WiPROSPER

What WiPROSPER does

WiPROSPER is a US-based, Cincinnati-headquartered equity crowdfunding platform purpose-built to connect Black investors with Black-owned businesses. The platform employs a collective investing model in which participating investors hold proportional stakes across multiple ventures rather than concentrating capital in a single issuer, with the goal of broadening access to venture-level ownership inside the Black economic ecosystem. The entity is structured in two parts: a 501(c)(3) nonprofit foundation (WiPROSPER Foundation) that houses the community portal and Education Hub, and a for-profit venture entity (WiPROSPER Venture) that will operate the regulated crowdfunding marketplace. An SEC application for the venture entity was pending as of the most recent disclosed materials, and the platform itself is in a pre-launch state, with community registration open but transactions not yet live.

The product surface at present consists of the WiPROSPER community portal (pre-launch registration) and an Education Hub delivering financial literacy content targeted at Black retail investors and entrepreneurs. The planned equity crowdfunding marketplace will allow Black-owned businesses to raise capital from a registered retail investor base drawn from that community. Revenue mechanics have not been disclosed; expected sources once the marketplace is SEC-cleared are transaction-based fees on issuer raises and/or investor-side fees. Go-to-market is community-led — built on the registered portal base, in-platform educational engagement, and grassroots distribution within the US Black business ecosystem.

The company has been capitalized primarily through non-dilutive grants from regional and national funders including US Bank, United Way, and Fifth Third Bank. Leadership comprises Will Carter (CEO/Executive Chairman), Monte' Davis (Chairman), and Retina Carter (Operations), several of whom bring Fortune 50 corporate experience. A $1M, 14-day equity crowdfunding campaign was launched as a community-aligned funding event to capitalize the platform's commercial launch. WiPROSPER targets the US market opportunity of approximately 1.5 million Black-owned businesses generating roughly $133 billion in annual revenue, a segment materially underserved by mainstream crowdfunding platforms.

Name

WiPROSPER

Legal name

WiPROSPER Foundation, Limited

Website

https://wiprosper.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

WiPROSPER is a US equity crowdfunding platform that connects Black investors with Black-owned businesses via a collective investing model, supported by a community portal, an Education Hub, and a pending SEC-registered venture entity.

Ownership category

akta.pro rank

Headquarters

HQ city

Cincinnati

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Equity Crowdfunding Investment Returns: Investors acquire equity ownership in WiPROSPER and receive dividends and profit sharing as initiatives grow and generate profits. Revenue derived from successful business initiatives launched through the platform, with distributions shared with stakeholders annually.
2. Crowdfunding Platform Services: Platform facilitates investment into multiple early-stage business ventures, with returns flowing back to investors through dividends and profit sharing as initiatives mature.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

WiPROSPER operates an equity crowdfunding platform that enables everyday investors (18+, both accredited and non-accredited) to acquire ownership stakes in a conglomerate of multiple Black-owned business initiatives, including Real Estate, Transportation, and other ventures. Rather than limiting investors to single-idea success, the model provides exposure to every initiative launched on the platform, with dividends and profit sharing distributed annually as initiatives mature. The platform is operated under WiPROSPER Foundation, Limited with technology managed by wholly owned subsidiary WiPROSER Technologies, Limited, and operates within SEC Regulation CF (up to $5 million) and Regulation A+ (up to $75 million) frameworks.

Product overview

WiPROSPER operates as an equity crowd investing platform designed to build generational wealth in the Black community through collective investment. The core WiPROSPER Platform allows investors to own stakes in multiple business initiatives (real estate, transportation, and other ventures) rather than a single idea, with profit distributions and dividends shared as initiatives grow. The WiPROSPER Member Community portal provides registration and onboarding for investors, while the Education Hub offers financial literacy and business resources. The platform leverages the JOBS Act framework, supporting Regulation A+ and Regulation CF crowdfunding mechanisms to enable everyday investors aged 18+ to participate.

Differentiator

Problem solved

Functional benefit

Brands

• WiPROSPER Foundation: The organizational foundation entity of WiPROSPER, operating as a 501c3 status entity focused on economic development and prosperity in the Black community.

