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
$153,380,375
for 462 startups
Legal Now
Regulation D
Wefunder Advisors LLC
$45,088,784
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).
awesome. Thanks for the information. I guess at some point, someone will let us know of the crowdfunding platform will hold these shares? Is it Wefunder??? Thanks
The crowd platform you invested through hold your shares. So if you invest through WeFunder in this round, then Wefunder will hold the shares.
Wow! Thanks a lot! Good luck Keep it up
this is very exciting. thanks to OUR team for all of your hard work.
Thank you for this very much needed information!
Great information.
Thanks for that info, appreciated.
Good luck Keep it up
Thanks for that info, appreciated. If possible please also send your updates and notices by email so we can store a written record of all investor updates. Cheers to all!
love it. Please continue posting videos.
Alright, alright, alrighttttt.... Great information. Thank you Laura!!!!!
Thanks for updates.
Interesting, not completely sure if the crowdfund platform holds our shares. Please follow up with them to see if that’s true. Report back, if not. Thx
The crowd platform holds your shares. Once we go public, you can ask them to transfer your shares to the brokerage account of your choice. It is in the video we posted yesterday