Wefunder
Wefunder is an equity crowdfunding platform that enables startups to raise capital from their communities under Regulation Crowdfunding and Regulation D 506(b), serving founders from pre-seed to Series C with products including community rounds, private rounds, SPVs, syndicate and fund administration, and an API for programmatic capital workflows.
- Company typePrivate
- Founded2011
- HeadquartersSan Francisco, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Wefunder does
Wefunder is an equity crowdfunding platform founded in 2012 (incorporated as Wefunder Inc, headquartered in San Francisco with regulatory entity Wefunder Portal LLC in Gun Barrel City, Texas) that enables startups and companies to raise capital from their customers, users, and communities under U.S. securities regulations. The platform operates two primary fundraising rails: Community Rounds under Regulation Crowdfunding (open to anyone, $100 minimum, up to $5M/year from unaccredited investors) and Private Rounds under Regulation D 506(b) (accredited investors only, up to 247 per SPV). Supporting products include SPV creation and administration, Syndicate and Fund infrastructure for angel operators and emerging managers, an Investor Warmup tool for pre-fundraising audience building, and an Agents & API layer offering REST and MCP-ready endpoints for programmatic capital workflows.
The platform's technology stack includes automated compliance (KYC/AML, accreditation checks, Form D and Blue Sky filings), payment processing (USD, USDC, ACH, Apple Pay, wire), cap table management, tax and K-1 distribution, and an AI agent for investor relationship management. Wefunder Portal LLC is a FINRA-registered funding portal, and the parent entity operates as a Delaware Public Benefit Corporation.
Wefunder's business model is transaction-based: 7.9% of funds raised plus a $1,000/year fee on Community Rounds; $10,000 per SPV setup (paid by investors); 0.5% management fee plus 5-10% carried interest on Wefunder-sourced investors; and 0.15% AUM plus $10,000/year plus 5% carry for fund administration. As of the latest disclosed data, the platform has facilitated $2.37B+ in cumulative transactions, 1.15M+ investments, 4,409+ founders funded, and 3,065+ SPVs and Funds created, serving verticals ranging from Y Combinator startups and consumer brands to climate tech, edtech, and local businesses.
Wefunder firmographics
Firmographics- Name
- Wefunder
- Legal name
- Wefunder Inc
- Website
- http://www.wefunder.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Wefunder is an equity crowdfunding platform that enables startups to raise capital from their communities under Regulation Crowdfunding and Regulation D 506(b), serving founders from pre-seed to Series C with products including community rounds, private rounds, SPVs, syndicate and fund administration, and an API for programmatic capital workflows.
- Ownership category
- akta.pro rank
Wefunder industry classification
Industry- Product category
- Equity Crowdfunding Platform
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Finance Services (6199)
- akta.pro primary industry
- Project Finance Capital Raising Intermediation (FSAEALAJ)
- akta.pro secondary industries
- Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN), Cross-Border B2B2C Payouts (Mass Payouts, Gig/Creator, Marketplace) (FSAGAKAC)
Keywords
Where Wefunder is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Wefunder business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Community Round Platform Fees: Wefunder charges 7.9% of all funds successfully raised through Community Rounds, plus an annual fee of $1,000 per year. This is the primary revenue stream from companies raising publicly from unaccredited investors under Reg CF.
- Private Round SPV Fees: For Private Rounds (Reg D 506(b)), direct cap table investments are free for founders. SPV investors pay a one-time $10,000 setup fee. For investors Wefunder introduces from its network, those investors pay 5% management fees (0.5% for 10 years) plus 10% carried interest.
- Syndicate SPV Fees: Syndicates are free to create. SPVs cost $10,000 per setup, paid by investors in the SPV. For investors Wefunder introduces, syndicate managers pay 0.5% management fee plus 5% carry.
- Fund Administration Fees: Base plan for emerging managers: 0.15% admin fee plus $10K annually on AUM, plus 5% carry on returns from LPs sourced through Wefunder's network. Custom institutional pricing available for established managers.
