Wefunder helps anyone invest in a startup. As little as $100. In 30 seconds.

We’re like , only with equity. Founded in 2012. YC W13. Raised $2.5 million for ourselves on our own platform. Launched in March 2013 for accredited , with an “online VC” model, while waiting for the SEC to enact the JOBS Act by October 2015. We’ve been preparing for that day since 2012, when we were invited by President Obama to watch the JOBS Act signed into law.

Our Ambitions

We should be a nation of owners. We’re talking about turbo-charging GDP growth and decreasing disparity of wealth.

• Democratize investing so that everyone has access to high-growth startups, not just the wealthy and well-connected.

• Help fund more legitimate businesses, from tech startups like Zenefits to a local community-supported coffee shop.

• is dying outside of SF. The percentage of under 30 year olds owning a private company has fallen from 10.6% in 1989 to 3.6% in 2014. We’re going to single-handedly bring it back to 1989 levels within 5 years.

Traction

In the current legal environment - “rich person ” – executed by a team of 4 people.

• We’ve funded 50+ startups with $7+ million. It’ll be $10 million in a few months.

• We’ve grown 20% month over month for two years - nearly all organic.

• We’ve estimated our accredited CAC at $100 and LTV at $750 (conservatively).

• 12% of our seed funded companies have raised a Series A, raising over $100 million in follow-on funding, with an unrealized IRR of 30% for our investors. Our portfolio includes Zenefits, Checkr, and Casetext.

• We just closed $300,000 for MadeSolid. Last month, we raised $100,000 in 24 hours for both Senic and Swapbox.

Why Now?

Our growth will explode when the JOBS Act is implemented in October 2015. It’s a different business.

• 30,000+ unaccredited users have already opened accounts, well before they can legally invest.

• 80% of our investment applications are from unaccredited investors trying to invest, even though they can’t legally do so. We’d have raised at least $35 million if the JOBS Act were active. Our product is designed for normal people.

• The SEC informed Congress the JOBS Act will by finalized by October. We’re working with the Deputy Whip – Rep. McHenry – to craft legislation improving the JOBS Act that will be put on the floor of the House on April 5.

Terms

We’re raising $1m at $15m pre-money to accelerate growth. After $1m, we’re closing this round and opening another at $20m to handle additional interest. We don’t intend to raise a Series A until after the JOBS Act is finalized in October. For questions, email the CEO, Nick Tommarello, at [email protected]. Or invest at https://wefunder.com/wefunder.