FUNDABLE REVIEW

Fundable is an Equity / Reward Funding Network with more than 370.000 startups and 23.000 investors

FUNDABLE REVIEW SUMMARY

√Equity Crowdfunding / Reward Crowdfunding for Startups

√Fundable does not support personal purposes

√ All-or-Nothing Campaigns for Rewards Raises

√Accredited Investors only for Equity Raises

√ Subscription-based pricing

√No Success Fees

◙ Supported Projects & Model

Fundable supports startups across various industries, including:

• Technology

• Health & Beauty

• Fitness

• Food & Beverage

• And many more

Not Allowed:

• Personal fundraising

• Donations or charity fundraising without a valid 501(c)(3) status

• Non-profit organizations without tax exemption

Crowdfunding Models

Equity Crowdfunding

• Ideal for raising over $50,000

• Investors must be accredited

• Minimum investment: $1,000 (handled offline via bank wire or check)

Rewards-Based Crowdfunding

• Typically for raising under $50,000

• Backers are usually friends, family, customers, or fans

• Minimum contribution: $1 via credit card

• All-or-nothing model—only collect funds if the goal is met

◙ Crowdfunding Insights & Trends

• An average successful campaign raises around $7,000

• Campaigns typically last 9 weeks

• Getting 30% of your goal in the first week increases success chances

• Social media and external links significantly boost campaign success

• Most active supporters are aged 24–35

• Men are more likely to invest in unknown startups than women

• People earning over $100,000/year are most likely to invest

Geographic Reach

• Fundable is global—backers can join from anywhere in the world

About Fundable

• Founded in 2012 by Wil Schroter and Eric Corl

• Based in Powell, Ohio, USA

• Backed by Virtucon Ventures

◙ Pricing & Fees

Subscription Plans

• $179/month to run your fundraising campaign

• Subscription auto-renews monthly unless canceled

• No pro-rated billing

Consulting Services

• Optional support available, either one-time or with flexible payment options

Payment Processing (Rewards Projects Only)

• 3.5% + $0.30 per transaction fee for credit card processing

INDIEGOGO REVIEW

"Indiegogo empowers people to make ideas happen via Reward-Based and Charity Crowdfunding."

INDIEGOGO REVIEW SUMMARY

√ Reward-Based Crowdfunding

√ Charity Fundraising via Indiegogo Life

√ Reaching the funding goal is optional (you keep the donations of any amount)

√ 4% Fee for successful campaigns and 9% for unsuccessful campaigns

√ Supports Cards, Bank Wire, and PayPal

◙ SUPPORTED PROJECT TYPES

Indiegogo supports two primary crowdfunding models:

1. Reward-Based Crowdfunding

Indiegogo enables individuals and teams to raise funds for a wide range of creative, entrepreneurial, and personal causes. Campaign categories include:

• Arts & Culture: Art, Comics, Dance, Film, Photography, Theater, Writing

• Technology & Innovation: Design, Gaming, Technology, Transmedia

• Community & Social Impact: Animals, Community, Education, Environment, Politics, Religion, Small Business

• Lifestyle & Entertainment: Fashion, Food, Health, Music, Sports, Web Video

Backers typically receive a reward or perk in return for their support.

2. Charity Crowdfunding (formerly Indiegogo Life)

Launched in 2014, Indiegogo Life—now transitioned into GoFundMe Charity—was designed for personal and charitable causes, including:

• Medical emergencies

• Educational expenses

• Celebrations

• Crisis support and more

These campaigns are free from platform fees, making it easier to raise funds during urgent life events.

◙ ABOUT INDIEGOGO

1. Founded: 2008
2. Founders: Danae Ringelmann, Slava Rubin, Eric Schell
3. Headquarters: San Francisco, California, USA

Indiegogo is one of the world’s first and largest crowdfunding platforms, providing tools to help anyone with an idea bring it to life. While it primarily supports rewards-based crowdfunding, Indiegogo has also shown interest in expanding into equity crowdfunding to support startup investment.

SUPPORTED COUNTRIES & CURRENCIES

Indiegogo supports campaign creators and contributors from over 200 countries.
Users can launch campaigns and donate in multiple major currencies, depending on their location and payment method.

◙ INDIEGOGO FEES & PRICING

Creating and launching a campaign on Indiegogo is free of charge. However, a platform fee applies once a campaign begins receiving contributions.

Fee Structure:

• Standard Platform Fee: 5% of funds raised

• Additional Fee if Goal Not Reached: +4%

• Total for Unsuccessful Campaigns: 9%

• Net Fee for Successful Campaigns: 4% (after a 5% refund)

• Nonprofit Discount: 25% off platform fees for registered 501(c)(3) organizations

Note: Payment processing fees (typically ~3%) may also apply and vary by payment provider.

Table: Indiegogo Fees Overview

◙ WITHDRAWING FUNDS FROM INDIEGOGO

Indiegogo offers multiple payout options depending on the payment method used during your campaign. Here's how the disbursement process works:

1. Credit Card Contributions

Funds raised via credit cards are transferred to your bank account within 15 business days after your campaign ends.
Once processed, it typically takes 3–5 business days for the funds to appear in your account.

