Tagged: wefunder

Wefunder’s Nick Tommarello Posts Comment on SEC Concept Release: Currently, Reg CF is “Most Often a Funding Option of Last Resort”

Wefunder, the leading crowdfunding platform using the Reg CF securities exemption, has posted a comment letter on the Securities and Exchange Commission’s concept release authored by Wefunder co-founder and CEO Nick Tommarello. The SEC’s concept release is an ongoing consultation on the current regulatory environment… Read More

Caribu Cruises to $1 Million Reg CF Cap on Wefunder

Caribu, an App-based tech firm that enables interactive video calls (think drawing etc.) with your kids (or grandkids), has cruised to its $1 million funding cap on Wefunder. Interestingly, Caribu says that company revenue saw double-digit month over month growth throughout the Reg CF campaign… Read More

Legion M Returns for 5th Crowdfunding Round Using Reg A+

Legion M, a fan-owned film company, has re-opened its Reg A+ offering for round number 5 of crowdfunding. The offer is now live on Wefunder. To date, Legion M reports that it has raised over $7 million via equity crowdfunding, backed by 16,000 fan-investors to… Read More

Wefunder Crowd Pours $1M+ into Modern Times Brewery: Cheers!

With less than a week left on its Wefunder campaign, San Diego-based brewery Modern Times has tapped more than $1,069,830+ from just over 1715 investors. Good times at Modern Times. Now pre-money valued at $265M, in 2013 Modern Times opened a 30bbl production brewery and tasting room in… Read More

LGBTQ Traveler App Misterb&b’s Wefunder Convertible Note Campaign Surpasses $800K

The gay travel platform misterb&b has just surpassed $800K with the help of 1240+ investors, easily bypassing its minimum target last month, with its $1M Wefunder campaign target goal in site. Last year the 500 Startups alum celebrated an $8.5M Series A round, raising $13.5M USD… Read More

Medford Brewing Company Taps Wefunder for Crowdfunding Campaign: Ready for Expansion

Last week, when Crowdfund Insider covered Crate Brewery’s Crowdcube campaign,  several successful beer crowdfunding campaigns were highlighted, including BrewDog, Garage Beer, Sly Fox, BeerBods, The Bottle Shop. On Crowdcube alone, Chadlington Brewery, Crowns and Hops Brewing Co, Redwell Brewery and Crate Brewery are currently raising funds. Lots of… Read More

Como Audio (& Tivoli) Smart Speaker CEO + Founder Thomas DeVesto Launches Wefunder Campaign: Listen to the Music

Does the name Tivoli Audio sound familiar?  Thomas DeVesto, the CEO, Founder, and Designer of Tivoli Audio (acq. 2015) and Cambridge SoundWorks (acq. 2000), recently launched his newest company, Como Audio, which designs, manufactures, and sells smart speakers. After successfully Kickstarting this past March (973 backers pledged $268,142 and… Read More

Y Combinator Alum & Online Grocer Move Campaigning on Wefunder

Move, a new digital supermarket that just launch this year, internationally sources groceries and ships them under its own brand. By taking out the middlemen and the markup, we’re making incredible groceries available to everyone. In the last two years, Move has built a nationwide supply… Read More

Chattanooga Football Club Scores Some Serious Funding on Wefunder

As Chattanooga Football Club enters a new era of growth, the club decided to share the opportunity with Wefunder investors… and the crowdfunding fans went wild.  Launched with a modest $50,000 goal, Chattanooga Football Club has raised more than $648,450 from 2360+ investors. Pre-money valued at $2.95M, the… Read More

Cruelty-Free & Vegan Subscription + Retailer Petit Vour Thriving on Wefunder

Petit Vour, an award-winning monthly beauty box + lifestyle shop for the modern, ethical woman, showcases a luxurious collection of 100% cruelty-free, plant-based and non-toxic products. Petit Vour Co-Founders and Co-CEOs Madeline Alcott and Ryan Miner have synced with Wefunder to crowdfund a Future Equity Agreement with… Read More

