Free Tool

Capital Raise Success Fee Calculator

Standard success-fee structures for introducing equity to a property developer, fund, or operating business. Built for capital raisers, equity introducers, family-office gatekeepers, and JV introducers.

Wholesale and sophisticated investor raises in Australia typically sit in the $2M to $30M band for property and small private placements.

Equity raised

The total equity capital raised, paid in drawn-down dollars.

Success fee %

2% to 5% is standard. Smaller raises 5%, larger raises 2-3%.

Introducer share of fee

If a third party introduced the capital partner. 25% to 50% is common. Set 0% if you sourced directly.

Total success fee

3% of A$10,000,000 equity raised

A$300,000

Introducer share (33% of success fee)A$99,000

Raiser net (after introducer share)A$201,000

Where the equity actually comes from

Capital partners introduced through Socii come with a written agreement, agreed success fee, and a tracked introduction chain. No chasing, no awkwardness, no disputes.

See the Dealmaker plan

How capital raise success fees actually work

A capital raise success fee is paid to the person or firm that brings equity capital into a deal. In Australia, the most common structure for wholesale and sophisticated-investor raises is a % of equity raised, paid on capital drawn down, with the fee ranging from 2% to 5% depending on deal size.

The three structural choices

Flat % of equity raised. The simplest structure. 2% on $20M is $400k. The whole fee is paid pro-rata as tranches are drawn.
Tiered %. Higher rate on the first tranche (e.g. 5% on first $5M, 3% on next $5M, 2% on remainder). Rewards getting the deal off the ground while keeping total fee proportionate on big raises.
Flat fee. Less common but used when the raiser/introducer wants certainty of outcome and the deal is highly likely to close at a known size.

Introducer splits

When a third party introduces the capital partner, the success fee is typically split 50/50 to 75/25 raiser/introducer. The split should reflect how much of the work (sourcing, screening, qualifying, supporting the close) the introducer did. The calculator above models any split.

A note on regulation

In Australia, capital raise introducer arrangements can fall under AFSL rules depending on deal structure, target investors (retail vs wholesale/sophisticated), and the introducer's activities. This calculator is a benchmarking tool, not legal advice. Get specific guidance for your deal.

At Socii, capital partner introductions between members are paid through a written agreement. Read the long-form guide.

Frequently asked

What is the standard success fee on a capital raise?

For wholesale and sophisticated-investor raises in Australia, the most common range is 2% to 5% of equity raised. Smaller raises ($2M to $5M) tend toward 5%. Larger raises ($20M+) tend toward 2% to 3%. Institutional raises sit lower again.

How is the success fee split with an introducer?

When a third party introduces the capital partner, the introducer typically takes 25% to 50% of the success fee. On a $300k success fee, the introducer might receive $75k to $150k.

When is the success fee paid?

On capital drawn down, not on the commitment letter. For staged raises with multiple closes, the fee is paid pro-rata as each tranche is drawn.

Are capital raise success fees subject to AFSL rules in Australia?

They can be. If the introducer is dealing with retail investors or arranging financial products in the course of business, AFSL or authorised-representative coverage may be required. Wholesale/sophisticated investor introductions carry lighter but still meaningful obligations. This is not legal advice.

Should the fee be one-off or include trail?

Most are one-off, paid on completion. Trail arrangements exist for relationships where the introducer also provides ongoing investor relations support or brings follow-on equity.

Built by Socii Book Pty Ltd (ACN 695 597 141), the private network for dealmakers. The numbers above are the same math we run inside the platform.