Wunderfund is an SEC-registered Title III funding portal, offering investments under Reg CF, also known as Regulation Crowdfunding. They have facilitated 4 offerings as of this writing. Reg CF investments are open to all investors, including non-accredited investors, and typically feature very low minimum investments.
Wunderfund is an Ohio-based Reg CF Title III Funding Portal, registered in May 2017.
- Website: https://wunderfund.co
- Investment Types: Startups/Business Financing
- Security Types: Debt, Equity, and SAFE
- Minimum Investment: 100
- Open to all investors
Wunderfund fee structure
There is no cost to sign up and view investments. While many Title III funding portals don’t charge any fees to investors, Wunder charges a 2% transaction fee for each investment (up to $75), which is on the high side. Like most funding portals, they also charge the issuer a percentage of the amount raised, typically 6-8%. In other words, the company raising funds may actually receive only 90% of the amount they raise at the end of the campaign.
Regulatory framework and due diligence expectations
Wunderfund is an SEC registered Title III Funding Portal, which means they are subject to a range of rules and obligations around investor education and due diligence. All companies offering investments on Honeycomb will have been a minimum of background checks of key officers and owners. Prospective investors also have access to online forums to talk with other investors, and an online channel for asking questions of the company raising funds (and viewing answers of prior questions from others).