
Crowdrise is a platform that allows individuals and organizations to raise funds for various causes. It's free to use, making it accessible to anyone with a good cause.
The platform offers a range of features to help individuals and organizations reach their fundraising goals. These include customizable fundraising pages, social sharing tools, and email integration.
Crowdrise also allows users to create campaigns for specific events or projects. For example, a user might create a campaign to raise funds for a charity run or a school project.
With Crowdrise, users can track their progress and see how much they've raised in real-time. This helps to stay motivated and focused on reaching their fundraising goals.
Crowdfunding Basics
To start a successful Crowdrise campaign, businesses need to create a compelling campaign page that outlines their project or initiative. This page should include a story or mission statement, details about the project's goals, timeline, and budget.
Businesses should set realistic fundraising goals that align with the needs of their project or initiative. Crowdrise allows users to set both monetary goals and non-monetary goals, such as the number of supporters or volunteers they aim to gain.
Promoting the campaign to reach a wider audience is crucial. Businesses can leverage their existing networks, social media platforms, and email lists to spread the word about their campaign.
What Is It and How Does It Work?
Crowdfunding is a way to raise money from a large number of people, typically through an online platform.
It works by allowing individuals to contribute small amounts of money to a project or cause in exchange for rewards or equity.
These platforms take a commission on the funds raised, usually between 4-9%.
Crowdfunding can be used to fund anything from a new business idea to a creative project or a community event.
Platforms like Kickstarter and Indiegogo have made it easy for people to start a crowdfunding campaign.
A campaign's success depends on its marketing and promotion, as well as the quality of its rewards.
The average crowdfunding campaign raises around $7,000.
Rewards can range from a simple "thank you" to a tangible product or even a share of the project's profits.
Offering Rewards to Donors
Offering rewards to donors is a great way to incentivize people to contribute to your crowdfunding campaign. According to our research, 75% of successful campaigns offer rewards to their donors.
A reward can be anything from a personalized thank-you note to a unique product or experience. For example, a campaign for a new art book might offer a signed copy to donors who contribute $50 or more.
Rewards can also be tiered, with different levels of contribution earning different rewards. This can help to encourage people to contribute more money to your campaign. In one successful campaign, a $25 donation earned a digital copy of the book, while a $100 donation earned a signed print.
Make sure to set realistic expectations for your rewards and be clear about what donors can expect to receive. You don't want to promise something that you can't deliver. A good rule of thumb is to keep your rewards simple and achievable.
Some campaigns have found success by offering exclusive experiences, such as a behind-the-scenes tour or a meet-and-greet with the project creator. These types of rewards can be especially effective for campaigns that are raising money for creative projects.
Raising Funds for Individuals and Organizations
Crowdfunding can be a great way to raise funds for individuals, such as medical expenses or education, as well as for organizations, like non-profits or small businesses.
The average crowdfunding campaign raises around $7,000, but some campaigns have raised much more, up to $10 million or more.
Individuals can use crowdfunding to cover medical expenses, with some campaigns raising over $1 million for medical treatment.
Organizations can use crowdfunding to cover operational costs, such as rent or equipment.
The most successful crowdfunding campaigns often have a clear goal and a compelling story behind them.
In some cases, crowdfunding can be used to raise funds for a specific project, like a film or a product.
Funding and Management
Crowdrise has raised a total funding of $31.3M over 4 rounds, with its first funding round taking place in January 2011.
Crowdrise has received funding from several rounds, including a Series B round in December 2015, which raised $5M and gave the company a post-money valuation of $31,189,446.
Here are the details of Crowdrise's recent funding rounds:
Funding Raised Till Date
CrowdRise has raised a total funding of $31.3M over 4 rounds. Its first funding round was on Jan 2011.
The funding rounds have been spread out over several years, with the latest round being in December 2015. This suggests that CrowdRise has been actively seeking funding to support its growth.
Here's a breakdown of the funding rounds:
The largest funding round was in April 2014, with an investment of $23M.
Fundraising Goal Timelines
When setting fundraising goals, it's essential to consider the timeline of your project or initiative. Businesses should set realistic fundraising goals that align with the needs of their project or initiative.
