A company pulls in one portion, or tranche, of the money they've raised while the round remains open.
To qualify, a company must have at least their minimum offering amount in available funds (funds Ready/in escrow) to do so. Prior to a close we give investors 5 business days to reconfirm their investment or opt out of the tranche.
If a campaign launches their round in Testing the Waters, they will need to file their Form C and wait 21 days prior to being able to draw down any funds.
If you're a founder looking to to initiate a rolling close, request a disbursement at https://wefunder.com/[company]/disbursements or reach out to us (closing@wefunder.com) to confirm the status of your available funds.