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Transizion

EdTech mentorship platform connecting students and professionals to improve college & career outcomes

  • $177,000Amount raised
  • $1,000Minimum
  • $7,000,000Valuation cap

Purchased securities are not listed on any exchange. A secondary market for these securities does not currently exist and may never develop. You should not purchase these securities with the expectation that one eventually will.

Transizion is offering securities under both Regulation CF and Regulation D through SI Securities, LLC ("SI Securities"). SI Securities is an affiliate of SeedInvest Technology, LLC, a registered broker-dealer, and member FINRA/SIPC. SI Securities will receive cash compensation equal to 7.50% of the value of the securities sold and equity compensation equal to 5.00% of the number of securities sold. Investments made under both Regulation CF and Regulation D involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest. Furthermore, this profile may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. Investors should review the risks and disclosures in the offering's draft. The contents of this profile are meant to be a summary of the information found in the company’s Form C. Before making an investment decision, investors should review the company’s Form C for a complete description of its business and offering information, a copy of which may be found both here and below.


Company Highlights

  • Achieved $860K+ in revenue since launch in 2019 (unaudited), despite raising only $30K in capital from Peritus Investments. Projecting to achieve a revenue run rate of $1-2M in 2022.
  • Established B2C model with an average customer value of $5.5K, with a 98% customer retention rate YTD, 98% customer satisfaction rating, and 55%+ gross margin. In discussions with schools in NYC, with planned rollouts in California and Texas to provide B2B model for social impact.
  • Hired and retained 60 mentors, and paid out over $250k to mentors who have partnered with students and families.
  • The total market opportunity is to provide mentorship to 15 million high school students in the US from all walks of life.
  • Invited to the selective OnRamp + ECMC Education and Workforce Accelerator, and has been featured in BBC, NBC, American Express, New York Post.

Fundraise Highlights

  • Total Amount Raised: US $177,000
  • Total Round Size: US $1,500,000
  • Raise Description:  Seed
  • Minimum Investment:  US $1,000 per investor
  • Security Type:  SAFE Note   (SWIFT)
  • Offering Type:   Side by Side Offering

Tiered Valuation Cap

  • Valuation Cap:  US $5,000,000 before Oct 5, 2022
  • Valuation Cap Schedule: See Full Schedule

Transizion's mentorship platform is helping students improve their college & career trajectories while allowing young professionals to monetize their career expertise. The platform features a matching algorithm, mentorship training academy, and more.


Problem:

Teenagers receive, on average, less than 10 minutes of college & career guidance each year. The current options in the market can be expensive and inaccessible to all but the wealthiest families.

Meanwhile, 80% of young professionals are in debt and falling behind.

-----------------------------------

Solution:

Transizion brings these markets together. We help young professionals monetize their mentorship skills by pairing them with students in their field of expertise.

Transizion’s platform, CollegeRize, is a one-stop platform for every student's academic and career needs. The CollegeRize platform features an online community, mentorship training academy, research database, matching algorithm, educational  literature, and a workflow tool that empowers mentors to provide better, faster, and cheaper mentoring. CollegeRize is part of our comprehensive model of lifelong education, mentorship tools, and resources. 

-----------------------------------

Traction:

We have already surpassed $860K+ in revenue in under 36 months, with only $30K in funding to date. With over 55%+ margins in our current business models, Transizion has gained strong traction and we believe is well positioned in the market.

Our B2C offering is validated in the market, so far we have over 300 customers and have achieved $860k in revenue since inception, with a 92% retention rate.

Our B2B offering is targeted be live in H2 2022, with planned pilots in NYC, California, and Texas. We will work directly with school districts to offer mentoring services to low-income students at no cost to the student or families. 

