The Best Crowdfunding Sites

Crowdfunding Sites can be good place if you are in search for fund to start your business. Crowdfunding industry has been emerging in exceptionally faster rate giving help to people in raising billions of funds for various reasons be it for social impact, charity, unique experience, consumer packaged goods, real estate, gaming and startups. If the report given by Massolution is to taken into account, it is seen that 2.7 billion USD was raised online through crowdfunding in 2012, 5.1 billion USD in 2013 and the fund seem to see the growth even in 2014 and 2015. Depending upon the purpose for fund, there are different types of crowdfunding platform. Basically, there exists two basic models of crowdfunding namely rewards based crowdfunding and equity crowdfunding. In reward based crowdfunding, funders are not allowed to invest to become shareholders. However, equity based crowdfunding offers the donors to be the shareholders. The topic of which platform is profitable for the donors is long debated issues.

Kickstarter is one of the leading websites which have been successful for raising over 1 billion USD for the fund seekers. The website provides the room for the games, films, art, design and technology. It should be noted that this platform is not for the charities or individual financing needs. In 2014 this site topped the list by generating over 13 million USD.Indiegogo is quite liberal when it comes to types of project it accepts as almost every kind of the project get place in their site. With good international presence it is popular among its stakeholders. It should be noted that this is not an equity based crowdfunding. It was first initiated to collect the fund for the theater project and films.

Crowdrise is quite similar to kickstarter and indigogo in terms of model but Crowdrise basically focuses on fundraising for causes and charities. So, those interested in collecting the fund for the purpose of charity this can the best platform.Quirky is preferred by those who are the inventors of the products and makers. This is not only used for funding but for collaborating with various stake holders on development of prototype and product. Tilt is lauded for its simplified experiences. It is used by various groups and communities to raise fund together.Invested.in is the place to go if you’d like to create your own crowdfunding platform by “white-labeling” their software.Grow Venture Community is one of the equity based crowdfunding platform for the investors and entrepreneurs which helps to generate great ideas, investing audiences and quick support. It’s a huge platform where the ideas can be discussed with funders, new customers, team members and experts.

The above mentioned sites are only few names in the crowd of Crowdfunding sites. Annually, semi-annually various magazines and organizations publishes the report of top crowdfunding sites based on various factors. In selecting the best and correct platform, thorough research of the crowdfunding websites is advised as the success in grabbing the fund also depends on choosing the right platform.