Best Crowdfunding Platforms for a Successful Fund Raising in 2023

Fund creative and profitable business projects with the best crowdfunding platforms. These are suitable for both investors and entrepreneurs.
Last Updated on :
June 30, 2023
best crowdfunding platforms

Crowdfunding is a simple and efficient way of raising funds to support the growth and expansion of your business. With the ever-expanding digital era, raising funds for a business or a non-profit cause has become extremely simple. Easy-to-use crowdfunding platforms have been developed to help both fundraisers and their supporters in the process.

Similar to the best fundraising apps, Crowdfunding platforms are websites that enable interaction between fundraisers and the common public or the crowd. Whatever your reason for raising the money, there is a crowdfunding website for you.

To help you kick off the business, we have researched the best crowdfunding platforms that are suitable for all kinds of businesses, be it a start-up or large companies. These platforms offer the best way of receiving the necessary boost of cash flow required to take your venture off the ground and launch new projects.

Top Crowdfunding Platforms for Successfully Raising Funds in 2023!

There are many crowdfunding platforms available online. To help you select the best one, we have listed the top crowd funding platforms based on their ease of use, customer reviews, pricing, social media integration, and more. Whether you are an artist, a solo entrepreneur, or a business professional, these platforms will help you score the funds you need for your projects, cause, or ideas.

Let’s head to our list now.
1.

Indiegogo

Indiegogo is a crowdfunding platform that offers users an opportunity to raise funds for a start-up, idea, or charity. It is one of the best platforms to support small business crowdfunding rounds to source extra funds to expand their business. These funds can also help in starting a new product line. 

Unlike other traditional crowdfunding websites, Indiegogo offers a more secure platform to finance start-ups, campaigns, services, and new products. By leveraging the power of crowd, Indiegogo provides access to funds in a more efficient manner than traditional funding methods.

Features of Indiegogo- Best Startup Crowd Funding Platform

  • A quick and versatile platform to raise funds
  • Great way to get feedback on new products and services
  • Easy to pitch large investors and set up a marketing campaign
  • Supports integration with Easyship to manage post-campaign shipping
  • A broad collection of projects, including health, education, tech, and more
Visit Indiegogo
2.

Classy

Classy is a fully optimized crowdfunding platform that is designed to help non-profit organizations with fundraising tools to maximize their social impact and source funds. From event registration to management, Classy can do it all. It is one of the best crowdfunding platforms certified by B Corp to manage all the aspects of online fundraising under one roof. 

Classy is ideal for both crowdfunding and peer-to-peer fundraising. With its comprehensive suite of tools, it can support crowd funding for startups and small businesses in the most simple yet effective manner.

Features of Classy- Among the Best Crowdfunding Sites for Businesses

  • Simple and intuitive interface
  • Offers custom tools and support to each user
  • Supports integration with Salesforce and Facebook
  • Best suited for startups and non-profit organizations
  • Creates high-performing donation pages to engage supporters
Visit Classy
3.

Fundable

Fundable is one of the top equity crowdfunding platforms that helps in quickly engaging a large set of backers to raise capital and required funds. It is best suited for startups that have a solid plan for funding and looking to expand their operations with the same. Similar to the best fund raising apps, Fundable touts its hands-on support to companies as they navigate through the tedious fundraising process. 

Businesses can raise either equity-based or rewards-based crowdfunding using this top crowdfunding platform. The backers get a share of the company in return for investing their money. If you are determined to raise funds with a solid plan of action, Fundable is the best fund raising platform for you.

Features of Fundable- Among the Best Crowdfunding Websites for Startups

  • Extends responsive and the best customer support
  • Charges low fees in return for successful campaigns
  • Supports both rewards and equity-based crowdfunding
  • Enables companies to set up fundraising profiles and share them
  • Allows backers to prescreen campaigns to make an informed decision
Visit Fundable
4.

DonorsChoose

DonorsChoose is a US-based crowdfunding platform that allows individuals to directly donate to a good cause. This platform directly connects teachers with suitable donors who wish to offer financial relief and assistance. DonorsChoose is open to each and every US public school to help them overcome financial barriers and buy required school supplies.

The funds raised by DonorsChase can be used for anything from new textbooks to a field trip and all the things in between. These sites provide an invaluable service for public schools all around the country.

