on Jan 18
Chief Information Officer, Communications Director @ LPPFusion
455 startups have raised $166,962,895 on Wefunder
Wefunder supports three different federal laws that allow startups to raise money legally. To comply with the law, Wefunder Advisors LLC and Wefunder Portal LLC (both owned by Wefunder Inc) also list startups depending on the regulation used.
Regulation Crowdfunding
Wefunder Portal LLC
$121,087,608
for 368 startups
Regulation D
Wefunder Advisors LLC
$36,132,053
for 109 startups
Regulation A+
Wefunder Inc
$9,743,235
for 3 startups
Some fine print:
1) These numbers include startups currently live on Wefunder if they pass their minimum target.
2) Some startups use two different laws at the same time (i.e., Regulation D and Regulation Crowdfunding).
1) These numbers include startups currently live on Wefunder if they pass their minimum target.
2) Some startups use two different laws at the same time (i.e., Regulation D and Regulation Crowdfunding).