Patent ID: 7827081

Claim:
An equity financing system, comprising: one or more computer processors configured to publish a business proposal by a subject entity in a portal accessible by multiple investors and multiple third party due diligence providing agencies, the portal centrally publishing the business proposal to the multiple investors and to the multiple third party due diligence providing agencies, wherein the business proposal is independently reviewed by said multiple third party due diligence providing agencies and said multiple investors, the published business proposal indicating (a) an amount of funds requested by the subject entity in exchange for equity in the subject entity, and (b) an advertised conversion rate at which funds are converted to equity; an investor reply module enabling each investor to see third party due diligence providing agency bids submitted for conducting due diligence and to responsively make a conditional commitment, an unconditional commitment or a combination thereof, wherein each conditional commitment includes an amount of funds committed by an investor conditioned on (i) a due diligence being conducted by a certain third party due diligence providing agency selected by the investor and (ii) the due diligence resulting in a rating meeting a threshold defined by the investor, and the conditional commitment includes a maximum amount of funds which the investor is willing to individually contribute to finance the due diligence, and wherein each unconditional commitment includes an amount of funds committed by the investor to purchase a specific percentage of equity at the advertised conversion rate; and a fund-equity transfer engine responsive to execute investor commitments collected through the investor reply module, wherein the fund-equity transfer engine determines whether a total of the collected investor commitments meets or exceeds a percentage of the amount of funds requested, awards due diligence contracts to each of the third party due diligence providing agencies according to the respective investor commitments, and processes a transfer of investors funds in exchange for the subject entity equity according to respective investor commitments and the business proposal.