Oct. 7, 2026
Dear Commission Members: I support increasing the Regulation Crowdfunding offering limit from $5 million to $20 million in any 12-month period and indexing that limit for inflation. As the founder of Careverse, which has raised capital through Regulation Crowdfunding on Wefunder, I have a direct interest in making this pathway more effective for growing businesses and accessible to everyday investors. Building a company requires funding beyond initial product development. Infrastructure, security, integrations, staffing, and bringing a product to market all require sustained investment. A financing framework should give businesses room to fund meaningful operating milestones while maintaining accountability to investors. Our support for this petition is forward-looking; we are not claiming to have reached the existing $5 million ceiling. From a founder's perspective, however, the ability to continue raising within a consistent framework matters when planning a company's growth. Everyday investors should have an opportunity to remain part of that growth. When companies move to financing channels restricted to accredited investors, people who helped support them early may lose access to subsequent investment opportunities. A higher Reg CF limit would give companies greater flexibility to keep those opportunities open. I also believe founders should be able to spend more of their time building businesses and serving customers. Where a higher limit reduces the need to divide financing across separate offerings or exemptions, it could reduce avoidable complexity and expense. That flexibility should remain paired with meaningful investor protections: clear financial information, candid risk disclosures, appropriate investment limits, intermediary oversight, and ongoing reporting. Increasing the offering limit should preserve those safeguards. I respectfully urge the Commission to advance rulemaking on File No. 4-914 to increase the limit to $20 million and provide a predictable mechanism for inflation adjustments. Thank you for considering the perspective of a founder participating in this market. Sincerely, Alexander Shchekin Founder, Careverse