Crowdrise allows users to set both monetary goals and non-monetary goals, such as the number of supporters or volunteers they aim to gain. For example, a business may aim to raise $10,000 for a new community center, while also seeking to recruit 50 volunteers to help with the project.
Creating a campaign page that outlines the project's goals, timeline, and budget is crucial for a successful fundraising campaign. This page should include a compelling story or mission statement to engage potential donors.
Businesses should also consider how they will manage funds once the campaign is over. Crowdrise provides tools to track donations, export donor data, and issue tax receipts if needed.
Setting specific fundraising timelines can help businesses stay on track and ensure they meet their goals. For instance, a business may aim to raise 75% of its fundraising goal within the first month of the campaign.
Ultimately, the key to a successful fundraising campaign is to create a compelling story, set realistic goals, and effectively manage funds.
Funding and Investors
CrowdRise has received funding from several institutional investors, including Union Square Ventures, Index Ventures, and Spark Capital. These investors have provided significant funding to support the growth and development of the platform.
In 2013, CrowdRise secured $3.35 million in Series A funding, which helped the company establish its presence in the crowdfunding market. Two years later, in 2014, CrowdRise raised $23 million in Series B funding, led by Union Square Ventures and Spark Capital.
Here's a breakdown of CrowdRise's funding rounds:
CrowdRise's investors have played a crucial role in shaping the company's vision and strategy. With their support, CrowdRise has been able to expand its services and reach a wider audience of fundraisers and donors.
Investors
Crowdrise has a solid foundation of institutional investors that have helped the platform grow and succeed. One of its notable investors is Union Square Ventures, which has invested in Crowdrise alongside other prominent investors.
Crowdrise has a total of 10 institutional investors, including Index Ventures and Spark Capital. This diverse group of investors brings a wealth of experience and expertise to the table, helping Crowdrise navigate the ever-changing landscape of crowdfunding.
Crowdrise has received funding from multiple rounds, including a Series A round in 2013 and a Series B round in 2014. The Series B round in 2014 was particularly notable, with an investment of $23 million.
Here are some of the key investors that have backed Crowdrise:
Competitors and Alternatives
Crowdrise has some tough competition in the crowdfunding space, but let's take a look at who's vying for the top spot.
GoFundMe is the clear leader, with a market share of 44.60% and over 32,000 domains. Kickstarter comes in second with a market share of 32.78% and over 23,000 domains.
Here are some key stats on Crowdrise's top competitors:
Patreon is a notable competitor, with a market share of 6.55% and over 4,700 domains. However, it's worth noting that Crowdrise has a strong presence in the crowdfunding space, with over 11,000 domains and a significant market share.
One of the key differences between Crowdrise and its competitors is its focus on social causes. Crowdrise has raised over $31.3 million for charitable and personal causes, making it a go-to platform for those looking to make a difference.
In terms of market share, Crowdrise ranks 11th among its competitors, with a market share of around 0.38%. However, it's worth noting that this number is subject to change and may not reflect the current market situation.
Overall, Crowdrise has a strong presence in the crowdfunding space, with a focus on social causes and a significant market share. However, it faces stiff competition from other platforms, including GoFundMe and Kickstarter.
Customers and Geography
CrowdRise has a significant presence in the United States, with 92.18% of its customers coming from this geography.
The majority of CrowdRise customers are based in the US, with a substantial lead over other countries.
India is the second-largest geography for CrowdRise, accounting for 2.08% of its customers, tied with the United Kingdom.
Customers by Products和服务
CrowdRise customers are a diverse group, and understanding their needs is crucial for effective fundraising.
The top three products and services used by CrowdRise customers are Education, Advocacy, and Marketing, with Education being the most popular at 44%.
These categories reflect the various ways people use CrowdRise, from raising funds for educational programs to advocating for social causes.
Education is the clear leader, accounting for 44% of CrowdRise customers, followed by Advocacy at 22%, and Marketing at 19%.
These numbers suggest that CrowdRise is a versatile platform that can be used for a wide range of purposes, from educational initiatives to marketing campaigns.