Media Mentions

The Team

Founders and Officers

- Former career ambassador at the George Washington University

- Previously founded successful college prep org

- 10+ years of mentorship experience

- Toastmasters district champion, Brazilian Jiu Jitsu purple belt, former nationally ranked boxer

Jason Patel

CEO

- Former career ambassador at the George Washington University

- Previously founded successful college prep org

- 10+ years of mentorship experience

- Toastmasters district champion, Brazilian Jiu Jitsu purple belt, former nationally ranked boxer

- Software engineer w/10 years of experience

- Built frontend, backend, and mobile apps in the ed-tech space

- Architecture lead and product management experience

Dharik Patel

CTO

- Software engineer w/10 years of experience

- Built frontend, backend, and mobile apps in the ed-tech space

- Architecture lead and product management experience

Key Team Members

Beverly Gerreauld

Operations Lead

Amity Taylor

B2B Lead

Ali Hamar

Community Lead

Notable Advisors & Investors

Joe Baroudi

Investor, Angel

Team Ignite Ventures

Investor, Venture Capital

ECMC

Investor, Education Foundation

Terry Nealon

Advisor, B2B Advisor

Term Sheet

A Side by Side offering refers to a deal that is raising capital under two offering types. Investments made through the SeedInvest platform are offered via Regulation CF and subject to investment limitations further described in the Form C and/or subscription documents. Investments made outside of the SeedInvest platform are offered via Regulation D and requires one to be a verified accredited investor in order to be eligible to invest.

Fundraising Description

  • Round type:
    Seed

  • Round size:
    US $1,500,000

  • Raised to date:
    US $177,000
    US $2,000 (under Reg CF only)

  • Minimum investment:
    US $1,000

  • Target Minimum:
    US $500,000
  • Key Terms

  • Security Type:
    Tiered SAFE Note  (SWIFT)

  • Valuation Cap:
    US $5,000,000 no later than Oct 4, 2022
  • Additional Terms

  • Custody of Shares

    Investors who invest less than $50K  will have their securities held in trust with a Custodian that will serve as a single shareholder of record. These investors will be subject to the Custodian’s Account Agreement, including the electronic delivery of all required information.


  • You are investing in a SAFE

    You are investing in a SAFE, not a convertible note. A SAFE is a convertible security that is not debt, while a convertible note is debt. A convertible note includes an interest rate and maturity date, at which time a noteholder would be able to demand repayment. A SAFE does not have these features. In addition, your investment in a SAFE will be subordinate to true unsecured debt. Both SAFEs and convertible notes convert into equity in a future priced equity round, but there is a chance they will never convert to equity. For SAFE’s in particular, again, there is no interest and no maturity, and repayment is not required.


  • Total Amount Raised:

    The total amount raised may include investments made outside of the SeedInvest platform via Regulation D, some of which are counting towards escrow. Approximately $100,000 has been raised prior to the launch of the SeedInvest campaign. The earliest investment counted towards the escrow target was made on June 3, 2022. There is no guarantee that the Company has this cash available for operations as of the date of launch. See balance sheet for current cash balance.


  • Investors that invest earlier in the Offering will be rewarded with a lower valuation.

    The base valuation cap is $7,000,000; however, investors that confirm their investment no later than October 4th, 2022 (at 11:59 PM ET) will have a valuation cap of $5,000,000. Investors that confirm their investment after October 4th, 2022 (at 11:59 PM ET) will have a valuation cap equal to the base of $7,000,000.  


  • Closing conditions:
    While Transizion has set an overall target minimum of US $500,000 for the round, Transizion must raise at least US $25,000 of that amount through the Regulation CF portion of their raise before being able to conduct a close on any investments made via Regulation CF. For further information please refer to Transizion's Form C.

  • Regulation CF cap:
    While Transizion is offering up to US $1,500,000 worth of securities in its Seed, only up to US $1,070,000 of that amount may be raised through Regulation CF.

  • Transfer restrictions:
    Securities issued through Regulation CF have a one year restriction on transfer from the date of purchase (except to certain qualified parties as specified under Section 4(a)(6) of the Securities Act of 1933), after which they become freely transferable. While securities issued through Regulation D are similarly considered "restricted securities" and investors must hold their securities indefinitely unless they are registered with the SEC and qualified by state authorities, or an exemption from such registration and qualification requirements is available.

