Average
377 reviews
Wefunder, Inc.Honesty, pricing, process and quality scores appear once 5 customers have rated them.
Wefunder is the largest stock market for retail investors to invest in 'private' startups. We created this industry in 2012. Then we lobbied 9 years for regulatory reform. We petitioned Congress & shaped law. Invited to watch Obama sign the JOBS Act.We’re a Public Benefit Corporation with a goal to fund 20,000 more founders by 2029. In all 50 states. From all backgrounds. From coffee shops to supersonic planes. Backed by the people who believe in them. We help anyone invest in what they believe in – to vote with their dollars on what our society should fund. Together, we help more scrappy, hungry risk-takers take their shot to move our world in a better direction.Our vision is to be the pre-NASDAQ stock market. We want to make it normal for every high-growth startup to raise from their customers and fans in a "Community Round." Startups will be able to raise up to $150M in a primary offering from the public... but legally, they remain private companies. Secondary trades happen once every 9-18 months in a "long term stock market" that lines up with traditional VC raises. Companies get the upside of fans investing and liquidity, but without public company restrictions or quarterly earnings pressure.
Wefunder, Inc. (wefunder.com) has 377 customer reviews on Rated Honest, with an average rating of 3.3 out of 5.
377 approved reviews, newest moderated first
Carole C.
Posted
I invested initially in Bags up. You emailed me to see if I still wanted the investment and when I said no, you made it easy for me to cancel before it became permanent. Thank you.
Response from Wefunder, Inc.· Mar 23, 2023
Hi Carole, Thanks for reviewing us. We are glad that you have had a great experience. We hope that you will be able to find other great companies that you are passionate about to invest in. Merc Head of Investor Success Wefunder, Inc.
Jane S.
Posted
I had a number of technical problems. It took two days for my transaction to go through. Took multiple attempts.
Response from Wefunder, Inc.· Mar 22, 2023
Hi Jane, Thanks for reaching out. We are sorry you had trouble with this. I can see you wrote in on March 15 and Sofia was able to answer you in the same day, but she never received a response back from you. The email that you wrote in at didn't have a Wefunder account connected to it, so we weren't able to locate your account to help. If you still need help, please email me at [email protected]. Merc Head of Investor Success Wefunder, Inc.
Mark L.
Posted
The sign-up process was very well done, and it was good to see additional information provided about the protection of key personal data required by the IRS. I can't give 4 or 5 Stars until I see how the entire TUSK Web Browser initiative actually works out, and if there's any return on my investment.
Response from Wefunder, Inc.· Mar 22, 2023
Hi Mark, Thanks for reviewing us. We are glad you have had a good experience. We want to remind you that your rating of Wefunder shouldn't be based on other companies, but simply on how we do business. Investing in startups is very risky. We encourage investors to only invest what they can afford to lose; do not invest so much that it would impact your lifestyle or retirement plans. Every investment listed on Wefunder is much riskier than a public company listed on the stock market and it is entirely possible that you will lose every dollar you invest on Wefunder. The advantage of investing in the private market is that it can potentially provide access to higher returns than those available from the public markets. Private investments can sometimes offer returns of 10-20%, and in some cases, even higher. Returns depend on the quality of the company, the sector it's in, the amount of capital invested, the risk taken, and the timing of the investment. Private investments can also be more illiquid, so it's important to understand the risks associated with each individual investment before committing funds. Merc Head of Investor Success Wefunder, Inc.
customer
Posted
Your website is absolutely confounding and unintuitive. There is nothing that says Tax Document Center when you click on that link. I finally found it by clicking on every unlabled icon on your page. Yesterday, when I couldn't find it, I emailed support, as suggested. As of today, the only response I received was this. Their reply was in my junk mail.... not sure how that happened but the website doesn't say tax document anywhere until you click on an unlabled blue dot.
Response from Wefunder, Inc.· Mar 22, 2023
Hi Mark, Thanks for reviewing us. I'm sorry that you feel that our service has been one-star worthy. You emailed us on March 20, 2023, at 11:18 am, and I responded with your tax document on March 20, 2023, at 11:22 am. In addition, when you are logged into your account, you are correct that the label doesn't say Tax Document Center - it says Tax Documents. We're sorry for that confusion. If you need more help, please email me at [email protected]. We hope you will reconsider our rating in the future. Merc Head of Investor Success Wefunder, Inc.
EUGENE
Posted
Excellent company to work with & brilliant details & outlay of information
Response from Wefunder, Inc.· Mar 22, 2023
Hi Eugene, Thanks for reviewing us! I'm glad you have had a great experience so far. Merc Head of Investor Success Wefunder, Inc.
Texan
Posted
They were responsive, in a timely manner, with follow through and attention to detail.
Response from Wefunder, Inc.· Mar 20, 2023
Hi there! Thanks for reviewing us! We are glad you have had a great experience so far! Merc Head of Investor Success Wefunder, Inc.
dominic C.
Posted
I recently sent email to you regarding problem with my Atakama investment and have not heard back
Response from Wefunder, Inc.· Mar 20, 2023
Hi Dominic, Thanks for reaching out. You wrote in on March 16, 2023 at 7:57PM and were answered by Sofia on March 16, 2023 at 7:58PM. If you need further help, please respond to her email so that she can help you. Merc Head of Investor Success Wefunder, Inc.
Baguete
Posted
Expecting the best... prepared for the worst
Response from Wefunder, Inc.· Mar 17, 2023
Hi Baguete, Thanks for reviewing us. Wefunder used Boston Private Bank - later acquired by Silicon Valley Bank - as one of our escrow providers to hold investor funds. On March 10, 2023, Silicon Valley Bank was taken into receivership by the FDIC. There was never any risk of losing investor funds. All funds held by Silicon Valley Bank were 100% FDIC-insured. Individual investors on Wefunder did not meaningfully exceed the $250,000 FDIC insurance threshold. In addition to the FDIC insurance, the federal government over the weekend guaranteed all uninsured deposits. While Wefunder investors did not need this additional guarantee, this action resolved the broader banking crisis. Silicon Valley Bank no longer exists. We now have 100% access to all investor funds through their successor bank. Wefunder remains fully operational without any disruption to our services. Cash withdrawals, investment cancellations, investor payments, and company disbursements are proceeding as normal. The FDIC system worked as designed to protect the small depositors on Wefunder. We will continue to work with multiple banking partners to maximize the amount of funds insured by the FDIC. Should you have any other questions of concerns, please contact me at [email protected]. We hope that you will feel us worthy of a higher rating in the future. Merc Head of Investor Success Wefunder, Inc.