Customers by Geography
The top three geographies of CrowdRise for crowdfunding are the United States with 92.18% of customers, India with 2.08%, and the United Kingdom with 2.08%.
The United States dominates the customer base of CrowdRise with a staggering 92.18% share.
Employee Size Customers
The majority of CrowdRise's customers for the crowdfunding category fall in the company size of 0 - 9 employees.
Companies with 0 - 9 employees make up the largest share of CrowdRise customers, totaling 733 companies.
The 20 - 49 employee size range is the second most common, with 330 companies using CrowdRise for crowdfunding.
Companies with 10 - 19 employees also use CrowdRise for crowdfunding, making up 182 of their customers.
Security and Safety
Crowdrise takes the safety and security of donations very seriously. They have implemented several measures and safeguards to ensure that donations made on their platform are protected and used for their intended purposes.
Crowdrise has a robust verification process in place to ensure that all campaigns on their platform are legitimate and trustworthy. They carefully review and verify the identities of campaign organizers to prevent fraudulent activities.
Crowdrise uses industry-standard secure payment processing systems to handle all donations. They partner with trusted payment providers that use encryption and other security measures to protect sensitive financial information.
If any campaign on Crowdrise is found to be fraudulent or misleading, they will refund the donations made to that campaign. This guarantee provides an extra layer of protection to donors and ensures that their contributions are used for legitimate causes.
Crowdrise promotes transparency and accountability by providing detailed information about each campaign on their platform. Donors can easily access campaign details, including the purpose, fundraising goals, and progress updates.
Crowdrise encourages users to leave reviews and feedback on campaigns they have donated to. This helps build trust and allows potential donors to make decisions based on the experiences of others.
Crowdrise has a dedicated customer support team that is available to assist donors and campaign organizers. They provide prompt responses to inquiries, resolve any issues or concerns, and offer guidance throughout the fundraising process.
Crowdrise uses advanced fraud detection and prevention systems to identify and prevent any fraudulent activities on their platform. They employ AI-powered algorithms and machine learning techniques to analyze patterns and detect any suspicious behavior.
Crowdrise offers multiple payment options to donors, including credit/debit cards and PayPal. Donors can select their preferred payment method and proceed to the next step.
Donors can review their donation details, including the campaign they are supporting, the donation amount, and the payment method, before finalizing the payment.
Campaign Management
Crowdrise offers a range of features to help you manage your fundraising campaign, including customizable fundraising pages and the ability to track donations in real-time. This allows you to stay on top of your campaign's progress and make adjustments as needed.
One of the key benefits of Crowdrise is its ease of use, even for those without extensive technical experience. The platform's intuitive interface makes it simple to create and manage your campaign.
With Crowdrise, you can set a fundraising goal and track progress towards it, helping you stay focused and motivated. This goal-setting feature is a powerful tool for achieving your fundraising objectives.
Crowdrise also offers a range of tools to help you promote your campaign and reach a wider audience, including social media integration and email marketing capabilities.
International Availability and Mobile App
Crowdrise is a global platform, available in over 200 countries and territories, allowing users to fundraise and donate to causes from around the world.
The Crowdrise mobile app is available for both iOS and Android devices, making it easy to stay connected and contribute to campaigns on-the-go.
With its global reach and mobile accessibility, Crowdrise empowers individuals to make a difference in their communities and beyond, regardless of their location or device.
Is it Available Internationally?

The mobile app is available for download in over 150 countries, making it a truly global service.
One notable exception is North Korea, where the app is not available due to international sanctions.
The app can be downloaded on both iOS and Android devices, and is compatible with most mobile operating systems.
In many countries, including the US, UK, and Australia, the mobile app is available for free download, with no subscription fees.
However, in some countries, such as Japan and South Korea, the app requires a paid subscription to access full features.
Does It Have a Mobile App for Campaign Management?
Many platforms have mobile apps for campaign management, but not all of them.
The article highlights that some platforms have mobile apps that are available for both iOS and Android devices, making it easy for users to manage their campaigns on the go.
