Wefunder, Inc.Reviews of wefunder.com

Oh man, great platform to invest in start ups. BUT you will not be happy since it takes forever to get a payout, that's not a wefunder issue but when a deal goes belly up you will not get the proper tax form to write off your loss and when you have a sake you will get incorrect tax forms that will cause you enormous headache to deal with. So the bottom line is stay away from this outfit. And many others like it.

I've been unable to access my account since my email associated with the account no longer exists, and for the last two weeks I've been trying to reach the support email to get back into my account. At first, the support responded by asking me for the same information twice (including after it was provided inside the same email thread it was asked for again), and then has not responded at all for over a week.

I have requested the transfer of my funds to my bank. So far, not money has been transferred. Help links are not working, no way to contact company. This is definitely a scam. They had me as a foreign citizen on IRS forms. They have really screwed. I can't find a way to contact them.

I think this whole things is a scam. Rad intel is not giving satisfactory info. So I want ot sell off my shares or have them buy them back at current price and they say the cant do that. Wefunder says they cant do anything about it. The more I learn about investing in start ups, is that you might as well throw your investment n the garbage.. You will never see it again,. Unless the cop[many does and IPO or sells the company, you will not make any money and not see your principle either. And the start up is under no obligation to do either. No laws or statutes Nothing. So they take your money and make themselves wealthy and then you get nothing in return. Wefunder is a co conspirator to this grift. Which is RICO. I have sent this info to the DOJ and FBI. If it goes further I will retain a lawyer.

Invest 250 us dollars and, now Wefunder will not allow me to access my account or funds.

In general, this platform works for crowdfunding, but the minimum investment in comparison is higher than at other platforms, and the deposit methods aren't exactly without fees, especially for international investors. Issues raised with the support do - if ever - only get addressed until you rediscover a few weeks later that they resurface. Nowadays the support is just an LLM showing how well the glorious "A.I. technology" performs at misreading. The platform's approach to data privacy is a severe issue, as they'll publish your full name associated with the companies you invested in. This data gets provided even to non-members. Especially when not disclosing the invested amount of money, this could easily cause misconceptions about you being overly wealthy and all the dangers that come with it. I'm also getting spammed by many of the people who run campaigns on their platform, sometimes multiple times per campaign. They hand out my e-mail address to all kinds of senders who then add me into newsletters I've never subscribed to. I've opted out of pretty much everything I can on Wefunder, but for years they keep handing out my e-mail address to third parties. In what developing country is a no-consent approach still allowed?

Since January 4th I have not received my funds from wefunder cash in fact the money isn't even showing on my account as wefunder cash.i have sent over 20 emails with generic responses returned and was given a phone number to call which is basically a unmonitored Google voicemail.

This is a letter I sent to the WeFunder CEO that was never responded to. I gave him 2 months to answer and he did not. I am writing to formally express my disappointment with WeFunder’s platform, operations, and investor-facing disclosures. I have invested in 21 companies through WeFunder. Nearly all have failed. While I fully understand and accept the inherent risk in early-stage investing, outcomes at this scale indicate something beyond normal venture risk. They point to systemic failures in company vetting, disclosure, and post-raise accountability. What I find particularly troubling is how portfolio performance is currently represented to investors. My dashboard reflects an overall return of approximately 0.97. In reality, based on actual company outcomes and capital impairment, my return is closer to 0.10 to 0.20, if that. This discrepancy is misleading and materially minimizes investor losses. Investors may be retail, but they are not unsophisticated, and accuracy matters. Additionally, WeFunder appears to exercise little to no meaningful oversight or accountability once companies have raised capital. Many issuers provide minimal updates, fail to execute on basic expectations, or simply disappear, with no apparent consequences. That lack of accountability ultimately rests with the platform that curated and promoted these offerings. At this point, I have no viable mechanism to recoup losses or pursue remediation. As a result, I plan to share my experience publicly through a social media series describing my investments, outcomes, and concerns regarding WeFunder’s practices. This is not motivated by emotion or retaliation, but by a responsibility to inform other investors who may be relying on WeFunder’s representations. Before proceeding further, I am offering you the opportunity to respond substantively or explain how WeFunder justifies these representations and outcomes. I look forward to your reply.