When will my investment be finalized and what does that mean?

When you invest in a company on Republic, whether your investment will actually happen depends on whether the startup's campaign on Republic succeeds.

For the campaign to be considered successful, the startup needs to

raise their minimum funding goal before deadline and
not withdraw their campaign for any other reason (legally, they can cancel their round any time during the campaign).

After the campaign successfully ends, the finalization process begins. It involves filing the paperwork, chasing outstanding investor payments, doing the accounting, and dispersing funds to the company from the escrow. Depending on the size of the round, this can take weeks and, sometimes, months.

When every investor and their payment is accounted for, the round is closed and Crowd SAFEs are generated, signed, and sent to the investors.

When you receive your signed Crowd SAFE, your investment is considered finalized.