At the moment, we can only handle investments from Accredited Investors due to SEC regulation. An “Accredited Investor” is a term used by the Securities and Exchange Commission (SEC) under Regulation D to refer to investors who are financially sophisticated and therefore have a reduced need for the protection provided by certain government filings. The SEC defines an individual Accredited Investor as anyone who:
- Has earned income in excess of $200,000 for the past two years if single, or $300,000 jointly (with a spouse) if married, with the expectation of earning the same this year.
- Has net assets in excess of $1 million, excluding the value of a primary residence.
Trusts and companies may invest, but they must also be “accredited” as defined by the SEC. For more information, please reference the SEC’s Accredited Investor Bulletin.
The good news is that we're actively working to remove the accreditation restriction, but we do not not yet have an estimate as to when that will happen. If you're not accredited but you're interested in investing, you are welcome to create a Wunder account today and we can add you to the waitlist so that you'll be notified when everyone can participate!