2. PayPal Contributions

If PayPal is used, funds will be transferred to your linked PayPal account within 15 business days following the end of your campaign.

3. Nonprofit Campaigns

Verified nonprofit campaigns follow a slightly different disbursement schedule:

• A 3.75% fee rebate is issued within 15 days of the campaign's deadline to FirstGiving (Indiegogo’s nonprofit payment processor).

• After the initial disbursement, any additional funds raised (such as via InDemand) are sent every four weeks.

• FirstGiving then distributes the funds monthly to the nonprofit organization.

◙ INDIEGOGO INDEMAND

Indiegogo InDemand allows you to continue collecting contributions after your initial campaign has ended—with no need to start a new campaign. This feature is ideal for keeping momentum going while continuing to raise awareness and funds.

KICKSTARTER REVIEW

◙ KICKSTARTER REVIEW SUMMARY

√ Reward-CrowdFunding (Creative Projects)

√ All-or-Nothing Campaigns

√ 8%-10% Total Fee on Received Funds (Only successful campaigns)

√ Full Mobile App

◙ SUPPORTED PROJECTS

Kickstarter: Fund Your Favorite Creative Projects

Kickstarter empowers users to raise funds for innovative and artistic ventures across a wide range of creative fields, including Art, Comics, Crafts, Dance, Design, Fashion, Film & Video, Food, Games, Journalism, Music, Photography, Publishing, Technology, and Theater.

Key Features of Kickstarter

• Reward-Based Crowdfunding: Backers receive unique rewards or experiences in exchange for their support.

• All-or-Nothing Campaigns: Funds are only collected if the project meets its funding goal.

• Creators Retain Ownership: Project creators keep full ownership of their work and ideas.

Important: Kickstarter does not support equity crowdfunding, financial returns, or loan solicitations.

Three Core Kickstarter Rules

1. Projects must create Something to Share
Kickstarter projects are about bringing ideas to life — whether that’s art, gadgets, events, or experiences. Every campaign should have a clear plan to create and deliver something tangible or experiential to supporters. Creators should be able to say: “It’s finished. Here’s what we made.”

2. Projects must Be Honest and Transparent
Honesty is essential. Creators must provide clear, truthful information about their goals and plans. For complex products like gadgets, creators are required to show a working prototype; photorealistic renderings or mockups alone are not acceptable.

3. Projects cannot fundraise for Charity or Offer Financial Returns
Kickstarter campaigns cannot be used to raise money for charitable causes or offer financial incentives such as equity or repayment. Only creative projects with tangible rewards are allowed.

◙ SUPPORTED COUNTRIES

Project creators can launch campaigns on Kickstarter if they are residents of the following countries and meet these requirements:

Supported countries include:
United States, United Kingdom, Canada, Australia, New Zealand, Netherlands, Denmark, Ireland, Norway, Sweden, Germany, France, Spain, Italy, Austria, Belgium, Switzerland, and Luxembourg.

Eligibility criteria:

1. Must be 18 years or older.

2. Must be a permanent resident (individual or registered legal entity) of one of the supported countries.

3. Must have a valid address, bank account, and government-issued ID registered in the supported country.

4. Must hold a credit or debit card.

Note: While project creators must meet these requirements, Kickstarter welcomes backers from all over the world.

About Kickstarter

Founded in 2009 and headquartered in Greenpoint, Brooklyn, USA, Kickstarter is a pioneering platform dedicated to funding creative projects across a wide array of fields — including film, games, music, art, design, and technology. Since its inception, Kickstarter has raised over $1.8 billion, successfully funding more than 87,000 projects.

Kickstarter Fees

Kickstarter charges two main fees, which apply only to successfully funded projects:

1. Platform Fee: 5% of the total funds raised.

2. Payment Processing Fees: Approximately 3% plus $0.20 per pledge. (For pledges under $10, a discounted “micropledge” fee of 5% plus $0.05 per pledge applies.)

No fees are charged if a project does not meet its funding goal.

Withdrawing Funds

Once a project is successfully funded, backers’ payments are collected immediately. There is a 14-day period during which Kickstarter processes all pledges. After this window closes, funds are transferred directly to the project creator’s bank account. The transfer timing may vary depending on the bank.

Project Time Limits

Kickstarter operates on an all-or-nothing funding model — no backer is charged unless the project reaches its funding goal. This ensures creators have the full budget they need before moving forward.

• Funding period: Up to 90 days.

Additional Features

When a project is successfully funded, the creator is responsible for completing the project and delivering all promised rewards. Their primary obligation to backers is to fulfill their commitments.

In cases where a creator is unable to complete the project or deliver rewards as planned, they must make every reasonable effort to find alternative solutions to satisfy their backers.

◙CONTACT KICKSTARTER

Greenpoint, Brooklyn, USA

KICKSTARTER Partbers: This email address is being protected from spambots. You need JavaScript enabled to view it.

KICKSTARTER Website: www.KICKSTARTER.com

◙ Kickstarter Review