What is WeFunder?
Pros from reviewers
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Preservation of investments: Wefunder has demonstrated a commitment to preserving user investments. Even in cases where users have lost access to their accounts for extended periods, their investments have been maintained
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Ease of use: Wefunder's platform is user-friendly, making it easy for users to set up and start a campaign. This ease of use is appreciated by many users who find the process straightforward and simple
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Quick response times: Wefunder's customer service team is known for their quick response times. This is particularly beneficial when users encounter issues or have questions that need immediate attention
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Opportunity for non-accredited investors: Wefunder provides non-accredited investors with the opportunity to invest in startups. This opens up investment opportunities that would otherwise be inaccessible to these individuals
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Potential for investment growth: Some users have reported not only the preservation of their investments over long periods, but also significant growth. This suggests that Wefunder can be a viable platform for long-term investment.
Cons from reviewers
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Misleading promises: Wefunder has been criticized for making enticing promises that may not be fulfilled, leading to significant investment losses
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Lack of due diligence: Wefunder has been accused of not conducting meaningful due diligence on the companies raising funds on its platform, leading to a high failure rate of investments
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Poor communication with investors: In some cases, Wefunder has failed to adequately communicate with investors, leaving them in the dark about important changes and transactions
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Bugs in the online system: Some users have reported issues with withdrawing money from their accounts using the Wefunder platform, indicating that there may be bugs in the online system that need to be addressed.
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Unexpected fees and shifting requirements: Founders have reported experiencing unexpected fees and shifting requirements when setting up and maintaining campaigns on Wefunder, leading to confusion and frustration
Main features
Starting Price
Free Plan
Low fees
Full compliance
Equity crowdfunding
Investor relations
No minimum investment
Starting Price
N/A
Free Plan
No
Low fees
Full compliance
Equity crowdfunding
Investor relations
No minimum investment
How WeFunder compare to similar software?
Product
Price
N/A
Free plan
No
Main features
Pros
Cons
Alternatives
Deal
No available deal at the moment
Who is WeFunder best for according to our reviewers?
Non-residents: These are individuals who live outside of the United States but wish to invest through Wefunder. They may find it easy to invest but may wish for a higher investment limit and access to tax attorneys to help them navigate their investments
Startups seeking crowdfunding: These are businesses that need funding and are willing to use Wefunder's platform to raise capital. They may face challenges with unexpected fees and shifting requirements, and may not find the Wefunder team as responsive as they would like
Experienced investors: These are individuals who have a good understanding of investing and are willing to take risks. They may find that the majority of companies on Wefunder are in poor financial health or out of business, and may not appreciate the lack of due diligence conducted by Wefunder
Non-accredited investors: These are individuals who are not financially sophisticated but are given the opportunity to invest in startups through Wefunder. They may struggle with the platform's lack of support and communication, and may find it difficult to track their investments
Users with technical issues: These are individuals who have experienced problems with the Wefunder platform, such as being unable to withdraw money from their bank accounts. They may find the resolution process lengthy and frustrating, but may ultimately have their issues resolved.
WeFunder Reviews
4.3
WeFunder rating
4.5
Ease of use
4.6
Customer service
4.4
Value for money
4.0
Likelihood to recommend
4.5
Features
20 WeFunder Reviews
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Jason
Wefunder's Educational Resources: Unlocking the Secrets of Crowdfunding Investments
The educational resources available on Wefunder are a great asset. They helped me understand the intricacies of crowdfunding investments
August 18, 2024
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Hyacinth G
Peace of Mind: Wefunder's Thorough Due Diligence Process
Wefunder's due diligence process is thorough, which gives me peace of mind knowing that the startups listed have been carefully vetted
August 12, 2024
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Elijah Brown
Exceptional Customer Service at Wefunder
The customer service at Wefunder is top-notch. They were responsive and helpful when I had questions about using the software
August 4, 2024
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Shirley Davis
Embracing the WeFunder Journey: A Founder's Perspective
As a founder, I am thrilled to share my experience with WeFunder. I invested a significant amount of time and resources into setting up and maintaining our campaign, and it was worth every penny and minute. There were some unexpected fees and shifting requirements, but these were all part of the learning curve. The WeFunder team was a constant source of support, always there to guide me through the process. They were responsive and helpful, ensuring both me and my investors felt secure and confident about the management of our funds. I have numerous emails that highlight their unwavering support and efficient management of our campaign. Their commitment to customer satisfaction was so impressive that they even reduced their commission from 7.5% to 5%. After overcoming a few challenges, I was more determined than ever to see our campaign succeed. I am grateful for the experience and the lessons learned, and I am excited to continue our campaign. I hope other founders can learn from my experience and embrace the opportunities and growth that come with using WeFunder. It's a journey worth taking!
July 27, 2024
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Debra Rodriguez
Wefunder's Startup Database: A Wealth of Information
I was particularly impressed with Wefunder's comprehensive database of startups. It provided me with a wealth of information that aided in my decision-making process
July 22, 2024
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William
The Value of Community: A Wefunder Review
Lastly, the community aspect of Wefunder is something I greatly enjoy. Being able to connect with other investors and entrepreneurs adds value to my overall experience.
