Weeve

Weeve
Type of site
 Crowdfunding
Available in English
Headquarters Vancouver, British Columbia, Canada
Website http://www.weeve.it
Launched 2012

Weeve was a free crowdfunding website for nonprofit projects founded by Alex Chung, Vincent Chu, and Trevor Loke[1][2] and based in Vancouver, British Columbia, Canada.[3] The site once raised money for organizations including the BC Children's Hospital Foundation and YWCA.[4]

On August 15, 2012 it was announced that Weeve would join GrowLab as a member of its farm team.[5] Weeve was presented at the 2012 GrowConference Demo Day in Vancouver, British Columbia.

On February 14, 2013, Weeve was acquired by a Canadian public company, LX Ventures, for undisclosed amount.

The Weeve website is now inactive.

Model

Weeve operated based on a freemium model, opting not to take any transaction fees from donors or nonprofit organizations.[6] Weeve attempted to generate revenue through partnerships with companies who want to target socially conscious donors on the site, and sponsor nonprofit projects.

See also

References

  1. ↑ "Vancouver Startup Weeve set to Disrupt Nonprofit Fundraising". weeve.it. Retrieved July 28, 2012.
  2. ↑ "Vancouver's Weeve was to bring a free crowdfunding alternative to Kickstarter and Indiegogo". Vancouver Observer. Retrieved August 7, 2012.
  3. ↑ "Vancouver's Weeve is the World's First Crowdfunding Platform that doesn't take a cut". Techvibes. Retrieved July 5, 2012.
  4. ↑ "Home — Weeve". weeve.it. Retrieved June 27, 2012.
  5. ↑ "GrowLab Announces FarmTeam". GrowLab. Retrieved August 15, 2012.
  6. ↑ "Terms of Use — Weeve". weeve.it. Retrieved June 27, 2012.


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