Wefunder

ARC Fund Launches with Underrepresented Founders to Increase Alternative Capital for Impact Entrepreneurs Facing Scarcity of VC Money

Retrieved on: 
Wednesday, February 21, 2024

NEW YORK, Feb. 21, 2024 /PRNewswire/ -- The ARC Fund launched three Community Rounds today to support underrepresented impact entrepreneurs raise growth capital between $250,000 and $5,000,000 over a three-month "equity crowdfunding" campaign using the Wefunder platform in response to the scarcity of capital as venture capitalists hold on to funds due to the uncertain economy, banks lend less, and interest rates remain high, forcing startups led by underestimated founders to find alternative sources of capital to survive and grow.The Kauffman Foundation reported that nearly two-thirds (65%) of new businesses will use personal and/or family savings to cover their startup costs. Without an innovative source of capital to provide a "bridge" round to get startups through this tough economic period over the next few years, many overlooked entrepreneurs will close their doors.

Key Points: 
  • By the end of 2022, adverse market conditions led to a 36% drop in overall venture capital dollars, but Black entrepreneurs saw a 45% decrease in financing.
  • Women-only teams secured only 2.8% of venture capital in 2023, the lowest in four years.
  • Nearly 20% of all startups have raised money at a lower valuation than they had previously, up from 5% in 2021, according to Carta.
  • When looking at equity crowdfunding success percentages, campaigns run by women-only founders had an 87.5% success rate compared to 41% for men-only founders.

Jameela Jamil's I Weigh Community Partners with MakeLoveNotPorn Founder Cindy Gallop to Support New Investment Campaign To Empower Women and Promote Positive Sexual Behavior Online

Retrieved on: 
Tuesday, February 20, 2024

In a world where the intersection of technology, sexuality, and ethics is more important than ever, this collaboration aims to drive lasting change through a revolutionary approach to sex education and conversation.

Key Points: 
  • In a world where the intersection of technology, sexuality, and ethics is more important than ever, this collaboration aims to drive lasting change through a revolutionary approach to sex education and conversation.
  • With less than 2% of venture funding going to women-led companies, Gallop decided to get creative with fundraising by tapping into Jamil and her likeminded I Weigh community to bolster awareness around this important initiative.
  • Gallop shares, "I am in awe of Jameela's commitment to encourage her I Weigh community to do something that is so badly needed - fund female founders.
  • Jamil adds, "Cindy's leadership in the social sex revolution aligns perfectly with our values at I Weigh, and MLNP's strategic approach and commitment to fostering positive sexual behavior resonate deeply.

Biochar Life Launches Crowdfunding Campaign to Accelerate Global Impact on Agriculture and Climate Change

Retrieved on: 
Sunday, February 4, 2024

HIGHLAND PARK, N.J., Feb. 4, 2024 /PRNewswire-PRWeb/ -- Biochar Life, a Public Benefit Corporation at the forefront of sustainable agriculture and climate action, announces the public launch of its crowdfunding campaign on Wefunder. As part of the public launch, the company is presenting a special investment opportunity: Investors who contribute before the campaign reaches its initial milestone of $100k will be eligible for a 2x return on their investment. Once this milestone is achieved, the return rate will adjust to 1.75x.

Key Points: 
  • Biochar Life announces a public crowdfunding campaign to expand its impactful work.
  • HIGHLAND PARK, N.J., Feb. 4, 2024 /PRNewswire-PRWeb/ -- Biochar Life, a Public Benefit Corporation at the forefront of sustainable agriculture and climate action, announces the public launch of its crowdfunding campaign on Wefunder .
  • This crowdfunding campaign marks a new growth phase, fostering a community to transform agriculture and fight climate change.
  • Biochar Life invites the public to invest in its mission to transform agriculture and fight climate change.

Samson Sky Receives Another Patent for Switchblade Flying Sports Car

Retrieved on: 
Wednesday, January 17, 2024

PRINEVILLE, Ore., Jan. 17, 2024 /PRNewswire/ -- Samson Sky has received their seventh patent for the unique wing-swing design of the Switchblade Flying Sports Car, with the newest patent coming from the United Kingdom. Sam Bousfield, designer of the Switchblade and CEO Samson Sky emphasized the importance of having these design patents as a vital safeguard for Samson, stating there are more patents still in progress.