July 16, 2024
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Anthony Williams
Enhanced Support/ Secondary Market Review for Wefunder
Wefunder offers non-accredited investors the chance to invest in startups, but it needs more support. I often miss updates as they are not usually sent to my email. I'm not always notified about the status or failure of an investment, which is crucial for tax purposes. There's no secondary market on Wefunder for trading and selling investments. The system is flawed; some of my old investments don't appear and it seems stuck at a certain number of investments.
July 7, 2024
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Dylan D
Accessible Startup Investing: Small Minimum Amounts Made Easy
I found the ability to invest with a small minimum amount very appealing. It made investing in startups accessible for me as a small investor
June 30, 2024
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Laura B
Restored Access to My Account/Investment
I lost access to my account and was surprised to find that my investment was still intact after not checking it for 5 years. I was pleased to see that they had worked with the startup to maintain the record over the years. In today's world, most startup investments don't last a few months, let alone 5 years. As of now, I am very satisfied. My investment has not only survived but also grown. I am confident that I could leave it for another decade, come back, and still find my capital there, or at least get a reasonable explanation if it had collapsed to zero.
June 23, 2024
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Thomas Rodriguez
Excellent Opportunity
I've had a great experience with Wefunder. It's easy to set up and start a campaign. Unlike other crowdfunding platforms, there's no need to wait for a response after submitting an email. They've helped malus.com reach the next level with their quick response times and knowledgeable customer service.
June 16, 2024
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Diana F
Diversifying Investment Opportunities: Wefunder's Impressive Diversity
The diversity of investment opportunities on Wefunder is impressive. It allowed me to diversify my portfolio across various industries
June 8, 2024
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Amanda S
Wefunder's Transparency Boosts Investor Confidence
I appreciate the transparency that Wefunder offers. The detailed reports and updates on my investments keep me informed and confident in my decisions
June 4, 2024
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Zoe
Challenges with Account Funding
I've experienced two instances where I couldn't withdraw money from my bank account using the Wefunder platform. Although I received diligent assistance both times, the resolution process was lengthy and the cause of the issue remains unknown. Despite the frustration, the issues were eventually fixed. As a growing company, Wefunder still has a few bugs in its online system that need to be addressed.
May 27, 2024
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Mary Martinez
Uncomfortable Sharing Information on Wefunder
I had concerns about sharing certain details over email and requested a quick call to provide the necessary information. Merc from Wefunder responded immediately and we had a pleasant conversation, resolving the investor piece swiftly. I am grateful to Merc.
May 21, 2024
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Catherine W
Efficient Investment with Streamlined Platform Design
it streamlined my investment process significantly. The platform's design is clean and easy to navigate, making it simple to find the information I needed
May 11, 2024
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Michelle W
Thrilling Investment Experience with Wefunder: A Personal Account
I am absolutely thrilled with my experience with Wefunder! Their communication with investors is truly commendable, as demonstrated in the Caribou case. They took a hands-off approach, allowing us investors to take the reins and make our own informed decisions. They even managed to strike a deal with Mattel, a major corporation, which is a testament to their strategic business acumen. The stock transition was seamless and didn't require any additional input from us investors, which I found very convenient. My initial investment of $1 resulted in a return of $53, which, considering the volatile nature of investments, I found to be a fair return. It was an exciting journey!
May 7, 2024
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Pamela Davis
Effortless Investment with Wefunder
I find it quite easy to invest using wefunder and appreciate the good updates on investment opportunities. However, I believe they need to increase the investment limit for non-residents. I also suggest they provide a panel of tax attorneys for non-residents to consult about staying aligned with investments.
April 28, 2024
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Amanda J
Wefunder: User-Friendly Software
I found the Wefunder software to be incredibly user-friendly and intuitive
April 21, 2024
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Pamela N
Discovering Investment Opportunities on Wefunder
My greatest investment discovery was made on Wefunder. It's an incredibly insightful platform aimed at empowering everyday people. I'm excited to share with you the enticing opportunities I've encountered there. I'm thrilled I found Wefunder, but I also appreciate the diversity of platforms and have enjoyed exploring caL! “Moshub” as well.
April 16, 2024
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Emma
Wefunder: A Platform of Opportunity for Startups and Investors
I wouldn't hesitate to call Wefunder a platform of opportunity! It's a place where you can invest in companies that are just starting out and are eager to make their mark. This platform seems to be the go-to for these companies because it offers them a chance to raise funds without the rigorous due diligence process. I've invested in numerous companies on this platform and it's been a thrilling journey to see them grow and evolve. Sure, some of them have faced challenges and even closed down, but that's part of the risk and excitement of investing in startups. For instance, a few companies in my area that were overlooked by every venture or angel fund due to their unconventional business models, managed to raise a significant amount of money on this platform. Now, they've had their shot at success. It's a platform that truly gives everyone a fair chance!
April 14, 2024