--- title: "Fundify Review" url: https://altstreet.investments/platforms/reviews/fundify kind: platform-review updated: 2026-11-05 description: "Fundify review: the startup-investing app's adviser and its affiliated Reg CF portal, the 2% fee and what else is charged, withdrawals, the 2026 offerings and how earlier offerings turned out." publisher: AltStreet (https://altstreet.investments) license: Public factual pages may be read, quoted and cited with attribution and a link. Bulk redistribution is not permitted. --- # Fundify Review Fundify is an app that invests a monthly amount you choose, from $1, into startups picked for you. Two SEC-registered affiliates of Fundify, Inc. sit behind it: Fundify Advisors LLC, an investment adviser that manages each account with discretion for 2% a year, and Fundify Portal, LLC, a Regulation Crowdfunding portal where the startups raise and which the startups pay. This review covers how money moves between the two, what each side pays, and what the filings show about earlier offerings. AltStreet score: 26.6 (F), scored November 5, 2026. Method: https://altstreet.investments/platforms | Field | Value | | --- | --- | | Platform | Fundify | | What it is | Robo-Adviser for Startups + Reg CF Funding Portal | | Asset class | Startups / Pre-IPO (Reg CF) | | Website | fundify.com | | Review first published | November 5, 2026 | | Last updated | November 5, 2026 | | AltStreet relationship | None: no affiliate, sponsorship or partnership | ## The short version Fundify's distinctive feature is who picks the startups. An SEC-registered adviser, Fundify Advisors LLC, invests each client's monthly deposit with discretion, and its brochure says the securities are 'generally offered through Fundify's affiliate, Fundify Portal', a crowdfunding portal that the startups pay in cash and, in some offerings, equity; the brochure calls this 'a conflict of interest'. Clients pay 2% a year on invested holdings and give up the interest on cash awaiting investment; the pricing page calls the 2% 'the only fee'. The FAQ gives two answers on when a client sees a company's name, when the offering 'is officially filed with the SEC' and when the round closes, and a reservation can be canceled while it is open; after the close there is no withdrawal until a sale or IPO. The adviser's Form ADV, filed in July 2026, reports $888,512 under management in 9,393 accounts as of December 31, 2025. The portal's own record, set out below the fee and withdrawal sections, is 20 offerings in 2021 and 2022 with $320,650 of located raises, then none until four opened in 2026. - **Same owner** Fundify, Inc., principally owned by its CEO and founder Joshua Chodniewicz, owns the adviser (Fundify Advisors LLC, SEC-registered since August 15, 2023) and the funding portal (Fundify Portal, LLC, registered 2019). A third affiliate, Fundify Services LLC, manages the 2026 crowdfunding vehicles and, in two of the four 2026 Form Cs, is to receive shares from the startup (Chuck Waste) or a fee of 1% of its capitalization payable in cash, equity or both (XrossWorld AI). - **2%** What the client pays: an advisory fee of 2% a year, charged monthly on the lower of what you paid and the issuer-provided value of your holdings, cash excluded; on a steady $1,200 invested at cost, $24 a year. Fundify also keeps the interest earned on cash waiting to be invested, and the fee for a month is still due if you withdraw or close the account. No trading, deposit or withdrawal charge. - **Two answers** On when you see the company. The FAQ's reservation entry says 'Your reservation stays private until the offering is officially filed with the SEC. At that point you'll receive the company's name and full details'; three other entries say the name and details come 'once the round closes'. While a reservation is open you can cancel or withdraw (5 to 10 business days); after the close, the holding 'cannot be withdrawn until a liquidity event (like an acquisition or IPO)'. When the name first appears in the app, and whether a reservation can be canceled after it appears, is a question for Fundify. - **8.5%** What the startup pays: a cash fee to Fundify Portal on the money it raises in each 2026 offering (XrossWorld AI: 8.5% to $350,000 and 4% above), plus expense reimbursement and 'fixed and ongoing monthly fees', taken from gross proceeds and reducing what the startup keeps. The 2026 vehicle agreements put the vehicles' formation and operating expenses on the issuer as well. In 2021 and 2022 the portal took 6% cash plus 1.5% in securities. - **$320,650** The portal's earlier record: raised in the 2021 and 2022 offerings where an amount is on file (Baby Barista $150,000, Hydrogen Group $83,675, Work4Workers $58,475, NODABL Networks $28,500; AgWiki's annual report records its Fundify offering as raising $0). Nine other closed offerings have no amount located in EDGAR, and six were withdrawn. Baby Barista and Hydrogen Group have filed no annual report for any of fiscal years 2021 to 2025. This is evidence about public reporting after a raise; client returns are a separate question on which nothing is published. Data note: Issuers are counted by SEC CIK (24) and offerings by SEC file number (24; each issuer filed one Fundify offering). Amounts raised come from the issuers' Form C-U progress updates and Form C-AR annual reports. Adviser figures are from the Form ADV filed July 31, 2026, whose brochure dates the assets under management to December 31, 2025. Portal cards and homepage counters are as displayed on November 5, 2026 and are not filed figures; the four cards' investor counts (3,180 to 4,910) sum