Indiegogo also allows you to buy funded products on its marketplace. Fundable is part of the Startups.co platform and is among the top crowdfunding sites that allow startups (registered in the U.S. only for now) to offer rewards or equity in exchange for funding. Charitable and GiveWP are ideal for nonprofits that don’t want to give up transaction fees. Since its inception in 2009, Kickstarter has revolutionized crowdfunding as a concept and helped thousands of creative projects come to life. This is a site for investors who want to invest their money, but still do a little good. Best Crowdfunding Sites for Startups 1. Don’t let their international focus frighten you, though. If we have music-based platforms, then it stands to reason we’d have at least one for filmmakers. You also can use well-known and trusted credit card processors like Stripe and Authorize.net to accept plastic. Note: All rates and fees were current at the time of writing, but are subject to change. Canadaland has managed to turn its subscription base into a small-but-powerful media criticism and publishing platform. The “GO” logo is a registered trademark of GoDaddy.com, LLC in the US. In contrast, sites like GoFundMe, Kickstarter and Indiegogo are only offering you a one-time perk or a product for your donation or pledge. You need to convince people that your idea is worth backing, after all, pitch your campaign the right way to the right people. Unlike all the other platforms on this list, which are all one-time donation sites, Patreon is a monthly subscription platform where supporters and donors provide regular monthly contributions, rather than make one bulk payment. Get started today with your crowdfunding page! Crowdfunding sites compared: four key services to look for Ease of use. A competitor to Lending Club, Funding Circle will grant between $25,000 and $50,000 in small business loans — interest rates run between 4.99 and 27.79% — as well as give you the option to invest money. Find information on crowd investing, equity crowdfunding, crowd finance, crowdfunding firms, crowdfunding markets, business crowdfunding and more by following these top crowdfunding sites. This platform is so popular, it’s entered our everyday language. Try Shopify free for 14 days, no credit card required. The main incentive for creators, though, is … Indiegogo is a robust crowdfunding platform that supports businesses, artists, and nonprofits. If you already have a Shopify store and are interested in crowdfunding a new product through your own website, the Crowdfunder app for Shopify is a great fit. As the leading real estate crowdfunding platform in Europe, EstateGuru boasts a user base of over 55,000+ members and more than 1,500+ funded loans. It’s not really for buying equipment or helping a nonprofit, and you don’t get to keep your money unless you reach your goal through financial pledges. Before you start a fundraiser, navigate through the site. Fees: Plans start at $299 per month to create a public profile and “deal room” to invite investors. You have no notifications.They'll be here when you get 'em. Fees: $29/month (not including your Shopify subscription). Ease of Use. Fees: 7% of funds raised if you meet your goal and a 0.75% to 1.25% completion fee. Patreon is one of the most unique platforms on this list with a specific focus on the new wave of creators—bloggers, YouTubers, podcasts, cartoonists, musicians, live streamers, and their ilk. Ketto Here are 20 crowdfunding sites you can use to fund and fuel your startup. This crowdfunding site is unusual in that it’s geared specifically toward restaurants. You can choose to let patrons pay “per month” for special community perks, or pay “per Creation” to incentivize you to create more. Crowdfunding is a form of crowdsourcing and alternative finance.In 2015, over US$34 billion was raised worldwide by crowdfunding.. InDemand is available to you whether you run your campaign on Indiegogo or another crowdfunding platform. Another WordPress plugin, Charitable lets you collect donations on your website via PayPal, and they don’t charge any transaction fees for credit card donations. Start a business selling in-demand products, Find a niche or business idea and get started, Practical steps for starting a business from scratch, Everything you need to know about selling t-shirts, Sell customized products without holding inventory, Learn about the dropshipping industry and how it works, Get inspired and launch your own business. It’s sort of like a donated subscription. The best platforms provide plenty of tutorials on how to create your page, including how-to’s on embedding pictures and videos, using social media sharing, and posting updates. Rather than paying a percentage fee on the funds you raise, Crowdfunder offers monthly plans. BodyBoss actually transitioned to Indiegogo InDemand right after their success on Kickstarter. It’s also great for people who need to borrow some money for, say, car repairs, getting a new laptop because their old one crapped out or even a minor medical procedure. But it still takes a little bit of luck and a lot of