Investment process

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Making your first investment takes a few simple steps. Once you’ve completed them, subsequent investments are much faster and easier.

1. Create your account

Sign up with your email and Spring sets up a secure wallet for you, or connect a
wallet you already use. One account covers everything you do on Spring, whether
you're investing or raising.

2. Confirm your eligibility

Full identity verification isn't required to browse on Spring — it only applies later, when you want to invest, claim equity-backed tokens or claim proceeds to any liquidity event. This means completing KYC (or KYB, plus identity verification for the majority or beneficial owner, if investing through a business) before you commit funds.

If you're investing as a US, UK or EU resident, verifying your accredited investor status is part of this same check.

3. Choose a project

Explore the companies currently raising on Spring and review their product, team, goals, milestones, and raise terms. Once you find an opportunity you want to back, you can choose to invest and move on to selecting your investment amount.

4. Choose your amount
Enter how much you'd like to commit. A minimum applies to every raise, and in a private round your commitment is also capped at the maximum the founder has set for you. Minimum and maximum are configurable, they are not the same for every raise.

5. Review and sign the investment agreement

This is the document that governs your investment — the terms, the holding
period, and what your tokens entitle you to. You'll acknowledge the disclosures
at the same time.

6. Your funds move into escrow

Once you've signed, your commitment transfers and is held until the round closes.
It stays there for the duration — there's no withdrawal before the round ends.

7. The round closes and your allocation is confirmed

When the deadline passes, the founder confirms allocations. If you were allocated less than you committed, or a public round was scaled down, the difference will be available for claim. If a private stage didn't reach its goal, you claim your funds back from the fundraising pool.

8. Your position is activated

The company's legal structure is set up before your position goes live — expect around a week, though it can vary. Your contract is created when the round closes but stays locked until legal set up completes.

9. Your tokens vest

Once active, your tokens follow the vesting schedule for the raise — its cliff, duration, and monthly unlock rate. Tokens and vesting positions can't be transferred during the first 12 months. After the holding period you can sell through our's trading mechanism. See “After you invest” for detail.

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If you're taking part in a private roadshow

Founders running a private round may share confidential material with invited investors — financials, legal structure, intellectual property. Where that happens, you'll be asked to sign a non-disclosure agreement before you get access.

That's separate from the subscription agreement and covers only the confidential material. Public listing information and high-level introductory briefs don't require one.

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