Wefunder is an online service that allows individual investors to crowdfund startup companies.
[1][2] Wefunder uses a provision in the 2012 JOBS Act that allows unaccredited investors to purchase equity in early stage private companies.
[3][4] Wefunder was founded by Nick Tommarello, Mike Norman, and Greg Belote in 2012.
[citation needed] The startup incubator Y Combinator backed Wefunder during its development and launch.
[5] Wefunder is predicated upon the idea that anyone, regardless of wealth, should be able to invest in a company.