ShredPay crowdfunding raise on Republic (closed)
Closed — raised US$60,000 from 9 investors (80% of target)
ShredPay is the compliant orchestration layer connecting traditional finance with blockchain settlement.
- Raised on Republic
- SAFE
- SaaS · United States
Funding history
4 readings
The maximum, US$1,240,000, is above the top of the chart.
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The raise in figures
Raised
US$60,000
of US$1,240,000 maximum
4%
of maximum
- Investors
- 9
- Minimum investment
- US$1,000
- Valuation cap
- US$50M
Last updated
↳ Republic · last checked 22 d ago
About this raise
ShredPay ran an equity crowdfunding raise on Republic, which has now closed. Republic files ShredPay under SaaS; the company is based in the United States. Investors are offered a SAFE (simple agreement for future equity) under Regulation Crowdfunding (Reg CF).
The SAFE carries a valuation cap of $50M. Its target is $75,000, and its maximum $1.24M. 9 investors put in $60,000 (4% of its maximum). Tickets started at $1,000.
Its close date was .
Reg CF lets a US company raise from the general public, not only accredited investors, through an SEC-registered funding portal or broker-dealer. A SAFE is not a share today: it converts into shares at a later priced round, on the terms it sets. The figures here come from Republic, as of Raise Sonar’s last check on .
Closed
Closed on Mon 12 Oct
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Questions about ShredPay’s raise
When did ShredPay’s crowdfunding raise close?
ShredPay’s raise on Republic closed on 12 October 2026.
What was the minimum investment in ShredPay?
The minimum investment in ShredPay’s raise on Republic was $1,000.
What regulation was ShredPay’s raise under?
ShredPay’s raise was under Regulation Crowdfunding (Reg CF). Reg CF is the SEC’s exemption that lets a US company raise from the general public, not only accredited investors, through an SEC-registered funding portal or broker-dealer.
How much did ShredPay raise?
ShredPay raised $60,000 from 9 investors on Republic, 4% of its $1.24M maximum.
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