We would like to share a few exciting updates since the Wefunder campaign closed:
We launched a new Mevo.com website focused on our new camera Mevo Start with new demo video content.
Mevo Start manufacturing is ramping up well to more than 1,000 cameras/week shipped to us from the factory - but demand from our resellers is still larger than arrivals. We hope to catch up by September.
Our hardware engineering team is already working on our next generations of Mevo hardware products for 2021 reveal. During this time, the software team continues to provide improvements to our existing products and customers via app updates (including webcam and multi-camera features).
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 397 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 701,236 investors who funded 484 startups with over $178.5 million1
wefunder.com/updates/135967-new-mevo-com-and-mevo-webcam-beta 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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