We've started rolling out our pilot programs. We'll be providing more details on this in the weekly updates. We've signed some great nonprofits such as The Gathering which provides the hungry with meals and Bublr Bikes which provides access to transportation for people in Milwaukee.
For now, I want to share what I believe to be the "Purpose of Life": what drives me and what the TaskCause platform is about. We need your help in spreading the word and raising money. We need to end the divide in our communities.
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 417 startups
Wefunder Advisors LLC
for 119 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 759,127 investors who funded 505 startups with over $186.5 million1
wefunder.com/updates/135040-the-purpose-of-life is managed by
Wefunder Portal LLC.
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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