When it comes to raising capital, startups today have more options than ever. But choosing between Regulation Crowdfunding (Reg CF), Reg A, Reg D, and traditional Seed to Series D funding rounds can be confusing—even to seasoned investors.
At MYDENTALWIG, we’ve chosen to stay aligned with the Reg CF/Reg A/Reg D ecosystem. Here’s why—and how these pathways compare to the traditional venture capital stages.
1. Understanding SEC Regulations: Reg CF, Reg A, Reg D (506b & 506c)
| Regulation | Year Established | Max Raise Amount (as of 2024) | Who Can Invest | Advertising Allowed? | Key Features |
| Reg CF (Regulation Crowdfunding) | 2016 (updated 2021) | $5 million/year | Both accredited & non-accredited | Yes, with limits | Democratizes fundraising; good for early-stage traction |
| Reg A (Tier 2) | 2015 (updated JOBS Act) | $75 million/year | Both accredited & non-accredited | Yes | “Mini-IPO”; requires SEC review but allows broad investor base |
| Reg D – 506(b) | 1982 (Reg D) | Unlimited | Up to 35 non-accredited + unlimited accredited | No general solicitation | Common for private rounds; fast & lower compliance |
| Reg D – 506(c) | 2013 (JOBS Act) | Unlimited | Accredited investors only | Yes | Allows public advertising but requires income verification |
✅ Why Choose Reg CF/Reg A/D?
For founders like Lydie Livolsi of MYDENTALWIG, the Reg CF pathway allowed an early start with inclusive investor participation. As the company grows, Reg A and Reg D allow for scalable raises without giving up complete control to VC firms.
2. Traditional VC Stages: Pre-Seed, Seed, Series A–D
While regulations control how money is raised, funding rounds describe when and why you’re raising.
| Stage | Typical Raise | Investors | Goal |
| Pre-Seed | $50K–$500K | Angels, friends/family | Build MVP, first hires |
| Seed | $500K–$2M+ | Angels, Seed Funds | Validate product-market fit |
| Series A | $2M–$15M+ | VC Firms | Scale product, hire key staff |
| Series B | $10M–$50M | Larger VC Firms | Grow market share, expand team |
| Series C | $50M–$100M+ | Institutional investors, Private Equity | Expand to new markets, prepare for IPO |
| Series D+ | $100M+ | Late-stage investors | Bridge to exit or acquisition |
Important: These “series” are not tied to SEC regulations. They describe the stage of your business, while Reg CF/A/D are about the legal structure of your raise.
Combining Regulations with Funding Stages
You can use SEC regulations at various stages depending on your strategy.
- A Seed round might be done via Reg CF to engage a crowd.
- A Series A might use Reg D 506(b) to bring in VCs quietly.
- A Series C might raise under Reg A to attract a wider base of investors.
There’s no “one-size-fits-all.” What matters is aligning your capital needs, target investors, and legal strategy.
Comparison Table: Regulations vs. Funding Rounds
| Category | Reg CF | Reg A (Tier 2) | Reg D – 506(b) | Reg D – 506(c) | Seed | Series A | Series B | Series C |
| Max Raise | $5M | $75M | Unlimited | Unlimited | ~$2M | ~$10M | ~$30M | $50M+ |
| Accredited Investors Only? | No | No | Mostly No (limited) | Yes | Sometimes | Often | Yes | Yes |
| SEC Filing Required? | Yes (Form C) | Yes (Form 1-A) | No (Form D) | No (Form D) | No | No | No | No |
| General Solicitation? | Limited | Yes | No | Yes | Varies | Varies | Varies | Yes |
| Public Investors Allowed? | Yes | Yes | Rarely | No | No | No | No | Sometimes |
| Ideal Use Case | Early traction & visibility | Scalable public raise | Quiet VC raise | Accredited outreach | Product validation | Growth | Scale | Market dominance |
Final Thoughts
Whether you’re navigating regulatory exemptions or moving through funding rounds, choosing the right path depends on your:
- Stage of growth
- Investor audience
- Control preferences
- Public vs private exposure
At MYDENTALWIG, we chose the Regulation path because it fits our values: inclusive ownership, flexible capital, and scalable infrastructure. As we grow from Reg CF to Reg A and Reg D, we invite all types of investors—big and small—to join the journey.
Want to Invest or Learn More?
Visit MYDENTALWIG.com/invest or follow us on LinkedIn for updates on our current raise and expansion into Sainte Lydie City.