- Wefunder Self-Funding: Wefunder has also funded itself on Wefunder since 2012, raising approximately $25 million from ~9,000 investors, demonstrating alignment with the community investment model.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Investor Warmup - Free tier for building investor lists |
| Transaction based/ take rate | Pay-as-you-go | Private Round - Free for founders, investors pay SPV fees |
| Subscription | Annual | Community Round - 7.9% of funds raised + $1,000/year |
| Transaction based/ take rate | Multi-year contract | Syndicate - Free to create, SPV fees apply |
| Subscription | Annual | Fund Management - Base tier for emerging managers |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Wefunder product offering
Product offeringCore offering
Wefunder operates an equity crowdfunding and private placement platform that enables startups to raise capital from their community of customers, fans, and supporters under Regulation CF (Community Rounds) and Regulation D 506(b) (Private Rounds via SPV). The platform handles end-to-end compliance, KYC/AML and accreditation checks, payment processing, cap table management, and legal documentation, and provides supporting products for syndicates, funds, SPVs, investor warmup, and a programmatic API/Agents layer. Revenue is earned via transaction-based platform fees, SPV setup fees, and fund administration/management fees.
Product overview
Wefunder is an equity crowdfunding platform structured as a unified platform with multiple modular fundraising products. The core offering includes Community Rounds (Regulation CF for public raises from anyone starting at $100), Private Rounds (Regulation D for accredited investors only up to 247), and Syndicate/Fund infrastructure for managing investment vehicles. Supporting modules include SPV creation for pooling investor capital, Investor Warmup for pre-fundraising audience building, and an Agents & API layer providing programmatic access for platforms, funds, and AI agents to embed capital workflows.
Differentiator
Problem solved
Functional benefit
Products and services
- Community Round Public equity crowdfunding product under Regulation CF that lets startups raise up to $5M/year from unlimited fans, customers, and the general public starting at $100 per investor, with a single line on the cap table.
- Private Round Accredited-only private fundraising product under Regulation D 506(b) that lets founders invite angels or tap Wefunder's network, with up to 247 investors consolidated into a single cap table line via SPV.
- Syndicate Syndicate platform for operators with deal flow to lead deals and build LP communities, with SPV creation, fund management, carry configuration, and compliance handled by Wefunder.
- Fund
- SPV Special Purpose Vehicle creation and management product that pools investor capital into one entity, consolidating up to 247 angels into a single cap table line with full compliance, K-1s, SAFE conversions, and lifetime administration.
- Investor Warmup Pre-fundraising module that helps founders build and engage investor lists (customers, fans, supporters) before launching a raise, with CRM integration, engagement tracking, and 'testing the waters' conversion to live rounds.
- Agents & API Programmable agent infrastructure and REST API for embedding capital workflows into products, enabling platforms, funds, and AI agents to programmatically create SPVs, manage investments, process payments, and integrate via MCP (Model Context Protocol).
Quantifiable outcome
- $5M raised in 90 minutes
- +5 more outcomes
Companies that use Wefunder
Customer profileNamed customers6 records
Segments11 records
Ideal customer profiles3 records
Wefunder technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature5 records
Wefunder partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- U.S. Congress / Obama AdministrationcoreWefunder petitioned Congress to change securities laws to legalize community investing for unaccredited investors. Invited to watch President Obama sign the JOBS Act into law in April 2012, which created Regulation Crowdfunding.
- FINRA (Financial Industry Regulatory Authority)coreWefunder Portal LLC is a member of FINRA, operating as the regulated funding portal entity. This regulatory membership is essential for Wefunder's operations as an equity crowdfunding platform under Regulation Crowdfunding.
Scale indicators15 records
Recent moves6 records
Expansion highlights5 records
Wefunder competitors and assessment
Company assessmentDirect peers
- StartEngine: StartEngine is a leading equity crowdfunding platform operating under Reg CF and Reg A+, directly competing with Wefunder for issuer and investor mindshare. It led Wefunder in Q1 2026 Reg CF + Reg A volume ($27.8M vs Wefunder's $20.4M).
- DealMaker: DealMaker is the dominant equity crowdfunding platform by Reg CF + Reg A volume, capturing $80.9M in Q1 2026 — roughly 4x Wefunder's volume. It offers similar community raise technology and is a primary direct competitor.
- Republic: Republic is a multi-asset crowdfunding platform offering equity, debt, and crypto token offerings under Reg CF, Reg A+, and Reg D. It overlaps directly with Wefunder's Community Round and Private Round products, targeting similar founders and retail investors.
