Ready-to-go Fundraising Software to Power Your Crowdfunding Marketplace
FundraiserTM is a fundraising software by NCrypted that enables you to create your own fundraising or crowdfunding website where you can invite fundraisers and donors (backers) to direct the crowd or people to raise fund for fundraiser's project(s). It is the platform where people from around the world can post their projects to raise fund from a crowd of investors. The concept is simple: a large number of people (the crowd) fund small amounts of money to accumulate into an investment large enough to finance a project.
NCrypted's FundraiserTM is highly, scalable, robust and user friendly crowdfunding platform, for raising fund for the new generating ideas worldwide and sharing them directly with all. Let me give you brief details about the list of admins, entrepreneur who will get complete advantage of the Fundraiser.
Why investors are pouring millions in fundraising websites?
Wannabe entrepreneurs face the biggest hurdle of obtaining funding for their startup and company. This situation gets worsen when they do not get a bank loan or any other investors to get them funded, which is understandable as the business is new, and without a product or traction there are no revenues. When banks, private investors, angels, venture capital (VC) firms don't show interest, it makes it worthwhile to explore the crowdfunding route. Thankfully the concept of crowdfunding is not new, only the online concept has taken up traction in recent years. Crowdfunding is where the money is raised in smaller amounts from multiple backers or investors. Many project owners have seen success with their fundraising initiatives through the crowdfunding route.
With the raising demand and the geist for fundraising, new startups have come up serving as a fundraising or crowdfunding marketplace and act as a middleman to do the matchmaking and facilitate fundraising transactions between the entrepreneurs and the investors. As of May 2019, Kickstarter has received more than $4 billion in fundraising pledges from 16.3 million backers to fund 445,000 projects.
How to make money with your fundraising software?
Fundraiser software works upon the 'Commission based' revenue model, so the entrepreneur or project owner receives a pre-decided percentage amount of commission from each project being funded successfully. For example - if funding goal is $1,000 and admin commission is 3% and if project is funded successfully then project creator will get $1,000 - $30 = $970. With each small projects getting pledged, the owner can make quick money growth. Moreover, Fundraiser is the ready to launch platform that lets you start your own crowdfunding website.
Fundraising Software for Different Crowdfunding Needs
Fundraiser is a highly scalable fundraising software and can easily be customized to serve to different needs. Some of our clients have used Fundraiser for the following verticals: