mike norman greg belote headquarters cambridge massachusetts united states services entrepreneurship startups investment website wefunder.com wefunder is a crowdfunding service which connects startups with investors online . 1 2 wefunder will use a provision in the 2012 jobs act which will allow unaccredited investors to provide equity for entrepreneurial undertakings once it takes full effect . 3 4 5 contents 1 foundation 2 function & reception 3 references 4 external links foundation edit wefunder was founded by serial entrepreneurs nick tommarello mike norman and greg belote in 2012 . 6 the startup incubator y combinator backed wefunder during its development and launch . 7 the company raised more than 500 000 in 2012 receiving startup capital from nearly 60 investors including angel investors nihal mehta dharmesh shah and bill warner . 8 in total the company has raised over 1.4 million from over 100 investors via the wefunder platform . 9 tommarello norman and belote extensively lobbied with the u.s. securities and exchange commission sec and in the united states congress for the passing of the jobs act . 10 11 so much so that they were in washington d.c. to watch president barack obama sign the bill on april 5 2012 . 8 the jobs act which allows startups to advertise and generally solicit for investments is set to be fully implemented by mid 2014 . 12 13 function & reception edit wefunder is predicated upon the idea that anyone regardless of wealth should be able to invest in a company . 14 as of now only accredited investors are legally able to fund startups and these investors must put up at least 1 000 to have an equity share . 14 15 once the full deregulations promised by the jobs act are unrolled the company plans to lower the barrier of investor entry to 100 . 16 17 tommarello said wefunder s goal is to fill the funding gap between angel investors and that first major round of capital . 16 18 references edit luckerson victor september 24 2013 . the crowdfunding economy is about to pop . time . pepitone julianne april 17 2012 . 8 crowdfunding sites to watch . cnn . weisman jonathan march 27 2012 . final approval by house sends jobs bill to president for signature . new york times . prive tanya november 6 2012 . inside the jobs act equity crowdfunding . forbes . khazan olga march 22 2012 . jobs act a potential boon for entrepreneurs or a bust for investors . washington post . linkedin page . linkedin.com . lawler ryan march 19 2013 . http techcrunch.com 2013 03 19 wefunder launch . techcrunch . external link in title help a b rao leena november 28 2012 . wefunder raises 500k to help unaccredited investors put money into startups . techcrunch . wefunder on wefunder . frick walter january 31 2012 . 900 have already signed wefunder petition demanding crowdfunding of startups . bostinno . mcintyre donald march 28 2013 . mike norman talks about wefunder video interview . newfination . mcglade allen september 18 2013 . crowdfunding will flourish regardless of what the sec does . forbes . mandelbaum robb september 24 2013 . s.e.c. advances new jobs act rule but not crowdfunding . new york times . a b grant rebecca march 26 2013 . wefunder gives startups a green button to meet their fundraising goals . venturebeat . faq . wefunder.com . a b isaac mike march 19 2013 . meet wefunder the crowdfunding platform for would be investors . allthingsd . company of the week wefunder.com . mit.edu . strangler dane august 29 2013 . five things the general public should know about crowdfunding . forbes . external links edit official website retrieved from https en.wikipedia.org w index.php title wefunder & oldid 706281374 categories crowdfunding platformshidden categories cs1 errors external linksofficial website different in wikidata and wikipedia navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 22 february 2016 at 13 15 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view