Wefunder
Wefunder is an equity crowdfunding platform based in San Francisco that allows startups and small businesses to raise capital directly from their customers and the general public. Founded in 2011 by Nick Tommarello, Mike Norman, and Greg Belote, Wefunder operates as a Public Benefit Corporation. It enables unaccredited investors to purchase equity with a minimum investment of $100, making it accessible to a broader audience. The platform's primary offering is the Community Round, which allows startups to raise up to $5 million per year. Wefunder provides various services, including capital ra
Investing activity
Wefunder appears in 1 AI deal tracked by the AI Lounge deals desk. The rounds are mostly Seed, with a median round size of $3M. The most recent is Trace (Seed, $3M, Feb 2026).
Wefunder most often invests alongside Y Combinator, Goodwater Capital, Formosa Capital and Transpose Platform Management, and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about Wefunder
What AI companies has Wefunder invested in?
Wefunder's AI investments include Trace. The 1 round on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Wefunder based?
Wefunder is based in Gun Barrel City, Texas, United States.
What stage does Wefunder invest at?
In the rounds tracked on AI Lounge, Wefunder has invested at Seed, with a median round of $3M.
Who does Wefunder co-invest with?
Wefunder's most frequent co-investors on AI Lounge are Y Combinator (1 deal), Goodwater Capital (1 deal), Formosa Capital (1 deal), Transpose Platform Management (1 deal) and Mike Stachowiak (1 deal).
How can founders reach Wefunder?
Founders on AI Lounge can see Wefunder's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Wefunder to their Investor Pipeline to track the conversation.