We expected to get perhaps $100,000 of pledges, and were blown away by the response. Thank you, Hacker News, Reddit, Boing Boing, and Twitter!
1,750 startups have raised $704,936,608 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
$594,824,685
for 1438 startups
Regulation D
Wefunder Advisors LLC
$98,241,081
for 425 startups
Regulation A+
Wefunder Inc
$9,651,658
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).
