Pros from reviewers
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Preservation of investments: Wefunder has demonstrated a commitment to preserving user investments. Even in cases where users have lost access to their accounts for extended periods, their investments have been maintained
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Ease of use: Wefunder's platform is user-friendly, making it easy for users to set up and start a campaign. This ease of use is appreciated by many users who find the process straightforward and simple
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Quick response times: Wefunder's customer service team is known for their quick response times. This is particularly beneficial when users encounter issues or have questions that need immediate attention
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Opportunity for non-accredited investors: Wefunder provides non-accredited investors with the opportunity to invest in startups. This opens up investment opportunities that would otherwise be inaccessible to these individuals
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Potential for investment growth: Some users have reported not only the preservation of their investments over long periods, but also significant growth. This suggests that Wefunder can be a viable platform for long-term investment.
Cons from reviewers
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Misleading promises: Wefunder has been criticized for making enticing promises that may not be fulfilled, leading to significant investment losses
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Poor communication with investors: In some cases, Wefunder has failed to adequately communicate with investors, leaving them in the dark about important changes and transactions
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Lack of due diligence: Wefunder has been accused of not conducting meaningful due diligence on the companies raising funds on its platform, leading to a high failure rate of investments
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Unexpected fees and shifting requirements: Founders have reported experiencing unexpected fees and shifting requirements when setting up and maintaining campaigns on Wefunder, leading to confusion and frustration
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Bugs in the online system: Some users have reported issues with withdrawing money from their accounts using the Wefunder platform, indicating that there may be bugs in the online system that need to be addressed.
Main features
Starting Price
Free Plan
No minimum investment
Expert advice and mentorship
Low fees
Investor relations
Full compliance
Starting Price
N/A
Free Plan
No
No minimum investment
Expert advice and mentorship
Low fees
Investor relations
Full compliance
What is WeFunder?
How WeFunder compare to similar software?
Product
WeFunder
3.8
WeFunder reviews
Price
N/A
Free plan
No
Main features
Pros
Cons
Alternatives
Deal
No available deal at the moment
Who is WeFunder best for according to our reviewers?
Startups seeking crowdfunding: These are businesses that need funding and are willing to use Wefunder's platform to raise capital. They may face challenges with unexpected fees and shifting requirements, and may not find the Wefunder team as responsive as they would like
Experienced investors: These are individuals who have a good understanding of investing and are willing to take risks. They may find that the majority of companies on Wefunder are in poor financial health or out of business, and may not appreciate the lack of due diligence conducted by Wefunder
Non-accredited investors: These are individuals who are not financially sophisticated but are given the opportunity to invest in startups through Wefunder. They may struggle with the platform's lack of support and communication, and may find it difficult to track their investments
Non-residents: These are individuals who live outside of the United States but wish to invest through Wefunder. They may find it easy to invest but may wish for a higher investment limit and access to tax attorneys to help them navigate their investments
Users with technical issues: These are individuals who have experienced problems with the Wefunder platform, such as being unable to withdraw money from their bank accounts. They may find the resolution process lengthy and frustrating, but may ultimately have their issues resolved.
WeFunder reviews
3.8
WeFunder rating
4.5
Ease of use
4.6
Customer service
4.4
Value for money
4.0
Likelihood to recommend
4.5
Features
5 WeFunder reviews
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Michelle W
Thrilling Investment Experience with Wefunder: A Personal Account
I am absolutely thrilled with my experience with Wefunder! Their communication with investors is truly commendable, as demonstrated in the Caribou case. They took a hands-off approach, allowing us investors to take the reins and make our own informed decisions. They even managed to strike a deal with Mattel, a major corporation, which is a testament to their strategic business acumen. The stock transition was seamless and didn't require any additional input from us investors, which I found very convenient. My initial investment of $1 resulted in a return of $53, which, considering the volatile nature of investments, I found to be a fair return. It was an exciting journey!
May 7, 2024
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Pamela Davis
Effortless Investment with Wefunder
I find it quite easy to invest using wefunder and appreciate the good updates on investment opportunities. However, I believe they need to increase the investment limit for non-residents. I also suggest they provide a panel of tax attorneys for non-residents to consult about staying aligned with investments.
April 28, 2024
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Amanda J
Wefunder: User-Friendly Software
I found the Wefunder software to be incredibly user-friendly and intuitive
April 21, 2024
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Pamela N
Discovering Investment Opportunities on Wefunder
My greatest investment discovery was made on Wefunder. It's an incredibly insightful platform aimed at empowering everyday people. I'm excited to share with you the enticing opportunities I've encountered there. I'm thrilled I found Wefunder, but I also appreciate the diversity of platforms and have enjoyed exploring caL! “Moshub” as well.
April 16, 2024
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Emma
Wefunder: A Platform of Opportunity for Startups and Investors
I wouldn't hesitate to call Wefunder a platform of opportunity! It's a place where you can invest in companies that are just starting out and are eager to make their mark. This platform seems to be the go-to for these companies because it offers them a chance to raise funds without the rigorous due diligence process. I've invested in numerous companies on this platform and it's been a thrilling journey to see them grow and evolve. Sure, some of them have faced challenges and even closed down, but that's part of the risk and excitement of investing in startups. For instance, a few companies in my area that were overlooked by every venture or angel fund due to their unconventional business models, managed to raise a significant amount of money on this platform. Now, they've had their shot at success. It's a platform that truly gives everyone a fair chance!
April 14, 2024
