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How long will it take until my fundraise is live?

You can start raising in as little as 15 minutes.

You’ll be able to launch a pitch & start spreading the word in minutes!1 Supporters can begin reserving spots in your round immediately. These reservations are non-binding – no money will be sent to you yet. Once we help you finish your legal work, investors will be prompted to confirm their investments, and then BOOM!2 Funding and a community of supporters.

Some important things to keep in mind…
 
- You have to raise $50k on your own before organic investors on Wefunder can discover you. You also have to raise $50k on your own before filing the Form C and accessing the funds you have raised.
 
- Legally, Wefunder is required to wait at least 21 days from filing the Form C before you can access the funds that you raise. 

- Most US-based companies can raise on Wefunder, but there are a few types of businesses we are not allowed to host.

- There is no cost to start raising on Wefunder. If you raise $50,000, file a Form C, AND close on funds, then Wefunder charges a 7.9% success fee on what you raise and an annual admin fee of $1,000 per year3

 

1 Include these disclosures in all public communications (emails, ads, posts, etc.) before filing your legal work – you'll have to file screenshots of each communication alongside your Form C! Also, avoid mentioning offering terms – direct people to your Wefunder pitch page. All advertising guidelines are here.

2 The law requires that you wait at least 21 days after filing your Form C before withdrawing any funds.

3 For LLCs, the fee might be altered by certain tax conditions. For more info on SPVs for LLCs and what that means for taxes, read our explainer
 

Can't find what you're looking for?

Email us: support@wefunder.com