2,926 crowdsourcing and crowdfunding sites
Funding Circle, the London-based P2B online lending platform, announced on Wednesday that it’s raised $150 million in a Series E round. While the terms of the deal weren’t disclosed, the raise reportedly values the company at over $1 billion.
Title II, Title IV, intrastate exemptions, and even rewards-based crowdfunding — entrepreneurs looking to raise cash now have a variety of ways to do so from the crowd. This has led some to wonder whether there are still holes in the crowdfunding ecosystem that Title III crowdfunding can fill.
Freelancer, the Sydney-based crowdsourced labor marketplace, recently published its jobs report for Q1, showing the job postings on the rise and those on the decline. The company, which recently hit the 15 million users milestone, has given its users access to over 7.5 million projects valued at over $2.2 billion (though not all of these had fulfilled).
Intrastate crowdfunding efforts are becoming much more commonplace, with the majority of states now having enacted intrastate exemptions, or considering them. One of the more interesting proposed exemptions has been introduced in South Carolina, sponsored by Rep. Dwight Loftis, who is the chairman of the House Committee on Economic Development. The proposed bill, HB 3088, would not only allow accredited and non-accredited state residents to invest in South Carolina businesses, but it would also provide tax incentives for investors.
CameraLends is an up-and-coming sharing economy company that connects individuals looking to rent cameras and microphones with those who are not currently using their equipment. To find out more about the company and how it cultivates trust among its members, we sent some questions to the company's founder, Adam Derewecki. His answers, after the jump.
99designs, a leading crowdsourced design platform, announced earlier today that it has raised $10 million in a Series B round. The round was led by Recruit Strategic Partners. Accel, the lead investor in 99designs’s 2011 Series A, also participated in the raise.
Crowdcube, one of the UK’s leading equity crowdfunding platforms, recently released its funding numbers for January, February, and March. The company revealed that it’s funded 36 total businesses (8 startup, 17 early-stage, and 11 growth businesses) to the tune of £17.5 million ($26 million), with a total of £24 million ($35.5 million) invested through the site. For comparison, Crowdcube raised £35 million for 105 businesses in all of 2014.
eYeka, the Paris-based crowdsourcing platform, released The State of Crowdsourcing 2015 report today, examining some of the key trends in corporate crowdsourcing. The report looks at two data sets: crowdsourcing efforts undertaken by the 100 Best Global Brands (a list created by brand consultancy Interbrand) since 2004, as well as the crowdsourcing activity of the top ten fast moving consumer goods (FMCG) companies in 2013 and 2014. We look at the results and speak with eYeka's CEO Francois Petavy.
How is the internet changing the game for investors, and what potential is there in the global real estate crowdfunding? The Wealth Migrate CEO Scott Picken recently appeared on CNBC Africa to answer these questions and many more. Check out the interview after the jump, and for more information on real estate crowdfunding, don’t miss your chance to order Massolution’s 2015CF-RE Crowdfunding for Real Estate Report.
RealtyShares, a real estate crowdfunding platform for accredited investors, announced yesterday that it’s raised $10 million in a Series A round from Menlo Ventures and General Catalyst Partners. The company has previously raised $1.9 million in a seed round led by General Catalyst.
Kickstarter has launched Campus, a place for project creators to come together and share information on everything from how to determine the right funding goal to set, to finding the best places to get custom shirts made. Campus is open only to those who have created a project, or are in the process of making one.
Last week’s announcement that the SEC voted to implement the proposed Regulation A rule changes (commonly referred to as Regulation A+) was a big confidence boost for the crowdfunding industry. How did crowdfunding get to this point, and how successful were the biggest campaigns? In order to help those who are just beginning to follow the crowdfunding space, the US-based platform Crowdfunder released an infographic providing the historical context to the rule change.
In this Crowd Coffee: crowdfunding becoming popular for accredited investors; crowd funds LSD, MDMA research; Google Ventures-backed Trada shuts down; crowdsourcing the perfect Easter cake; and more.
The Pebble Time smartwatch campaign is entering the homestretch. With over $20 million raised, the record-breaking campaign will be over in under 12 hours. Campaigns typically tend to see a boost in the last hours, as those on the fence decide to jump in and pledge, and the same is likely to take place with the Time. Given that the watches are practically complete, there should be no delays in shipping — something that hurt Pebble’s previous campaign.
Crowdcube announced earlier this week that it’s launched the 'Sprint Program' to make it easier for seed stage startups to raise money from the crowd. The platform says the first company to make use of the Sprint Program, an almond milk company called The Pressery, was able to raise £150,000 in under two hours.
SEC commissioners unanimously voted this morning to implement the proposed Regulation A rule changes commonly referred to as Regulation A+. The changes are a part of the JOBS Act, which was voted into law nearly three years ago.
One of the clearest signs that crowdfunding for real estate is beginning to enter the mainstream is that it was one of the biggest topics at the real estate conference MIPIM, which took place last week in France. The global real estate platform Wealth Migrate had a great presence at the conference, with the founder Scott Picken taking part in the panel ‘Crowdfunding: Industry game-changer?’ You can watch the discussion, as well as Picken's pitch for global real estate crowdfunding, after the jump.
DirecTV has tapped Tongal’s creative crowdsourcing community to create a feature-length “Next Great American Documentary,” which will premiere in over 20 million households. Crowdsourcing provides media firms with an opportunity to find potentially high-quality content at affordable prices and with lower risk, as the crowd is not only creating, but also voting on the content.
A crowdfunding platform opened on Wednesday amid more controversy than is usual for new platforms' beta launches. The platform, FanAngel, allows users to pledge money for amateur and professional sport causes. While the platform's goals are admirably ambitious, its chances at success may be slim. Read all about it after the jump.
OurCrowd, the Israel-based equity crowdfunding firm, and UPenn’s Wharton school announced on Tuesday that they’re combining forces to support impact investing. The collaboration is meant to expand the Wharton Social Venture Fund, which allows students to “select, curate, and diligence investments that will change the world.” With impact investing beginning to mature just as crowdfunding itself is coming into its own, it’s hardly surprising that many see the two as very compatible.