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Wefunder

North America, California, United States, San Francisco

Description

Wefunder is a pioneering equity crowdfunding platform based in San Francisco, established with the mission to democratize startup investing and empower founders to raise capital from their communities and a broad base of individual investors. Unlike traditional venture capital firms that deploy institutional funds, Wefunder operates primarily as an intermediary, enabling companies to solicit investments from both accredited and non-accredited investors under regulations like Regulation Crowdfunding (Reg CF) and Regulation D. This model allows startups to access capital from a wider pool, often including their most passionate customers and supporters, alongside professional angels and venture capitalists.

Since its inception, Wefunder has facilitated substantial capital flow into the startup ecosystem. The platform boasts an impressive track record, having helped over 2,000 founders collectively raise more than $600 million. This has been achieved through the participation of over 2 million investors, who can contribute as little as $100 to a campaign, making startup investment accessible to a broad public. Companies leveraging Wefunder can raise up to $5 million under the current Reg CF limits, providing a significant alternative to traditional fundraising avenues, particularly for early-stage ventures that might not fit conventional VC criteria.

While Wefunder's core business is facilitating crowd investments, the platform also engages in direct investment through its "Wefunder Fund" or similar initiatives. This fund strategically co-invests alongside the crowd in select campaigns, often serving as a catalyst to kickstart a round or demonstrate conviction in a promising startup. These direct investments are typically smaller, strategic cheques designed to complement the broader crowdfunding efforts. The Wefunder Fund commonly deploys initial investments ranging from $25,000 to $100,000, providing a blend of institutional backing and community-driven capital. This hybrid model positions Wefunder as a unique player, bridging the gap between grassroots funding and more structured venture capital, fostering a more inclusive and diverse landscape for startup financing.

Investor Profile

Wefunder has backed more than 42 startups, with 1 new investments in the last 12 months alone. The firm has led 7 rounds, about 17% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Pre Seed, Seed, Equity Crowdfunding rounds (top funding stages).
  • Majority of deals are located in United States, Colombia, United Kingdom.
  • Strong thematic focus on Software, SaaS, Health Care.
  • Typical check size: $25K – $100K.

Stage Focus

  • Pre Seed (38%)
  • Seed (33%)
  • Equity Crowdfunding (19%)
  • Series Unknown (5%)
  • Undisclosed (2%)
  • Angel (2%)

Country Focus

  • United States (90%)
  • Colombia (2%)
  • United Kingdom (2%)
  • Kenya (2%)
  • United Arab Emirates (2%)

Industry Focus

  • Software
  • Saas
  • Health Care
  • Information Technology
  • Mobile
  • Media And Entertainment
  • E-commerce
  • Internet
  • Marketing
  • Social Network
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Wefunder frequently co-invest with?

StartCaps Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Zillionize
North America, California, United States, Palo Alto
Co-Investments: 2
FundersClub
North America, California, United States, San Francisco
Co-Investments: 4
500 Global
North America, California, United States, San Francisco
Co-Investments: 4
Wavemaker Partners
Asia, Central Region, Singapore, Singapore
Co-Investments: 2
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 2
Plug and Play
North America, California, United States, Sunnyvale
Co-Investments: 2
BG
North America, Missouri, United States, St Louis
Co-Investments: 2
Augusta Investments
North America, California, United States, San Francisco
Co-Investments: 2
RC
North America, Kentucky, United States, Louisville
Co-Investments: 2

Which angels does Wefunder often collaborate with?

Daniel Curran
North America, California, United States, Santa Monica
Shared Deals: 2
BW
North America, California, United States, Los Angeles
Shared Deals: 2
AA
North America, New York, United States, New York
Shared Deals: 1
AG
North America, California, United States, San Francisco
Shared Deals: 1
Shared Deals: 1
AA
North America, California, United States, San Francisco
Shared Deals: 2
Catherine Chang
Asia, Hong Kong
Shared Deals: 1
PT
North America, District of Columbia, United States, Washington
Shared Deals: 2
CC
North America, Ohio, United States, Columbus
Shared Deals: 1
Shared Deals: 1

What are some of recent deals done by Wefunder?

Synchronymax

Seattle, Washington, United States

Synchronymax strives to provide AI agents capable of progressing from simple tasks to strategic decisions.

AnalyticsArtificial Intelligence (AI)Generative AI
Pre SeedNov 3, 2024
Amount Raised: $1,765,000
Biophysical Therapeutics

Wilmington, Delaware, United States

Biophysical Therapeutics uses computational biology to design new drugs. Its primary targets are cancer, diseases of aging, & aging itself.

BiotechnologyLife ScienceMedicalTherapeutics
Pre SeedJun 5, 2023
Amount Raised: $190,000

Woofy, Inc. is a tech startup behind an AI marketing platform HelloWoofy.com + a smart selfie lead capture platform SelfTact.com.

Generative AIInformation TechnologyMarketingSocial Media
Equity CrowdfundingMay 1, 2023
Amount Raised: $684,000
Kitchenery

Tampa, Florida, United States

Kitchenery is a company that combines wireless energy transmission, hardware, software, and data.

Consumer ElectronicsElectronicsHardwareHome AppliancesSoftwareWireless
Equity CrowdfundingFeb 14, 2023
Amount Raised: $179,618
Reflect

Austin, Texas, United States

Networked note-taking tool

Productivity ToolsSoftware
SeedJan 12, 2023
Amount Raised: $1,208,000
Patika

Nairobi, Nairobi Area, Kenya

Patika focused on helping African microenterprises come online and enjoy the benefits of the digital age.

Payments
Equity CrowdfundingJan 1, 2023
Amount Raised: $500,000
Bundlr corp

San Anselmo, California, United States

Bundlr is a platform for content creation, creator discovery, and consumer consumption.

Apps
Pre SeedSep 30, 2022
Amount Raised: $51,000
Savvos Health

American Fork, Utah, United States

Fintech digital health platform: a smarter way for patients, payors, providers to find a great price, schedule care, and simplify payment.

Health CareHospital
Pre SeedSep 20, 2022
Amount Raised: $1,000,000
Sensate

London, England, United Kingdom

Sensate provides on-the-spot profound relaxation in as few as 10 minutes.

AppsHealth CareMedicalWellness
Equity CrowdfundingSep 7, 2022
Amount Raised: $1,000,000
Terraseed

Boulder, Colorado, United States

Terraseed offers vegan sustainably sourced supplements packaged in fully biodegradable pill bottles.

Dietary SupplementsGreenTechHealth CareOrganic Food
SeedAug 31, 2022
Amount Raised: $750,000