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Nicholas Tommarello
Founder & CEO at Wefunder
Nicholas Tommarello is the Founder and CEO of Wefunder, a pioneering crowdfunding platform that allows individuals to invest in startups. He co-founded Wefunder in 2012, leveraging provisions from the 2012 JOBS Act to enable unaccredited investors to purchase equity in early-stage companies, thereby democratizing access to investment opportunities that were traditionally available only to wealthy individuals.23
Professional Background
- Wefunder: Tommarello has been leading Wefunder since its inception, focusing on connecting startups with investors and fostering an environment where anyone can invest as little as $100 in companies they believe in. Under his leadership, Wefunder has raised over $650 million for more than 3,000 founders.46
- Previous Ventures: Before Wefunder, he founded Startup Workaway and served as a specialist at Failing Fast, where he developed various web and iPhone applications aimed at helping people connect socially. He also founded Urban Interactive, Inc., which created augmented reality experiences for tourism.13
Education
Tommarello holds an MBA in Entrepreneurship from Babson College and participated in the prestigious startup accelerator Y Combinator in 2013.1
Vision and Impact
Nicholas Tommarello is driven by a mission to "fix capitalism" by making startup investment accessible to all, which he believes can help reduce wealth inequality. His work at Wefunder reflects a commitment to empowering everyday investors and supporting innovative startups.35