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Senator Brown at the Wefunder Crowdfunding Forum

Senator Brown, Congressman McHenry, and others talk about Crowdfunding

Nick Tommarello · March 5, 2012


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2,071 startups have raised $888,147,825 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.
Legal May 16th 2016
Regulation Crowdfunding
Wefunder Portal LLC
$705,247,163
for 1693 startups
Legal Now
Regulation D
Wefunder Advisors LLC
$171,031,070
for 494 startups
Rare
Regulation A+
Wefunder Inc
$9,651,658
for 3 startups
Curious how well the companies have done? Or how many raised follow-on financing?
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).

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wefunder.com is a website owned by Wefunder Inc., the parent company of Wefunder Advisors LLC and Wefunder Portal LLC. Wefunder Inc. operates sections of wefunder.com where certain Regulation D and Regulation A+ offerings are available. Wefunder Inc. is not regulated in any capacity, is not registered as either a broker-dealer or funding portal, and is not a member of FINRA or any other self-regulatory organization.

Wefunder Advisors is an exempt reporting adviser that makes filings with the SEC and certain states. Wefunder Advisors advises special purpose vehicles (SPVs) used in certain Regulation D offerings that are available on wefunder.com.

Wefunder Portal is a funding portal (CRD #283503) that is registered with the SEC and is a member of FINRA. Wefunder Portal operates sections of wefunder.com where certain Regulation Crowdfunding offerings are available. For Reg CF investments, Wefunder Portal may charge issuers up to a 7.9% fee. Anyone with a financial stake in a company fundraising on Wefunder, such as a promoter, employee, or founder, must disclose their relationship when communicating with other investors. Investors should read our educational materials on startup investing. Educational materials are continually updated at https://help.wefunder.com.

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