Wefunder has a stated goal of funding more than 20,000 startups by the year 2029.7 It hopes to do this by accepting investments of as little as $100 at a time.
Through Wefunder, an average investor can inject capital into a wide range of companies. At last glance, it was accepting investments into dozens of companies including a fan-owned entertainment company, a vegan marketplace, a dog cancer cure, and a brewing company.
The platform allows an investor to purchase stock (with dividends or no dividends), convertible notes, or debt. Wefunder has accepted $110 million in investments since 2012, supporting over 300 companies.8
When you invest, money is placed in an escrow account. If the company succeeds in raising enough funds, your investment goes to the startup. Otherwise, you can get your money back.