  • Total Amount Raised:
    The Total Amount Raised may include investments made outside of the SeedInvest platform via Regulation D. Off-platform investments from non-affiliates completed after the determination of the escrow target may be counted towards that escrow target.

  • Use of Proceeds

    Investor Perks

    Anyone who invests $5,000-$9,999 will receive thank-you features on Transizion's website and YouTube channels (projected to have over 3 million readers and viewers this year) + customized wine and beer

    Anyone who invests $15,000-$29,999 will have a Transizion scholarship named after them + previous perks. Scholarships will go to underserved students who need help applying, planning, and paying for college.

    Anyone who invests $30,000+ will receive an in-depth YouTube profile or interview on themselves or any social-impact topic they're passionate about + previous perks


    It is advised that you consult a tax professional to fully understand any potential tax implications of receiving investor perks before making an investment.

    Please note that due to share price calculations, some final investment amounts may be rounded down to the nearest whole share - these will still qualify for the designated perk tier. Additionally, investors must complete the online process and receive an initial email confirmation by the deadline stated above in order to be eligible for perks.

    Prior Rounds

    The graph below illustrates the valuation cap or the pre-money valuation of Transizion's prior rounds by year.


    This chart does not represent guarantees of future valuation growth and/or declines.

    Pre-Seed

  • Round Size
    US $30,000
  • Closed Date
    May 1, 2021
  • Security Type
    SAFE Note
  • Valuation Cap
    US $4,000,000
  • Market Landscape

    Education Technology market growth from 2016 - 2020


    Whereas traditional college counselors rarely make use of technology and data, Transizion uses matching algorithms, data-driven insights, and automated communication tools to provide a better, faster, and more affordable experience for students. High school guidance counselors are overworked and underpaid. High schools are unable to provide personalized guidance to each and every student. As schools become overburdened, we believe they will need our help. 

    The market is in need of a tech-enabled, next-generation solution. Transizion aims to fill the college and career guidance gaps for all students.

    ------------------------------------------------

    Our total market size is $20B. 

    Transizion's initial target market is high school students with the intent to expand to:

    • Individual consumers (teachers, guidance counselors, parents
    • Schools (administration, districts)
    • Companies (education, philanthropic)

    Transizion uses technology and data-driven insights to provide affordable, impactful mentorship.

    Our current competition includes: 

    •  Empowerly (raised $10M)
    • Crimson Education (raised $70M)
    • CollegeVine (raised $30.7M)
    • Handshake (raised $434M): Valued at over $3.5B

    Risks and Disclosures

    Incumbent Players maintain broad market presence and economies of scale not accessible for smaller players such as Transizion. Further, existing companies that engage in the Education business or are within the EdTech space could introduce new or enhance existing products.  If a larger, better funded company markets or creates a comparable product at a lower price point, Transizion may have to reduce prices to remain competitive or could be priced out of the market. This could negatively impact the company's growth.

    You are investing in a SAFE, not a convertible note. A SAFE is a convertible security that is not debt, while a convertible note is debt. A convertible note includes an interest rate and maturity date, at which time a noteholder would be able to demand repayment. A SAFE does not have these features. In addition, your investment in a SAFE will be subordinate to true unsecured debt. Both SAFEs and convertible notes convert into equity in a future priced equity round, but there is a chance they will never convert to equity. For SAFE’s in particular, again, there is no interest and no maturity, and repayment is not required.

    Investors that invest earlier in the Offering will be rewarded with a lower valuation. The base valuation cap is $7,000,000; however, investors that confirm their investment no later than October 4, 2022 (at 11:59 PM ET) will have a valuation cap of $5,000,000. Investors that confirm their investment after October 4, 2022 (at 11:59 PM ET) will have a valuation cap equal to the base of $7,000,000.  

