Are you searching for the best crowdfunding platforms to fund non-profits or innovative projects? Then you have come to the right place. Let’s see what the best crowdfunding platforms are and why you should use them.
Fundraising through crowdfunding platforms grew 33% last year, by recent statistics. This data illustrates how online crowdfunding platforms are becoming more popular. So fundraising on fundraising platforms is an effective way to reach niche contributors and investors.
Why Should Fundraisers Use Crowdfunding Platforms?
Whether you need funds for a personal project or to get help for the needy and unprivileged, an online crowdfunding platform is the best option to go for. At the moment, crowdfunding platforms are so plentiful to help you out. Let’s discuss the key reasons why you should use fundraising platforms to raise money for your projects or causes.
- As an individual fundraiser, crowdfunding platforms can help you to quickly create a campaign, spread the word, and collect funding for your campaigns.
- You will need legal papers, authorized bank accounts, and much more to run campaigns and withdraw money. Crowdfunding platforms give fundraisers the chance to promote their campaigns, withdraw funds from campaigns easily and instantly.
- In online fundraising campaigns, you can run the campaign anytime, from anywhere. Furthermore, crowdfunding platforms let you collect funds from people in different parts of the world.
4 Key Features To Look For When Choosing A Crowdfunding Platform
Running campaigns on the best crowdfunding platforms will help independent fundraisers reach contributors and boost fundraising growth at the same time. Let’s take a look at the key services that must be offered on the best crowdfunding platforms.
User-Friendly Interface To Manage Fundraising
At present, collecting funds through online fundraising platforms is the most convenient way. For that reason, fundraisers are getting more interested to run campaigns under platforms. The best crowdfunding platforms inspire contributors to spend time on their pages, learn more, and get involved.
Customer Support From Crowdfunding Platforms
When you are running fundraising campaigns under any fundraising platform, it is important to get instant customer support if you are stuck. If you do not choose support-friendly crowdfunding platforms, it could hinder your fundraising progress.
Exclusive Tools To Manage Crowdfunding
Fundraisers use crowdfunding platforms to run their campaigns smoothly under crowdfunding organizations. The basic requirements for fundraisers include the ability to withdraw money, direct communication with customers, managing and analyzing campaigns from one place, etc. Check if your fundraising platform offers these services or not.
Easier Ways To Promote On Social Media
An interesting data has been published in Fundera and that is when crowdfunding campaigns shared fewer than 2 times have a 97% chance of failure. You can realize how important it is to share your ongoing campaigns and social media platforms are the best medium to share your campaigns to reach potential contributors. Before enlisting yourself as a fundraiser in a fundraising platform, make sure your platform has social sharing options.
5 Best Crowdfunding Platforms For Fundraisers
Are you interested in raising funds via crowdfunding platforms? We have listed the best crowdfunding platforms and some of them with lifetime offers to make your decision easier for you.
⭐ Crowdfundly: Create Your Own Crowdfunding Platform
Whether you are planning to run non-profit campaigns or reward-based campaigns, Crowdfundly is the best option to go for. Instead of the crowdfunding campaign, you can create your own crowdfunding platform with this solution. You can create a crowdfunding organization site, create campaigns, and promote them easily.
👉 Amazing Features From Crowdfundly To Raise Funds
Let’s take a look at the cool features of Crowdfundly to get a clear view of why Crowdfundly is on the list as one of the best fundraising platforms.
🚀 Easy To Get Started By Creating New Campaigns
With Crowdfundly, you can create your first campaign for free and without any hassle. It is very easy to get started. All you have to do is sign up in Crowdfundly and its quick setup wizard will help you in creating your first campaign.
Crowdfundly allows you to run reward-based and donation-based campaigns simultaneously from the same Crowdfundly account. You can make reward-based campaigns more hyped by offering rewards to the contributors. During a donation-based campaign, you can share updates to motivate donors to give more.
📈 Evaluate Campaigns With Insightful Analytics
You can not only run multiple campaigns at a time with the Crowdfundly fundraising platform but also you can see your every campaign’s insightful analytics at a glance from the dashboard. These data will help you collect more funds successfully.
👥 Manage Team & Assign Roles Effortlessly
Creating and running crowdfunding campaigns isn’t an easy job to do all by yourself. Crowdfundly allows you to manage the campaigns with your team from the same fundraising platform. You can even set permissions for different roles with Crowdfundly.
💰 Manage Funds Easily With Wallet
This fundraising platform provides an exclusive Wallet feature to its fundraisers so that they can easily get a preview of collecting money, withdraw money, enable refunds, and many more. You can also see the net amount, paid amount, pending clearance, tips received, and the amount available for payment at once.
You can also include the option to escrow, refund, enable offline contributions, share campaigns on multiple social platforms, downloading Brochures, and many more right after signing up in Crowdfundly. If you want more amazing features, see its premium pricing plan below.
💸 Get Special Lifetime Offer On Crowdfundly
There are immense possibilities to run campaigns in the Crowdfundly fundraising platform. You can instantly sign up for Crowdfundly, be a fundraiser, and start creating campaigns. The subscription plans for Crowdfundly start from $9.90 per month.
If you are new to this platform then don’t miss the exclusive lifetime offer for early birds available now starting at only $59.00.