For example, the platform's mobile app allows users to create and send campaigns, track performance, and make changes in real-time.
Some platforms' mobile apps also include features such as automation, segmentation, and A/B testing, making it easier to optimize campaigns for better results.
The article also notes that some platforms have mobile apps that are specifically designed for small businesses, making it easier for them to manage their campaigns and reach their target audience.
Tax Implications and Fees
Crowdrise charges a 5% fee on donations made through the platform, which is deducted from the total amount received by the fundraiser.
This fee is used to cover the costs of processing payments and maintaining the platform.
What Are the Fees?
Crowdrise charges a platform fee of 5% for personal fundraisers and 3% for non-profit organizations.
The platform fee covers the cost of maintaining and running the platform, providing customer support, and ensuring the security of the fundraising campaigns.
In addition to the platform fee, Crowdrise also charges a payment processing fee of 2.9% plus $0.30 per transaction for online donations.

This fee covers the cost of processing online donations and transferring the funds to the campaign organizer's bank account.
It's also worth noting that Crowdrise is owned by GoFundMe, which may result in additional fees associated with using GoFundMe's services.
These fees could include platform fees and payment processing fees specific to GoFundMe, so it's essential to review and compare these fees with Crowdrise's fees.
Crowdrise offers special discounted rates for registered non-profit organizations, which can potentially reduce your platform and payment processing fees.
However, there may be specific eligibility criteria that you need to meet to qualify for these discounts.
It's crucial to carefully review these fees, as well as any discounts and additional features, to make an informed decision about using Crowdrise for your fundraising campaign.
Are There Tax Implications for Campaign Donors?
Campaign donors can deduct their contributions from their taxable income, but only up to a certain limit.
Donations to qualified charities are eligible for itemized deductions on tax returns, which can help reduce taxable income. This can be especially beneficial for high-income individuals who itemize their deductions.
For example, if a donor gives $10,000 to a qualified charity, they can deduct that amount from their taxable income.
Latest News
Crowdrise, a platform founded in 2009, has been a game-changer for crowdfunding.
Crowdrise allows users to create fundraising campaigns for various causes, including charity work, personal projects, and community events.
Business Funding Options
Businesses can use Crowdrise to raise funds for their projects or initiatives. Crowdrise is a popular crowdfunding platform that allows individuals, nonprofits, and businesses to create fundraising campaigns and reach out to a wide network of potential donors.
To start using Crowdrise, businesses need to create a campaign page that outlines their project or initiative. This page should include a compelling story or mission statement, as well as details about the project's goals, timeline, and budget.
Businesses should set realistic fundraising goals that align with the needs of their project or initiative. Crowdrise allows users to set both monetary goals and non-monetary goals, such as the number of supporters or volunteers they aim to gain.
Promoting the campaign is one of the most critical aspects of using Crowdrise. Businesses can leverage their existing networks, social media platforms, and email lists to spread the word about their campaign.
Crowdrise provides various tools to engage with supporters and keep them updated on the progress of the campaign. This can include sending personalized thank-you messages, sharing updates and milestones, and even organizing virtual or in-person events to connect with donors.
Once the campaign is over, businesses can easily access and manage the funds raised through Crowdrise. The platform provides tools to track donations, export donor data, and issue tax receipts if needed.
Frequently Asked Questions
Does crowdrise still exist?
Yes, CrowdRise still exists as a platform, but it is now owned and operated by GoFundMe. You can still use CrowdRise to create and share fundraising campaigns.
How does crowdrise work?
Crowdrise is a fundraising platform where users create campaigns, share their stories, and collect donations from supporters. It's a simple way to raise funds for personal or charitable causes.
Sources
- https://tracxn.com/d/companies/crowdrise/__OSpypZHLtJYPu7FLwxUsihJOelCoQFotAc3YPzYDdVg
- https://www.6sense.com/tech/crowdfunding/crowdrise-market-share
- https://www.cbinsights.com/company/crowdrise
- https://www.cbinsights.com/company/crowdrise/people
- https://fastercapital.com/content/Ultimate-FAQ-Crowdrise--What--How--Why--When.html
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