Wefunder, one of the largest funding portals in operation in the US and a new investment platform operating in Europe has tweeted out a graphic showing which days generate the most investment. According to the Tweet, Friday is the best day in regards to the funds raise.
Wefunder shares that weekends are slow, which makes a lot of sense, but Thursday and Fridays are the best days of the week. Wefunder posits that this may be because they send out a weekly email highlighting certain issuers raising capital on their platform.
Wefunder investment volume by day of the week.
Weekends are slow.
Thursday and Friday probably higher because we have historically sent our weekly newsletter — featuring startups currently raising — on Thursdays. pic.twitter.com/oCMO0bOguU
— Jonny Price (@JonnyCPrice) June 4, 2023
Wefunder last provided a platform update in December 2022, reporting that it has raised $563.5 million from 497,000 investors in aggregate. Wefunder has yet to provide a status report on European operations which launched earlier this year with 12 securities offerings.