Key Points: 
  • PRINEVILLE, Ore., Jan. 17, 2024 /PRNewswire/ -- Samson Sky has received their seventh patent for the unique wing-swing design of the Switchblade Flying Sports Car, with the newest patent coming from the United Kingdom.
  • Sam Bousfield, designer of the Switchblade and CEO Samson Sky emphasized the importance of having these design patents as a vital safeguard for Samson, stating there are more patents still in progress.
  • "It is gratifying to see that our long-term strategy of patent coverage is bearing fruit," stated Bousfield.
  • To learn about the investment opportunity with Samson Sky and the Switchblade Flying Sports Car, go to: https://wefunder.com/samsonsky
    The Switchblade is a three-wheel, street-legal vehicle that you keep parked in your garage.

Samson Sky Launches Crowdfunding for Switchblade Flying Sports Car

Retrieved on: 
Wednesday, January 10, 2024

PRINEVILLE, Ore., Jan. 10, 2024 /PRNewswire/ -- Samson Sky, makers of the Switchblade flying sports car announced it has begun fundraising to get into the production phase for their high-performance vehicle, using the crowdfunding platform Wefunder as the first step. The campaign marks a significant step forward for Samson Sky, after achieving first flight of the Switchblade flying car on November 5, 2023.

Key Points: 
  • PRINEVILLE, Ore., Jan. 10, 2024 /PRNewswire/ -- Samson Sky, makers of the Switchblade flying sports car announced it has begun fundraising to get into the production phase for their high-performance vehicle, using the crowdfunding platform Wefunder as the first step.
  • The campaign marks a significant step forward for Samson Sky, after achieving first flight of the Switchblade flying car on November 5, 2023.
  • Production plans to scale across the U.S. and overseas
    Hugely popular – Over 2300 Reservations from 57 countries and all 50 U.S. states
    $10MM raised prior to crowdfunding, orders of $472MM and growing
    To learn about the investment opportunity with Samson Sky and the Switchblade flying sports car, go to: https://wefunder.com/samsonsky
    The Switchblade is a three-wheel, street-legal vehicle that you keep parked in your garage.
  • Then you simply land, transform your flying sports car back to driving mode – the wings and tail safely stowed and protected – and drive to your destination.

The Future of Luggage Tracking and Travel Security

Retrieved on: 
Wednesday, January 3, 2024

SAN FRANCISCO, Jan. 3, 2024 /PRNewswire/ -- Package, Inc. today announced a new product ecosystem that is solving a problem that many travelers face on a regular basis - lost and stolen luggage. While existing products are limited to basic consumer location trackers with little or no real-time security, Package, Inc. is building a comprehensive enterprise and consumer product portfolio with LuggageCam, a cutting-edge luggage tracking and security system that offers a real-time baggage tracking, video monitoring and end-to-end insurance solution for both airlines and passengers.

Key Points: 
  • While existing products are limited to basic consumer location trackers with little or no real-time security, Package, Inc. is building a comprehensive enterprise and consumer product portfolio with LuggageCam, a cutting-edge luggage tracking and security system that offers a real-time baggage tracking, video monitoring and end-to-end insurance solution for both airlines and passengers.
  • By combining luggage logistics, tracking, networking and security, LuggageCam delivers an industry-defining wireless tracking and audio-video security system that securely locks onto a luggage handle, turning any travel bag into a smart bag.
  • Unlike other luggage tracking devices, LuggageCam offers more than a dot on a map.
  • SmartTag™ – A smart luggage tag that displays real-time flight and travel itinerary with flight status updates, gate changes, baggage handling instructions, owner identification and security alerts, ensuring luggage arrives at the correct destination and in the right hands.

jbrds Pairs Significant Investment With Powerhouse Retailer Partners To Take The Next Step Toward Market Leadership

Retrieved on: 
Thursday, December 7, 2023

BALTIMORE, Dec. 7, 2023 /PRNewswire/ -- jbrds, a leading baby and children footwear company built to start kids off on the right foot with anatomically-designed shoes, today announced the launch of a public WeFunder campaign on the heels of fresh investment led by Maryland-based investors.