Features of DonorsChoose- The Best Crowdfunding Site for Schools

  • Funds virtually anything required by schools
  • The site is full to the brim with a worthy cause
  • Assists in both technological supplies and basic needs
  • Offers the best security and protection for all transactions
  • Ensures that children have up-to-date supplies and computers
Visit DonorsChoose
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5.

Kickstarter

Kickstarter is among the top crowdfunding sites that assist businesses to turn their vision into reality. It offers a collaborative platform for creators to share their creative vision and connects them with investors that can back the project. You can use Kickstarter to fund a short film, music album, domestic clothing brand, or any other similar project. 

The process of going from a napkin sketch to a tangible finished project is tiring, long, and expensive. This is where the best crowdfunding site can help you share the project with the backers who can pledge funds towards making the project a reality in exchange of profitable rewards.

Features of Kickstarter- A Fund Raising Platform for Artists

  • Best suited to fuel creative projects easily
  • Ideal for artists, geeks, musicians, filmmakers, and other creatives
  • Allows users to increase the number of pledges without any additional fee
  • Pledgers receive tangible rewards or experience in exchange of their funds
  • Offers better credibility and coverage as compared to other crowdfunding websites
Visit Kickstarter
6.

Patreon

Patreon is one of the best crowdfunding platforms that offers a powerful set of tools to raise funds by reaching and engaging with your supporters and fans. It simplifies crowdfunding for business professionals by targeting a particular audience, including artists and content creators. 

It has an ongoing approach to rewards-based crowdfunding that sets it apart from the best crowdfunding platforms. Patreon enables entrepreneurs engaged in an ongoing endeavor to get paid directly by users who wish to consume their content.

Features of Patreon- One of the Popular Crowdfunding Apps

  • Integrated platform to support reward giving
  • Supports continuous crowdfunding for creators
  • Multiple subscription plans available to support every user
  • Allows you to create content freely without many restrictions
  • Enables creators to sell digital products and content directly to their fans
Visit Patreon
7.

GoFundMe

GoFundMe is among the best crowdfunding platforms in America that enable people to raise funds for any and every kind of event. From graduation celebratory ceremonies to health-related emergencies, GoFundMe will ensure that you have funds for all. Similar to other fund raising apps, it offers a secure way to collect and distribute electronic donations and payments. 

It is one of the most commonly used crowdfunding platforms for startups and small businesses. All that you have to do is pitch your idea, set a fundraising goal, share your marketing campaign on social media sites, and accept donations through the platform. Along with this, GoFundMe also facilitates charitable donations for small businesses.

Features of GoFundMe- One of the Best Crowdfunding Sites

  • Allows you to raise capital without any collateral
  • Offers a faster funding platform than other crowdfunding platforms
  • Guarantees that funds are directly channeled to families and victims
  • Supports charity funds for small businesses in exchange for nothing
  • Accepts payments through credit cards, debit cards, PayPal, and Apple Pay
Visit GoFundMe
8.

WeFunder

WeFunder is ranked among the best crowdfunding platforms for startups that connect businesses and investors online. It is an easy way for non-accredited investors with limited capital to invest in the initial stages of a startup. It is the best crowdfunding site for investors that allows them to invest their money in the early stages of a startup. 

Unlike other crowdfunding platforms, WeFunder is based on the philosophy that every individual, irrespective of their wealth, should be able to invest in a company. With the inclusive fundraising opportunity, WeFunder gives everyone access to the market that was formerly reserved for high net-worth institutions and investors.

Features of WeFunder- A Crowdfunding Platform for Startups

  • Simple, easy, and clean interface
  • Offers access to initial stages of startups
  • Ensures investment rewards over a certain amount of investment
  • Available for all kinds of investors, including international investors
  • Available to both non-high-net-worth and high-net-worth investors
Visit WeFunder
9.

RealtyMogul

RealtyMogul is a crowdfunding platform that offers investment options for both accredited and non-accredited investors. It connects investors with institutional-level and profitable real estate investments. It is a top crowdfunding platform that conducts deep research into each investment opportunity, including the market and target returns. 

Similar to the other crowdfunding apps, RealtyMogul offers multiple options for investments. If you are an accredited investor, you can invest directly in individual properties. As for non-accredited investors, you can invest in REIT products.

Features of RealtyMogul- The Best Crowdfunding Site to Invest in Real Estate

  • Open to both accredited and non-accredited investors
  • Conducts research and performs due diligence on each investment
  • Offers automatic features to simplify the investment process
  • Enables investments in single properties and REITs
  • Offers the best crowdfunding platform and an app for iOS and Android
Visit RealtyMogul
10.

