on Jan 18 2020
Chief Information Officer, Communications Director @ LPPFusion
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587 startups have raised $231,444,316 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
$172,455,901
for 496 startups
Regulation D
Wefunder Advisors LLC
$49,256,245
for 135 startups
Regulation A+
Wefunder Inc
$9,738,984
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).