Wefunder
Community rounds from $100, set by each company; 2% ACH fee (max $150); $1.4M FINRA fine in 2022
Rates verified October 14, 2026View platformThe Bottom Line
- Minimum investment
- $100 (verified Oct 14, 2026). All rates and fees
Key facts
- Reported return: Not published
- Liquidity: Total illiquidity; venture timelines
Pros
- Community rounds open to all investors, with minimums set by each company, as low as $100
- Wefunder Portal LLC is listed as a FINRA funding portal member (list updated September 29, 2026)
- Investors invited by the founder to a private-round SPV pay no fees
Cons
- Past FINRA fine: $1.4M in 2022 over Reg CF rule violations between 2016 and 2021
- SPV investors Wefunder introduces pay 5% in fees plus 10% carried interest
- Total illiquidity; no realized-return dataset
At a glance
Rates verified October 14, 2026- Minimum investment
- $100
- Accreditation
- partial
- Fees
- Reg CF investor fees by payment method: ACH, wire or Wefunder Cash 2% (min $8, max $150 per transaction); stablecoin 2% (min $8); credit card, Apple Pay or Google Pay 5.5% + $2 (min $8, no cap). Reg D private-round SPVs: investors Wefunder introduces pay 5% management fees (0.5% for 10 years) and 10% carried interest; investors invited by the founder pay no fees
- Reported return
- No realized-return dataset; venture outcomes
- Liquidity
- Total illiquidity; venture timelines
- Founded
- 2012
Sources: help.wefunder.com/article/7dc60c82-wefunder-inv…, help.wefunder.com/article/f49b78d1-wefunder-fee…, read October 14, 2026
What is Wefunder?
Wefunder is a community-round investing platform founded in 2012 and YC-backed, with $983.7M raised for founders and over 1M registered investors as of mid-2026 (platform-reported). Wefunder's help center says it does not curate deals: it screens companies for signs of fraud but does not decide what is worthy of investment. Disclose the record: FINRA fined Wefunder Portal $1.4M in 2022 over Reg CF rule violations between 2016 and 2021; Wefunder Portal LLC is listed as a FINRA funding portal member (list updated September 29, 2026).
The minimum is set by each company, as low as $100. Reg CF investor fees depend on the payment method: ACH, wire or Wefunder Cash cost 2% (min $8, max $150 per transaction), stablecoin 2% (min $8), and a credit card, Apple Pay or Google Pay costs 5.5% plus $2 (min $8, no cap). On accredited-only Reg D private rounds (SPVs), investors that Wefunder introduces pay 5% management fees (0.5% for 10 years) and 10% carried interest, while investors invited by the founder pay no fees.
Expect venture outcomes: no realized-return dataset, total illiquidity, and startup mortality. Reg CF community rounds are open to all investors, with limits for non-accredited investors based on income or net worth.
Key details
Reg CF community rounds open to all investorsMinimums as low as $100, set by each companyLead Investor (XX) syndicate modelReg D SPVs for accredited investors
Recent changes to these figures
What changed when we last re-read the Wefunder page, with the date.
- Reg D SPV carried interest stated at 10% plus a 5% fee for Wefunder-introduced investors (none for founder-invited), not up to 20%, read on Wefunder's help center.
Explore more
Wefunder FAQ
What is the minimum investment on Wefunder?
Each company sets its own minimum, as low as $100. Many founders choose $1,000 for the SPV.
Is accreditation required on Wefunder?
No for Reg CF community rounds, which are open to all investors; non-accredited investors face a limit of the greater of $2,500 or 5% or 10% of income or net worth. Reg D private rounds (SPVs) are for accredited investors only.
What are the risks of investing on Wefunder?
Venture risk in full: no realized-return dataset, total illiquidity, and normal startup mortality. Wefunder says it screens companies for signs of fraud but does not curate deals. Investors in Reg D SPVs that Wefunder introduces pay 5% in fees plus 10% carried interest, and the portal's history includes a $1.4M FINRA fine in 2022 over Reg CF rule violations between 2016 and 2021 (Wefunder Portal LLC is listed as a FINRA funding portal member).
Source: wefunder.com