Early-Stage Venture Equity (Reg CF + Reg D side-cars)SEC Registered

Wefunder

Wefunder is one of the largest US Reg CF funding portals by capital volume — described by FINRA in the 2022 AWC as the largest participant in the crowdfunding space — a regulated marketplace hosting third-party startup offerings at $100+ minimums, no secondary market, and a documented but resolved 2022 FINRA settlement that covered the platform's first five years of operation.

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Platform Identity

Headquarters
San Francisco, CA, US
Founded
2011
Platform type
Reg CF Funding Portal (FINRA-registered)
Regulatory
multiple
Eligibility
retail

AltStreet Coverage

Review status
Published
Coverage type
Investment platform
Review date
Jun 16, 2026
Last updated
Nov 1, 2026
Composite score
4.1
Structural signals
7 warning116 total

Key Data Points

EDGAR-linked offerings
102
Filing-verified raised
$259.35M
Investors disclosed
4,947

Auditors of Record

Audit firms named in this platform's issuer filings, as recorded in AltStreet's auditor directory. Each firm page lists every issuer it audits across covered platforms.

All 86 tracked Wefunder offerings →

Manager (Form ADV)

Investment adviser records matched to this platform from SEC Form ADV filings (IARD). Figures are manager-level — they describe the advisory firm, not any single offering on this page.

WEFUNDER

Exempt Reporting Adviser
CRD / SEC#
167803 · 802-78113
Status
ERA - Active
Private funds
121 · $132.01M gross assets(PE:39 VC:82)
Item 11 disclosures
None reported
Main office
SAN FRANCISCO, CA
Latest ADV filed
Mar 31, 2026
View on IAPD (adviserinfo.sec.gov)

Item 11 disclosures are affirmative answers to Form ADV's disciplinary questions, which can include affiliate events — they are not a count of violations. Source: SEC Form ADV data, refreshed monthly.

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