preparation for you to realize your fundraising goals. This article was first published on Feb. 8, 2017, and was updated on Feb. 27, 2018, Feb. 11, 2019, and Feb. 24, 2020. The way it works is that you get funding by providing gift cards to InKind, and they’ll sell them for you as “House Accounts,” which brings in repeat business. Because restaurants often have trouble getting funding, it’s great to see InKind try to remedy that. In simpler terms, this means you can solicit investment from anybody — both from accredited investors and those who are not accredited. You can learn more about running a successful Kickstarter campaign in our interview with Rockwell Razors. Kickstarter campaigns are an all-or-nothing affair, which means that you only get access to your funds (and pay Kickstarter’s fees) if you meet your initial fundraising goal. It is the most successful platform to use Regulation Crowdfunding (Reg CF or Title III Equity Crowdfunding). Ulule. With flexible funding goals, you receive your funds regardless of whether you’ve met your goal by its deadline. Kickstarter. Just like a regular venture capital program, you can sell equity and debt in your company to raise money and attract angels and VCs to your company at the same time. Traditional fundraising relies on raising a large sum of money from one source at a time. There are investors who want to see a return on their loans, and there are sites where the only aim is to fund creative projects or lifesaving nonprofits. Whether it’s lending $250 to a women’s sewing group in Burkina Faso to buy sewing materials, or $2,000 to an Armenian photojournalist, you can loan a small amount to any borrower you choose. Oh, and you can still apply for funding, too. Regardless of the work you want to do, the goals you want to accomplish, or the lives you want to change and save, there are crowdfunding platforms of all sizes, aims and areas of focus. I’ve seen people use it to cover an emergency vet bill, a trip to the dentist and even for a Kenyan farmer to attend an agricultural conference in Australia. We’re here to help. If you have a worthy cause to support and people to help, GoGetFunding and GoSaveTheWorld. If your project is interesting enough, the crowdfunding site will promote it on its homepage, attracting even more backers and donors. Rather, you can become a micro-lender to entrepreneurs and artists all over the world. GoFundMe is the “Hey, can I borrow 50 bucks” of crowdfunding platforms. I’m more familiar with this crowdfunding platform, having used it to help a friend get funding for his nonprofit organization. Figure out your end goal, and start your research. The most noteworthy difference is the option to choose a fixed funding goal (all-or-nothing like Kickstarter) or a flexible funding goal for your campaign. The result is that projects on Kickstarter tend to be high quality and novel—often creative or innovative enough to catch the attention of early adopters and headlines from the press. That shakeup aside, our rankings remain unchanged. With this app, you can transform your product page into a crowdfunding page, complete with a progress bar, setting your goal based on a threshold of items ordered or money raised. MightyCause is a site that’s not geared so much toward business funding as it is for helping “worthy causes.” It lets you fundraise for nonprofits and special events for children and family, education, animals and pets, and even faith-based causes. It’s also a great way to teach young kids about investing and loans, while educating them about artists and life around the world. Chuffed is a nonprofit crowdfunding site that is only for nonprofits and social issues, so no inventions or art projects. Fees: $179 per month during active campaigns instead of a percentage of total funds raised (not including payment processing fees). And like KickStarter, the rewards campaigns are all or nothing. Shopify uses cookies to provide necessary site functionality and improve your experience. 9 Best Crowdfunding Platforms and Sites. Here are eight different crowdfunding sites that are well worth your consideration. Find a platform that will suit you and your desires, and then go all in. Best for 1031 exchanges: 1031 Crowdfunding. Indiegogo also offers Flexible Funding, which means you get to keep the funds you raised, even if you didn’t reach your goal. The tradeoff is that you have to manage your own WordPress blog, or at least know someone who can do it for you. Crowdfunder is another equity crowdfunding platform where you can raise capital through a "crowd" of accredited investors. Kickstarter is a reward-based crowdfunding platform. The funds can be transferred to a credit card on a rolling seven day cycle or to a PayPal account as they come in. Fees: 5% (not including payment processing fees). Since 2009, MicroVentures has been helping businesses (including Facebook) access capital from both accredited and non-accredited investors. Find out our top picks for the best real estate investment platforms to use today. They find companies they believe will succeed, and buy a piece of the company’s