|Last Status||Cash on Cash||Current Value of
|Zenefits||$581,500,000||$500M Series C by Fidelity||206.1X||$206,100|
|Checkr||$149,000,000||$100M Series C by T. Rowe Price||34.31X||$34,310|
|Ginkgo Bioworks||$429,000,000||$270M Series D by General Atlantic||4.37X||$4,370|
|ShipBob||$21,500,000||$17.5M Series B by Bain||3X||$3,000|
|Statuspage.io||$0||Acquired by Atlassian for Cash||2.87X||$2,870|
|Privy||$2,100,000||$2.1M by Accomplice||2.68X||$2,680|
|Guesty||$22,750,000||$19.8 Series B by TLV Partners||2.58X||$2,580|
|Simplelegal||$10,000,000||$10M Series A by Emergence Capital||2.48X||$2,480|
|Casetext||$19,000,000||$12M Series B by Union Square||2.4X||$2,400|
|Freight Farms||$11,000,000||$7.3M Series B by Spark Capital||2.37X||$2,370|
|Next Caller||$5,000,000||$5M Series A by Crystal Towers||1.9X||$1,900|
|Regalii||$11,900,000||$7.9M by Kapor Capital||1.68X||$1,680|
|UBiome||$22,000,000||$22M Series B by 8VC||1.67X||$1,670|
|7 Cups of Tea||1.62X||$1,620|
|Asseta||$1,000,000||$1M by Flight Ventures||1.53X||$1,530|
|Unbabel||$29,500,000||$23M Series B by Scale Venture||1.46X||$1,460|
|Geekatoo||$0||Acquired by HelloTech||1.28X||$1,280|
|Terrafugia||$5,350,000||Acquired by Geely for Stock||1X||$1,000|
|Goldbely||$10,000,000||$10M by Global Founders Capital||1X||$1,000|
|Replenish||$6,900,000||$6.9M by Alumni Ventures||1X||$1,000|
|Mtailor||$2,000,000||$2M by Khosla Ventures||1X||$1,000|
|One Month||$1,900,000||$1.9M by Arena Ventures||1X||$1,000|
|GBatteries||$1.2M grant by Canada||1X||$1,000|
|Company||Date Closed||Amount Raised on Wefunder||Last Status|
|Everipedia||Dec 2016||$129,878||$30M Series A by Digital Galaxy|
|Beta Bionics||Aug 2016||$1,000,000||$12.5M by Eli Lilly, Novo Nordis, & others|
|Meow Wolf||Jul 2017||$1,069,938||$7.5M follow-on-financing|
|Discotech||Oct 2016||$126,788||$1.2M by Wavemaker Partners|
|Snapwire||May 2017||$184,752||Raised $800k seed by angels|
|Chareau||May 2017||$390,782||Won Double Gold Medal at the 2017 SF World Spirits Competition|
|That Christmas Movie||Oct 2017||$308,900||Alive|
|Epec - James F.C. Hyde Sorgho Whiskey||Oct 2017||$222,459||Alive|
|PlantSnap||Sep 2017||$118,150||#8 paid iPhone app on app store in April 2018|
|BioClonetics Immunotherapeutics||Sep 2017||$386,766||Alive|
|Balance||Sep 2017||$1,078,200||Launched the public beta of Balance Manager|
|Hopsters||Feb 2017||$1,070,000||Opened 2nd location in Seaport on Jan 4|
|Minds||Jun 2017||$1,036,095||Over 1 million users and over 105,000 monthly active users|
|Hops and Grain||Aug 2016||$1,000,000||Alive|
|Legion M||Aug 2016||$999,999||"Bad Samaritan" is opening 5/4!|
|LiquidPiston||Apr 2017||$999,999||Entering UAV market with rotary engine for drones|
|Scrap Connection||Nov 2017||$993,499||Alive|
|Neurohacker Collective||Nov 2017||$808,454||Alive|
|Cleveland Whiskey||Oct 2016||$711,787||Annual sales increased in 2017 by 63%|
|Boardwalk Hospitality||Nov 2017||$500,000||Opened location on Venice Beach|
|Ola Brew Co.||May 2017||$496,140||Alive|
|The Speakeasy||Aug 2016||$459,551||Alive|
|Monkey Rum||Feb 2017||$425,058||Recruited former chief growth officer for Pabst as CEO|
|Force for Good Fund||Nov 2016||$401,401||Alive|
|Digitally Imported||Dec 2017||$396,112||Alive|
|Voyage Media||Jun 2017||$375,983||Alive|
|VetPronto||Nov 2016||$362,718||Acquired by Vetted|
|VAUTE||Nov 2017||$341,406||Upcoming documentary about Vaute from Shopify|
|TAXA Biotechnologies||Aug 2016||$309,807||Failed|
|Barrow's Intense||Dec 2016||$301,688||Partnership with Vermont-based Mad RiverDistillers|
|Happy Tax||Dec 2017||$284,800||Alive|
|The Speakeasy||Aug 2017||$270,788||Alive|
|Haint Blue Brewing Company||Dec 2016||$266,429||Alive|
|This Is Ground||Oct 2016||$252,336||Alive|
|Happy Tax||May 2017||$242,205||Alive|
|Recoup Fitness||Oct 2017||$238,824||On Season 2 premiere of "Entrepreneur Elevator Pitch"|
