What is Wefunder?
Wefunder operates as a specialized crowdfunding platform designed to democratize access to startup equity. By allowing individuals to participate in funding rounds with as little as $100, the company effectively lowers the threshold for venture participation. As a Public Benefit Corporation, Wefunder distinguishes itself through a mission-driven approach that prioritizes community-centric investment and the support of diverse founders across sectors such as technology, healthcare, and sustainability. Its market position is defined by its ability to aggregate retail capital, enabling everyday investors to co-invest alongside institutional venture capitalists and professional angel networks.
How much funding has Wefunder raised?
Wefunder has raised a total of $310.5M across 6 funding rounds:
Angel/Seed
$530K
Private Equity
$6.8M
Private Equity
$878K
Angel/Seed
$2.2M
Debt
$150K
Private Equity
$300M
Angel/Seed (2012): $530K, investors not publicly disclosed
Private Equity (2015): $6.8M, investors not publicly disclosed
Private Equity (2016): $878K, investors not publicly disclosed
Angel/Seed (2017): $2.2M, investors not publicly disclosed
Debt (2020): $150K backed by PPP
Private Equity (2021): $300M with participation from Under Armour, Inc.
Key Investors in Wefunder
Under Armour, Inc.
A global leader in athletic performance apparel and footwear that has expanded its strategic interests into the fintech and venture capital sectors.
PPP
Public-Private Partnership
Undisclosed Investors
What's next for Wefunder?
With the recent influx of capital, Wefunder is well-positioned to accelerate its product development and expand its reach within the global investment ecosystem. The strategic focus will likely center on enhancing the platform's infrastructure to support higher transaction volumes and improving the user experience for both founders and backers. As the regulatory environment for equity crowdfunding continues to evolve, Wefunder's ability to maintain compliance while scaling its operations will be critical. The company is expected to leverage this financial momentum to further its goal of fixing capitalism by fostering deeper connections between local businesses and the communities they serve, ultimately driving long-term value for its growing user base.
See full Wefunder company page