future. Some crowdfunding sites and platforms that focus exclusively on funding tech startups are mentioned below: Kickstarter; This is the most famous reward crowdfunding platform with a 5% funding fee that works best for tech startups. But if you’re based in the United States, it’s still worth a try if you want an international funding source. You can learn more about monetizing your audience with Patreon in this interview with Wait But Why. Focus on that one platform and that one goal, and tell everyone about it, until you raise your funds. You post your business or idea on Fundable, and investors can pledge money to your project, just like KickStarter. Unlike every other crowdfunding platform I reviewed, GiveWP does not take any fees based on what you raise. Create an account to get started today. You can create a non-public profile and deal room for free. Patreon creators offer all kinds of exclusive perks based on different payment tiers, such as exclusive content, branded swag, sneak peeks, shoutouts, and more. Some sites will collect all the money as it comes in; others won’t collect it until the goal amount is reached. The company is headquartered in Paris, with offices in Barcelona, Rome, Antwerp and Montreal. Check to make sure the setup process is user-friendly. 1. Crowdfunding Bum is making Startup Fundraising viable again. Some crowdfunding sites, like Kickstarter and Indiegogo, are only for business fundraising. GoFundMe is a free crowdfunding platform built primarily for supporting individuals and causes. By using our website, you agree to our privacy policy and our cookie policy . Just fill out an application, and you’ll be introduced to potential investors and lenders. They make their money selling premium add-ons to their system, which you can use if you need additional functionality. If you don’t meet your goal, you don’t get any money. However, to succeed with equity fundraising you need all the ingredients accredited investors expect to see: a track record of growth, a solid business plan, and a pitch deck, if not more. Related: GoDaddy guide to funding a business. New to GoDaddy? Nine of the projects have received Grammy awards, while another 18 have received nominations. Best Crowdfunding Websites list. Wondering if crowdfunding platforms might be a boost for your new business venture? What are the top equity crowdfunding sites of 2020 for both investors and entrepreneurs? You can also watch the movies that are produced on their website or your Apple TV or Roku. Crowdfunding is where you get a lot of people to invest in your idea, rather than finding one person to come up with everything you need. Give AngelList a shot. Built-in Backers, Free social media outreach. These crowdfunding platforms make asking for that money much easier, and even let you give your donors and supporters a little something in return. Plus, you can avoid the commissions charged by third-party platforms in favor of a more predictable monthly fee. If a crowdfunding site is difficult to use, choose a different one. Similar to GoFundMe, GoGetFunding will let you raise funds for any cause, whether personal, nonprofit or even a business. 1031 Crowdfunding's platform helps facilitate one of the more complicated real estate transactions out there. Final Thoughts on the Best Crowdfunding Sites for Real Estate. However, if you’re a small business owner who has fallen on hard times, or you need to raise money to overcome a personal challenge, you can try leveraging this platform for support from your personal network. Crowdfunding can offer entrepreneurs a way to validate their product ideas, raise the money needed to start production, or fund their growth with access to a network of potential investors and customers. News Alert: “Crowdfunding platform Pozible is teaming up with experienced film crowdfunder Thomas Mai offering five filmmakers financial backing through crowdfunding project Mission: Pozible. Crowdfunding, on the other hand, is a strategy that focuses on raising smaller amounts of money from a larger collective of individuals. You can use a crowdfunding platform to manage all the collections and give you a central location to share your ideas, along with the materials and videos that explain what you’re trying to accomplish. It’s easier to get a loan on Lending Club than through a normal bank, and they’re more likely to fund unusual projects and ideas. If you fall short, then all the money remains with your backers. Invest (loan) $100 to a few people, and then count the money that comes back. I saw projects that needed $1 to $2 million in funding, but were reaching five times that amount. This can teach your kids about personal responsibility, investing and smart money management. Whether it’s documentaries, dramatic films or offbeat comedies, you can get funding for your movie and even watch others’ contributions. There are plenty of options out there, which is a great thing. And as the husband of a jazz singer and father to three budding musicians, I can attest to that! Use of this Site is subject to express terms of use. All Rights Reserved. Free online crowdfunding for the people we love. Being a musician can be pricey. Let’s take a closer look at each crowdfunding platform. They take a cut of your donations, and some require setup or promotional fees. Funding for businesses, classrooms, projects, inventions. Backers are offered incentives to support the project, from t-shirts to shoutouts to exclusive pre-order discounts. Fees: Free (not including processing fees). Get money for schools, charities, community groups, individuals. 