Wefunder Versus StartEngine
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Wefunder Versus StartEngine — Which platform is best for me?
Equity crowdfunding is becoming the in-thing for startup founders to raise capital. As a result, a lot of equity crowdfunding platforms are being developed for this purpose. But, one thing is certain, only a few are leading the pack.
Two of the popular platforms that are leading the pack when it comes to equity crowdfunding are StartEngine and Wefunder. As a business owner or startup founder, it would interest you to know the comparison between these top equity crowdfunding platforms to determine which is best for you.
In this article, I will take you through some of the key differences between these two so you can decide which is best suited for you.
So, let’s get right into it!
Factors to Consider Before Choosing the Platform to Use For Your Crowdfunding Campaign
Before we get into the comparison between Wefunder and StartEngine, let’s consider some key features to look out for before choosing your crowdfunding platforms.
● The number of active investors on the platform
● The number of campaigns
● The total amount of funds raised
● The average amount of funds raised per campaign
● The fees/charges
● Securities offered
● Experience of the team involved
Wefunder versus StartEngine — A statistical comparison
For a fair comparison of these two platforms, let’s take a look at the overall health of the platform based on some key statistical indicators.
Number of Investors in 2021
WeFunder: Over 1,293,768
StartEngine: Over 600,000
Amount raised via Reg CF and Reg A+ in 2021 (Q1 — Q3)