    The outbreak of the novel coronavirus, COVID-19, has adversely impacted global commercial activity and contributed to significant declines and volatility in financial markets. The coronavirus pandemic and government responses are creating disruption in global supply chains and adversely impacting many industries. The outbreak could have a continued material adverse impact on economic and market conditions and trigger a period of global economic slowdown. The rapid development and fluidity of this situation precludes any prediction as to the ultimate material adverse impact of the novel coronavirus. Nevertheless, the novel coronavirus presents material uncertainty and risk with respect to the Funds, their performance, and their financial results.

    The development and commercialization of the Company’s products and services are highly competitive. It faces competition with respect to any products and services that it may seek to develop or commercialize in the future. Its competitors include major companies worldwide. The EdTech market is an emerging industry where new competitors are entering the market frequently. Many of the Company’s competitors have significantly greater financial, technical and human resources and may have superior expertise in research and development and marketing approved services and thus may be better equipped than the Company to develop and commercialize services. These competitors also compete with the Company in recruiting and retaining qualified personnel and acquiring technologies. Smaller or early stage companies may also prove to be significant competitors, particularly through collaborative arrangements with large and established companies. Accordingly, the Company’s competitors may commercialize products more rapidly or effectively than the Company is able to, which would adversely affect its competitive position, the likelihood that its services will achieve initial market acceptance and its ability to generate meaningful additional revenues from its products and services.

    The Company has not prepared any audited financial statements. Therefore, investors have no audited financial information regarding the Company’s capitalization or assets or liabilities on which to make investment decisions. If investors feel the information provided is insufficient, then they should not invest in the Company.

    The Company’s success depends on the experience and skill of the board of directors, its executive officers and key employees. In particular, the Company is dependent on Jason Patel and Dharik Patel. There can be no assurance that they will continue to be employed by the Company for a particular period of time. The loss of the Company's key employees or any member of the board of directors or executive officer could harm the Company’s business, financial condition, cash flow and results of operations.

    Investors who invest less than $50,000 will have their securities held in trust with a Custodian that will serve as a single shareholder of record. These investors will be subject to the Custodian’s Account Agreement, including the electronic delivery of all required information

    The reviewing CPA has included a “going concern” note in the reviewed financials. The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has a net operating loss of $75,102 and an accumulated deficit of $250,148 as of December 31, 2021. The Company’s ability to continue as a going concern in the next twelve months following the date the financial statements were available to be issued is dependent upon its ability to produce revenues and/or obtain financing sufficient to meet current and future obligations and deploy such to produce profitable operating results.Management has evaluated these conditions and plans to generate revenues and raise capital as needed to satisfy its capital needs. During the next twelve months, the Company intends to fund its operations through debt and/or equity financing. There are no assurances that management will be able to raise capital on terms acceptable to the Company. If it is unable to obtain sufficient amounts of additional capital, it may be required to reduce the scope of its planned development, which could harm its business, financial condition, and operating results. The accompanying financial statements do not include any adjustments that might result from these uncertainties.

    On September 30, 2020, the Company entered into a Line of Credit agreement with The PNC Financial Services Group Inc. The credit facility size $25,000. The interest rate is 11.36%. The total outstanding balance as of December 31, 2021, and December 31, 2020, was $25,260 and $15,446, respectively. The entire balance is classified as current

    The Company entered into a Line of Credit agreement with TD Bank during fiscal year 2021. The credit facility size $25,000. The interest rate is 5.74%. The total outstanding balance as of December 31, 2021, was $25,000. The entire balance is classified as current..

    The Company entered into a Line of Credit agreement with M&T Bank during fiscal year 2021. The credit facility size $50,000. The interest rate is 6.25% per annum. The total outstanding balance as of December 31, 2021, was $49,731. The entire balance is classified as current.

    The Company entered into a Line of Credit agreement with BlueVine during fiscal year 2021. The credit facility size $15,000. The interest rate is 5.75% per annum. The total outstanding balance as of December 31, 2021, was $4,961. The entire balance is classified as current

    The Company entered into a Line of Credit agreement with Headway Capital during fiscal year 2021. The credit facility size is $33,000. The interest rate is 4.17% per month. The total outstanding balance as of December 31, 2021, was $843. The entire balance is classified as current.

