Otonomos is opening its first external funding round at 9 a.m. Pacific Time on Wednesday 31 May 2023.
As you’d probably expect from us, we wanted to go about this in a bit of a different way:
1. Clients and community get first dibs
First, we wanted to give our clients and community first dibs by offering them early access to our raise on the most favorable terms.
2. Fully online
Second, we built our own funding platform so investors can complete the process entirely online, from registration to legal documents to subscription payments.
3. Fully compliant
Third, to comply with securities laws as they stand, we’re limiting our offering to existing clients and pre-existing contacts of Otonomos who self-accredit online.
4. Fully transparent
No side letters, no favoritism, no backroom deals: for approved users, our online platform shows the status of the fundraise in realtime and gives full transparency on deal terms and cap table.
5. Fully tokenized equity payable in crypto
We’re tokenizing our equity by giving investors mirror tokens that map their rights to traditional legal round documents.
And one more thing: in addition to fiat, all subscriptions can be paid for in crypto.
Pre-register here to secure access to our online investor portal and unlock the best terms.