Wefunder, Inc.Reviews of wefunder.com

I invested in two founders on Wefunder and love their mission of helping deserving founders that are passionate but might lack access to VC money. The platform has improved a ton since regulation has changed and there's a ton of different types of investment options – whether you prefer investing in equity of tech startups or a revenue share with your local cafe. Keep up the good work! 👏

I've invested in over 20 startups on Wefunder and have had a great experience. If it wasn't for Wefunder, I wouldn't have had access to high quality startup investments like Mercury and Replit. The other platforms don't have any quality deals in comparison.

I've thoroughly enjoyed finding new startups to invest in. The platform does a great job guiding you through the process in order to make it easy for first time users.

Lacking in transparency, poor customer service, multiple emails have gone ignored. Notified us TWO DAYS before tax filing deadline that they had failed to do their jobs properly and that all investors would need to file extensions. Didn't give any real further details or any real explanation or idea for when they would be able to deliver the required documents. Haven't had a single update from the company since without having to hound them (again, multiple emails just go ignored), and whenever they DO manage to reply, it's filled with some vague info about "wanting" to finish within a week! Or maybe a month. Possibly two months. Will they be sending another update or keeping us informed in any way? Who knows! I've read all their replies to complaints on here saying that the old way of doing customer service is out the door and a new regime/process has taken over that guarantees replies within a day. Don't believe them, because that has not been my experience at any point in the process. Bunch of clowns.

WeFunder helped our company build a community of investors and customers.

We did a private SPV with our lead investor to include small check Angels in our priced round. During a DD with a fund, we found out that even though the SPV was supposed to be private, a simple google search gave everyone access to very confidential data. We are proud of our traction etc., but the fact that highly confidential material was accessible this was was shocking.

the worst fundraising experience our startup has ever had was with wefunder in 2022. from start to finish the process was broken, tech clunky, dashboard gave wrong info, and the team in general seemed careless or absent minded. I highly recommend to go elsewhere. It truly was terrible.

16/06/22 Thanks for reply. Are you able to share what sort of background checks you did for this company in that case? For example, the only contact you had listed as a "founder" did not mention working at the company on their Linkedin..... What are the names of the founders, and what did you find out about them and the company during your checks? I invested in a company called prep2grow via wefunder. 8 weeks after making the investment the company totally disappeared. Wiped off the face of the earth. Wefunder had either done no due diligence or were complicit in this scam - the contact they listed on the wefunder page has never even worked at prep2grow! They said they would look into this, and since then have totally blanked my emails. Took the money and ran. They are either part of the scam, or so reckless and poor in their research that they might as well be. You can also tell by the way they let negative reviews sit here for ages then copy and paste the same generic response weeks or months later that this is not a legitimate company. AVOID AVOID AVOID