    The Company has outstanding liabilities in the form of SAFEs. The Company has issued  SAFEs in 2021 for total principal approximately $30,600. The issued SAFEs have a $4,000,000 valuation with a 90% discount.

    The Company has not filed a Form D for its SAFE offering from 2021. The SEC rules require a Form D to be filed by companies within 15 days after the first sale of securities in the offering relying on Regulation D. Failing to register with the SEC or get an exemption may lead to fines, the right of investors to get their investments back, and even criminal charges. There is a risk that a late penalty could apply.

    The Company’s expenses will significantly increase as they seek to execute their current business model. Although the Company estimates that it has enough runway until end of year, they will be ramping up cash burn to promote revenue growth,  expand payroll,  further develop R&D, and fund other Company operations after the raise. Doing so could require significant effort and expense or may not be feasible.

    The Company’s SAFE is being offered without a discount. A discount sets a percentage reduction at which the SAFE may convert relative to the next qualified financing. If conversion based on the Valuation Cap of your SAFE does not offer a more favorable conversion price, your SAFE will convert at the same price as shares being sold to new investors in the next qualified financing, and you will not receive a beneficial conversion price for having invested earlier in the Company.

    The company has engaged in Related Party Transactions in the form of a Loan.  During 2022, the Company’s CEO and the shareholder, Jason Patel lent $100,000 to the Company. There is not an agreement put in place. The loan bears no interest rate and has no defined maturity date. The founder has indicated that there are no expectations for payback in the form of cash or equity. 

    The Company’s Board does not keep meeting minutes from its board meetings. Though the Company is a Delaware Corporation and Delaware does not legally require its corporations to record and retain meeting minutes, the practice of keeping board minutes is critical to maintaining good corporate governance. Minutes of meetings provide a record of corporate actions, including director and officer appointments and board consents for issuances, and can be helpful in the event of an audit or lawsuit. These recordkeeping practices can also help to reduce the risk of potential liability due to failure to observe corporate formalities, and the failure to do so could negatively impact certain processes, including but not limited to the due diligence process with potential investors or acquirers. There is no guarantee that the Company’s board will begin keeping board meeting minutes.

    The Company does not hold regular board meetings. Although the Company is not legally required to conduct regular board meetings, holding these regular meetings can play a critical role in effective management and risk oversight. Regular board meetings can help ensure that management’s actions are consistent with corporate strategy, reflective of the culture of the business, and in line with the organization’s risk tolerance. There is no guarantee that the Company will hold regular board meetings in the future. The Company has confirmed that they do have board resolutions supporting all major decisions.

    The total amount raised may include investments made outside of the SeedInvest platform via Regulation D, some of which are counting towards escrow. Approximately $100,000 has been raised prior to the launch of the SeedInvest campaign. The earliest investment counted towards the escrow target was made on June 3, 2022. There is no guarantee that the Company has this cash available for operations as of the date of launch. See balance sheet for current cash balance.

    General Risks and Disclosures

    Start-up investing is risky. Investing in startups is very risky, highly speculative, and should not be made by anyone who cannot afford to lose their entire investment. Unlike an investment in a mature business where there is a track record of revenue and income, the success of a startup or early-stage venture often relies on the development of a new product or service that may or may not find a market. Before investing, you should carefully consider the specific risks and disclosures related to both this offering type and the company which can be found in this company profile and the documents in the data room below.

    Your shares are not easily transferable. You should not plan on being able to readily transfer and/or resell your security. Currently there is no market or liquidity for theseshares and the company does not have any plans to list these shares on an exchange or other secondary market. At some point the company may choose to do so, but until then you should plan to hold your investment for a significant period of time before a "liquidation event" occurs. A "liquidation event" is when the company either lists their shares on an exchange, is acquired, or goes bankrupt.

    The Company may not pay dividends for the foreseeable future. Unless otherwise specified in the offering documents and subject to state law, you are not entitled to receive any dividends on your interest in the Company. Accordingly, any potential investor who anticipates the need for current dividends or income from an investment should not purchase any of the securities offered on the Site.

