Best Crowdfunding Platforms for Businesses

Crowdfunding is becoming a more and more popular source of capital for businesses. We’ve captured the top crowdfunding platforms for the three different types of crowdfunding: donation, reward, and equity-based.

Donation-Based Crowdfunding Platforms

Buzzbnk

• What: Buzzbnk brings social ventures (Any venture that seeks to deliver social or public benefit) looking for capital together with funders hoping to participate in a new way of funding social change.
• Where: UK only
• Fees: 5% commission if you reach your first milestone

Just Giving

• What: Just Giving is a global social platform for giving. It allows individuals to raise money for charities registered to the site and offers people doing sponsored events the chance to build their own webpage to collect sponsorship from supporters.
• Where: Global
• Fees: 5%

Crowdrise

• What: CrowdRise is the world’s largest and fastest-growing fundraising platform dedicated exclusively to charitable giving. Charities register with the site to fundraise for campaigns or events.
• Where: Global
• Fees: 5% with no monthly fees or 3% with $50 monthly fee

GoFundMe

• What: GoFundMe allows people and businesses to raise money for events ranging from life events to challenging circumstances.
• Where: USA, UK, Canada, Australia, and Euro-using countries
• Fees: 5% from each donation

Reward-Based Crowdfunding Platforms

Indiegogo

• What: Indiegogo allows people to solicit funds for an idea, charity, or start-up business.
• Where: Global
• Fees: 5%

Kickstarter

• What: Kickstarter helps artists, musicians, filmmakers, designers, and other creators find the resources and support they need to make their ideas a reality. They focus on creative projects.
• Where: Global
• Fees: 5%

Crowdfunder

• What: Crowdfunder is the largest UK founded reward platform, Crowdfunder, has emerged from the consolidation of several platforms to become a significant and established player even extending their offer to embrace Community Share Issues.
• Where: Global
• Fees: 5%

Equity-Based Crowdfunding Platforms

Crowdcube

• What: Crowdcube is the UK’s leading investment crowdfunding platform, where a community of like­minded people pool their money and knowledge together to back startup, early and growth stage businesses
• Where: for British businesses only, investors can be in any country
• Fees: 7% (excl. VAT) of funds raised

Seedrs

• What: The UK’s second leading equity crowdfunding platform that allows investors to back anything from £10 into “businesses they believe in” – it offers three campaigns: equity, funds and convertible loans.
• Where: UK and EU
• Fees: £2,000 completion fee (excl. VAT) + 6% on first £150K, 4% on £150K – £500K, 2% on anything over £500K

CircleUp

• What: CircleUp is an online social marketplace that helps high growth small consumer and retail companies raise money directly from a community of accredited individual and institutional investors.
• Where: USA
• Fees: No set fee, fee will be assessed after fundraising

Fundable

• What: Fundable offers both equity and rewards-based crowdfunding for startups
• Where: USA
• Fees: $179 USD per month

Are you looking to forecast when you might need a cash injection? Check out Float Cash Flow Forecasting!

Harriet Stevenson

Conversion Marketing Manager at Float