Technology and Tools to Help Your Business Crowdfund with Ease
Crowdfunding has come a long way since its early days. No longer do you see the random
person asking for money to help with an adoption or cancer treatment; now you see
everything from small startups to successful musicians using crowdfunding to raise the money
they need for their next venture. You can use crowd funding to start a business, or you can use
it to get the money for a new product launch.
While the opportunities for crowdfunding have grown, so too have the tools that are available
to make successful crowdfunding a little easier. Whether you are brand new to crowdfunding
or you have already led a few successful campaigns, you should consider using some of these
tools to make your next crowdfunding proect a little easier!
"sure #oftware is designed to help you better manage your team and your resources, helping
you meet your goals during a crowdfunding campaign or any proect you are trying to
$his software offers cloud%based solutions that allows you to track scheduling, attendance,
space booking, and more. You can use it to manage your assets, and you can even access
analytics to help you make smart decisions that better utili&e your resources and time to meet
'roper use of this software can help you save time and money, which allows you to maximi&e
the impact from your crowdfunding.
(undable is a site that allows you to crowdfund from investors, not ust the average )oe.
*+owever, friends, family and even customers still have the opportunity to invest if they want
You set up a profile and define your goals ust like you do on other crowdfunding sites.
+owever, unlike some other sites, (undable allows you to choose between reward%based
funding or e-uity funding. .eward%based funding offers investors something back for their
particular level of support, such as the first run of the product you are creating. /-uity funding
provides a larger return for investors in the form of profit sharing or other e-uity. /-uity
funding is reserved for campaigns seeking donations of 01,222 or more from each investor.
#eed3nvest is both a crowdfunding site and a resource management tool. $he site allows
companies to actually connect with and pitch to potential investors through virtual meetings.
$hose looking for funding can also use the site4s social media and advertising tools to reach
more potential investors.
$he standards for using #eed3nvest are a little more stringent than some other crowdfunding
sites, which is also what attracts more serious investors. $o use the site, you must have at least
two full%time employees, a proof of concept, and a minimum viable product.
5any crowdfunding sites charge steep fines that can significantly cut into the startup funding
you are able to collect. Not "ngel6ist.
$his site includes a network of specific investors that cover the setup costs and interests for
the fundraising. $hese investors are called syndicates, and they most often throw their support
behind startups that have already built some traction, including having a reputable off%line
6ike other crowdfunding sites, all you need to get started on the site is a profile. +owever, the
better your profile is, the more likely you will be to attract syndicates and other investors.
3f you have a business that sells software or that operates in the media, gaming, entertainment,
mobile, social, or green tech industries, you might want to consider crowdfunding on
$his site helps companies raise between 0182,222 and 01 million from accredited and non%
accredited investors. /ven established companies like (acebook have used the site to raise
capital for specific proects.
You4ll need to apply to the site and have some clout to be accepted. You4ll submit information
about your business idea, your market, your team, the traction you have gained, and more. 3f
you are approved, it typically takes about six weeks to raise the money you need.
#ometimes, your biggest allies are the same people who could be seen as your competitors.
3nstead of looking to potential customers or investors for your funding, why not ask your
fellow entrepreneurs9 $hat4s the idea behind 'eerbackers.
3n addition to connecting you with entrepreneurs and other innovators for funding, the site
also offers support for startups. You can attend workshops, speaking engagements, and more
to network, get support, and educate yourself to grow your business. $he site also offers
consulting services and marketing. 'eerbackers tries to help businesses not ust get the money
they need, but also get the tools and skills they need to succeed.
3f you have been pounding the pavement only to be reected again and again by the venture
capitalists in your area, consider using one of these services to crowdfund the capital you need
or to manage your fundraising. :y taking advantage of opportunities that give you more
reach, you increase your chances for success.
Do you know what software can help your crowdfunding campaign? Find out how technology and toold can help your business crowdfund.