    Valuation and capitalization. Unlike listed companies that are valued publicly through market-driven stock prices, the valuation of private companies, especially startups, is difficult to assess and you may risk overpaying for your investment. In addition, there may be additional classes of equity with rights that are superior to the class of equity being sold.

    You may only receive limited disclosure. While the company must disclose certain information, since the company is at an early-stage they may only be able to provide limited information about its business plan and operations because it does not have fully developed operations or a long history. The company may also only be obligated to file information periodically regarding its business, including financial statements. A publicly listed company, in contrast, is required to file annual and quarterly reports and promptly disclose certain events through continuing disclosure that you can use to evaluate the status of your investment.

    Investment in personnel. An early-stage investment is also an investment in the entrepreneur or management of the company. Being able to execute on the business plan is often an important factor in whether the business is viable and successful. You should be aware that a portion of your investment may fund the compensation of the company's employees, including its management. You should carefully review any disclosure regarding the company's use of proceeds.

    Possibility of fraud. In light of the relative ease with which early-stage companies can raise funds, it may be the case that certain opportunities turn out to be money-losing fraudulent schemes. As with other investments, there is no guarantee that investments will be immune from fraud.

    Lack of professional guidance. Many successful companies partially attribute their early success to the guidance of professional early-stage investors (e.g., angel investors and venture capital firms). These investors often negotiate for seats on the company's board of directors and play an important role through their resources, contacts and experience in assisting early-stage companies in executing on their business plans. An early-stage company may not have the benefit of such professional investors.

    Transizion's Form C

    The Form C is a document the company must file with the Securities and Exchange Commission, which includes basic information about the company and its offering and is a condition to making a Reg CF offering available to investors. It is important to note that the SEC does not review the Form C, and therefore is not recommending and/or approving any of the securities being offered.

    Download Transizion's  Form C

    Frequently Asked Questions

    About Side by Side Offerings
    What is Side by Side?

    A Side by Side offering refers to a deal that is raising capital under two offering types. This Side by Side offering is raising under Regulation CF and Rule 506(c) of Regulation D.


    What is a Form C?

    The Form C is a document the company must file with the Securities and Exchange Commission (“SEC”) which includes basic information about the company and its offering and is a condition to making a Reg CF offering available to investors. It is important to note that the SEC does not review the Form C, and therefore is not recommending and/or approving any of the securities being offered.

    Before making any investment decision, it is highly recommended that prospective investors review the Form C filed with the SEC (included in the company's profile) before making any investment decision.


    What is Rule 506(c) under Regulation D?

    Rule 506(c) under Regulation D is a type of offering with no limits on how much a company may raise. The company may generally solicit their offering, but the company must verify each investor’s status as an accredited investor prior to closing and accepting funds. To learn more about Rule 506(c) under Regulation D and other offering types check out our blog and academy.


    What is Reg CF?

    Title III of the JOBS Act outlines Reg CF, a type of offering allowing private companies to raise up to $5 million from all Americans. Prior capital raising options limited private companies to raising money only from accredited investors, historically the wealthiest ~2% of Americans. Like a Kickstarter campaign, Reg CF allows companies to raise funds online from their early adopters and the crowd. However, instead of providing investors a reward such as a t-shirt or a card, investors receive securities, typically equity, in the startups they back. To learn more about Reg CF and other offering types check out our blog and academy.


    Making an Investment in Transizion
    How does investing work?

    When you complete your investment on SeedInvest, your money will be transferred to an escrow account where an independent escrow agent will watch over your investment until it is accepted by Transizion. Once Transizion accepts your investment, and certain regulatory procedures are completed, your money will be transferred from the escrow account to Transizion in exchange for your securities. At that point, you will be a proud owner in Transizion.


    What will I need to complete my investment?

