Wefunder
$100 community rounds for YC-adjacent startups; illiquid venture risk, past FINRA fine
Rates verified July 23, 2026View platformTracked since2026
0 reviews trackedThe Bottom Line
Minimum
$100
Biggest pro
Best startup quality signal of the three big portals
Biggest con
Past FINRA fine: $1.4M for Reg CF rule violations
At a glance
Rates verified July 23, 2026- Minimum investment
- $100
- Accreditation
- partial
- Fees
- 2% ACH fee (min $8, max $150) on standard Reg CF; 5.5% + $2 by card; up to 20% carried interest on Reg D SPVs
- Target return
- No distributions to speak of; venture outcomes
- Liquidity
- Total illiquidity; venture timelines
- Founded
- 2012
What is Wefunder?
Wefunder is the YC-flavored community-round leader: founded in 2012, YC-backed, with $983.7M raised for founders and over 1M registered investors as of mid-2026 (platform-reported), and the best startup quality signal of the big three portals. Disclose the record: FINRA fined Wefunder Portal $1.4M for Reg CF rule violations in the 2021-22 era; it is currently a FINRA member in good standing.
The minimum is $100 (median check $250). Fees: a 2% ACH fee (min $8, max $150) on standard Reg CF investments, 5.5% plus $2 by card, and up to 20% carried interest on accredited-only Reg D SPVs, which is hedge-fund pricing for venture risk.
Expect venture outcomes: no distributions to speak of, total illiquidity, and startup mortality. The Lead Investor (XX) syndicate model and founder-friendly reputation attract real deal flow.
Pros and cons
Pros
- Best startup quality signal of the three big portals
- Founder-friendly reputation attracts real deal flow
- Currently a FINRA member in good standing
Cons
- Past FINRA fine: $1.4M for Reg CF rule violations
- Up to 20% carried interest on accredited SPVs is hedge-fund pricing for venture risk
- Total illiquidity; no distributions to speak of
Key details
Community rounds for YC-adjacent startupsLow-friction $100 checksLead Investor (XX) syndicate modelReg D SPVs for accredited investors
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Wefunder FAQ
What is the minimum investment on Wefunder?
$100, with a median check of $250.
Is accreditation required on Wefunder?
No for Reg CF offerings. Reg D SPVs are accredited-only.
What are the risks of investing on Wefunder?
Venture risk in full: no distributions to speak of, total illiquidity, and normal startup mortality. Reg D SPVs charge up to 20% carried interest, and the portal's history includes a $1.4M FINRA fine for Reg CF rule violations in the 2021-22 era (it is currently a member in good standing).
Source: wefunder.com