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
$152,722,170
for 460 startups
Legal Now
Regulation D
Wefunder Advisors LLC
$45,019,283
for 126 startups
Rare
Regulation A+
Wefunder Inc
$9,738,984
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).
Hi Oleksiy - I invested on 06/28 and I received an email that my investment is in waitlist. May I know when will I get to know if it went through?
Thank you,
Teja.
Hi Teja, waitlist means we are oversubscribed. There is nothing to worry at this stage as we are moving accredited investors to Reg D to free the space in Reg CF. Thank you.
I invested $8000 because I believe in your vision. Do you think in future you will enable rental property owner to be able to sell their property with tenant to other investors, something like Roofstock.By the way before it says valuation $9m and now $7m with 30% discount so will I be getting in at the lower valuation. I invested about a month ago.
Congratulations to a very successful raise.
Hi Chatri, Thank you for the questions. Yes, we know Roofstock and our goal is to offer as much flexibility as possible to the landlords in the future. That is why this year we also entered the space for selling/buying properties. In terms of valuation, we had early bird $7M valuation. Therefore, if you invested in the beginning prior for us to hit $700k, you would get $7M valuation.
Please do not forget to transition to Reg D for your investment to be valid as all accredited investors will have to transfer to Reg D.
The steps for the transition are below:
Step 1: Log in to your WeFunder account and click on this link to sign the Reg D transition document: https://wefunder.com/myrentberry/transition
Step 2: WeFunder will send you the email labeled βPlease verify your status as an accredited investorβ. That email will include the link where you will be able to complete the final step β upload a screenshot or document to verify your accreditation status.
Thank you.
Thank you!
Perfect timing, I see nothing but positive going forward. here"s to SUCCESS.
Hi Greg, Thank you!
I don't have a broker or a lawyer or millions of dollars to post what do I do and I already invested
Hi Paul, thank you!
It is amazing when I think of the future of this company.. the sky is the limit....
Hi Chemere, Thank you!
whoo hoo!! Itβs Show Time!!!
Hi Michael, Thank you!
Good all investors
Hi Midian, Thank you!
Hi Oleksiy,
I will use Rentberry myself when I need to rent a place. I will spread the world I know to use Rentberry.
A+
-Tan
Hi Tan, Thank you!