    To make an investment, you will need the following information readily available:

    1. Personal information such as your current address and phone number
    2. Employment and employer information
    3. Net worth and income information
    4. Your accredited investor status
    5. Social Security Number or passport
    6. ABA bank routing number and checking account number (typically found on a personal check or bank statement) or debit card information, unless paying via a Wire transfer.

    How much can I invest?

    Non-accredited investors are limited in the amount that he or she may invest in a Reg CF offering during any rolling 12-month period:

    • If either the annual income or the net worth of the investor is less than $107,000, the investor is limited to the greater of $2,200 or 5% of the greater of his or her annual income or net worth.
    • If the annual income and net worth of the investor are both greater than $107,000, the investor is limited to 10% of the greater of his or her annual income or net worth, to a maximum of $107,000.

    Separately, Transizion has set a minimum investment amount of US $1,000.

    Accredited investors do not have any investment limits.


    After My Investment
    What is my ongoing relationship with the Issuer?

    You are a partial owner of the company, you do own securities after all! But more importantly, companies which have raised money via Regulation CF must file information with the SEC and post it on their websites on an annual basis. Receiving regular company updates is important to keep shareholders educated and informed about the progress of the company and their investment. This annual report includes information similar to a company’s initial Reg CF filing and key information that a company will want to share with its investors to foster a dynamic and healthy relationship.

    In certain circumstances a company may terminate its ongoing reporting requirement if:

    1. The company becomes a fully-reporting registrant with the SEC
    2. The company has filed at least one annual report, but has no more than 300 shareholders of record
    3. The company has filed at least three annual reports, and has no more than $10 million in assets
    4. The company or another party purchases or repurchases all the securities sold in reliance on Section 4(a)(6)
    5. The company ceases to do business

    However, regardless of whether a company has terminated its ongoing reporting requirement per SEC rules, SeedInvest works with all companies on its platform to ensure that investors are provided quarterly updates. These quarterly reports will include information such as: (i) quarterly net sales, (ii) quarterly change in cash and cash on hand, (iii) material updates on the business, (iv) fundraising updates (any plans for next round, current round status, etc.), and (v) any notable press and news.


    How can I sell my securities in the future?

    Currently there is no market or liquidity for these securities. Right now Transizion does not plan to list these securities on a national exchange or another secondary market. At some point Transizion may choose to do so, but until then you should plan to hold your investment for a significant period of time before a “liquidation event” occurs. A “liquidation event” is when Transizion either lists their securities on an exchange, is acquired, or goes bankrupt.


    How do I keep track of this investment?

    You can return to SeedInvest at any time to view your portfolio of investments and obtain a summary statement. If invested under Regulation CF you may also receive periodic updates from the company about their business, in addition to monthly account statements.


    Other General Questions
    What is this page about?

    This is Transizion's fundraising profile page, where you can find information that may be helpful for you to make an investment decision in their company. The information on this page includes the company overview, team bios, and the risks and disclosures related to this investment opportunity. If the company runs a side by side offering that includes an offering under Regulation CF, you may also find a copy of the Transizion's Form C. The Form C includes important details about Transizion's fundraise that you should review before investing.


    How can I (or the company) cancel my investment under Regulation CF?

    For offerings made under Regulation CF, you may cancel your investment at any time up to 48 hours prior to the offering end date or an earlier date set by the company. You will be sent a notification at least five business days prior to a closing that is set to occur earlier than the original stated end date giving you an opportunity to cancel your investment if you have not already done so. Once a closing occurs, and if you have not canceled your investment, you will receive an email notifying you that your securities have been issued. If you have already funded your investment, your funds will be promptly refunded to you upon cancellation. To cancel your investment, you may go to your account's portfolio page by clicking your profile icon in the top right corner.


    What if I change my mind about investing?

    If you invest under any other offering type, you may cancel your investment at any time, for any reason until a closing occurs. You will receive an email when the closing occurs and your securities have been issued. If you have already funded your investment and your funds are in escrow, your funds will be promptly refunded to you upon cancellation. To cancel your investment, please go to your account's portfolio page by clicking your profile icon in the top right corner.