Feature · Before you raise
Checks that tell investors you are who you say you are
Photo ID and a selfie for you, a bad actor questionnaire for everyone who has a role in the deal, and sanctions screening for every investor.
Free to start. You pay nothing until you submit a deal.
What we checked · Example
- Sponsor identity and backgroundID matched, no Rule 506(d) issuesVerified
- Purchase contractSigned, price matches the pageVerified
- Title commitmentConfirmed with the title companyVerified
- Lender term sheetConfirmed with the lenderVerified
- ProjectionsThe sponsor’s estimates. Not verified.
What it is
Rule 506 offerings have rules about who may take part. Anyone who owns 20% or more, is an officer, or is paid to promote the deal has to answer a “bad actor” questionnaire, and nobody on a sanctions list may be dealt with. DoorRaise runs these checks, keeps the records and shows investors that they were done.
How it works
1
You verify your ID
A two-minute check with a government photo ID and a selfie, through Stripe. We keep the result and the name on the ID, never the ID itself.
2
Everyone with a role answers
You list the 20% owners, officers and paid promoters. Each one gets an email with a short questionnaire and signs it.
3
Investors are screened
Before an investor signs, and again after each daily refresh of the federal sanctions lists, their name is screened. Possible matches go to a person at DoorRaise, and nobody is cleared or blocked by a machine alone.
4
The record stays with the deal
Every certificate and result is saved, so an attorney or regulator can ask for it years later.
How it creates value
Your raise stands on solid ground
A bad actor event, missed and discovered later, can cost a sponsor the exemption for the whole raise.
Investors see the checks
The deal page lists what was verified, which is more than most private deals offer.
No paperwork chasing
We email the questionnaires, remind people who have not answered and tell you when everyone is done.
Why you need it
These checks are not optional, and doing them by hand across a handful of owners, officers and dozens of investors is easy to get wrong.
Without it
- Questionnaires sent by email and tracked in a spreadsheet
- Sanctions lists checked once, if at all
- No single record to show an attorney
With DoorRaise. Covered by the $5,000 closing fee, which also covers the background and document checks. See pricing.
Questions
What is a bad actor?
Someone with certain court orders, regulatory actions or criminal convictions listed in Rule 506(d). A “no” answer is what lets the offering use the exemption.
Do you keep a copy of my ID?
No. Stripe runs the check and tells us the result. We keep the status and the name on the ID.
Does a possible sanctions match block an investor?
No. A person reviews it first. Many matches turn out to be a different person with a similar name.
Ready to raise your first deal?
Create your free sponsor page. You don’t need a deal yet.
DoorRaise checks facts, like identity and the property documents. We don’t pick, rank or recommend deals, and we don’t promise returns. DoorRaise isn’t a law firm and can’t give legal advice about your own situation. Offers on DoorRaise are open to accredited investors only.