Thanks for the fabulous support for our campaign over the past few weeks.
As we started our 45 hours countdown for our campaign closure we appeal for your support to reach our goal of 300,000.
Why VCs are betting billions on the connected world(IoT)?
From PitchBook : While the industry—catchy acronym and all—has been buzzy for a while, it’s still picking up steam when you look at historical venture capital investment in the space. Deal count and capital invested were relatively steady from 2007 to 2013; two years later, however, both totals had nearly doubled on a yearly basis. 2014 marks when VCs really began to pour money into IoT startups, completing 288 deals in the US worth a combined $839 million. Capital invested has since continued its upward trend, with this year already seeing a record amount disbursed.
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 223 startups
Wefunder Advisors LLC
for 98 startups
for 1 startup
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 298,374 investors who funded 309 startups with over $110.5 million1
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 Reg Crowdfunding offerings are made.
Wefunder, Inc. operates sections of wefunder.com where some Reg 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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