Fundly

Fundly is a fundraising donation platform and among the best crowdfunding platforms that is scalable for any fundraiser or nonprofit organization. It is suitable for non-profits, charities, clubs, schools, churches, and other organizations or causes. This platform can help organizations socially raise funds for a good cause through friends, families, or donors. 

It is a versatile crowdfunding platform that is suitable for fundraisers of all sizes and natures. The best part about using this platform is that you can withdraw your funds as soon as you start collecting your donations.

Features of Fundly- One of the Best Fundraising Sites for Charity and Donations

  • Demands no collateral to raise funds
  • Presents photos and videos on every campaign page
  • Easy withdrawal of funds as soon as you collect donations
  • Offers educational material and blogs on fundraising tips and more
  • Directly shares marketing campaigns to social media sites like Facebook
Visit Fundly
11.

SeedInvest

SeedInvest is among the best crowdfunding platforms that brings private equity to the common masses. It is available to both accredited and non-accredited investors allowing them to invest at the early stages of a startup with a minimum amount as low as $200. Offering all the necessary information about each company, SeedInvest ensures that the individuals are making the right investment decisions. 

It is a collaborative platform that brings together entrepreneurs and investors. With its optimized tools, SeedInvest helps entrepreneurs to create a successful pitch for potential investors.

Features of SeedInvest- Among the Best Fundraising Sites for Investors

  • Charges no ongoing fees for investments
  • The minimum requirement for equity investing
  • Supports auto investment to simplify diversification
  • Accepts both accredited and non-accredited investors
  • Best for individuals who wish to invest in vetted startups
Visit SeedInvest
12.

Chuffed

Chuffed is ranked among the best crowdfunding platforms for nonprofits, charities, social enterprises, and community groups. Organizations can run valuable fundraising campaigns for various social causes, individual issues, and more. 100% of the chosen donated amount goes directly to the user. 

To help your fundraising campaign a success, Chuffed provides a crowdfunding guide, video tutorials, and workshops. This platform is great for donors as they do not have to pay any additional charges for their donations.

Features of Chuffed- Crowdfunding Platform for Nonprofits

  • Offers multiple pricing plans for all users
  • Transfers 100%of the donated amount to users
  • Supports peer-to-peer fundraising for charitable causes
  • Offers educational material to guide you through the process
  • Allows you to upload images and videos from Youtube and Vimeo
Visit Chuffed
13.

ArtistShare

ArtistShare is the internet’s first commercial crowdfunding website that is regarded as the best platform to date. It is a fan-funded platform for artists and creative creators who are looking to release their work. In return for funds, the artists offer access to the creative process via private invitations to recordings or behind the scenes. 

It offers a rock-solid platform and professional services for entrepreneurial artists and creators. ArtistShare offers a platform for creative expression and appreciation for both artists and their fans.

Features of ArtistShare- Among the Top Crowdfunding Platforms

  • Commercial crowdfunding platform for funding artistic projects
  • Allows fans to finance production costs
  • Offers access to the creative process to all the fans
  • Easily offers the best fan support in the industry
  • Artist Roller is packed with the most prestigious and popular artists
Visit ArtistShare
14.

MightyCause

MightyCause is a modern and among the best crowdfunding platforms that support non-profit fundraising, data management, and more. It is a free fundraising app that offers donor management tools and supports peer-to-peer as well as team fundraising for non-profit organizations. 

MightyCause also offers branded donation pages that can be customized to match the theme and ideology of the organization. With the optimized management tools, users can regulate page admins, donors, organizers, and reports. Along with all this, users can also set up direct deposit to receive instant payouts through the platform.

Features of MightyCause- The Best Crowdfunding Platform for Nonprofits

  • Best suited for freelancers and small businesses
  • The simple and clean user interface for added flexibility
  • Customizable donation pages to meet the business needs
  • Assists in supporter tagging, entry editing, and custom data collection
  • Crowdfunding campaigns for any cause- personal, charity, projects, etc.
Visit MightyCause
15.

Seedrs

Seedrs is an equity funding platform that allows investors to buy and sell shares in private companies. It is among the best crowdfunding platforms for entrepreneurs who wish to raise capital for their companies and build a strong community simultaneously. It is backed by leading European investors and a strong base of trusted customers of its own. 

It is ranked among the top crowdfunding platforms as it offers liquidity to particular assets that are often rendered as illiquid by other platforms. This flexible option ensures more and better investment opportunities to earn a larger sum of profit.

