We just had our 100th investor contribute to our campaign, and we are VERY close to reaching our minimum funding goal! While we have also gained traction with traditional investors, this Crowdfunding campaign is where my heart is! As a serial entrepreneur, I have enjoyed building many successful enterprises over the years, but have never before had the opportunity to share the journey (and rewards!) with so many people who believe in an idea as much as I do! All your positive comments and enthusiasm mean the world to me.
Also, this week we will file our Franchise Disclosure Document with the State of California for approval - that means we will be ready to sign franchise agreements in the next 30-45 days! Franchise inquiries continue to come in from across the country every day.
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 338 startups
Wefunder Advisors LLC
for 105 startups
for 3 startups
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 563,963 investors who funded 425 startups with over $154.5 million1
wefunder.com/updates/135063-100-investors-click-to-read-more is managed by
Wefunder Portal LLC.
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 Regulation Crowdfunding offerings are made.
Wefunder, Inc. operates sections of wefunder.com where some Regulation D and 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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