Thank you so much for the support both on the ground and online. As many of you know, we were unfortunately unable to accept investments from everyone due to SEC limits. You will be the first to know of any future opportunities.
We were also recently informed that Wefunder's email and notification system didn't make this immediately clear, leaving some of you confused when you received notice that your investment request had to be returned. Wefunder communicated to us that they sent out an apology with updated information and additionally issued $50 credits for the inconvenience.
Otherwise everything is accelerating into 2020 and we are growing rapidly as a network. Check out this recent piece on a corporation scraping faces from the internet for the police.
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
Wefunder Portal LLC
for 368 startups
Wefunder Advisors LLC
for 109 startups
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).
Join 639,375 investors who funded 455 startups with over $165.5 million1
wefunder.com/updates/128193-recent-coverage-and-investment-updates is managed by
Wefunder Inc. runs wefunder.com and is the parent company of Wefunder Advisors LLC and Wefunder Portal LLC. Wefunder Advisors is an exempt reporting adviser that advises SPVs used in Reg D offerings. Wefunder Portal is a funding portal (CRD #283503) that operates sections of wefunder.com where some Regulation Crowdfunding offerings are made.
Wefunder, Inc. operates sections of wefunder.com where some Regulation D and A offerings are made. Wefunder, Inc. is not regulated as either a broker-dealer or funding portal and is not a member of FINRA.
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