Key Points: 
  • The company also unveiled retail partnerships with Pacers of Northern Virginia and Washington, DC, and Charm City Run of Maryland and Delaware.
  • "Our customers expect the highest quality and that will extend to kids' footwear the moment jbrds hit the shelves."
  • "Our partnerships with Pacers and Charm City Run deepen our local business story and validate an expansion from direct-to-consumer to retail," said Mike Gugat, Co-Founder & CEO of jbrds.
  • These significant commitments and partnership discussions come as jbrds launches a community raise on WeFunder: https://wefunder.com/jbrds .

WEFUNDER MARKETPLACE UTILIZES JUSTPAID, AI-POWERED FINANCE TOOL, FOR ACCOUNTS PAYABLE

Retrieved on: 
Wednesday, November 1, 2023

NEW YORK, Nov. 1, 2023 /PRNewswire/ -- WeFunder , the marketplace that connects hundreds of investors with innovative start-ups, has been utilizing JustPaid , the AI-Powered Finance Company, for their bill pay through their AI-powered accounts payable software over the past several months.

Key Points: 
  • NEW YORK, Nov. 1, 2023 /PRNewswire/ -- WeFunder , the marketplace that connects hundreds of investors with innovative start-ups, has been utilizing JustPaid , the AI-Powered Finance Company, for their bill pay through their AI-powered accounts payable software over the past several months.
  • WeFunder offers everyone from first-time to seasoned investors an ease of access to early-stage startups, bringing private equity to the public since 2016.
  • Sophie Wang, CFO at WeFunder, was thrilled to utilize the accounts payable side for their workflows.
  • "WeFunder has been an incredible partner to us, and we've been so thrilled to hear such positive feedback on JustPaid's accounts payable functionality," says JustPaid co-founder Vinay Pinnaka.

The Future of Luggage Tracking and Travel Security

Retrieved on: 
Tuesday, October 24, 2023

SAN FRANCISCO, Oct. 24, 2023 /PRNewswire/ -- Over 76,000 bags are mishandled by airlines every day. That's over 28 million bags per year, 5% of which are never found. The cost to airlines and travelers is hundreds of millions of dollars every year. To bring a new level of security to the travel industry, Package, Inc. today announced LuggageCam, a cutting-edge luggage tracking and security system to solve this major pain point for airlines and travelers.

Key Points: 
  • To bring a new level of security to the travel industry, Package, Inc. today announced LuggageCam, a cutting-edge luggage tracking and security system to solve this major pain point for airlines and travelers.
  • By combining luggage logistics, tracking, networking and security, LuggageCam, delivers an industry-defining wireless tracking and audio-video security system that securely locks onto a luggage handle, turning any travel bag into a smart bag.
  • SmartTag™ – A smart luggage tag that displays real-time flight and travel itinerary with flight status updates, gate changes, baggage handling instructions, owner identification and security alerts, ensuring luggage arrives at the correct destination and in the right hands.
  • LuggageCam combines RFID with cellular, wi-fi, Bluetooth, and GPS to provide a universal real-time luggage tracking and security system for airlines.

BetterWorld to Launch WeFunder Campaign in September, Revolutionizing The Way Sustainable Businesses Scale Their Impact

Retrieved on: 
Thursday, September 7, 2023

NEW YORK, Sept. 7, 2023 /PRNewswire/ -- BetterWorld, a revolutionary AI-backed platform dedicated to transforming businesses' impact on people and the planet, is excited to announce its upcoming WeFunder campaign .

Key Points: 
  • NEW YORK, Sept. 7, 2023 /PRNewswire/ -- BetterWorld, a revolutionary AI-backed platform dedicated to transforming businesses' impact on people and the planet, is excited to announce its upcoming WeFunder campaign .
  • BetterWorld's WeFunder campaign is set to launch in September, offering consumers and investors the opportunity to directly contribute to this shift in business power.
  • There is an increasing market demand for more sustainable companies with consumers holding companies accountable for their global impact.
  • Our goal is to sell these impact solutions as offsets to the 500,000 CPG businesses in the US.