to 16,100 with possible overlap between offerings and are not a count of people or of the adviser's accounts. Fee terms are offering-specific and were read from each Form C. ## Key figures | Figure | What it is | Context | | --- | --- | --- | | $888,512 | Adviser assets under management | 9,393 accounts; as of December 31, 2025, reported in the Form ADV filed July 31, 2026. | | 2% | Client advisory fee | On invested holdings at the lower of cost and issuer value; Fundify also keeps interest on uninvested cash. Issuers separately pay the portal 8.5% from gross proceeds. | | $320,650 | Located raises, 2021 to 2022 | Five of 20 offerings (one at $0); nine closed with no amount located. | | Two answers | When clients learn the company | FAQ: when the offering is filed with the SEC, or when the round closes; cancellation only while the reservation is open. | ## Verdict Fundify makes startup investing automatic for small amounts, under two SEC registrations with no disciplinary history. The cost is a structure in which the adviser choosing your companies belongs to the same group as the portal those companies pay, a 2% fee plus the interest on your waiting cash, and a FAQ that gives two answers on whether you see a company before its round closes. The brochure states the conflicts plainly; the pricing page does not, and the portal's earlier offerings left a thin public record. **Best for** - Investors putting in small monthly amounts who accept a managed, long-term startup portfolio, the conflicts the brochure describes and a reservation they may not see before it closes **Look elsewhere if** - You want to choose or veto each company - You may need the money within several years - You want selection by an adviser that is not paid by the companies it picks **Strengths** - SEC-registered adviser and FINRA-member portal, no disciplinary events disclosed - $1 minimum and automatic monthly investing for non-accredited investors - Third-party qualified custodian for cash and annual surprise custody exams - Brochure states the affiliate and cash-interest conflicts directly **Limitations** - Adviser buys 'generally' on its affiliate's issuer-paid portal; an affiliate receives shares or a capitalization-based fee in two 2026 offerings - Pricing page calls the 2% the only fee - FAQ gives two answers on when a company's name is shared; no withdrawal after the round closes - Thin outcome record for the 2021 to 2022 offerings; no client returns published ## Who it fits | Investor | Fit | Why | | --- | --- | --- | | Non-accredited investors who want small, automatic startup exposure and accept not choosing the companies | neutral | | | Investors who want to approve each company before investing | poor-fit | | | Investors who may need the money back | poor-fit | | | Investors comparing fees across startup platforms | neutral | | ## Questions **Is Fundify legit?** Fundify's two operating companies are registered with the SEC: Fundify Advisors LLC as an investment adviser (CRD 319004) and Fundify Portal, LLC as a funding portal and FINRA member (007-00216). Neither reports a disciplinary event, and AltStreet located no regulatory action or investor lawsuit against them. Registration does not endorse the investments, and the brochure says the adviser buys 'generally' on its own affiliate's portal. **How does Fundify work?** You choose a monthly amount from $1 and connect a bank account. Fundify Advisors invests it with discretion into startups chosen by its Investment Committee and ProAdvisors, placing it in an open reservation until each round closes. Then the app shows the company, your shares, the price and the valuation. **What does Fundify cost?** 2% a year on your invested holdings, valued at the lower of cost and the issuer's valuation and charged monthly. Fundify also keeps the interest on cash waiting to be invested, and crowdfunding-vehicle administrative fees can apply. Separately, each 2026 startup pays Fundify Portal 8.5% of its raise plus expenses and monthly fees. **Do I get to choose which startups I invest in?** No. Fundify chooses. Its FAQ gives two answers on when you see the company: one entry says the reservation 'stays private until the offering is officially filed with the SEC', when you receive 'the company's name and full details'; three others say the name comes once the round closes. You can cancel or withdraw while a reservation is open, so whether you can decline a specific company depends on which answer applies. Your monthly amount is the most Fundify will put into any one company. **Can I withdraw my money from Fundify?** While money sits in an open reservation, yes: you can cancel the reservation or withdraw, in 5 to 10 business days through the in-app chat. After a round closes, the money 'cannot be withdrawn until a liquidity event (like an acquisition or IPO)'. A month's advisory fee is still due if you withdraw or close the account. **Do I have to be accredited to use Fundify?** No. Fundify accepts accredited and non-accredited investors, and the 2026 offerings set a $1 minimum purchase. **What is the conflict of interest at Fundify?** Fundify Advisors buys for clients, with discretion, startup securities that are 'generally offered through Fundify's affiliate, Fundify Portal', which the startups pay in cash and equity; in two of the four 2026 offerings another affiliate, Fundify Services LLC, is also to receive startup shares or a fee of 1% of the company's capitalization payable in cash or equity. Fundify also keeps interest on uninvested cash, which its brochure says gives it 'an incentive to maintain Clients' assets in cash'. Both conflicts are disclosed in the brochure. **How much has Fundify raised for startups?