Wefunder (2025)
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.
Investment Overview
Invested : $2,252,500
Deal Terms
- Platform
- Wefunder
- Start Date
- 04/16/2025
- Close Date
- 04/25/2025
$5,000
$5,000,000
$5,000
Equity - Common
Growth Stage
RegD 506(c)
$290,000,000
$300,000,000
Company & Team
Company
- Year Founded
- 2012
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Location
- San Francisco, California
- Company Website
-
Visit Website
Team
Financials
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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) |
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.