/Companies

Wefunder

also invests · investor profileYC W13

San Francisco, US · Founded 2011 · Delaware corporation · 35 employees · Hiring · 13 known investors

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A platform that allows individuals to invest in private startups with minimum investments of $100, leveraging regulatory changes to democratize access to early-stage company equity.

Also known as Wefunder, PBC

FintechInvestingUnited States of AmericaAmerica / Canada

Founders & leadership· Y Combinator alumni (W13)

Wefunder was founded in 2011 by Nick Tommarello, Greg Belote, and MICHAEL NORMAN.

NTNick Tommarello
Nick TommarelloCEONick Tommarello is the founder and CEO of Wefunder, a platform enabling retail investors to participate in early-stage company equity.
GBGreg Belote
Greg BeloteCTOHe has built the company's financial backend infrastructure.
MN
MICHAEL NORMANCo-founder
JG
Joel GarciaController
KM
Kai MoonHead of Investor Success
CW
Casey WatsonHead of Fund Ops
RE
Read EzellHed
OS
Omar Shammas
MN
Michael NormanPresident2012–2019
NL
Niclas Ladd
JDJustin Duan
Justin DuanIntern2017–2017Founder/CEO at BlitzIQ
MY
Michael YorkRecruiterformer

Investors · 13

Reported raises · per SEC filings

Form D private placements

$24.7M disclosed across 12 of 14 rounds · 2012–2024

▶$2MraisedNov 2025 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Nicholas TomarelloExecutive Officer, Director
Offering amount
$2M
Amount sold
$2M
Minimum investment
$5K
First sale
Oct 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$241KraisedOct 2024 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Nicholas TommarelloExecutive Officer, Director
Offering amount
$241K
Amount sold
$241K
First sale
Aug 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$415.5KraisedMar 2024 · 8 investors · Other
Rule 506(c)
Officers, directors & promoters on the filing
  • Nicholas TommarelloExecutive Officer, Director
  • Greg BeloteExecutive Officer, Director
Offering amount
$415.5K
Amount sold
$415.5K
First sale
Apr 2021
Incorporated
Corporation, Delaware
Federal exemptions
06c
Full filing on SEC EDGAR ↗
▶$1MraisedMar 2024 · 3 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Greg BeloteExecutive Officer, Director
  • Nicholas TommarelloExecutive Officer, Director
Offering amount
$1M
Amount sold
$1M
First sale
Aug 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2.1MraisedMar 2024 · 4 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Nicholas TommarelloExecutive Officer, Director
  • Greg BeloteExecutive Officer, Director
Amount sold
$2.1M
First sale
Dec 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$906.8KraisedMar 2024 · 2 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Nicholas TommarelloExecutive Officer, Director
  • Greg BeloteExecutive Officer, Director
Offering amount
$906.8K
Amount sold
$906.8K
First sale
Nov 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$460KraisedMar 2024 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Nicholas TommarelloExecutive Officer, Director
  • Greg BeloteExecutive Officer, Director
Offering amount
$460K
Amount sold
$460K
First sale
May 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2.6MraisedMar 2021 · 5 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Nicholas TommarelloExecutive Officer, Director
  • Greg BeloteExecutive Officer, Director
Offering amount
$15M
Amount sold
$2.6M
First sale
Mar 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through Wefunder went on to found or lead other companies.

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Companies working in the same space as Wefunder.

Legal entities · 2

corporate structure
Wefunder, Inc.
Wefunder, PBC

In the news

Frequently asked questions

What does Wefunder do?
A platform that allows individuals to invest in private startups with minimum investments of $100, leveraging regulatory changes to democratize access to early-stage company equity.
Who founded Wefunder?
Wefunder was founded by Nick Tommarello, Greg Belote, MICHAEL NORMAN in 2011.
Who are Wefunder's investors?
Wefunder's investors include D3VC, Gaingels, Mudita Venture, Pioneer, Plug and Play Ventures, Ranch Ventures, Raptor Group, SGH Capital and 5 more.
How much funding has Wefunder raised?
Wefunder has disclosed $24.7M raised across 12 of its 14 known rounds.
Where is Wefunder headquartered?
Wefunder is headquartered in San Francisco, US.