you’ll:

• Contribute to shaping the future of investment crowdfunding.

• Gain exclusive early access to the 2025 report.

• Help us uncover actionable insights for the industry.

Don’t miss out on this opportunity to make an impact and receive the industry’s most valuable resource for free.

Take the Survey Now

All responses are confidential and reported in aggregate. The survey takes less than 5 minutes to complete.

Thank you for helping shape the future of crowdfunding!

The survey deadline is January 25, 2025.

Key provisions of the Tax Cuts and Jobs Act (TCJA), signed into law by former President Donald Trump in December 2017 are set to expire at the end of 2025 unless extended or modified by Congress. A new tax bill is likely to be enacted.

Background

The passage of the bipartisan JOBS Act ushered in Regulation Crowdfunding (Reg CF) and since May of 2016, over 8,500 companies or investment campaigns have raised over $2.2B in capital from more than 2 million ordinary Americans – typically in amounts averaging $1,400 per investment. Only US companies can raise funds using Regulation Crowdfunding and these companies demonstrate remarkable resilience and durability, with failure rates below 10% - far lower than the 75% failure rate of VC-backed startups and the 50% failure rate for small businesses (as reported by BLS over a five-year period). Over $7.5B in economic activity has been generated which has created or supported over 400,000 jobs. Successfully funded companies across all 50...more

FOR IMMEDIATE RELEASE

Contact: Rose Kauzeni 

Community Coordinator

Crowdfunding Professional Association (CfPA)

Email: coordinator@cfpa.org

Website: https://CfPA.org 

CfPA Highlights Achievement and Innovation at Inaugural Industry Awards Ceremony

Leading voice of the Regulated Investment Crowdfunding industry announces winners of industry awards following a successful 2024 Washington D.C. Summit  

Washington, D.C. (October 24, 2024) The Crowdfunding Professional Association (CfPA) is pleased to announce the winners of the inaugural CfPA Industry Awards, presented at the end of the CfPA hosted and organized Regulated Investment Crowdfunding Summit 2024. This prestigious event celebrated the most innovative minds and impactful projects shaping the future of the regulated investment crowdfunding industry.

The awards honor excellence across five key categories, highlighting success stories and pioneers driving positive change in the sector. 

1: Social Impact Award (Ti...more

This post was originally published on Superpowers for Good by @Devin Thorpe.

In This Episode, I Uncover @Jason Fishman ’s Insight on How to Drive Traffic to Your Reg CF Campaign and Why Social Proof Is Key to Success

Devin: What's your superpower?

Jason: I think it's around getting people excited.

In today’s episode of Superpowers for Good, I had the pleasure of speaking with Jason Fishman, Co-Founder and CEO of Digital Niche Agency (DNA), as well as the host of the "Test. Optimize. Scale." podcast. Jason shared invaluable insights into what it takes to market a regulated investment crowdfunding campaign successfully.

One key takeaway from our discussion is how critical it is to drive enough traffic to your campaign page. Jason pointed out that many founders believe that simply launching their offering will magically bring investors to their door. The truth, as he explained, is far from that. "You probably need 50,000 visitors per million dollars raised on a Reg CF," Jason said, emphas...more