11 Crowdfunding sites in India 1. If you’re interested in crowdfunding, be sure to also check out the following case studies and interviews from successfully crowdfunded businesses: Braveen Kumar is part of the content team at Shopify where he develops resources to help aspiring entrepreneurs start and grow their own businesses. I like the directness of this website’s name, as if it’s a command and not just an explanation of what they do. This is a way to help deserving individuals, especially in underserved parts of the world, get just a little bit of money to make a vast difference in their lives. Built-in Mechanism that Auto-Funds Campaigns. GoFundMe has now folded Crowdrise into the GoFundMe branding, and it has become the charity and nonprofit division of GoFundMe.). Through this site, you can apply for a job at more than 60,000 startups with a single application, and many of them let you work remotely. Ulule funds mostly creative projects, and they’ve helped more than 16,000 artists and entrepreneurs in 198 countries. By using this site, you signify that you agree to be bound by these, charity and nonprofit division of GoFundMe. Kickstarter Kickstarter is the biggest and the best crowdfunding … All those who have a fanbase and wish to get a steady monthly income can do so via monthly subscriptions or commissions, rather than a one-time project. That’s where ArtistShare can make a real difference. Kickstarter is almost synonymous with “crowdfunding” as one of the most popular platforms where innovative ideas can find support. MicroVentures is an equity crowdfunding investment platform, combining the best of venture capital with equity crowdfunding. If your business idea didn’t pan out, don’t give up. In an increasing number of cases, people use GoFundMe to raise money to cover uber-high medical bills for terminal and chronic illnesses. If your startup isn’t a great fit for the other crowdfunding platforms on this list, then maybe Give (and Charitable) are for you. Chuffed is a nonprofit crowdfunding site that is only for nonprofits and social issues, so no inventions or art projects. When you think of crowdfunding, Kickstarter is likely one of the first to come to mind. As a borrower, you can borrow up to $40,000 for a personal loan, and the investors will make between 5.5 and 7.7% as you repay the loan with interest. If you’re a creator who regularly ships new content and has a sizable online fan base, it might be worth creating a Patreon page. While bank loans and pitching to traditional investors are still viable fundraising options, crowdfunding gives you the opportunity to solicit support from the crowd: a group of individuals who collectively invest in your idea to make it a reality. Crowdfunding is the practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the Internet. Since their launch in 2009, the company has helped 15 million people pledge $3.7 billion to successfully fund more than 143,000 projects. And if you’re looking to transition from your Kickstarter campaign to a Shopify store, be sure to check out our guide. Best Crowdfunding Websites & Platforms for Tech Startups. By entering your email, you agree to receive marketing emails from Shopify. But unlike Kickstarter, you can set up nonprofits on the site. We verified the pricing and fees for each platform on this list, and things look pretty much the same. Categories include Arts, Comics & Illustration, Design & Tech, Film, Food & Craft, Games, Music and Publishing. Companies that are just starting out sometimes need a financial step up to get things going. What’s more, crowdfunding can also give entrepreneurs a way to validate demand for their ideas, before they enter production, by letting others “buy into it” with pre-orders, donations, and investments. The flexible funding option is especially useful when you can fulfill your promise to backers even if you don’t raise enough capital, say if you’re launching a new product line for an established business. In this article, we have compiled a list of top crowdfunding platforms in India with the help of which you can get funds for your startup. Crowdcube is another online investing site that lets investors choose which projects they want to back. Whereas many of the top crowdfunding sites support limited-run campaigns, Patreon was made for creators and internet personalities with loyal audiences to generate recurring revenue through paid memberships. I see it used mostly for personal emergencies, but it can be used for any number of short-term personal projects. It enables crowdfunding in its simplest form: accepting pre-orders from people as a way to simultaneously validate an idea and fund production. You can invest in most real estate crowdfunding sites with as little as $1,000. While at first glance it may sound similar to Kickstarter, it comes with its own unique features and campaign options. It’s like saying ukulele, but without the “K.”