Experienced content writer, Shafqat M. writes on travel, technology, environment, and digital marketing.
Best Crowdfunding Sites: Crowdfunding is a huge phenomenon and 10 best crowdfunding sites, best in the business, will give you the idea why startups, investors, businesses, NGOs, artists, filmmakers, etc, vouch for these crowdfunding sites and how they avail of these crowdfunding sources.
Article overview, we will be discussing the following points:
- What is crowdfunding?
- Different crowdfunding sites for different projects
- Crowdfunding platforms comparison
- Why Compare Crowdfunding Sites?
- Best Crowdfunding Sites for Investors, Startups, Entrepreneurs, Artists, NGOs
- List of 10 Best Crowdfunding Sites to Raise Money in 2021
1.1 What is Crowdfunding? How Crowdfunding Works?
Raising small amounts of money from a relatively large number of people through the medium of the internet, or investing in projects launched by businesses, startups, individuals, NGOs, etc. is how crowdfunding as a process works and stands for.
1.2 Different Crowdfunding Sites for Different Projects
As an online fundraising platform, crowdfunding is spread far and wide and caters to capital needs of every possible human endeavour: business, artistic, scientific, political, social, educational, etc.
Crowdfunding websites for business help small and large businesses generate funds for projects. Entrepreneurs can avail of crowdfunding sites to raise funds for their ideas.
Similarly, crowdfunding websites for investors is a platform which investors can utilize to invest in a company anytime, anywhere. If you're a startup, use crowdfunding websites for startups to raise funds for your projects.
However, that's not all. Crowdfunding sites facilitate raising donations for social causes with seamless ease, cutting across national borders to include donations from every corner of the world.
There are also medical crowdfunding websites that help patients raise money for medical treatments and other hospitalization expenses, including medicines.
As regards projects such as movie making, music and book publishing, crowdfunding proves very handy.
That's one of the reasons for its rising popularity throughout the world and why so many crowdfunding sources have emerged tailored for a particular crowdfunding idea.
1.3 Crowdfunding Sites Comparison
Crowdfunding sites comparison helps differentiate one crowdfunding source from another to not confuse various crowdfunding sites.
It's by comparing only that you'll come to know which crowdfunding platform to go for your crowdfunding campaign and which one to avoid.
Shortest to say, crowdfunding sites comparison helps your crowdfunding project find a right platform, best suited for such projects. Not to forget, it prevents you from knocking at the wrong door and forfeiting your crowdfunding campaign!
Even though the basic concept of crowdfunding remains the same regardless of the platform used. You can't however use a platform-specific to charity projects only to crowdfund your business.
1.4 Why Compare Crowdfunding Sites
Comparison of crowdfunding sites serves many purposes. First and foremost, it guides users planning to go for crowdfunding, either to invest or to launch a campaign, to find project-specific crowdfunding sources. Here are the examples:
- Ketto, an Indian crowdfunding platform, facilitates fundraising for social causes.
- Similarly, Quirky is for inventors.
- Kickstarter helps raise money for all creative projects.
- Indiegogo is ideal for entrepreneurs.
1.5 Best Crowdfunding Sites for Investors, Startups, Entrepreneurs, Artists, NGOs
If you're planning to raise money for your business, or any project using crowdfunding, you'll need to do so via crowdfunding sites. Here, users launch their projects and market it to reach their targeted crowd.
Simply put, crowdfunding sites are reservoirs of potential investors. And has a crowd of ordinary people who've got surplus money and look to invest it in a business or startup.
Unlike traditional funding, crowdfunding is seamless, effortless and hassle-free. From campaign launch to marketing to actual funds transfer, everything takes place via crowdfunding sites with the internet as a medium.
1.6 List of 10 Best Crowdfunding Sites to Raise Money in 2021
By any stretch of the imagination, below-mentioned sites aren't the only crowdfunding sites out there but they are certainly the best ones.
Instead of going for a long list of crowdfunding sites, explore 10 best crowdfunding sites we've put together. Choose a crowdfunding site, which better suits your business needs and project size.
Here's the list of 10 best crowdfunding sites:
Kickstarter is the world's biggest, and most popular crowdfunding site and is a pretty sophisticated site to raise funds on.
Kickstarter projects include:
Indiegogo is equally popular as a crowdfunding platform and funds innovative projects in the field of technology and design.
And for entrepreneurs, Indiegogo is the best crowdfunding site available.
Indiegogo projects include:
GoFundMe features among trusted fundraiser websites online. For social events such as graduation day celebrations, people turn to GoFundMe to raise money.
If someone meets an accident or is suffering from acute diseases, he/she can go for GoFundMe to support their healthcare expenses.
Even during the current coronavirus pandemic 2020, GoFundMe continues to play its part and help raise money to fight back COVID-19, mass hunger in its aftermath and supports unemployed masses.
GoFundMe projects include:
Crowdfunding site Ketto helps users raise money for personal needs and expenses, and larger social causes as well.
For example, in the wake of coronavirus pandemic and subsequent lockdown, Ketto helps raise money to feed daily wagers.
Ketto projects include:
- Liver Cirrhosis
- Heart Disease
- Kidney Failure
- Child Health
- Lung Disease
- Brain Injury
MicroVentures is one of the best equity crowdfunding sites. It offers investors a platform to invest in new companies and startups.
As far as startups and businesses in need of investments are concerned, they can use MicroVentures, a robust online fundraiser platform, to connect with accredited investors and ask for investments, big and small.
MicroVentures projects include:
- Private Market Investment
Quirky also features among the best crowdfunding sites for inventors and designers.
Bring your creative ideas to life by launching fundraisers for it on Quirky where investors and companies willing to provide financial support are many.
Quirky projects include:
Pozible is designed to fund artists. Artists and communities come together on Pozible to help shape creative ideas and artistic endeavours.
Pozible supports fundraisers for:
- Creative Projects
- Creative Ideas
RocketHub is a robust and popular online crowdfunding platform where campaigns are launched and marketed and supports various causes.
RocketHub supports fundraising campaigns of:
- Game Developers
- Fashion Designers
- Theater Directors
ChipIn is an easy-to-use crowdfunding site. Use it to pool money to fund your project.
ChipIn projects include:
One of the best crowdfunding sites, Fundly helps campaign creators generate money from family, friends, relatives, and donors through social media platforms such as Facebook, LinkedIn, Twitter, Google, even email as well.
Fundly for online fundraising supports:
Thanks for dropping by! If you enjoyed reading 10 Best Crowdfunding Sites to Raise Money in 2021 and found it informative, please do share with your friends and let us know your thoughts in the comments section below.
This content is accurate and true to the best of the author’s knowledge and is not meant to substitute for formal and individualized advice from a qualified professional.
© 2020 Shafqat M
Shafqat M (author) from Srinagar, Kashmir on November 12, 2020:
Thanks Liz for dropping by and going through the article!
Liz Westwood from UK on November 12, 2020:
Crowdfunding has really taken off in recent years. I have heard of some of these, but your article gives a good explanation of the concept.