Other
May 2022FINRA fined Wefunder $1.4M for crowdfunding-rule violations tied to 39 offerings, including exceeding raise limits and compliance/supervision failures.
SourceWe're Robinhood for pre-IPO startups. Everyone can invest $100.
Company research
Public company, workplace, funding, and market signals
Overview
Wefunder is a Public Benefit Corporation and equity-crowdfunding / capital-formation platform that helps founders raise from their community, customers, and accredited investors via community rounds, private rounds, syndicates, funds, and SPVs.
Primary product
Equity crowdfunding and fundraising platform for community/private rounds, syndicates, funds, and SPVs
Founded
2011
Headquarters
Gun Barrel City, Texas, United States
Team size
80-90
Work style
Flexible
Industry
Technology, Information and Internet
Sub-industry
Equity crowdfunding / fintech investment platform
Offices
Gun Barrel City, Texas, United States (HQ)
San Francisco, California, United States (Mission office)
San Francisco, California, United States (Seacliff office)
Cambridge, Massachusetts, United States
Business model
transaction-based fees on completed fundraising rounds
SPV setup and administration
fund and syndicate administration
carried interest / management fee on Wefunder-introduced investors
software platform for capital raising and investor management
Funding
Stage
late-stage venture
Total raised
$32.7M
Latest round
Venture Round · Nov 2024
Latest amount
$3.5M
People & investors
Leadership
Founder & CEO
Cofounder & CTO
General Counsel
Head of Inbound Growth
Head of Compliance
Venture Partner
Founders
Co-founder
Work & culture
Small, fast-moving, AI-forward team with a strong in-person culture centered in San Francisco; the company emphasizes autonomy, building quickly, and helping founders.
Work style
Flexible
Visa sponsorship
Limited
Compensation
Public job ads show engineering compensation around $160K-$250K plus equity, with some design/ops roles posted in the $120K-$200K+ range. Several roles say 'US citizen/visa only' while other listings state Wefunder can figure out sponsorship when required.
Benefits
medical, dental, and vision insurance
401(k)
unlimited vacation with a mandatory 3-week minimum
3-month paid sabbatical after four years
unlimited AI tools/tokens budget (Cursor, Claude, Codex, etc.)
Apple equipment
free food and drinks
reimbursement for classes and conferences
investment in employees' next startup after three years
Product & market
Pricing
Founders pay no fee for some direct/private-round flows; Wefunder also charges transaction-based fees, a $10,000 SPV setup fee, and for Wefunder-introduced investors it advertises a 5% management fee plus 10% carried interest.
Differentiators
- —Community rounds that let customers/fans invest starting at $100
- —One-line cap-table SPVs for up to 247 investors
- —Large investor network (1M+ investors claimed on site)
- —AI agent for investor matching and warm intro discovery
- —Integrated compliance/KYC/accreditation/payment/ledger stack
- —Public benefit corporation mission and investor education focus
Technology
Ruby on Rails
React
Heroku
Postgres
Google Tag Manager
Customers
startup founders
startup customers and fans
accredited investors
unaccredited investors
syndicate managers
fund managers
Competitors
StartEngine
Republic
DealMaker
SeedInvest
AngelList
Scale & contact
Estimated revenue
$15M-$25M
Estimated monthly visits
736K
Traffic estimate as of May 2026
Signals & risks
Other
Aug 2023A Wefunder investor update said the company was hit by the 2022 interest-rate shock and broader tech slowdown after rapid growth from 2019 to mid-2022.
SourceLatest news
Crowdfund Insider · Apr 2025
Reported Wefunder's 2024 net profit of $2M, revenue of $16.8M, and 2025 revenue outlook near $25M, with cumulative platform volume and founder counts cited.
Crowdfund Insider · Sep 2024
Covers new product features, the company’s Q2 2024 revenue/profit, and its activity in Europe under pan-European crowdfunding rules.
Wefunder · Aug 2023
CEO Nick Tommarello said growth from 2019 to mid-2022 was hit by the abrupt rise in interest rates and the broader tech slowdown.
TechCrunch · Feb 2023
Reports Wefunder’s EU expansion after regulatory approval and notes more than $9M in known funding and significant Reg CF market share.
PRNewswire · Apr 2022
Announced communityround.com and cited platform metrics including nearly $442M raised, 1.4M+ investor accounts, and 1,800 founders funded at the time.
Jobs and careers at Wefunder
0 jobs at Wefunder
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