Round of the Week – Wefunder

WEFUNDER

One of the upstarts in the crowdinvesting space, Wefunder has reportedly raised a $500K round this week.  Similar to the AngelLists of the world, Wefunder is a crowdinvesting platform that allows almost anyone to invest in promising companies.  What type of companies you ask?  Well, you have your run of the mill tech/hardware startups and then there’s the Flying Cars company.  Seriously, one of the most successfully funded projects to date for them is Terrafugia, a flying car startup with $30M in preorders to boot.

Name: Wefunder

Website: www.wefunder.com

Funding to Date: ~$1.1M ($530K Seed, $500K A?)

Deal Notables: Not so much deal related, but C:V. has a storied history with Wefunder.  Some of our early inspiration for creating C:V. stemmed from an email chain between colleagues where we would evaluate and value selected Wefunder startups. We would pick a company and do a rundown on their market size, management team, and product offering to determine whether or not we saw the opportunity as viable for investment.  VC nerds gonna VC nerd…

One thought on “Round of the Week – Wefunder

  1. Pingback: Monday Morning Memo | Capital: Ventured.

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