- SeedInvest: SeedInvest is an equity crowdfunding platform (now part of StartEngine) that facilitates Reg CF and Reg D offerings. It directly competes with Wefunder for venture-stage startups seeking community capital.
- AngelList (AngelList Venture): AngelList operates a platform for syndicated angel investing, fund formation, and SPV management — directly overlapping with Wefunder's Syndicate, Fund, and SPV products for accredited and professional investors.
- MicroVentures: MicroVentures is an early entrant in equity crowdfunding, offering Reg CF and Reg D offerings. It directly competes with Wefunder in enabling retail investors to access startup equity.
Broad incumbents
- Carta: Carta is the dominant cap table management and private market infrastructure platform. While it serves a broader function than Wefunder, it increasingly overlaps in SPV management, investor onboarding, and private market workflow — areas where Wefunder competes for adjacent infrastructure dollars.
Regional players
- OurCrowd: OurCrowd is an Israel-based equity crowdfunding and venture platform with global reach. It offers a comparable model of community-driven startup investing but operates primarily outside the U.S. regulatory framework, making it a regional rather than direct competitor.
Emerging players
- Honeycomb Credit: Honeycomb Credit is an emerging player focused on small business and Main Street crowdfunding using Reg CF. It addresses a subset of Wefunder's use cases (local businesses, restaurants, breweries) but with narrower scope.
- Fundrise: Fundrise is a real estate and private markets platform offering community-style investing to retail investors. While focused primarily on real estate rather than startup equity, it shares the Reg-based democratized investing model and overlapping retail investor base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks2 records
Key highlights6 records
Customer concentration
Wefunder social profiles
Digital presenceWefunder financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wefunder leadership team
Management profileNumber of profiles
Profiles4 records
Wefunder subsidiaries and ownership
Company hierarchySubsidiaries3 records
Wefunder funding detail
Funding detailFunding overview
Funding rounds10 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wefunder M&A and investment
M&A and investmentM&A
Investments55 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wefunder
What does Wefunder do?
Wefunder operates an equity crowdfunding and private placement platform that enables startups to raise capital from their community of customers, fans, and supporters under Regulation CF (Community Rounds) and Regulation D 506(b) (Private Rounds via SPV). The platform handles end-to-end compliance, KYC/AML and accreditation checks, payment processing, cap table management, and legal documentation, and provides supporting products for syndicates, funds, SPVs, investor warmup, and a programmatic API/Agents layer. Revenue is earned via transaction-based platform fees, SPV setup fees, and fund administration/management fees.
Is Wefunder a public or private company?
Wefunder is a private company. It is classified as venture growth investor backed and is currently operating.
When was Wefunder founded?
Wefunder was founded in 2011. It employs 11 to 50 people.
Where is Wefunder based?
Wefunder is headquartered in San Francisco, United States, in the North America region.
How does Wefunder make money?
Five revenue lines are on record. Community Round Platform Fees are the primary driver. The others are private Round SPV Fees, syndicate SPV Fees, fund Administration Fees and wefunder Self-Funding.
Who are Wefunder's main competitors?
Direct peers on record are StartEngine, DealMaker, Republic, SeedInvest, AngelList (AngelList Venture) and MicroVentures. Carta is listed as a broad incumbent. OurCrowd is listed as a regional player. Emerging players are Honeycomb Credit and Fundrise.
Does Wefunder have an API?
Yes. Wefunder offers a REST API that enables platforms, funds, and internal teams to embed capital workflows programmatically. The API supports OAuth client credentials authentication and provides endpoints for: programmatic SPV creation and management, investment tracking through the full lifecycle, investor management, fund transfers, campaign tooling, cap table operations, wire/ACH processing, investor KYC, and webhook-based event notifications. A sandbox environment with fake data and test payments is available for development. Documentation is provided at docs.wefunder.com with reference materials for authentication, sandbox testing, SPVs, investments, webhooks, and error handling. Developer documentation is at docs.wefunder.com.
What industry is Wefunder in?
Wefunder's product category is Equity Crowdfunding Platform. Its primary akta.pro industry code is FSAEALAJ, Project Finance Capital Raising Intermediation, with a secondary code of FSAGABAN, Payouts, Disbursements & Mass Payments Infrastructure. Its NAICS code is 522320 and its SIC code is 6211.