What Prospectus does

Prospectus.com, founded in 1999 by Paul Azous and headquartered in New York City's financial district, is a privately-held professional services firm specializing in the preparation of investor offering documents and capital-formation materials. Its core offerings include prospectus writing for public and private offerings, Private Placement Memorandums (PPMs), Offering Memorandums, feasibility studies (including real estate-specific studies), bond and note documentation, 144A and Reg S offering documents, and hedge fund and mutual fund prospectus packages, alongside adjacent services such as legal entity formation, fund setup, securities identifier registration (ISIN/CUSIP/SEDOL), escrow coordination, valuations, and IPO/stock exchange listing assistance. The firm extends into digital-asset offerings (STOs and ICOs) and has built owned sub-brands Brokerdealer.com and Raisemoney.com to support capital networking, as well as the Borders.org nonprofit.

The firm delivers services through a globally distributed team of securities attorneys, investment banking professionals, and business consultants, supported by affiliated offices in London, Hong Kong, Singapore, Seattle, Shanghai, Beijing, Tel Aviv, Sydney, and Dubai. Its business model is project-based professional services revenue: flat-fee pricing agreed upfront with no hidden costs, turnaround typically within one business week, and rates positioned approximately 50% below traditional securities law firms. Go-to-market combines direct consultative sales to entrepreneurs and corporate executives with an affiliate/referral channel that routes documentation workloads from hundreds of law firms, broker-dealers, business brokers, boutique investment banks, and consultants. Since inception, the firm claims to have completed over 5,000 projects for more than 5,000 companies across 50+ jurisdictions, with management-team members individually responsible for negotiating roughly $2.5 billion in private investment and venture term sheets.

Name

Prospectus

Legal name

Prospectus.com

Website

https://prospectus.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

Prospectus.com is a New York-based professional services firm that prepares prospectus, PPM, offering memorandum, feasibility study, and regulatory filing documents for companies raising capital through private placements and IPOs, serving clients globally from offices in 10 financial hubs.

Ownership category

akta.pro rank

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Professional Services - Document Preparation: One-time fees for prospectus, private placement memorandum, offering memorandum, feasibility study, and business plan document preparation. Flat fee structure with no hidden costs. Pricing varies based on complexity and scope of offering.
2. Regulatory Filing Services: Fees for securities registration and filing services including S-1 statements, Form D filings, and compliance documentation preparation.
3. Capital Networking & Introduction Services: Capital introduction and networking services connecting companies with investors; several thousand contact funding sources in their private placement and venture network.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Prospectus prepares offering and capital-raising documentation for businesses, including prospectuses, private placement memorandums (PPMs), offering memorandums, and feasibility studies. Documents are drafted by securities lawyers and former investment bankers and filed under SEC, European, Asian, and Middle Eastern regulatory regimes for clients raising capital internationally.

Product overview

Prospectus is a professional services firm offering a comprehensive suite of investor offering document preparation and capital formation services. The core offering consists of prospectus writing for both public and private offerings, complemented by Private Placement Memorandums (PPM) and Offering Memorandums. Supporting services include Registration and Filing (S-1, Form D), Bond Offerings, Feasibility Studies (including Real Estate-specific studies), 144A & Reg S Offerings, Hedge Fund & Mutual Fund Prospectus preparation, Business Plan Writing, IPO Listing Services, Legal Work, Fund Setup, Securities Identifiers, Escrow Services, Valuations, and Capital Networking. The company also extends into digital asset offerings including Securities Token Offerings (STO) and Initial Coin Offerings (ICOs). All services are delivered through a consulting model with securities attorneys, investment bankers, and business consultants.

Differentiator

Problem solved

Functional benefit

Brands

• Brokerdealer.com: Broker dealer assistance tool operated by Prospectus.com for capital formation networking
• Raisemoney.com
• Borders.org

Products and services

• Prospectus Writing
• Private Placement Memorandums (PPMs)
• Offering Memorandums
• Feasibility Studies
• Global Securities Offerings Support
• Affiliate / Referral Program Formal program that pays commissions to law firms, broker-dealers, and other intermediaries who introduce issuer clients to Prospectus for offering-document drafting.

Quantifiable outcome

• Over 5,000 projects completed successfully since 1999
• +4 more outcomes

Named customers12 records

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Brokerdealer.comcoreGTM or Marketing PartnerManaged by Prospectus.com as part of their brand properties. A broker dealer assistance tool that helps connect companies with broker dealers and capital formation resources. Integrated into their capital acquisition and networking services.
• Raisemoney.comcoreGTM or Marketing PartnerManaged by Prospectus.com as part of their brand properties. A global crowdfunding search directory that assists startups and later-stage companies with capital raising. Provides capital formation networking and investor leads.
• Borders.org (Business Plans Without Borders)minorOthers501c3 non-profit organization co-founded by Paul Azous. Assists low-income families, refugees, and immigrants with business plan writing services and seed grants. Paul Azous serves as Chairman and Co-Founder. Reflects company's community involvement.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• DLA Piper: Global Am Law firm with a large securities and capital markets practice covering IPOs, PPMs, and private placements. Competes with Prospectus for offering-document mandates, but at materially higher price points and with a much broader practice mix.
• Latham & Watkins: Leading global law firm for capital markets and securities offerings, including IPOs and high-yield debt. Overlaps with Prospectus on prospectus preparation for issuers but delivers as part of a full-service legal offering at premium pricing.
• Kirkland & Ellis: Premier law firm for private equity and capital markets work, including fund formation and private placements. Comparable in serving the issuer/GP side of offering documentation but operating at the high end of the market with significantly larger deal sizes.
• Cooley LLP: Technology and life sciences-focused law firm with a strong securities and capital markets practice. Directly comparable for venture-backed and tech issuer PPM/prospectus preparation, particularly for startup and growth-stage clients — Prospectus's core segment.
• Wilson Sonsini Goodrich & Rosati: Premier Silicon Valley securities law firm for tech and life sciences issuers; handles a high volume of private placements, IPOs, and venture financings. Most directly comparable on the technology/startup issuer segment Prospectus targets.
• Gunderson Dettmer: Law firm specializing in venture capital, private placements, and emerging-company securities work. Closely aligned with Prospectus's startup and growth-stage issuer segment, particularly for venture-backed PPM and equity financing documentation.

Emerging players

• Carta: Private market securities management platform offering cap table, equity administration, and increasingly compliance and private placement support. Threatens Prospectus at the lower end with software-enabled document workflows and embedded distribution to issuers and investors.
• LegalZoom: Online legal services platform offering business formation documents, contracts, and compliance filings. Competes at the very low end on entity formation and standardized documents that overlap with Prospectus's Legal Work and Fund Setup services.
• StartEngine: Leading equity crowdfunding platform that helps issuers run Reg A+ and Reg CF offerings, including with in-house documentation and investor onboarding. Overlaps with Prospectus on offering-document preparation and capital introduction for emerging companies.
• Republic: Crowdfunding and private investment platform with Reg A+, Reg CF, and tokenized offerings, providing end-to-end issuance support including documentation. Comparable on serving startup issuers seeking capital formation under federal exemptions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Customer concentration

• Xx.com/prospectus_com
• LinkedInlinkedin.com/in/paulazous

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Prospectus