Wefunds LLC is a venture capital fund based in Cambridge. According to its most recent Form D, filed Sep 11, 2014, it has sold $94,500 of interests to 28 investors since its first sale in Sep 2014. The minimum investment it accepts from an outside investor is $1,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Michael Norman.
- Total raised
- $94,500Cumulative sales reported on Form D
- Investors
- 28
- First sale
- Sep 11, 2014
- Minimum investment
- $1,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Michael Norman
- Latest Form D
- Sep 11, 2014
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Wefunds LLC
What is the minimum investment for Wefunds LLC?
According to its latest Form D, filed Sep 11, 2014, the minimum investment Wefunds LLC accepts from an outside investor is $1,000.
Who can invest in Wefunds LLC?
Wefunds LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has Wefunds LLC raised?
Wefunds LLC reports $94,500 sold from 28 investors on its Form D filed Sep 11, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Wefunds LLC based?
Wefunds LLC is based in Cambridge.
When did Wefunds LLC launch?
Wefunds LLC reports its first sale in Sep 2014.