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What are some crowdfunding websites?

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Quick Answer

Some crowdfunding websites include Kickstarter, Indiegogo, Crowdfunder, RocketHub and Crowdrise. Crowdfunding is defined as the act of asking a large group of people to donate small amounts of money for a given cause, notes DailyCrowdsource.com.

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Full Answer

Donation-based crowdfunding refers to a model in which people give an amount of money and receive certain perks, rewards or products in return. The second type of crowdfunding is investment crowdfunding, where businesses that are seeking capital sell shares on the Internet in the form of debt or equity, states Forbes.com.

Kickstarter is a website that allows users to present creative projects and receive donation-based funding. This is among the first crowdfunding website to be established in the United States.

Indiegogo is another crowdfunding website that allows users to present projects in the hopes of receiving funds. The company allows people with any type of project to present one. Some examples of things that can be crowdfunded on this website include charitable causes, music production, hobbies and personal financing.

Crowdfunder is a website that seeks to bring together individuals interested in investments and equity. It offers equity crowdfunding from individuals, angels and VCs. Other examples of crowdfunding websites available include appbackr, AngelList, Somolend and Invested.in.

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