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- Founder Market Pulse: $24.5M Reg CF, $17.3M Reg A+ (Oct 21–Nov 20)
Founder Market Pulse: $24.5M Reg CF, $17.3M Reg A+ (Oct 21–Nov 20)
DealMaker led by dollars, Wefunder by deal count; entertainment tops CF while energy & industrial drive A+.
Sam Fiske
November 20, 2025 • Estimated Reading Time: 6 minutes
Founder Report (Oct 21–Nov 20)
The investing crowd put $24.5M to work via Reg CF and $17.3M via Reg A+. DealMaker led by dollars (in both CF and A+), Wefunder led by deal count, and Media & Entertainment again topped the CF sectors—with Energy and Industrial driving A+. See the platform-by-platform stats, sector heat, and what it means for your next round.
Monthly Snapshot: By the Numbers
Reg CF capital committed: $24.52M across 520 companies from 11,776 investors (avg check $2,082 where investor data is available).
Reg A+ capital committed: $17.28M across 22 companies from 5,852 investors (avg check $2,952 where investor data is available).
Top CF platforms by $ raised: DealMaker Securities $7.64M (52 cos.; avg check $2,811), Wefunder $7.08M (209; $1,620), StartEngine $5.87M (65; $1,857), then Republic $0.98M (13) and Honeycomb $1.01M (37).
Top A+ platforms by $ raised: DealMaker Securities $13.71M (10 cos.), StartEngine $2.46M (5); smaller totals across Texture, Rialto, and others.
Leading CF sectors by $: Media & Entertainment $7.18M (77 cos.), Food & Beverage $2.73M (81), Transportation $2.57M (24), Healthcare & Pharma $2.08M (65), Energy $1.56M (32).
Leading A+ sectors by $: Energy $7.59M, Industrial Services $4.00M, Financial Services $1.68M (smaller but notable: Alcohol & Tobacco $1.64M).
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UPCOMING EVENTS
FOUNDER WORKSHOP: FROM IDEA TO PAYING CUSTOMERS
Zero to First Customers: Founder Frameworks That Actually Work
On December 4th at 3pm ET, join serial entrepreneur and founder coach James Sinclair for a live, tactical workshop on validating your idea, designing an MVP, and getting your first paying customers—based on the frameworks from his new book Starting a Startup: Build Something People Want. Live attendees will have the chance to win 1 of 10 copies of the book plus a 1:1 coaching session with James, so this is one session you’ll want to show up to in real time.
 | Citizens Coffee Investor Q&A Join Kingscrowd Capital and Citizens Coffee CEO Justin Giuffrida for a candid look at channel strategy, unit economics, and the 2026 growth plan—plus live audience Q&A. Save your seat to attend live or get the replay. |
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INSIDE STARTUP INVESTING
This Week on Inside Startup Investing
A textbook category build: source for quality, mill for flavor/nutrition, win the pros, then scale capacity. Cairnspring Mills shows how craft + operations discipline can outgrow a legacy market—and why regional at scale can be a durable moat.
NEWS & NOTES
SEC 2025 Exams: What Funding Portals Need to Fix Now
CrowdCheck’s Andrew Stephenson breaks down the SEC’s 2025 examination priorities for funding portals—from escrow arrangements and recordkeeping to new Reg S-P incident response and data security requirements—so founders and platforms can benchmark how compliant their portal partners really are. Read the post here.
