Full terms:

J18-3 - Odin - Primary Issuances - Services Agreement (Investee Vehicle) (Dec 2023).pdf

Key Points:

• Odin is regulated in the United Kingdom by the Financial Conduct Authority, as an appointed representative of Aldgate Advisors Limited
• As part of this client agreement, you agree that you are a professional client and opt out of client money protections (the specific regulation on this is here)
• This means that Odin is able to hold funds on your behalf before wiring them to you as part of your funding round. The funds are held in a designated segregated account managed by Join Odin Limited.
• You are Odin’s client with respect to funds held, and investors are considered “corporate finance contacts”.
• In practice, the costs of the Odin structure may be covered by the investors in the deal, by agreeing to subscribe for a reduced number of shares
• If you are using the Odin platform as a founder to roll up multiple small-ticket investors, the costs of the Odin structure are typically borne by you, although you can elect for your investors to in practice bear this cost as per the previous point.

Related Documents:

• Platform User Agreement

  J18-3 - Odin - MASTER - Platform User Agreement (Jan 2024).docx.pdf

• Syndicate Terms

  J18-3 - Odin - Primary Issuances - Syndicate Terms (Jan 2024).docx.pdf

• Deal Sheet (Example)

  EXAMPLE-deal-sheet.pdf

About Odin

Odin helps investors raise & deploy capital into startups seamlessly.

• You can imagine what we are building a bit like Stripe for investing, with a community-centric twist:
  • We automate the critical rails that investments in private markets run on: legal, payments, SPVs, regulatory umbrella, fund administration, etc.;
  • We provide a communication and discoverability layer on top of this: Startup investing is trust & relationship-driven. Qualifying investors will soon be able to use Odin to connect with one another, publish content, collaborate, share deal flow, and invest. ****People will be able to run invite-only investment communities and provide access to deals, or list their fund so people can invest in it online.
• Our mission: drive human progress, by fundamentally reimagining the way we invest.
  • Our aim is to handle the end-to-end flow of money in the venture ecosystem, from fund structuring to passive ETF-style products that give more people access to venture capital and, eventually other asset classes.