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Wefunder

Website

Last updated on

Ratings

G2
4.8/5
(3)

Wefunder description

Wefunder is a platform that allows you to invest in startups and small businesses for as little as $100. Unlike traditional investing, you can browse investments across various industries and stages, from tech startups to local businesses. Wefunder offers access to investment opportunities alongside venture capitalists but remember that investing in startups is risky. While you can support causes you believe in, returns are not guaranteed and may take several years.


Who is Wefunder best for

Wefunder is a platform that simplifies startup investing, enabling individuals to invest as little as $100 in early-stage companies. Users appreciate the platform's ease of use and diverse investment opportunities. However, some have reported communication issues and concerns about due diligence. Wefunder caters to individuals interested in supporting early-stage ventures and founders.

  • Ideal for small businesses seeking funding.

  • Suitable for startups across various sectors.


Wefunder features

Supported

Wefunder allows users to browse investments across various industries and stages, from tech startups to local businesses, starting from $100.

Supported

Wefunder allows investments in startups and small businesses for as little as $100.

Supported

Wefunder offers investment opportunities alongside venture capitalists.

Supported

Wefunder provides educational resources like FAQs and guides for investors.

Supported

Wefunder focuses on community rounds, allowing broader participation in fundraising.

Supported

Wefunder provides filters for investments to find specific industries, stages, or founders.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Ease of Use

Strongly positive
+1

Wefunder reviews

We've summarised 61 Wefunder reviews (Wefunder TrustPilot reviews and Wefunder G2 reviews) and summarised the main points below.

Pros of Wefunder
  • Easy-to-use platform for investing in startups and small businesses.
  • Access to diverse investment opportunities across various industries.
  • Low minimum investment amount of $100.
  • Opportunity to invest alongside venture capitalists.
  • Ability to support founders and businesses you believe in.
Cons of Wefunder
  • Lack of investor updates and communication, especially regarding company progress and financial performance.
  • Unresponsive and unhelpful customer support, with slow or no replies to inquiries.
  • Difficulties obtaining refunds for cancelled investments or failed transactions.
  • Concerns about Wefunder's due diligence process and the legitimacy of some listed companies.
  • Misleading claims about refund processing times.

Wefunder pricing

The commentary is based on 1 reviews from Wefunder G2 reviews.

Wefunder offers a platform to invest in startups with initial investments as low as $100. Some users even receive free investment credits. There is no information available on any other fees.

Users sentiment

Strongly positive
+1

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Wefunder FAQ

  • What is Wefunder and what does Wefunder do?

    Wefunder is an investment platform enabling individuals to invest as little as $100 in startups and small businesses across various industries. It provides access to investment opportunities alongside venture capitalists, but returns are not guaranteed. Users appreciate the platform's ease of use and diverse investment options.

  • How does Wefunder integrate with other tools?

    There is no information available regarding Wefunder's integrations with other tools. However, it's known for its user-friendly platform, making it accessible for individuals interested in investing in early-stage startups and businesses.

  • What the main competitors of Wefunder?

    Wefunder's main competitors include AngelList, which focuses on early-stage startups and venture capital, and DEGIRO, a platform offering access to global stock trading with low fees. Other alternatives, less directly comparable, are platforms like trica equity and Quicken.

  • Is Wefunder legit?

    Yes, Wefunder is a legitimate platform for investing in startups. It's known for its easy-to-use interface and low $100 minimum investment. However, remember that startup investments are inherently risky, so be sure to research before investing.

  • How much does Wefunder cost?

    Wefunder does not publicly disclose its pricing information. To determine the cost, you will need to contact Wefunder directly. They may offer various pricing tiers depending on your specific needs.

  • Is Wefunder customer service good?

    Wefunder's customer service receives mixed reviews. While some users find the platform easy to use for investments, others report difficulty contacting support and slow response times. More agent support would be appreciated by some users.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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