Step 1: Fill in a simple application form to collect some data about you and your business
Step 2: Have a 30-minute call to help us understand you and your business better, and your specific fundraising requirements. In this call we will outline our process in detail and answer any questions that you may have.
Step 3: We sign a non-disclosure agreement (NDA) and a brokerage contract with you, and you pay our our deposit (50% of our brokerage fees) which are as follows:
KES 150K***** for fundraising targets of up to KES 5M
KES 300K***** for fundraising targets above KES 5M up to KES 10M
KES 500K***** + 2%***** of the fundraising target for any sum above KES 10M
*****Exclusive of VAT and any other relevant taxes
The brokerage contract specifies the services that we will provide you:
Step 4: We send you a data request listing the data, documents and information that is typically required by prospective investors. We review and verify the data, information and documents that you have provided and provide advice (where necessary) on any revisions or enhancements that you can make to make the offer more attractive.
Step 5: You pay the 50% balance of the brokerage fees and we create a data room that will contain all of the data, information and documents that will be shared with prospective investors during the fundraising exercise. We will also prepare a teaser document that will summarise your business and the investment opportunity which we will publish on our platform and circulate via our channels to prospective investors. Finally, we will assist you develop a term sheet which you will use to outline the main terms of the transaction and investment for prospective investors.
Step 6: We will connect you with all prospective investors that register interest in your business as we receive it. We will also provide you with a summary weekly update of all of the inquiries that we have received from prospective investors.
Step 7: Once you have closed your fundraising, or after 6 months of publishing the investment opportunity on our platform (whichever is earlier), we will offboard the investment opportunity and close the data room.
We are not involved in the actual transaction involving the transfer of shares and/or debt instruments between you and prospective investors and we limit our role to assisting you prepare your business for prospective investors. Upon your request, we can connect you with legal advisors/advocates who will assist you with the actual transaction and investor onboarding.
Are you interested in raising capital for your business? Click here to begin the process.