San Francisco-based WeFunder has raised $5.1 million in a funding round, according to a Form D filing.
The startup helps individuals invest in startups through its crowdfunding platform, and has raised $15 million in equity funding to date, per filings.
According to WeFunder, AngelList is designed for “professionals” and is the “operating system for startups with a number of useful services.” WeFunder differentiates by allowing the regular ol’ Joe invest, not just accredited investors.
It also claims it invests in a more diverse group of startups as well as the underrepresented founders that create them.
According to its site, WeFunder has facilitated out $110 million in investments in startups through its platform.