Regulation Crowdfunding · First wave

Regulation Crowdfunding

Every Form C on EDGAR, counted by filing date: new offerings, target capital, and which portals the market is forming on.

Open offerings

0

of 0 published in this category

Live series

8

latest print 2026-10-31

Reg CF Offering Outcomes by Cohort

20.7%

Monthly · 2025-03-31

Opportunities · Pro

Open offerings and new filings

Flow · Pro

How much capital is forming, and how fast

AltStreet's own enumeration of SEC Form C filings via poll-form-c, counted by SEC filing date. Not an official SEC count.

Price

What the category's market is doing

Reg CF securities have no secondary market price. The flow layer is the market.
Reg CF Offering Outcomes by Cohort
Monthly · percent · AltStreet derived

20.7%

2025-03-31 · +2.7 pts vs prior print

Source: AltStreet issuer timelines from SEC Crowdfunding Offerings data sets + EDGAR form ledger · link · CSV

METHODOLOGY

For each monthly cohort of Regulation Crowdfunding offerings (Form C, by SEC filing date), the share funded, in percent: offerings whose latest Form C-U progress update reports the target met or an amount raised at or above the stated target. The C-U progress field is free text on the form; AltStreet parses the dollar figure and the outcome words from it. The secondary value is the share that failed (the progress update says the offering closed without reaching its target), withdrew (Form C-W), terminated reporting (Form C-TR) or went dark (no progress update or annual report twelve or more months after the Form C). Raw carries the full status mix including 'progress' (a C-U below target or without an amount) and 'reporting' (latest filing is an annual report). Written once the cohort is 18 months old, when a raise has closed and the first annual report has fallen due. Offerings are chained through the same issuer's lifecycle filings; every print is recomputed from the whole table each run. Complements AltStreet Reg CF Completion by Cohort, which counts any C-U as a funded-or-nearly proxy; this series requires the target to have been reached.

Outcome

What investors got versus what was promised

Completion by cohort (share of offerings reaching a progress update), withdrawal rate, and annual-report compliance by vintage with its survival curve, from the SEC's structured Form C data plus AltStreet's market-wide ledger. Non-filing is a disclosure gap, not proof of failure.

Not collected yet. The source is identified above and this section fills in when the collector ships.