Why choose Wefunder?
WeвЂ™re the funding portal that is largest. We have raised the most dollars.
YouвЂ™ll raise more income on Wefunder, faster. We have raised the absolute most dollars for startups that use Reg CF. WeвЂ™re since big as our top three competitors combined.
WeвЂ™ve funded dozens of startups that raised venture capital.
Prestige matters: the platform places that are best you alongside the very best organizations. WeвЂ™ve funded 4 startups now well worth over $1 billion and 12 over $100M. Our rivals do not come near.
It is not merely money. Our system of founders can transform your trajectory.
Whenever Wefunder went through Y Combinator, we learned just just how valuable the network ended up being. They inspired us. Whenever you raise with us, youвЂ™ll have admission to a huge selection of world-class founders who would like to assist.
WeвЂ™re a Public Benefit Corporation.
Doing right by founders is our North Star. Our moonshot: to simply help 20,000 founders log off the bottom. By 2029. In every 50 states. Of all of the backgrounds.
This might be our lifeвЂ™s work. We lobbied Congress to produce these legislation.
We began on 1 day. In 2012, we convinced Congress to pass through the WORK Act, legalizing equity crowdfunding. This is exactly what weвЂ™ve made a decision to do with your life.
We are an united group of founders that do crazy things. because we care.
We grok founders because we’re founders. We additionally do crazy things such as have actually our entire business just take the Amtrak across America, to generally meet founders face-to-face.
Get in on the family members
You are part of the family when you raise on Wefunder. The city of founders is in the same way valuable to your company whilst the cash.
Just What founders say
Do not just take our word for this. Pay attention to the founders we have aided.
If you discover an improved deal, we’ll beat it
You may not spend us a dime until you raise cash. We rely on very pricing that is simple. Simply no concealed charges or ridiculous charges that are extra.
Such a thing in america – from technology startups to donut stores. We fund flying cars, coffee shops, breweries, rockets, ostrich farms, film studios, movies – you title it. The thing in accordance? Each have a community of individuals who rely on them.
Yes! We team all shareholders on Wefunder into one entity that is legal the limit table. You are able to select a lead investor who will to remain behalf for this entity.
Yes! Plenty Of them. We have had over $2.2 billion bucks of investment capital have committed to organizations when they raised on Wefunder. We now have over a dozen organizations which are now valued at over $100 million. Simply an examples that are few
- Beta Bionics raised over $1M in 2016. In 2019, they raised a $126M Series B.
- Meow Wolf raised over $1M in 2017. In 2019, they raised $150M in capital raising.
- Red Bay Coffee raised in 2016. In 2019, they shut an $8M Series A.
- Checkr, Rappi, Zenefits, and Ginkgo Bioworks are respected at over $1 billion.
We help any protection, such as for instance a loan, promissory note, convertible note, SECURE, revenue share, or stock that is preferred. You are able to upload your custom that is own investment, or, in the event that you’d instead perhaps not hire legal counsel to re-invent the wheel, pick from our library of investment contracts.
We advice agreeing on terms together with your lead investor – you’ll raise more cash if smaller investors are investing for a passing fancy economic terms as a specialist.
In 2012, Wefunder helped Congress pass the JOBS Act, a legislation that enables organizations to improve money online from anyone, not merely the rich. This law created brand new federal legislation to improve cash: Regulation Crowdfunding, Regulation A+, and Regulation D, Rule 506(c).
Wefunder supports each one of these brand new regulations, therefore we makes it possible to raise money at any phase of one’s business.
Yes! For businesses that raise over $1,070,000 in a Regulation Crowdfunding offering, we host regulation that is concurrent 506(c) offerings at no cost, where limitless quantities of money may be raised from accredited investors.
For businesses that raise over $1 million with Regulation Crowdfunding, we also host Regulation A+ offerings for free, where as much as $50 million each year could be raised from any investor.
LegionM, for instance, has raised over $8M from over 20,000 investors on Wefunder, utilizing both Regulation Crowdfunding and Regulation A+.
We help produce and register all paperwork using the SEC (called a “Form C”) to help you do a Regulation Crowdfunding campaign. Here is the way that is easiest to legally accept funds from any potential investor on the web.
For later-stage businesses, we could additionally help Regulation A+ and Regulation D.
For Regulation Crowdfunding promotions, there are two main downsides that are potential
- Disclosure of GAAP financials. Regulations calls for you reveal your GAAP financials once you fundraise, in many cases reviewed by way of a CPA. Them, we can introduce you to CPAs who typically charge under a few thousand if you don’t have.
- Yearly reports. For 36 months more often than not, your business is meant to discharge a yearly report. We have written computer pc software that can help you do this in a couple of hours, however it is information that is public. From raising via Regulation Crowdfunding again until you do so if you choose not to do an annual report, the law bars you. Nevertheless, you are able to nevertheless raise with legislation D from accredited investors and endeavor capitalists.
We have re solved a number of the other possible drawbacks, and that’s why many startups on Wefunder were in a position to raise capital raising a while later. You should have one appropriate entity on your limit dining dining table that represents all your investors. Your organization could be protected from expensive “12g” reporting needs when your safety is made precisely. We are able to help draft the disclosure documents for $0.
$0 at the start. We charge 7.5% associated with the funds raised just if you raise cash. We charge $0 if you cannot raise money.
Wefunder will not just take a share of one’s business.
There aren’t any other concealed costs.
If you’re able to get a far better offer on paper, we’ll beat it.
30 seconds. Test it! friends can click a few buttons to transfer cash making use of their charge card or perhaps a bank-account. Or they are able to wire funds payday loans Cumbria or mail a check. Most of the funds get into an escrow account until your round closes.
After your campaign hits your minimum funding target, while the funds are collected within an escrow account, you can easily ask us to initiate a “rolling close”. After investors reconfirm their investment, we’ll transfer all profit escrow to your money. Your Wefunder round can stay ready to accept attract additional financing.
Unlike Kickstarter, you aren’t offering an item. Unlike GoFundMe, you’re not seeking a handout. With Wefunder, you will be providing friends and family the capability to spend (i.e., be owners) in your organization. In the event that you generate income, they’ll generate income.
As your investors are literally owners, these are generally in it when it comes to long term, and so are so much more incentivized to worry about your business than simply a consumer. You can also be able to raise more income when it is perhaps not really a donation.
We are more than simply money. You can actually book workplace hours having a founder that is experienced XX once in a while. We can not guarantee your top choice. Rather, we are going to match your ask for workplace hours aided by the best advisor that is available and best able to greatly help.
We shall also assist you to unlock the worthiness from your army of superfans who would like to assist you to be successful.
There is quite a lot of fundraising advice around. We all know it could be intimidating to somebody brand brand new as of this. You also get a dedicated team of fundraising experts that will give you the best advice for your particular stage and kind of company when you use Wefunder.