About this raise

Wefunder, with a valuation of $300 million, is raising funds on Wefunder via Reg D 506(c) raise. The crowdfunding platform allows investors to invest in a variety of startups. Wefunder is building a stock market for startups to raise money in pre-IPOs and is a market leader in crowdfunding. The business generated $16.8 million in revenue in 2024 with a net profit of $2 million and reported a two-times year-over-year revenue growth from 2023 to 2024. Nick Tommarello and Greg Belote founded Wefunder in June 2012. The current crowdfunding campaign has a minimum target of $5,000 and a maximum target of $5 million. The campaign proceeds will be used for growth and expansion.

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Investment Overview

Invested this round: $2,252,500

Deal Terms

Platform
Wefunder
Start Date
04/16/2025
Close Date
04/25/2025
Min. Goal
$5,000
Max Goal
$5,000,000
Min. Investment

$5,000

Security Type

Equity - Common

Company Stage

Growth Stage

SEC Filing Type

RegD 506(c)    Open SEC Filing

Early Bird Valuation

$290,000,000

Pre-Money Valuation

$300,000,000

Company & Team

Company

Year Founded
2012
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Location
San Francisco, California
Company Website
Visit Website

Team

Funding data not publicly available

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/25/2025 Wefunder $300,000,000 $2,252,500 Equity - Common Funded RegD 506(c)
12/22/2023 Wefunder $175,000,000 $4,034,287 SAFE Funded RegD 506(c)
11/02/2022 Honeycomb $290,000,000 $2,760,843 Equity - Preferred Funded RegCF / RegD 506(c)
06/04/2021 Honeycomb $160,000,000 $8,990,050 Equity - Preferred Funded RegCF / RegD 506(c)
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Wefunder on Wefunder 2025
Platform: Wefunder
Security Type: Equity - Common
Valuation: $300,000,000

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