** On the portal, five 2021 to 2022 offerings have amounts on file totaling $320,650 (one at $0), nine closed with no amount located and six were withdrawn. The four 2026 offerings displayed $1,416,462 raised on November 5, 2026, which is the portal's figure, not a filed total. The adviser's Form ADV filed in July 2026 reports $888,512 under management as of December 31, 2025. **Where is my money held?** Cash is held at North Capital Private Securities Corporation in Fundify's name as agent for clients, and an accounting firm examines that custody once a year by surprise. After a close, you hold the startup security or, for 2026 offerings, units of a crowdfunding vehicle managed by Fundify Services LLC. **Can I sue Fundify?** The advisory agreement requires arbitration of disputes and waives class actions. ## Update history **November 5, 2026: Review published after owner passes 1 and 2: reservation timing reported as the FAQ's two answers; client and issuer costs separated; K-1, vehicle expenses and the XrossWorld fee corrected from the filings** First published review, after owner passes 1 and 2. The FAQ says in one entry that a reservation 'stays private until the offering is officially filed with the SEC' and in three others that the name comes when the round closes, and allows cancellation while a reservation is open, so 'blind commitment' and 'cannot decline a specific company' are replaced by the two answers and a question for Fundify. The '2% + 8.5%' callout is dropped: the 2% and the retained cash interest are the client's costs, the 8.5% is paid by the issuer from gross proceeds, and the vehicle agreements put the vehicles' expenses on the issuer; the $100-a-month example now states that $24 is the fee on a steady $1,200 balance. The four 2026 offering documents say investors receive a K-1 and the vehicles elect partnership taxation; XrossWorld's 1% fee is payable in cash, equity or both. The 16,100 figure is a sum of displayed counts with possible overlap, kept apart from the adviser's 9,393 accounts, and the inference about managed accounts is removed. Thesis shortened; the portal's 2021 to 2022 census moved below the fee and withdrawal material. **November 5, 2026: Review drafted; editorial pass applied** First draft from Fundify Advisors' Form ADV and brochure, Fundify Portal's registration history, the EDGAR filings of its 24 issuers (with OCR of scanned attachments), the site and the court record. Editorial pass: the brochure's 'generally' kept wherever the adviser's use of the portal is described; administrator equity tied to the two Form Cs that state it; the small-account inference and the escrow timing stated as consistent with, not established by, the record; the custodian described as third-party, as the brochure does; fee example labeled an illustration. ## Evidence appendix Platform website captured November 5, 2026. Form ADV Part 1 (IAPD PDF) and Part 2A, relationship summary and advisory agreement for Fundify Advisors LLC; every CFPORTAL filing of Fundify Portal, LLC; every EDGAR filing of the 24 issuers whose Form C names the portal; Form C and C-AR attachments with Textract OCR; fundify.com and fundifyportal.com pages; CourtListener RECAP and opinion searches; AltStreet SEC and FINRA enforcement tables. **Highlights** - Brochure, Item 4: 'Portfolio Investments are generally offered through Fundify's affiliate, Fundify Portal, LLC'; Item 10: 'This presents a conflict of interest'. - Brochure, Item 5: 'Fundify also retains all interest on cash held in Clients' Portfolios awaiting investment by Fundify.' - Pricing page: 'The only fee that Fundify charges is a standard advisory fee of 2% annually'; 'There are zero additional fees.' - FAQ: 'Once the round closes you will then own shares in the startup and we will then share the full name and details'; and, in the reservation entry: 'Your reservation stays private until the offering is officially filed with the SEC. At that point you'll receive the company's name and full details'. - Vehicle agreements, s.1.7: expenses 'shall be paid by the Crowdfunding Issuer'; Form Cs: 'Investors will receive IRS Form K-1 for tax reporting purposes'. - Chuck Waste Form C/A: 'The Crowdfunding Vehicle is managed by the Administrator, an affiliate of the Intermediary.' **Primary source pages** - fundify.com home, pricing, FAQ, ProAdvisors, legal (disclosure brochure, relationship summary, advisory agreement, terms) and fundifyportal.com offerings (captured November 5, 2026) - Fundify Advisors LLC Form ADV Part 1, filed July 31, 2026 (CRD 319004) - Fundify Portal, LLC Form CFPORTAL (October 2019) and seven amendments, latest April 15, 2026 - SEC EDGAR Form C, C/A, C-U, C-AR, C-TR and C-W filings of the 24 issuers - Chuck Waste, Inc. Form C/A (September 10, 2026) and Leben & Cerne Corp (XrossWorld AI) Form C/A (June 16, 2026) - NODABL Networks and AgWiki Form C-AR annual reports ## Related - Full review (HTML): https://altstreet.investments/platforms/reviews/fundify - Every platform review: https://altstreet.investments/platforms/reviews - Methodology and scoring: https://altstreet.investments/platforms - Category hub: https://altstreet.investments/categories/secondary-pre-ipo-markets --- Source page: https://altstreet.investments/platforms/reviews/fundify Machine index: https://altstreet.investments/llms.txt AltStreet reads what platforms, funds and issuers file with the SEC and what they tell investors, and publishes the difference. Figures are as filed or as captured on the date stated; nothing here is investment advice.