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
$153,577,209
for 463 startups
Legal Now
Regulation D
Wefunder Advisors LLC
$45,108,772
for 127 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).
Thanks for the update. It was very useful.
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Thank you I will be posting some more updates today. I am a full-time paramedic, we are working hard on creating a hybrid telemedicine system that brings healthcare to patients' side eventually nation wide using this model. We are ready to begin operations in short order but th is will require capital.
To give you an idea of where this is going if these numbers continue to grow at these rates, people will have to be treated in their homes or will be sent home to die in their homes. We believe there is a better way to care for a surge of Covid-19 patients.