Why choose Wefunder?
WeвЂ™re the biggest financing portal. We have raised the absolute most dollars.
YouвЂ™ll raise additional money on Wefunder, faster. We have raised probably the most bucks for startups that utilize Reg CF. WeвЂ™re as big as our top three competitors combined.
WeвЂ™ve funded dozens of startups that raised capital raising.
Prestige issues: the platform places that are best you alongside the greatest companies. WeвЂ™ve funded 4 startups now well well worth over $1 billion and 12 over $100M. Our rivals do not come near.
ItвЂ™s not only cash. Our community of founders can alter your trajectory.
When Wefunder experienced Y Combinator, we discovered exactly exactly how valuable the system had been. They inspired us. Us, youвЂ™ll have access to hundreds of world-class founders who want to help when you raise with.
WeвЂ™re a Public Benefit Corporation.
Doing right by founders is our North Star. Our moonshot: to simply help 20,000 founders log off the bottom. By 2029. In most 50 states. Of most backgrounds.
This really is our lifeвЂ™s work. We lobbied Congress to generate these regulations.
We began on 1 day. In 2012, we convinced Congress to pass through the JOBS Act, legalizing equity crowdfunding. This is exactly what weвЂ™ve chose to do with your lives.
We are team of founders who do crazy things. because we worry.
We grok founders because we have been founders. We additionally do crazy things such as have our entire company take the Amtrak across America, to satisfy founders face-to-face.
Get in on the family members
Once you raise on Wefunder, you might be the main family members. The city of founders may be in the same way valuable to your company since the cash.
Just What founders say
Never simply just take our term because of it. Tune in to the founders we have assisted.
If you learn a far better deal, we’ll beat it
You may not pay us a dime until you raise money. We have confidence in very pricing that is simple. Simply no hidden costs or ridiculous charges that are extra.
Such a thing in the United States – from tech startups to donut stores. We fund traveling automobiles, coffee stores, breweries, rockets, ostrich farms, movie studios, movies – you title it. The thing in accordance? Each have grouped community of people that rely on them.
Yes! We group all shareholders on Wefunder into one appropriate entity on the limit table. It is possible to pick a lead investor who will sign up behalf for this entity.
Yes! Plenty Of them. We have had over $2.2 billion bucks of investment capital have dedicated to businesses when they raised on Wefunder. We now have more than a dozen businesses which can be now valued at over $100 million. Merely a few examples:
- Beta Bionics raised over $1M in 2016. In 2019, they raised a $126M Series B.
- Meow Wolf raised over $1M in 2017. In 2019, they raised $150M in investment capital.
- Red Bay Coffee raised in 2016. In 2019, they shut an $8M Series A.
- Checkr, Rappi, Zenefits, and Ginkgo Bioworks are respected at over $1 billion.
We support any protection, such as that loan, promissory note, convertible note, SECURE, income share, or stock that is preferred. You are able to upload your very own customized investment contract, or, in the event that you’d instead maybe maybe not employ an attorney to re-invent the wheel, choose from our collection of investment contracts.
We recommend agreeing on terms along with your investor that is lead’ll raise more cash if smaller investors are spending for a passing fancy economic terms as an expert.
A law that allows businesses to raise funding online from anyone, not just the wealthy in 2012, Wefunder helped Congress pass the JOBS Act. This law created brand new federal laws and regulations to improve cash: Regulation Crowdfunding, Regulation A+, and Regulation D, Rule 506(c).
Wefunder supports each one of these regulations that are new therefore we makes it possible to raise cash at any phase of one’s company.
Yes! For organizations that raise over $1,070,000 in a Regulation Crowdfunding offering, we host regulation that is concurrent 506(c) offerings at no cost, where unlimited quantities of cash may be raised from accredited investors.
For organizations that raise over $1 million with Regulation Crowdfunding, we also host Regulation offerings that are a free, where as much as $50 million each year could be raised from any investor.
LegionM, as an example, has raised over $8M from over 20,000 investors on Wefunder, making use of both Regulation Crowdfunding and Regulation A+.
We help produce and register all documents aided by the SEC (called a “Form C”) to help you execute a Regulation Crowdfunding campaign. This is actually the way that is easiest to legitimately accept money from any possible investor on line.
For later-stage organizations, we are able to additionally help Regulation A+ and Regulation D.
For Regulation Crowdfunding promotions, there are two main downsides that are potential
- Disclosure of GAAP financials. What the law states requires that you reveal your GAAP financials once you fundraise, in many cases evaluated with a CPA. If you do not ask them to, we could familiarizes you with CPAs whom typically charge under several thousand.
- Yearly reports. For 36 months more often than not, your business is meant to discharge a yearly report. We have written computer pc software which will help you are doing this in a couple of hours, however it is information that is public. From raising via Regulation Crowdfunding again until you do so if you choose not to do an annual report, the law bars you. However, it is possible to still raise with Regulation D from accredited investors and venture capitalists.
We have re re solved most of the other prospective drawbacks, which explains why many startups on Wefunder have now been in a position to raise capital raising a while later. You will have one legal entity on your cap table that represents all your investors. Your business may be protected from expensive “12g” reporting needs if the protection is made correctly. We could help draft the disclosure papers for $0.
$0 in advance. We charge 7.5% for the funds raised just in the event that you raise cash. We charge $0 if you fail to raise financing.
Wefunder doesn’t take a portion of the business.
There aren’t any other hidden costs.
If you’re able to get an improved offer written down, we’ll beat it.
30 moments. Test it! your pals can click a buttons that are few move money using their bank card or a banking account. Or they are able to wire funds or mail a check. All of the funds get into an escrow account until your round closes.
After your campaign hits your minimum funding target, therefore the funds are gathered in a escrow account, you are able to ask us to initiate a “rolling close”. After investors reconfirm their investment, we will move all profit escrow to your money. Your Wefunder round can remain ready to accept attract funding that is additional.
Unlike Kickstarter, you aren’t offering something. Unlike GoFundMe, you aren’t asking for a handout. The ability to invest (i.e., be owners) in your company with Wefunder, you are offering your friends. They will earn money in the event that you generate income.
As your investors are literally owners, they have been inside it for the haul that is long as they are a whole lot more incentivized to worry about your company than simply an individual. You will have the ability to raise more cash if it is maybe not really a contribution.
We are more than simply cash. You can actually book office hours having an experienced creator from XX from time to time. We can’t guarantee your top choice. Instead, we will match your ask for workplace hours using the best consultant that is available and greatest able to assist.
We shall additionally assist you to unlock the worthiness from your own army of superfans who would like to assist you to be successful.
There is a great deal of fundraising advice on the market. It is known by us is intimidating to somebody new only at that. by using Wefunder, additionally you get a separate team of fundraising professionals that may supply you with the most useful advice for your specific phase and types of business.