Wefunder

Wefunder DESCRIPTION:

Wefunder is an equity crowdfunding platform, which means that investors are rewarded with equity in the company in exchange for their funding. Alternatively, startups are also able to engage in debt crowdfunding on the site as well which means they will be responsible for paying the amount back they receive in funding. For startups that expect to see venture capital investment in their future due to rapid growth, Wefunder is the absolute best crowdfunding platform out there.

BEST FOR:

High-growth startups
Tech startups
Equity-based startups

PROS:

High success rate of roughly 75%
Access to additional resources for legal help, crowdfunding support, and more
WeFunder isn’t super exclusive despite being an equity crowdfunding platform.

CONS:

Due to it being an equity crowdfunding platform, there are increased legal requirements.
This is not a platform for small businesses or lifestyle startups
There are more rules and regulations to participate in crowdfunding on this site