During the COVID period, we have been busily working on ways to grow our business after the economy restarts. We have been particularly excited to see growth in our products in the digital channel.
A few statistics:
D2C via our website platform
May $ sales vs 2020 average is + 599.55% from our digital platform o Increased focus on our side in sharing via social platforms only
On premise engagement – to go cocktails and Zoom
We have started to see a significant re-engagement from the bar community in to go as a brand building and volume opportunity as well as a means to stay relevant with our account base. Our latest count is 61 accounts across 15 states have included our products in these offerings
We are excited as this represents a significant additional channel to sell these products in and demonstrates strong brand equity from our core on-premise channel.
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 394 startups
Wefunder Advisors LLC
for 115 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 695,081 investors who funded 481 startups with over $176 million1
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