Features of Seedrs- One of the Best Sites for Crowdfunding

  • Best suited for equity crowdfunding
  • Provides a huge number of investment options
  • Offers tax advantage on some investment options
  • Allows investors to invest in tech and traditional sectors
  • Handles all financial transactions and interactions securely
Visit Seedrs
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What are the different types of crowdfunding platforms available for users?

There are different types of fundraising platforms available for the users to choose from. The selection of platform can vary as per the business needs, nature, size, and more. The main categories of the crowdfunding platforms are mentioned below:

1. Donation-based crowdfunding platforms

These platforms are designed for special campaigns that offer no profit or financial gain in return for the investment. Individuals give donations to fund a special cause or an idea as per their liking. 

Donation-based crowdfunding platforms are commonly used to help raise money for charities, non-profit organisations, or other special causes. 

2. Reward-based crowdfunding platforms

As the name suggests, reward-based crowdfunding platforms are used by individuals who seek a reward or an incentive in return for their investments. This reward is usually given in the form of a product or service offered by the business. 

These kinds of platforms are best for companies that deal in tangible products and services. Apart from this, these can also function as the best crowdfunding websites for investors who are looking for a test market for their products.

3. Equity-based crowdfunding platforms

These platforms offer real investments for users in private companies. The fund contributors can become part owners of the business by trading capital for equity shares. The financial contributors receive a financial return on investments and share of profits as per their investment. 

Equity-based crowdfunding platforms are popularly used by entrepreneurs and startups who are looking for an alternative option to venture capital efforts. 

The Big Benefits of Crowdfunding Platforms

Some of the top crowdfunding sites are used for ensuring additional convenience and support in the fundraising process. Let's discuss some of these advantages in detail, 

1. More efficient 

As a growing startup company, you might not want to waste a lot of time and effort on the tiresome fundraising process. Crowdfunding platforms are more efficient and faster in meeting the financial needs of any kind of business. With a suitable platform, businesses can communicate their story to attract potential investors and backers for their financial requirements. 

2. Build traction, social proof, and validation 

A strong and highly visible crowdfunding campaign can provide the needed validation and social proof that is vital in tracking your progress further. Once early investors vet and buy into your idea, others are more likely to follow suit. 

3. Doubles the media and marketing exposure

Crowdfunding platforms offer great exposure for the products and services offered by your business. Feature stories, blogs, and print publications help users to know more about the products and services offered by your business. Crowdfunding platforms will surely put you in touch with the best potential investors for your business. 

4. Relatively low risk 

Crowdfunding platforms offer a relatively low risky platform for raising capital. Unlike traditional methods like bank loans or venture capital, you do need any collateral in your business. Apart from this, if your campaign is unsuccessful, you will not be liable to pay any debts. 

How to use crowdfunding platforms to ensure business success?

Crowdfunding is the best type of alternative fund option available for entrepreneurs and investors. If you are a startup or a small business, there are a number of advantages of using these platforms. 

1. You can raise a significant amount of money through these platforms without much risk and debt. These are, thereby, better than traditional methods of fundraising. 

2. You get an open market to test your products and services. If you are able to raise money through these platforms, you can be sure of the demand in the market. 

3. You can build awareness and a strong community through the top crowdfunding platforms. This can be beneficial in the long run for marketing and PR purposes. 

4. These platforms offer a quicker and easier form of raising investments for all kinds of businesses. 

Final Verdict 

This article provides an overview of the top crowdfunding platforms along with their features and functionality. You can get a comprehensive understanding of the crowdfunding landscape, allowing them to make informed decisions to enrich their fundraising experience. 

With a clear strategic approach and a suitable crowdfunding platform, a business can successfully raise investments without much effort. All these platforms can be used by all businesses irrespective of their size, nature, and purpose. 

Lastly, if you are an app owner and wish to list your product, get in touch with us at MobileAppDily. Our expert reviews will help your project grow and expand to a greater audience. Until then, keep on exploring, MobileAppDaily for more such updates and insightful information.

General FAQ

  • What is a crowdfunding platform?
  • Why start a crowdfunding platform?
  • Who is eligible for crowdfunding?
Written By
Pallavi
Pallavi Content Head at MobileAppDaily

She is an avid writer of technology and trending mobile apps. When she is not busy updating you about the tech world, she spends time reading books and playing guitar.


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