When you invest in a startup with over $1 billion valuation or in other words in a Unicorn it is considered as a late stage venture investment.
Also, late venture can be categorized by the funding round. Venture capital firms consider Round C and further as a late-stage investment.
Raison app uses a special investment fund to purchase shares of startups. The fund is managed by a parent company — Raison Asset Management which is regulated by US SEC.
To offer shares on our marketplace we create small fractions of the fund and deploy smart contracts to list units of a particular startup.
With the help of blockchain, we made late venture investments available to everyone!
Unit’s smart contract guarantees that 1 unit is equal to 1 share and secures the right of your ownership. The process is highly transparent due to blockchain technology. You can double-check your ownership on explorer.celo.org and in our annual reports.
Sure! Raison is operating under the legal name RSN Finance OÜ and has Virtual currency services license under the Estonian Financial Intelligence Unit regulation.
All venture deals are executed by a US SEC regulated investment business — Raison Asset Management. You can find all corresponding licenses in the Raison app website footer.
Late venture investors have two options to get profit.
The first strategy for unitholders is to sell the asset on a secondary market. Every time the valuation of a company rises, the price of a unit increases proportionally. The secondary market is currently running on Beta testing.
The second way is to wait for the company to go public and have a cash-out event after the lockup period. You will receive a payment equal to the number of units multiplied by the new price on the public market.