What we do: Paperspace offers users a cloud-based computer they can access through any web browser. For a monthly fee, users can take advantage of a powerful desktop that's accessible worldwide. Why it's a big deal: Though there are a number of solutions for accessing computing power via the cloud, these services are not easily accessible by non-technical users. Paperspace aims to offer users a powerful, remote cloud computer they can access at the click of a button. Video editors can close their Final Cut sessions in the studio and open them from the airport terminal without ever touching an external hard drive. Schools can seamlessly and affordably update their computer labs with $50 Paperweights--a computer specifically designed for Paperspace. It's no wonder they raised almost $3M in seed funding and sold out of their pre-orders. Paperspace is the best solution for consumers looking for maximum flexibility around their desktop apps.
Wefunder supports three different federal laws that allow startups to raise money legally. To comply with the law, Wefunder Advisors LLC and Wefunder Portal LLC (both owned by Wefunder Inc) also list startups depending on the regulation used.
Legal May 16th 2016
Wefunder Portal LLC
for 223 startups
Wefunder Advisors LLC
for 98 startups
for 1 startup
Curious how well the companies have done? Or how many raised follow-on financing?
Some fine print: 1) These numbers include startups currently live on Wefunder if they pass their minimum target. 2) Some startups use two different laws at the same time (i.e., Regulation D and Regulation Crowdfunding).
Join 298,521 investors who funded 309 startups with over $110.5 million1
Wefunder Inc. runs wefunder.com and is the parent company of Wefunder Advisors LLC and Wefunder Portal LLC. Wefunder Advisors is an exempt reporting adviser that advises SPVs used in Reg D offerings. Wefunder Portal is a funding portal (CRD #283503) that operates sections of wefunder.com where some Reg Crowdfunding offerings are made.
Wefunder, Inc. operates sections of wefunder.com where some Reg A offerings are made. Wefunder, Inc. is not regulated as either a broker-dealer or funding portal and is not a member of FINRA.
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