Gay Travel Platform MisterB&B Exceeds $500K on Wefunder

The gay travel platform misterb&b has quickly surpassed $516K with the help of 916+ investors, easily bypassing its minimum target, and on its way to a $1M Wefunder campaign target goal. Just last year the startup celebrated an $8.5M Series A round. Founded by CEO Matthieu… Read More

Pesticide-Free Hydroponic Farming Brand Element Farms Now Seeking Funding on WeFunder

Element Farms, an indoor hydroponic farming company capable of growing safe, pesticide-free spinach at scale year-round, has launched its investment round on equity crowdfunding platform WeFunder.  Founded in 2016, Element Farms describes itself as a produce company driven by technology. The company uses “cutting-edge,” proprietary… Read More

MySwimPro Streamlines Past Initial Target Goal on Wefunder Long Course

Less than one week into its Wefunder SAFE Future Equity crowdfunding campaign, Wefunder vet MySwimPro has freestyled past $250K from 70+ investors toward its $1,000,000 maximum target. In 2017 MySwimPro raised $280,629 from 164+ investors.  This new round of funding will enable MySwimPro to invest in growing… Read More

On Your Mark, Get Set, MySwimPro! Personal Swim Coaching App to Launch on Wefunder

Tomorrow MySwimPro, which was named one of the Best Apple Watch App of the 2016, will launch its second Wefunder round, this time for a SAFE Future Equity crowdfunding campaign. In 2017 MySwimPro raised $280,629 from 164+ investors.  Increased funding from the SAFE campaign will allow… Read More

Rambling House Ready-to-Drink Cocktails Surpasses Wefunder Minimum Target Goal

Ohio-based Rambling House Cocktails just surpassed its initial minimum target goal, having raised over $118,270 from more than 207 investors on its live Wefunder raise.  Pre-valued at $2M, the  small-craft soda company first product was a “healthier” craft ginger beer. “In 2017, we pivoted to spirits, bottling a… Read More

Live on Wefunder: Element Farms Grows Capital for Year-Round, Pesticide-Free and Local Spinach

Element Farms synced with Wefunder in order to grow its agtech business.  At this writing, the startup has surpassed its minimum goal as has raised more than $196,993 of its $500,000 maximum target for a convertible note from 183+ investors in order to harvest a… Read More

Trustwire Surpasses $100K Milestone on Wefunder for File Exchange & Storage Solution

Trustwire, a secure, file exchange and storage solution, aims to dethrone Dropbox. The newly launched platform recently synced with Wefunder to raise a $1,000,002 maximum target. At this writing, the campaign has surpassed $102K with the confidence of more than 113 investors, thereby meeting its minimum… Read More

Reg CF Closes the Year at $161.5 Million in Crowdfunding. Total for 2018 was Flat versus Year Prior

The StartEngine Index tracking Reg CF crowdfunding issuers was published a few days ago. According to StartEngine, total successful offerings since the securities exemption was launched in May of 2016 now stands at $161.5 million. So how does 2018 compare to the year prior? Excellent question…. Read More

Report: Wefunder Raises $1.7 Million in Series A Funding from Germany based Investor

Last week, it was picked up by Crunchbase that Wefunder, a Reg CF crowdfunding portal, has closed on a $1.7 million Series A funding round. Depending exactly how you measure it, Wefunder is a top portal providing access to capital for mainly smaller firms. Wefunder… Read More

Legion M Live @Wefunder: Aiming to Unite 1M Shareholders/Fans

Legion M continues to be a fan of fintech, having fundraised on Reg CF, Reg A+,  Reg D exemption to raise growth capital and self-hosted a campaign earlier in November. The San Francisco-based fan-owned media company has returned to crowdfunding — reportedly its fifth crowdraise–… Read More

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