What Does Wefunder Do?

    Learn about what Wefunder does, their services, competitors, and key information.

    What Does Wefunder Do?

    Name: Wefunder

    Headquarters: San Francisco, CA, USA

    Employees: 11-50

    Wefunder is an online crowdfunding platform that enables anyone to invest in startups and small businesses, allowing investments as low as $100. By leveraging regulatory changes introduced by the JOBS Act, Wefunder democratizes startup investing, making it accessible to all, not just accredited or wealthy investors.

    Wefunder’s platform connects startups seeking capital with a broad base of investors who are passionate about innovation and entrepreneurship. This approach not only increases the pool of available funding for early-stage companies, but also gives startups an engaged community of supporters who have a vested interest in their success.

    The Technology That Enabled Wefunder

    The rise of equity crowdfunding is closely tied to regulatory shifts, especially the JOBS Act in the United States, which opened private startup investments to non-accredited investors. Wefunder utilizes an intuitive web platform, compliance tools, and secure transaction infrastructure to facilitate investments, vet deals, and manage investor relations at scale. Their technology streamlines the traditionally complex process of startup fundraising, making it simple for both founders and investors.

    Who Uses Wefunder?

    Wefunder serves a diverse group of users:

    • Individual investors, including both accredited and non-accredited, who want to back early-stage companies and participate in their potential growth.
    • Startups and small businesses seeking to raise capital from a wide base of backers, often leveraging their own customers and communities.

    This model attracts founders looking for more than just funding—they gain early advocates and a network of supporters.

    Wefunder's Competitors and the Crowdfunding Investment Landscape

    Wefunder operates within the fintech and equity crowdfunding sector, competing with several notable platforms:

    • MicroVentures: Offers vetted startup deals, secondary trading, and access to private equity for investors.
    • StartEngine: Enables everyday people to invest and buy shares in early stage companies.
    • Republic: Allows anyone to invest in private startups, often with a minimum as low as $50.
    • OurCrowd: Focuses on accredited investors, offering access to venture debt and private equity funds.
    • Fundable: Provides tools for startups to manage professional fundraising from accredited investors.

    These platforms vary in minimum investment, investor eligibility, and the types of deals offered, but all aim to connect startups with a broader pool of potential backers than traditional venture capital.

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