|South Austin Brewery||Feb 2017||$210,680||Alive|
|Palmia||Jul 2017||$204,565||New distributor, now in Good Eggs & Mollie Stone|
|Bloomery||Jan 2017||$197,000||Successfully lobbied West Virginia to change the law|
|Ridgemont Outfitters||Oct 2017||$195,272||Alive|
|My Trail||Sep 2016||$189,675||New retail location at The Outlets in Silverthorne|
|Urban Juncture||Nov 2017||$176,829||Bernard Lloyd earned 2018 Governor’s Difference Makers Award|
|Magic Instruments||Dec 2016||$175,348||Alive|
|Legion M||Sep 2017||$167,940||Alive|
|Red Bay Coffee||Oct 2016||$160,269||Two operations in Oakland and expanding into Richmond|
|MySwimPro||Sep 2017||$131,530||Official training partner of the Global Swim Series|
|Vera Roasting Company||Apr 2017||$128,165||Alive|
|Native American Natural Foods||Dec 2017||$123,152||Alive|
|Tampon Tribe||Apr 2017||$119,119||876% net subscriber gain in 2017|
|Oodles Corporation||Aug 2017||$107,000||Alive|
|QMedic||Sep 2016||$100,000||Named one of the "best entrepreneurial companies in America" by Entrepreneur Magazine|
|Vodi||Jun 2017||$90,391||Partnership with Viettel Group|
|Ganaz Inc.||Nov 2017||$89,420||Accepted to Techstars Seattle|
|Eliot’s Adult Nut Butters||Nov 2017||$89,037||Alive|
|VooDoo Spirits||Sep 2016||$84,312||Alive|
|My Trail||May 2017||$80,820||Alive|
|Spotlight:Girls||Dec 2016||$62,500||Grant from RSF Social Finance|
|Maison Marcel||Dec 2017||$48,025||Alive|
Investor in 5 Breweries
CEO of Brewery with 5 Locations
Award-Winning Brew Master
Started and sold brewery
Screen hundreds of companies on Wefunder and also work to establish their own 'proprietary deal flow'.
Interviews the founder, researches the market, dives into the disclosure & financials, and compiles a deal memo.
Chooses an investment contract and negotiates terms that they personally invest their own money under.
Domain experts that Wefunder picks personally invest 10%.
The friends, customers, and users of the company.
Wefunder has ultimate oversight. We also run anti-fraud and compliance checks.
The team completes a deal memo while conducting due diligence. You can choose to invest more directly.
Most portfolio companies are required by law to do an Annual Report by April 30th, which includes financials. Here's a sample.
By May 30th of each year, Wefunder recalculates realized and unrealized IRR for each fund you invest in.
The MoonShot Fund invests in startups tackling the hard problems that – if they succeed in reaching their vision – would bring us closer to the Jetson’s future promised in the 1960’s.
We will make high-risk investments that have a slim chance of reaching their ambitions. However, we aim to back companies that can be acquired for their technical talent or patent portfolio if they fail, mitigating losses.
We approve funds based on odds of success. We take into account our deal flow, our network of domain experts, and demand among investors.
If a sponsor invests $250K+ with a well-crafted investing focus, we'll very likely accept the job.
We take care of everything you don't want to do. We raise the capital, hire domain experts to source & screen deals, manage compliance, issue K1's, handle annual IRR reporting, mentor the portfolio, and advocate on your behalf during follow-on financing.
We charge a 2% management fee and 20% carried interest. Wefunder retains 5% carry. The remainder compensates a team of industry veterans to source, vet, and negotiate high-quality deals.
Wefunder's fully-owned subsidiary, Wefunder Advisors LLC, manages the fund on your behalf. Wefunder Advisors is an exempt reporting investment advisor. Wefunder Advisor hires a team of domain experts to assist.
If the Fund has greater than 95 investors, it is regulated as a full-fledged mutual fund, which would dramatically increase costs and make the fund impractical as an investment vehicle.
