Handbid
Handbid is a mobile fundraising platform that helps you manage silent auctions, peer-to-peer campaigns, and live events through an integrated mobile app to increase donor engagement and revenue.
Wefunder
Wefunder is a leading equity crowdfunding platform that allows everyday investors to buy shares in early-stage startups and small businesses for as little as one hundred dollars.
Quick Comparison
| Feature | Handbid | Wefunder |
|---|---|---|
| Website | handbid.com | wefunder.com |
| Pricing Model | Subscription | Freemium |
| Starting Price | Custom Pricing | Free |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✓ Has free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2011 | 2012 |
| Headquarters | Centennial, USA | San Francisco, USA |
Overview
Handbid
Handbid is a mobile-first fundraising platform designed to help you run more efficient and engaging charity events. Instead of dealing with paper bid sheets or clunky web forms, you provide your donors with a native mobile app where they can bid on auction items, buy tickets, and make donations instantly from their own devices. This real-time interaction keeps your audience engaged through push notifications that alert them when they have been outbid.
You can manage every aspect of your fundraiser from a single dashboard, including guest check-in, item management, and automated checkout. The platform is built to handle everything from small local school auctions to large-scale gala events and multi-day peer-to-peer campaigns. By removing the friction from the bidding process, you can focus on building relationships with your supporters while the software handles the technical logistics of your event.
Wefunder
Wefunder is a regulation crowdfunding platform that helps you raise capital from your community and customers rather than just traditional venture capitalists. You can launch a fundraising campaign to reach thousands of potential investors who can back your vision with small or large amounts of capital. The platform handles the complex legal and compliance hurdles of SEC regulations, allowing you to focus on growing your business while building a loyal base of brand advocates.
You can manage your entire investor relations lifecycle through a centralized dashboard, from initial pitch to closing the round and providing updates. It serves a wide range of users, from local brick-and-mortar shops to high-growth technology startups. By using Wefunder, you turn your customers into owners, creating a powerful marketing engine that aligns your success with the people who support your brand most.
Overview
Handbid Features
- Mobile Bidding App Give your donors a native iOS and Android app to browse items and place bids from anywhere in the room.
- Instant Push Notifications Alert your guests the second they are outbid so they can jump back into the action and drive higher totals.
- Livestream Integration Broadcast your live program directly to remote donors so they can participate in your auction from their own homes.
- Automated Checkout Eliminate long lines at the end of the night by allowing guests to pay their invoices directly through the app.
- Peer-to-Peer Campaigns Empower your supporters to create their own fundraising pages and raise money on your behalf through social sharing.
- Real-Time Analytics Monitor your fundraising progress with live dashboards that show you exactly which items are performing best during your event.
Wefunder Features
- Campaign Page Builder. Create a compelling pitch page with videos, images, and financial disclosures to attract and convert potential investors.
- Legal & Compliance Support. Navigate SEC and FINRA regulations easily with automated filings and expert guidance throughout your entire fundraising process.
- Investor Dashboard. Track your funding progress in real-time and manage communication with thousands of investors from a single interface.
- SPV Integration. Keep your cap table clean by grouping thousands of small investors into a single line item on your registry.
- Automated Contracts. Generate and execute legal investment contracts automatically, saving you thousands in legal fees and administrative hours.
- Promotional Tools. Use built-in social sharing and email tools to spread the word about your raise to your existing community.
Pricing Comparison
Handbid Pricing
Wefunder Pricing
- Create your pitch page
- Access to founder community
- Educational fundraising resources
- Initial compliance review
- No upfront platform fees
- Everything in Setup, plus:
- 7.5% of total funds raised
- Full legal filing support
- Investor payment processing
- Custody and SPV services
- Post-campaign investor relations
Pros & Cons
Handbid
Pros
- Native mobile app provides a superior user experience over web-based tools
- Push notifications effectively drive up bidding wars and final revenue
- Streamlined check-in and checkout process reduces event night stress
- Robust reporting makes post-event reconciliation fast and accurate
Cons
- Initial setup of auction items can be time-consuming for large inventories
- Older donors may require extra assistance downloading and using the app
- Pricing structure can be high for very small organizations
Wefunder
Pros
- Access to a massive network of active retail investors
- Streamlined legal process for complex SEC filings
- Excellent support team guides you through the raise
- Clean cap table management via SPV structures
Cons
- Significant time commitment required for marketing
- Platform fees are higher than traditional debt
- Public disclosure of financial records is required