⭐ GoFundMe: Best Personal & Non-Profit Fundraising Platform
GoFundMe is the largest social fundraising platform site for individuals, teams, and nonprofits. This is one of the best crowdfunding platforms that offer donor protection guarantees. You will need zero fees to run personal fundraising campaigns here. Though you have to keep in mind that only one in ten campaigns is fully funded on GoFundMe, and conventional startups may not get as much capital there as they do.
Pricing Plans For GoFundMe
In GoFundMe there are no direct subscription plans. For each published campaign you have to pay for platform charges and transaction fees will cut down from your collected funds. The percentage will be different depending on which country you are in. Check out what will cost to run campaigns from your country.
⭐ Kickstarter: Crowdfunding Platform For Creative Projects
Kickstarter helps entrepreneurs fund their projects before obtaining loans or venture capital. This platform has funded 195,597 projects and $5,548,163,586 for it’s fundraisers. You can run amazing campaigns here, offer your contributors rewards, and so on. The fundraising part is also simple—set a goal and then a time frame to complete it.
Subscription Fee Structure In Kickstarter
This Crowdfunding platform is an all-or-nothing platform, meaning you can get your funding only if you complete your campaign. In addition, the fundraiser’s credit card will not be charged unless you meet your campaign goal. Find out what subscription fees will cost for your country on Kickstarter.
⭐ Patreon: Crowdfunding Platform For Creators & Innovators
Patreon crowdfunding platform is mostly used by content creators like artists, musicians, writers, etc. who create content, and users must pay for it to get access to them. When you are fundraising through Patreon, you can give rewards to contributors for their continued support. This crowdfunding platform does not promote its fundraisers like other crowdfunding platforms, but it will help you to create relationships with contributors and get funded easily.
Pricing Plans To Get Started With Patreon
To fund your fundraising campaigns in Patreon, you will need to purchase one of the subscription packages. They will cut the percentage from your campaign earnings. At present this crowdfunding platform isn’t running any lifetime offers for subscriptions.
Indiegogo: Platform For Tech Innovations
Indiegogo allows innovators, artists, and community members to fund projects, usually for technology innovations. Here fundraisers can go for fixed or flexible funding. Fixed fundraising is better for campaigns that require a certain amount of funding while flexible fundraising is for campaigns where you may benefit from any funding. Flexible funding guarantees that you will get your funds if you meet or don’t reach your fundraising goal; fixed funding ensures that all donations will go back to the donors regardless of whether you reach your campaign goal or not.
Pricing Model For Fundraisers In Indiegogo
This crowdfunding platform also works on a fixed pricing model. You have to pay 5 percent fixed for any ongoing campaign. You’ll have to pay transaction fees and transfer fees as well when you make a withdrawal, depending on which country you are in. have a look at their fees and prices for campaigners.
⭐ Wefunder: Equity Fundraising Platform
WeFunder can help you expand your existing business. The fundraising platform aims to increase your investors’ investment in your company, since they may receive a small stake in it. If you have an awesome idea, you can get an investor for your campaign instantly. They provide all facilities needed for fundraisers as well.
Fees Cost In WeFunder
This fundraising platform does not receive management fees or transactional revenue. All fundraiser expenses, including regulatory filings, accounting, and K1 distribution, are covered by a small administrative fee charged to investors. These charges are held within the WeFunder so that the fund may operate to maturity without any further contributions from investors.
⭐ Fundable: Platform For Business Fundraising
Fundable specializes in helping entrepreneurs raise capital through business crowdfunding. Fundraisers can offer either rewards or equity in return for financial support through this fundraising platform. They’ll highlight all your campaigns and help you establish a long-term relationship with your contributors.
Pricing Plans Of Fundable
Fundable lets you create and manage your fundraiser for as little as $179/month. All the fundraising money you collect will belong to you. This fundraising platform does not charge any kind of success fees. Funding for rewards-based raises is usually committed through Backer credit cards. You can get a clear idea of pricing from Fundable’s pricing page.
Recap: Best 5 Crowdfunding Platforms To Start Fundraising
Hopefully, you have a better understanding of the top Crowdfunding platforms available near you. You can pick any of these fundraising platforms and start creating campaigns right away. Before wrapping it up, here are the top crowdfunding platforms outlined for you at a glance:
|Crowdfundly||Suitable for both non-profit and reward-based fundraising campaigns|
|GoFundMe||Organizes campaigns for fundraisers and non-profits organizations|
|Kickstarter||Best place for all new creative fundraising campaigns|
|Patreon||Suitable for creators fundraising campaigns|
|Indiegogo||Help to get fund for innovations|
|WeFunder||Suitable for collecting fundraising for multiple existing projects|
|Fundly||Helps to run crowdfunding for businesses|
If you’re interested in crowdfunding, there are many crowdfunding platforms available for getting your campaign off the ground. When starting with one of the best crowdfunding platforms, you should consider your own needs and goals. After you have chosen the platforms that will be right for you, you can begin to narrow down the available choices.
Don’t forget to let us know which crowdfunding platform was the best choice for you in the comments below. Stay subscribed to our blogs for getting these types of comparisons, fun tutorials, blogs regularly.