Frequently asked questions about our investment services
Q&As on our updated website
In our updated website, it is easier to invest with us. For example, you can:
Log in with BankID
Download your settlement notes directly under My Account / My Investments
Before you log in with BankID for the first time, you must have entered your social security number under My Account/My Details. If you have entered it before, you can follow the instructions for BankID.
Instructions:
1. In the main menu click Log in
2. Select Login with BankID, fill in your twelve-digit Personal identity number and click Log in.
4. Open the BankID app on your phone or computer and log in.
Your account has been moved to the new investment portal, but in order to log in by e-mail, you first need to reset your password. This article shows you how to do that.
Instructions:
1. In the main menu, click on Log in.
2. On the Log in to your account page, under Login with Email, click Lost your password?
3. Under Username or email, fill in your account's email address and click Reset password.
4. Sciety has sent an email "Password Reset Request for Sciety". Follow the instructions in the email to create a new password. Check your spam if you have not received the email within minutes.
5. On the Log in to your account page that opens, enter your email address, your new password and click Log in.
During a short transition period, it will not be possible to see your previous investments, but this will be addressed as soon as possible.
You have probably created your account with BankID - then no password for login with e-mail account has been created.
Instructions:
1. Go to My Account and click on Logout
2. On Login to your account, click Lost your password?
Then fill in your email address and click on Reset password.
3. Sciety has sent an email "Password Reset Request for Sciety". Follow the instructions in the email to create a new password. Check your spam if you have not received the email within minutes.
4. Log in to Sciety with your email account. Go to My Account/Login Details and change to a new password.
When investing, you may be asked to upload your ID documents. You do not need to upload these again if you have done so before.
Q&As on Sciety
You can invest in Swedish growth companies in life science which have been the subject of our selection process. We monitor the industry to continuously evaluate and select companies. Sciety has a large network of both entrepreneurs, researchers and professionals in the business community.
Everyone who resides within the EU/EES and is older than 18 and companies registered with the EU/EEA are welcome to invest via Sciety.
Investments in early stage companies provide the possibility of a high yield but also incur high risks. If the company fails to succeed, which is not uncommon, the investors most probably loose their capital. The company can also grow but without generating a significant yield for its shareholders. A third risk is that the company does not grow as expected and additional capital is required at a lower valuation.
It is important to remember that 1) even successful early stage companies seldom provide dividends as they need their capital for continued expansion and 2) finding a purchaser when they want to sell the shares can be difficult (if the company is not listed).
More information regarding risks is found in our Risk Policy.
No. Sciety selects companies according to specific criteria but never gives advice or recommendations on investment in a given company.
The decision on the companies you wish to invest in is entirely your own decision.
Sciety monitors industries and also receives a large number of queries from a variety of companies seeking financing. We first compile the information required and, then, undertake a commercial assessment of the companies. Companies passing this test are, then, reviewed on a legal basis.
Our reviews should, however, never be seen to comprise recommendations for investment in a given company and it is you, yourself, who is entirely responsible for your investment decision.
Sciety is registered as a payment service supplier with Finansinspektionen. This implies that our management and major shareholders have been approved, that we have formal routines to ensure the handling of client funds and that we follow procedures regarding anti-money laundering and counter terrorist financing.
Please note that we are registered with Finansinspektionen and that we are not subject to their supervision.
Sciety does not participate in the investments; however, we invest our own funds in conjunction with new share issues on the same terms as those applying to the members in the network.
Our primary role is to act as a go-between to facilitate transactions between the companies and investors in conjunction with new share issues.
There are no costs for you as an investor. The companies seeking capital are charged a fee.
If you are liable to taxation in Sweden and both you and the company in which you invest meet the Swedish Tax Agency’s criteria, your share purchase may entitle you to tax relief.
For more information, please refer to the Swedish Tax Agency.
Generally, the companies appreciate advice and new board members with relevant experience.
If the possibility of involvement in a company is important to you, you should discuss this with the company prior to undertaking an investment.
Q&As on the investment process
In order to invest as a company, you need to create a company profile on the platform. You can do this after logging in to your personal account.
After you have initiated an investment in a company, you will be asked whether you wish to invest as a private person or if you want to create a company profile. You can also create a company profile by accessing “Menu” and clicking on “My profiles”.
Payment details are sent to you via email after you have registered your investment on the platform.
You pay via bank giro to Sciety’s client funds account with SEB where the funds are held until the share issue is completed. We transfer the funds to the company only after we have checked to ensure that you are registered in the company’s share register.
If the share issue terms are not met, we transfer the funds back to your bank account.
Share payments are kept in our client funds account with SEB. This implies that your funds will be protected even in the very improbable event that Sciety would go bankrupt. We transfer funds to the company you have invested in only if the financing round succeeds. Otherwise, we refund the payment to your bank account. Sciety has permission from Finansinspektionen to handle client funds.
Yes, you receive a confirmation via email when we have received your payment. Please note that we receive payment details from the bank after lunch on the following weekday.
Verifying your identity is a part of our controls against money laundering and financing of terrorism. Identity verification is an important step in protecting you and your co-investors, as well as the company in which you are investing, from unlawful actions.
If your ID document is not approved in our system, you will receive an email explaining the reason for this. The email also contains information as how you can make a new registration of you ID document.
The minimum amount is determined by the respective companies in consultation with Sciety and can, therefore, vary. The amount is usually between SEK 50,000 and SEK 500,000.
Yes, if you invest as a private person you have the right to change your mind within 14 days after your commitment to subscribe to shares. This is in accordance with the Swedish Distance and Off-Premises Contracts Act. Please contact our support function for more information.
When the share issue is completed, the company and Sciety finalise the administration after which you receive a confirmation of your share ownership and are invited to participate in the company’s shareholders meetings. Companies also usually send out information to shareholders each quarter or half year.