Propel(x) uses a rigorous screening process when deciding which companies are invited to list on the platform. Startup applications are screened and curated on the basis of certain criteria, many of which are described here. Hubble Investments, LLC, a Propel(x) affiliate, reviews the deal profile, approves a deal for listing and starts the Indication of Interest Phase. Propel(x) then announces the deal to the entire investor base Propel(x) collects indications of interest concurrently until it hits a threshold of $35K in direct investments, or $100,000 in total investments (direct & syndicate) to trigger Broker Review. Hubble Investments conducts a Broker Review on the startup. Propel(x) will only open the deal for investments if this review is successfully completed. Propel(x) opens the deal for direct investments (and syndicate investments if the syndicate threshold has already been met) and will continue to send out deal-specific information to interested investors and via email. Accredited investors can make commitments and sign documents online. The minimum to invest in any syndicate offering is $5,000 per investor. Propel(x) aggregates all investor commitments lower than the direct investment minimum check size (as set by the startup) and invests as a single investor in the startup through a syndicate. The pooled investment vehicle is triggered when combined direct and syndicate commitments hit $100,000. Flow of funds: Investor funds are sent directly to an escrow account and then sent to the company. Propel(x) does not directly accept client funds. Hubble Investments will invoice the startup for a percentage success fee, conditional upon the amount raised.