What is Wefunder?
Wefunder operates as a premier crowdfunding platform designed to lower the barriers to entry for private market participation. By allowing individuals to invest as little as $100 in startups and small businesses, the company effectively democratizes access to equity. As a Public Benefit Corporation, Wefunder distinguishes itself through a mission-driven approach that prioritizes community-centric growth and the support of diverse industries, including technology, healthcare, and sustainability. The platform serves as a vital conduit for founders seeking capital while providing a sophisticated interface for over a million investors to participate in early-stage ventures alongside professional venture capitalists.
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 performance apparel and footwear that has expanded its strategic interests into the fintech and venture capital space.
PPP
Public-Private Partnership
Undisclosed Investors
What's next for Wefunder?
With the recent influx of capital, Wefunder is well-positioned to scale its technological infrastructure and expand its market reach. The strategic focus will likely center on enhancing the user experience for both founders and investors, while simultaneously navigating the evolving regulatory landscape of equity crowdfunding. By leveraging its position as a Public Benefit Corporation, the company is expected to deepen its commitment to fostering local economic development and sustainable business practices. Future growth will likely involve the integration of more advanced analytical tools to assist retail investors in making informed decisions, thereby reinforcing the platform's role as a cornerstone of the modern investment landscape.
See full Wefunder company page