Given their limited personal funds, entrepreneurs often need to attract external finance to develop and commercialize their ideas. One important source of external financing is equity crowdfunding (ECF). ECF platforms increasingly expand across country borders and, accordingly, entrepreneurial firms from multiple countries usually search for funding on these platforms. However, the literature that connects ECF with internationalization remains scarce. In this project, we plan to address three specific research questions: (1) Are the signals that drive fundraising success different between foreign firms and domestic firms on ECF platforms? (2) How do foreign firms that were listed on ECF platforms perform post-campaign, relative to domestic firms? and (3) why do ECF platforms list firms from some countries but not from others? The proposed project will increase our theoretical understanding of ECF and, more specifically, cross-border flows in ECF. Taken together, the proposed project is designed to answer a growing call by academics and policy-makers to increase our understanding of ECF and its international dimension.