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What exactly is a reservation?

When making a reservation, you are interested in a Community Round currently in what we call the "Testing The Waters (TTW)." This means they are taking reservations to gauge if they would have a successful Community Round. 

When making a reservation, you will be asked how you intend to pay:

  • If paying by ACH, Wefunder will transfer the funds from your bank to your Wefunder Cash account (https://www.wefunder.com/cash). 
  • If paying by Wire, Wefunder will put a request to transfer funds to your Wefunder Cash account (https://www.wefunder.com/cash). The investor must use the directions in their account (also sent via email) to initiate the transfer from their bank.
  • If paying by Credit Card, Wefunder will pre-authorize their credit card to ensure it is active and can be charged. The pre-authorization will drop off the credit card holder's account within 48 hours.

Please note that you also do not have to transfer any funds when making a reservation. Funding your Wefunder Cash account is completely optional.
 

Why do you use Wefunder Cash?

We utilize your Wefunder Cash account to calculate the reservation commitments towards a company's metrics. We can only legally take payments towards a company's escrow account once they file their Form C. The company will do this with the help of Wefunder once they receive their minimum in reservations.

Can't find what you're looking for?

Email us: support@wefunder.com