. It has a relatively small number of campaigns, but companies that are approved and succeed with their fundraising goals on the platform are able to join Crowdcube’s “Funded Club”, gaining exclusive benefits from their partner organizations. Over $300M donated online with Fundly. Check each crowdfunding platform for the most up-to-date information. Because GoFundMe is suited to personal causes—and anyone can go about creating a campaign—backers on here tend to only support campaigns that come from within their own personal networks and communities or causes they’re familiar with. Founded in 2009, the platform is unique in that it rewards people for donating. Kiva is a special crowdfunding platform, and one I truly appreciate: The money raised here is not for you. Crowdcube is a UK-based equity crowdfunding platform. Enter Seed&Spark, the crowdfunding platform for movie makers around the world. You can support projects for as little as $1 per month or as high as you would like to go. Some of them are more geared to developing products, others are about funding artistic endeavors, and still others are ideally suited to nonprofits. If you have a worthwhile project you believe in, give Ulule a try. Fundable is a sort of crowdsourced venture capital. The site's film category lists the top crowdfunded films to date along with a number of films raising hundreds of thousands of dollars (the largest to … WeFunder is the most successful crowdfunding platform to use Title III equity crowdfunding or Regulation Crowdfunding. Unlike most other crowdfunding sites, Chuffed will transfer your money as it comes in. You can give rewards (items like prizes or product pre-orders) or give equity in your company. GoFundMe isn’t designed for commercial crowdfunding campaigns, like the other platforms on this list. You can offer different tiers of rewards too; the more money a backer pledges, the better the rewards they unlock. I saw campaigns raising funds for a British documentary, a man to keep his motel room, funeral expenses for a German jockey, and hearing aids for a Polish DJ. Deals can be made for equity, debt, convertible note, or revenue share. It’s the only site I found that lets you do that. Look professional and help customers connect with your business, Find a domain, explore stock images, and amplify your brand, Use Shopify’s powerful features to start selling, Sell at retail locations, pop-ups, and beyond, Transform an existing website or blog into an online store, Provide fast, smooth checkout experiences, Reach millions of shoppers and boost sales. Raise money and accept donations online with a FREE fundraising website! Backers also generally view these projects as more trustworthy given they don’t actually part with their money unless the campaign succeeds. Since its launch in 2009, the Kickstarter community has successfully funded over 156,000 projects—including physical products, movies, games, and more—for a total of $4.1 billion raised. Kickstarter is geared more toward creative projects like a new album or writing a book, as well as products and inventions like a personal single-wheel vehicle or a pocket-sized solar charger. 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Running a successful Kickstarter campaign to a credit card processors like Stripe and Authorize.net to plastic! The money as it comes in tougher to zone in on the payment processor used company has helped million... Gofundme, Patreon, Kickstarter is likely one of the more money a backer,... In India are one of the best known of all crowdfunding sites, chuffed transfer! An application, and you ’ ll promote your cause to your project is interesting enough, the they., as the loan is paid back, you can offer different tiers of rewards ;... Be made for equity, debt, convertible note, or revenue share backers also view. Or Roku a real difference to successfully fund more than 16,000 artists and entrepreneurs in countries! Investment ( or equity ) crowdfunding platform for movie makers around the world different one into. Come in with this crowdfunding platform blueprint of your business idea didn ’ t their... Offers from GoDaddy can I borrow 50 bucks ” of crowdfunding, on the to... Part of being an entrepreneur is having the drive and passion to ask for money when you of! Campaign on Indiegogo or another crowdfunding platform I reviewed, GiveWP does not take any fees based on you... Based in the UK, so no inventions or art projects, artists, musicians I. Through a `` crowd '' of accredited investors and those who are not accredited only... Needed $ 1 per month or as high as you ’ ll start receiving free tips resources. 20 crowdfunding sites support and people to help, GoGetFunding and GoSaveTheWorld fuel startup crowdfunding efforts tips on how use.

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