Wave-by-wave momentum: multi-stage raises that keep the tide rising.
Surf Lakes is revolutionizing surfing by delivering inland surf parks using its patented 360° wave-generating technology—the "plunger" that creates thousands of surfable waves in a controlled, scalable environment designed for all skill levels. By rolling out multiple sequential funding rounds, Surf Lakes generated sustained investor excitement—and Issuance’s efficient Reg D platform helped power this momentum.
The Raise
- Offering Type: Multiple sequential rounds (Reg D / Reg S)
- Duration: ~1 year
- Total Raised: US $2.1 M
- Total Investors: 113
- Average Investment: ~US$18,700
Riding the Wave of Sequential Funding
Surf Lakes strategically conducted multiple rounds under Reg D (for accredited investors) and Reg S (for accredited international investors), enabling them to maintain fundraising momentum and consistently bring new investors into the fold.
This approach produced two critical outcomes:
- Sustained energy and visibility—with each new round, the company could showcase progress and renew investor interest.
- Tailored access—certifying accredited investors quickly under Reg D and tapping global interest via Reg S helped broaden their pool efficiently.
Issuance’s Reg D: Seamless Accreditation Meets Surf Park Vision
Issuance’s Reg D product offered Surf Lakes a streamlined accreditation verification process to ensure accredited investors can access and invest with minimal friction—a key advantage that enabled them to scale their capital raise rapidly and keep pace with their vision for surf parks worldwide.
Key Takeaways
- Momentum builds investors: Sequential rounds keep momentum alive, while offering tangible milestones for investors to rally around.
- Simplicity matters: Using Issuance’s Reg D platform to streamline accreditation means that investors can invest easily—and come back for more in later rounds.
- Global and local in harmony: Reg S rounds open the door for international investors, while Reg D ramps U.S. capital—complementing Surf Lakes’ re-domiciling strategy and expansion ambitions.
