Hello, My name is Vikram Wadhawan, CEO of Vasitum, and we are on a mission to make hiring a lot more efficient for recruiters… and to bring transparency for job seekers! By digitizing recruitment, Vasitum has the ability to provide businesses with a much-needed boost. We have identified a problem at the core of recruitment, and believe that this massive market is ripe for disruption.
We’ve developed and launched our platform to simplify and automate the end-to-end recruitment lifecycle through the use of both artificial intelligence and machine learning. Our comprehensive recruiting solution benefits both recruiters and job seekers and brings the entire recruitment process together in a single platform.
As you may have heard, we’re raising capital via an equity crowdfunding campaign on StartEngine! In today’s blog, I am going to cover everything you need to know about crowdfunding and our current raise.
Regulation Crowdfunding and Title III of the JOBS Act
Regulation Crowdfunding (Reg CF) is a new way for startups to raise capital by selling securities through crowdfunding. In the past, a startup could only offer and sell its securities to accredited investors, and then only if it complied with complex federal and state registration requirements.
Before the JOBS Act, venture capitalists and angel investors who had a net worth of $1M or an annual income of $200K had a monopoly on pre-IPO investment opportunities in early stage startups. The average shareholder could not take part in these high-risk, high-reward investments.
Once the JOBS Act was passed, this all changed.
Now, just about anybody can have access to these potential high-growth opportunities, and normal people are able to share in the success of these new and exciting ventures!
The new regulations surrounding Title III of the JOBS Act have gone into effect, enabling companies to raise up to $5 million annually, as opposed to the previous maximum amount of $1.07 million.
Join our journey on StartEngine
Vasitum is leading the way in artificial intelligence (AI) innovation within the staffing industry, and we’d love to have you join us. To find out how you can invest in us and learn about everything Vasitum, please visit our StartEngine raise page. Don’t miss out on anything our campaign has to offer; add us to your watchlist today!