Crowdfunding Platforms to Seek in 2024

Discover top crowdfunding platforms for 2024 and fund your dreams with ease

Crowdfunding has become a popular way for entrepreneurs, startups, and businesses to raise capital for their projects and ideas. With the rise of digital innovation, the development of crowdfunding platforms has become increasingly important. These platforms serve as dynamic hubs where ideas find support from a global audience. From fostering startups to fueling artistic endeavors, the options are diverse. In this dynamic ecosystem, discovering the right crowdfunding platform is crucial. Let's explore the top crowdfunding platforms that warrant attention in 2024, promising a blend of accessibility, community engagement, and success for ventures of all kinds.

1. Blockchain App Factory:

One of the leading names in the development of crowdfunding platforms is Blockchain App Factory. One of their areas of expertise is crowdfunding platforms, and they provide a broad range of blockchain-based solutions. its proficiency and familiarity with blockchain technology enable it to develop safe, transparent, and expandable crowdfunding sites that cater to the specific requirements of its customers. To ensure a seamless and dependable crowdfunding experience, Blockchain App Factory offers end-to-end crowdfunding solutions with features like payment gateways, KYC/AML integration, and smart contracts.

2. GoFundMe

GoFundMe, established in 2010, reigns as the premier crowdfunding platform globally, boasting over 100 million users who collectively raised an impressive $25 billion. With a commitment to aiding individuals in various crises, from medical expenses to disaster recovery, GoFundMe garners an average of one donation per second. Notably, launching a fundraiser incurs no fee, but the platform charges a 2.9% per-donation fee plus 30 cents.

3. Kickstarter

Kickstarter, founded in 2009, focuses on project and startup funding, drawing support from a community exceeding 22 million investors. A testament to its success, over $7.6 billion has been pledged for more than 248,000 projects, achieving a commendable 41% success rate. While Kickstarter collects a 5% fee for successful projects, it abstains from charging unsuccessful ones. The payment processor, Stripe, takes a 3% to 5% fee for successful projects.

4. Indiegogo

Since 2008, Indiegogo has facilitated funding for over 800,000 projects, encompassing tech innovations, art endeavors, environmental initiatives, and social impact campaigns. The platform, with over 9 million users, witnesses approximately 19,000 new campaigns monthly. Notably, Indiegogo charges a 5% platform fee on all raised funds and an additional 3% plus 20 cents for payment processing. Fundraisers receive their funds within 15 days of campaign completion.

5. StartEngine

StartEngine, a major equity crowdfunding platform since its 2015 launch, has seen users raise over $700 million from a community exceeding 1 million. Acquiring SeedInvest in May 2023 bolstered its standing. Led by Howard Marks and advised by Kevin O'Leary, StartEngine allows non-accredited investors to contribute up to 10% of their annual income or net worth per year. This platform caters to startups seeking capital and investors eyeing substantial returns.

6. Patreon

Patreon, tailored for artists and content creators since its 2013 inception, boasts over 8 million monthly active members and 250,000 creators earning a collective $3.5 billion. Creators can launch a page for free, but Patreon collects a fee ranging from 8% to 12% of creators' income through subscriptions. Unlike project-focused platforms, Patreon emphasizes recurring revenue models for sustained support.

7. Classy

Classy, an independent subsidiary of GoFundMe, specializes in nonprofit crowdfunding. Having raised over $6 billion for social causes, Classy stands out for its unique tools, including sponsor matching. This feature encourages donors to match others' contributions. The platform prices its packages based on customer needs, incorporating an annual upfront subscription and a transaction fee for each donation.

8. CrowdStreet

CrowdStreet, founded in 2013 and based in Texas, stands as a real estate crowdfunding expert. While traditional real estate investments may be challenging for individual investors, CrowdStreet enables small investments in diverse real estate projects. Having funded over 798 real estate deals totaling $4.2 billion, investors have experienced a 17.9% realized internal rate of return. However, this platform is limited to accredited investors with specific wealth and experience criteria, and most deals have a $25,000 investment minimum.