11 Crowdfunding Platforms and Examples « Getting Results from Crowdsourcing. Crowdfunding is one of the more important aspects of crowdsourcing. Later I will write about the implications of the rise of crowdfunding for venture capital and other early stage funding sources. To start here are some examples of crowdfunding, many of them in creative domains. Kickstarter is a well developed creative crowdfunding platform, covering films, music, games, theatre, technology and far more. It uses the common all-or-nothing model, so projects are only funded if they raise their target funds in a defined period. It does not offer equity in the ventures, but project creators can provide specific rewards for funders. IndieGogo, originally providing crowdfunding for independent filmmakers, has diversified across other creative, environmental, and community endeavours. Sellaband provides a space for musicians to raise money, having already raised over $3 million for bands who want to record, tour, or promote their music.
Film crowdfunding is an active space. Americans Raise $5 Million For Medical Expenses With Crowdfunding. Social Fundraising Platform Piryx Is Reborn As Rally.org With Top Investors In Tow. There’s a new name in the online fundraising scene, but it’s already got plenty of users — and a very impressive seed funding round. Meet Rally.org. Rally got its start some 18 months ago, when the company was called Piryx (we covered their growing popularity as a political donation platform about a year ago). The company has built out what’s effectively a ‘Paypal for fundraising’, giving charities and other organizations a fundraising platform with an integrated payment system.
And today it’s announcing that it’s rebranding itself to Rally.org, in addition to a seed funding round with investors who include Flood Gate (Mike Maples), Greylock Discovery Fund (Reid Hoffman) and Ron Conway. The size of the round isn’t being disclosed, but they say it’s a “substantial seed round”. So what exactly is Rally for? Rally cofounder and CEO Tom Serres says that one of the issues with fundraising platforms is that many of them only work with non-profits.
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