Reg D · Rule 506(c)

Accreditation verification
straight from the source.

Runafy takes reasonable steps to verify accredited investor status — the way 506(c) requires. Investors link their bank and brokerage accounts, and net worth is computed in code from live balances. When documents are the evidence, three independent AI reviewers must agree before a verification clears.

Linked-account verifications clear in moments. Split decisions reach a human, always.

Momentswhen accounts are linked
In codenet worth is arithmetic, not an opinion
Every decisionlogged with its evidence trail

How it works

From link to decision, with your team involved only when judgment is genuinely needed.

01

Send the link

Drop a widget on your subscription page, share a QR code, or call the API. Your investor gets a branded link — no account to create.

02

Investor links accounts — or uploads

For net worth, a secure institution login pulls balances and liabilities as structured data. Every other method — tax returns, licenses, CPA letters — uploads to private storage behind signed URLs.

03

Cleared in code, or by the council

Linked-account net worth is arithmetic against the threshold — no model in the path. Document evidence falls back to three independent AI pipelines that must agree; anything split routes to your review queue.

Connected accounts come first

The best document review is the one that never happens. Live balances beat statements.

Arithmetic, not judgment

Balances and liabilities arrive as structured data straight from the institution, so net worth is computed in code. On this path, no model reads anything.

Fresh by construction

Figures come from the institution's latest refresh and are age-gated deterministically. There is no 89-day-old statement to squint at.

A shortfall is never a decline

Linked accounts cannot see real estate or private holdings, so connected evidence only ever supports an approval. Falling short simply falls back to the document path.

The fallback: a council, not a model

When documents carry the decision — income, licenses, letters, or a net worth linked accounts couldn't reach — one model with a confident tone is a liability. Three that must agree is a control.

Three providers, no shared context

Anthropic, OpenAI, and xAI each run the same five-stage pipeline in isolation — intake, underwriting, supervisor, SEC compliance, verdict. None of them sees another's reasoning.

Consensus in code, not in a prompt

Votes are tallied deterministically. 3–0 approves or declines. A 2–1 split, or low confidence anywhere, escalates to a human. The tie-break is never left to a model.

Dates enforced deterministically

Recency is checked in code against the as-of date: the two most recent tax years, statements and letters inside 90 days. A model cannot talk its way past a stale document.

All four 506(c) methods

Investors choose whichever route they can support. Runafy handles each one.

Income

Two most recent years of tax returns or W-2s, plus a reasonable-expectation attestation.

Net worth

Linked bank and brokerage accounts with live balances — or statements with liabilities, dated within 90 days.

Professional license

Series 7, 65, or 82 in good standing.

Third-party letter

A CPA, attorney, broker-dealer, or investment adviser confirming status in writing.

Built to be embedded

Create a session over the API, hand the investor a link, and receive an HMAC-signed webhook when the decision lands. Deliveries retry with backoff and every attempt is visible in the console.

  • REST API with per-integration keys
  • HMAC-signed webhooks with replay-safe delivery
  • Branded investor flow per integration
  • Full audit trail and CSV export
POST /v1/sessions
Authorization: Bearer rk_live_…

{
  "reference": "investor_8412",
  "method": "net_worth",
  "as_of": "2026-08-03"
}

→ 201 Created
{
  "id": "ses_01J…",
  "url": "https://verify.runafy.com/v/…",
  "status": "awaiting_evidence"
}

Start verifying this week

Wire up an integration, send one live session, and watch a decision clear — in code from linked accounts, or through the council when documents are the path.

Create your account