Why choose Wefunder?
WeвЂ™re the largest money portal. We’ve raised the essential bucks.
YouвЂ™ll raise more income on Wefunder, faster. We have raised the essential bucks for startups which use Reg CF. WeвЂ™re since big as our top three competitors combined.
WeвЂ™ve funded dozens of startups that raised capital raising.
Prestige matters: the most readily useful platform places you alongside the greatest businesses. WeвЂ™ve funded 4 startups now well worth over $1 billion and 12 over $100M. Our rivals do not come near.
ItвЂ™s not only money. Our system of founders can alter your trajectory.
Whenever Wefunder went through Y Combinator, we learned exactly exactly how valuable the system ended up being. They inspired us. Us, youвЂ™ll have access to hundreds of world-class founders who want to help when you raise with.
WeвЂ™re a Public Benefit Corporation.
Doing right by founders is our North Star. Our moonshot: to aid 20,000 founders log off the floor. By 2029. In most 50 states. Of all of the backgrounds.
This can be our lifeвЂ™s work. We lobbied Congress to produce these rules.
We began on 1 day. In 2012, we convinced Congress to pass through the JOBS Act, legalizing equity crowdfunding. This is exactly what weвЂ™ve made a decision to do with our life.
We are an united team of founders that do crazy things. because we worry.
We grok founders because we are founders. We additionally do crazy such things as have actually our entire business use the Amtrak across America, to fulfill founders face-to-face.
Get in on the family members
Whenever you raise on Wefunder, you might be area of the household. Town of founders may be in the same way valuable to your online business due to the fact money.
just What founders say
Never just just take our term for this. Tune in to the founders we have assisted.
If you learn a significantly better deal, we’ll beat it
You won’t spend us a dime until you raise money. We have confidence in really pricing that is simple. Simply no concealed charges or ridiculous charges that are extra.
Any such thing in america – from technology startups to donut shops. We fund traveling vehicles, coffee stores, breweries, rockets, ostrich farms, movie studios, films – you title it. The thing in keeping? Each have community of people that have confidence in them.
Yes! We team all shareholders on Wefunder into one entity that is legal the limit dining table. You’ll select an investor that is lead will to remain behalf of the entity.
Yes! Plenty Of them. We have had over $2.2 billion bucks of investment capital have dedicated to organizations when they raised on Wefunder. We’ve over a dozen organizations being now respected 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 investment capital.
- 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 safety, such as for instance that loan, promissory note, convertible note, SECURE, revenue share, or favored stock. You are able to upload your custom that is own investment, or, if you’d instead maybe perhaps not employ an attorney to re-invent the wheel, select from our library of investment agreements.
We suggest agreeing on terms together with your lead investor – you’ll raise more cash if smaller investors are investing for a passing fancy financial terms as an expert.
In 2012, Wefunder aided Congress pass the WORK Act, a legislation which allows organizations to raise money online from anybody, not merely the wealthy. This legislation created brand new federal rules to increase money: Regulation Crowdfunding, Regulation A+, and Regulation D, Rule 506(c).
Wefunder supports most of these brand new regulations, therefore we makes it possible to raise cash at any stage of the business.
Yes! For businesses that raise over $1,070,000 in a Regulation Crowdfunding offering, we host regulation that is concurrent 506(c) offerings 100% free, where limitless quantities of cash are 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, as an example, has raised over $8M from over 20,000 investors on Wefunder, utilizing both Regulation Crowdfunding and Regulation A+.
We help create and register all documents with all the SEC (called a “Form C”) in order to do a Regulation Crowdfunding campaign. Here is the way that is easiest to lawfully accept funds from any possible investor on the web.
For later-stage businesses, we are able to additionally help Regulation A+ and Regulation D.
For Regulation Crowdfunding promotions, there are two downsides that are potential
- Disclosure of GAAP financials. The law calls for you disclose your GAAP financials whenever you fundraise, in many cases evaluated with 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 organization is supposed to produce a report that is annual. We have written computer pc software that will help you are doing this in a few hours, however it is information that is public. In the event that you choose not to ever do an annual report, regulations bars you against raising via Regulation Crowdfunding once again until such time you do this. But, you can easily nevertheless raise with Regulation D from accredited investors and venture capitalists.
We have solved most of the other potential drawbacks, and that’s why many startups on Wefunder have now been in a position to raise investment capital afterward. You will have one entity that is legal your limit dining table that represents all your investors. Your business may be protected from expensive “12g” reporting needs when your protection is made correctly. We could help draft the disclosure papers for $0.
$0 in advance. We charge 7.5% of this funds raised just in the event that you raise money. We charge $0 if you cannot raise money.
Wefunder will not simply take a portion of the company.
There are no other fees that are hidden.
When you can get a much better offer on paper, we’ll beat it.
30 seconds. Check it out! Your pals can click a few buttons to move money with regards to bank card or even a bank account. Or they could wire funds or mail a check. All the funds get into an escrow account until your round closes.
After your campaign hits your minimum funding target, while the funds are collected in a escrow account, it is possible to ask us to initiate a “rolling close”. After investors reconfirm their investment, we are going to move all profit escrow to your money. Your Wefunder round can stay ready to accept attract funding that is additional.
Unlike Kickstarter, you’re not attempting to sell an item. Unlike GoFundMe, you’re not requesting a online payday loans Cumbria handout. The ability to invest (i.e., be owners) in your company with Wefunder, you are offering your friends. They will generate income in the event that you earn money.
As your investors are literally owners, these are generally inside it for the haul that is long and so are alot more incentivized to worry about your organization than simply a person. You will have the ability to raise more cash when it is maybe not just a contribution.
We’re more than just cash. You can book workplace hours with an experienced creator from XX from time to time. We cannot guarantee your top choice. Rather, we are going to match your request for office hours aided by the most useful consultant that is available and greatest able to aid.
We shall additionally assist you to unlock the worthiness from your own military of superfans who would like to assist you to be successful.
There is an abundance of fundraising advice on the market. We understand it could be intimidating to some body new as of this. By using Wefunder, additionally you get a passionate team of fundraising professionals that will provide you with the most readily useful advice for the specific phase and form of company.