We place priority on investors who invest high amounts early, but make exceptions for those who can help the portfolio that the Fund invests in.
First, Fund Managers must personally invest at least 10% of the capital that the Fund invests, on the same terms. It can be any single manager with conviction (we believe investing by committees leads to poorer decisions) or any combination of the team.
Second, the crowd (composed of the friends, customers, and users of the company) matches the Fund commitment. We believe that business that have their customers and friends invest are less likely to fail. However, Wefunder Advisors may waive this requirement in special circumstances.
Wefunder Advisors then approves the Fund Investment after conducting compliance and anti-fraud checks.
When investing in earlier stage companies, the team of Fund Managers will negotiate valuations based on their experience in the industry.
When investing in later-stage companies, they will often match the valuation and terms set by larger seed funds and venture capitalists.
Equity investments in startups have a very long term horizon. It typically takes 3-10 years for a successful company to have a liquidity event, when it either gets acquired or has an IPO.
Some Funds may invest in main street businesses with annual dividends or revenue share repayments. If this is the case, it will be noted in the investment target description.
For equity deals, we disperse funds to investors when any company has a liquidity event, once per year on May 30th.
If the fund invests in businesses that offer a dividend or share of revenue, those funds will be dispersed once per year on May 30th.
The Fund charges 20% carried interest and a 2% management fee. This is the standard fee for venture capital and private equity funds.
Wefunder retains 5% of the 20% carried interest.
The remainder of the compensation is used to incentivize a group of domain experts to scout out good companies, conduct due diligence on them, and mentor to help them succeed.
After you invest in the fund, there will be no further capital calls.
Yes, but only for 48 hours.
Otherwise, you can cancel anytime only when a Fund is pre-launch, when we are still recruiting a team of experts. If you make a commitment, you will recieve a 5 day notice when this period ends (along with the bios of the experts chosen).
No. This is not a mutual fund. All capital will be invested in private companies in long-term, illiquid investments.
The Fund is expected to make between 10 to 20 investments.
No. You can't opt out of any individual investment that the fund makes.
Yes. In most cases, a company will list a campaign on Wefunder, where you may make an additional direct investment, in addition to your exposure through the Fund. To help you make this decision, you will also recieve the report card summarizing the diligence that the fund managers compiled.
The fund managers will typically negotiate an "early bird perk" where the fund (and the backers) can invest at better terms if they act fast. This is a matter of fairness since the investors in the Fund are paying (in the form of carried interest) for the deal flow and the due diligence that the crowd benefits from.
Fund most often invest between $25,000 and $100,000.
After each investment is made, you'll be notified of the selection via e-mail, along with a report card.
Most companies on Wefunder are required by law to release an annual report (typically on April 30th) that discloses important items like full GAAP financial statements and a cap table. Here's a actual annual report of one company.
Additionally, once a year by May 30th, we will update the estimated unrealized IRR of your portfolio.
The team of Fund Managers will identify one "lead" investor to manage the investment, including any voting rights. The Lead Investor will have a fudiciary duty to advocate on your behalf to maximize your investment. Wefunder Advisors has ultimate oversight.
In almost all cases, the Fund will only invest if investment contract has voting rights. Further, when the crowd invests in a company, retail investors investing small amounts will most often proxy their voting rights to the Lead Investor.
Fund Managers typically negotiate for pro-rata rights when making larger investments. The Fund will particpate in follow-on opportunities subject to available capital and deal quality. The Fund Managers may also open up a side fund for interested investors.
We're not allowed to offer tax advice. You'll receive a single K-1 from each Fund each year. Your accountant can offer more specific advice.
Yes, if legal in your country. You should check with your lawyer and accountant.
Yes. We can accept investments in a Fund only from those who are an accredited investor. Unfortuantely, it is still illegal for unaccredited investors to invest in venture capital funds.
Yes. You can check out our FAQ for more information on risks, returns, different securities, and how startup financing works.
Disclosures. Past performance is not indicative of future returns. Examples of previous Wefunder investments are for illustrative purposes only. Full list available upon request. There is no guarantee that any fund will achieve the same exposure to, or quality of, startups held by any existing fund. Any investment involves a high degree of risk and is suitable only for sophisticated and qualified accredited investors. We do not provide investment advice to investors and no communication, through this website or in any other medium, should be construed as a recommendation for any security offered on or off Wefunder. This material is provided for informational purposes only and shall not constitute an offer for any security, which will only be made pursuant to formal offering documents containing full details regarding risks, minimum investment, fees and expenses. Please contact us for more info.
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