Products and services

• WiPROSPER Equity Crowdfunding Platform An equity crowd investing platform that enables everyday investors (18+, accredited and non-accredited) to become stakeholders in multiple Black-owned business initiatives simultaneously, receiving dividends and profit sharing as ventures grow.
• WiPROSPER Member Community A member registration and community portal where prospective investors create accounts, complete onboarding surveys, and engage with the WiPROSPER investment platform.
• WiPROSPER Education Hub

Quantifiable outcome

• Early-stage asset ownership tool that helped create 70% of the one percent's wealth in America

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered minor.

• University of Cincinnati College of LawminorOthersInstitutional partner providing legal support and recognition for WiPROSPER's economic development initiatives.
• Black AchieversminorStrategic or Co-development PartnerCommunity recognition partner supporting Black business achievement and economic advancement.
• Revitalize Black ChicagominorStrategic or Co-development PartnerRegional economic development initiative supporting Black-owned business growth in Chicago.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• SeedInvest: SeedInvest is an SEC-registered equity crowdfunding platform connecting startups with accredited and non-accredited investors. It shares WiPROSPER's core model (crowdfunded equity in early-stage companies) but targets a broader, venture-quality deal pipeline rather than a community-focused niche.
• Wefunder: Wefunder is one of the largest SEC-registered equity crowdfunding platforms in the US, operating under Regulation Crowdfunding and Regulation A+. Like WiPROSPER, it enables everyday investors to acquire equity in early-stage companies, but it serves a general (non-niche) audience and has a much larger deal flow and investor base.
• MainVest: MainVest is a crowdfunding platform focused specifically on small businesses and Main Street businesses (often via revenue-sharing). WiPROSPER overlaps directly with MainVest in funding Black-owned SMBs through community-driven investment, though MainVest is not race-segregated in its targeting.
• StartEngine: StartEngine is a major equity crowdfunding platform that has raised hundreds of millions for startups and growth companies under Reg CF and Reg A+. Like WiPROSPER, it focuses on democratizing access to private investment for retail investors, but operates at much greater scale and across all sectors.
• Republic: Republic is a leading private investment platform offering equity, debt, and revenue-sharing deals to retail investors under Reg CF, Reg A+, and Reg D. It is the most direct competitor to WiPROSPER in terms of regulated crowdfunding mechanics and target audience (everyday investors), though Republic is far larger and more diversified.

Emerging players

• Kiva: Kiva is a non-profit microlending platform that crowdfunds zero-interest loans for small businesses, including underserved entrepreneurs. While Kiva uses a lending (not equity) model, it overlaps with WiPROSPER in mission-driven community crowdfunding for undercapitalized founders.
• iFundWomen: iFundWomen is a crowdfunding platform specifically designed to serve women entrepreneurs via grants, coaching, and capital. It is conceptually adjacent to WiPROSPER — a community-focused funding platform serving an underrepresented group — though it focuses on women rather than Black Americans and uses a broader funding mix.
• HoneyBricks: HoneyBricks is a real estate crowdfunding platform enabling fractional ownership in rental properties. It is comparable to WiPROSPER's planned Real Estate initiatives and to its broader fractional-ownership pitch for retail investors seeking early-stage asset ownership.
• CrowdStreet: CrowdStreet is an online marketplace for commercial real estate equity and debt investing. Since WiPROSPER explicitly lists Real Estate as one of its target initiatives, CrowdStreet is a relevant comparable for the asset class within WiPROSPER's conglomerate model, even though it focuses solely on commercial real estate.

Broad incumbents

• Funding Circle: Funding Circle is a large online small-business lending platform serving SMBs with working capital. It is broader than WiPROSPER (lending rather than equity crowdfunding) but addresses the same underlying pain point — community-driven capital access for underbanked small businesses — and serves as a scale benchmark for SMB-focused alternative finance.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/WiPROSPER1
• LinkedInlinkedin.com/company/wiprosper
• Instagraminstagram.com/wiprosper1/?hl=en

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about WiPROSPER