Crowdfunding has been getting a lot of buzz lately as a means of raising money for new businesses. There are quite a few crowdfunding sites out there, each with its own specialty. So which one should you choose? Here’s a list of 20 of the most popular crowdfunding sites, along with some information about what they offer.
What is crowdfunding?
Crowdfunding is the process of funding a project or venture by raising money from a large number of people, typically via the internet. Crowdfunding is a form of crowdsourcing and of alternative finance. It has been used to fund a wide range of projects, including medical expenses, travel, home repairs, and small businesses. Crowdfunding platforms such as Kickstarter and Indiegogo have been used to raise millions of dollars for various causes.
What are the benefits of crowdfunding for small businesses?
The benefits of crowdfunding for small businesses include:
Access to capital: One of the main benefits of crowdfunding is that it provides small businesses with access to capital. This is particularly helpful for businesses that have a hard time obtaining loans from traditional lenders.
Increased exposure: Crowdfunding can help small businesses increase their exposure to potential customers and investors. This can help the business gain new customers and investors, which can help fuel growth.
Building a community: Another benefit of crowdfunding is that it helps businesses build a community of supporters. This can be helpful for businesses that need a boost in marketing or raising awareness about their product or service.
Top 20 crowdfunding sites for small businesses
1. Kickstarter: One of the most popular crowdfunding site, Kickstarter allows business owners to create campaigns to raise funds for their projects or products. In return for pledges, backers can receive rewards such as early access or exclusive items.
2. IndieGoGo: One of the first and most popular crowdfunding site, IndieGoGo has helped raise millions of dollars for thousands of projects. Fees are low (4% if you meet your goal, 9% if you don’t), but there is no guarantee that you will receive any funding.
3. Seedrs: If you're looking for a way to fund your start-up business idea, Seedrs is the best way to go. With Seedrs, you can raise money from interested investors and get your business off the ground. The best part is that you don't have to give up equity in your company - you can keep 100% ownership of your business.
4. Crowdfunder: Crowdfunding has become a popular way to raise money for all sorts of projects, from personal causes to business ventures. If you're looking for crowdfunding sites to get your project funded, Crowdfunder is a great option. With Crowdfunder, you can easily create a campaign and reach out to potential donors. Plus, the website provides plenty of resources to help you succeed in your fundraising efforts.
5. AngelList: If you're looking for a way to raise money for your startup, you may have heard of AngelList. AngelList is a great way to get people to invest in your company and is one of the best crowdfunding platforms out there for it.
6. Gust SEED Capital: Gust SEED Capital's website provides entrepreneurs with everything they need to know about crowdfunding. The site features a variety of resources, including a blog, that can help entrepreneurs navigate the crowdfunding process. Gust SEED Capital is committed to helping entrepreneurs succeed and has a long track record of success in the industry.
7. SeedInvest: SeedInvest is one of the leading crowdfunding platforms and has helped startups raise over $1 billion. SeedInvest has a wide variety of investable companies. The platform is designed to be user-friendly and makes it easy to track your investment. SeedInvest takes care of all the paperwork and compliance for you so that you can focus on running your business.
8. Fundable: Fundable is the perfect website for entrepreneurs looking to raise money for their latest venture. The site allows users to post project descriptions and receive funding from interested investors. There are no fees associated with using Fundable, making it a great option for anyone looking to crowdfund their next big project.
9. EquityNet: One popular crowdfunding platform that is helping people achieve their fundraising goals is EquityNet. This site allows users to post pitches for their projects and solicit investments from a community of potential investors. Not only does this give people access to a larger pool of funding, but it also allows them the opportunity to connect with like-minded individuals who may be interested in supporting their venture.
10. MightyCause: Mightycause is the best crowdfunding website for nonprofits because it offers a number of features that are designed specifically to help nonprofit organizations raise money. For example, Mightycause allows nonprofits to keep all of the money they raise, regardless of whether or not they reach their fundraising goal. Additionally, Mightycause charges lower fees than most other crowdfunding platforms, which means that more of the donations made by supporters will go directly to the nonprofit organization.
11. Republic: When it comes to fundraising campaigns, Republic is the best crowdfunding website that can offer you a lot. For one thing, they can give you ideas and tips on how to run your campaign smoothly. They can also provide you with the necessary resources that you need in order to make your campaign successful. In addition, they can also help you get more exposure for your campaign by providing you with links and banners that you can use on your website or blog.
12. Quirky: Quirky is a social product development platform that helps you crowdsource ideas, design products, and bring them to market. You can use Quirky to launch your own crowdfunding campaign and bring your product idea to life.
13. CROWDFUNDx: Crowdfundx helps new business ventures take off by offering them a platform to raise money and awareness. By allowing businesses to post their projects on the crowdfunding site, backers can browse and choose which ones they would like to support. This not only provides much-needed funding for startups but also allows them to build a community of supporters who believe in their vision. So far, Crowdfundx has helped launch over 200 new businesses, with more being added every day.
14. Crowd Supply: Crowd Supply website not only provides the best crowdfunding platform for small businesses to fundraise but also offers valuable marketing and exposure opportunities. By using this site, businesses can connect with a large audience of supporters who are interested in backing new products and ideas. What's more, the team at Crowd Supply is incredibly supportive, offering guidance and advice throughout the fundraising process.
15. Appbackr: If you've ever dreamed of developing your own mobile app, but didn't know how to get started, Appbackr is a great solution. With Appbackr, you can crowdfund your app development, by pre-selling apps to backers who are interested in supporting your project. In return for their support, backers will receive a percentage of the revenue generated by the sales of your app.
16. ProFounder: ProFounder is one of the best crowdfunding platforms. ProFounder allows businesses to offer equity in exchange for funding, which makes it a great option for companies that are looking to grow quickly. In addition, ProFounder provides a lot of support and resources for startups, which can be invaluable when starting out.
17. Circle Up: Crowdfunding has given rise to a new wave of startups, and Circle Up is leading the charge. Founded in 2012, CircleUp is a crowdfunding site that helps companies raise money from accredited investors. What sets CircleUp apart from other crowdfunding platforms is its focus on data and technology. By using data to identify promising companies, CircleUp is able to provide investors with access to high-quality deals.
18. GoFundMe: GoFundMe is the world’s largest crowdfunding platform, with over $5 billion raised since its launch in 2010. Millions of people use GoFundMe to raise money for their personal causes, from medical expenses and education costs to animals and disaster relief.
19. StartEngine: StartEngine is the leading crowdfunding platform for startup companies and small businesses. Launched in 2012, StartEngine has raised over $1 billion for its clients. The company's mission is to empower entrepreneurs to raise capital and grow their businesses. StartEngine provides a simple and efficient way for entrepreneurs to connect with investors online. The platform is designed to help startups succeed by giving them exposure to a wide network of potential investors.
20. Patreon: Patreon is a great way to fund your creative passion project. You can set up a page for your project and then offer incentives to people who pledge to support you. For example, you could offer exclusive access to behind-the-scenes content or early access to new work. Patreon allows you to keep control of your project while also getting the funding you need to keep going.
According to recent reports, the crowdfunding industry is expected to see tremendous growth in the next few years. By 2028, the total value of crowdfunding commitments is expected to reach $42.93 billion. This significant increase can be attributed to a number of factors, including the continued rise of social media and online platforms that make it easier than ever for people to connect with one another and discover causes that they are passionate about supporting.