Who is Kickstarter competitor
Kickstarter is one of the largest crowdfunding marketplace in the world which provides the platform to creative project owners where they can fund their project through backers. However, it is not the only option in the market that clients can consider. However, many other platforms offer similar services but are aimed at activities in particular sectors, niche markets or financing types. So, if you are planning on crowdfunding, then knowing who Kickstarter’s competitors are will be very helpful in order to find the right platform for you.
What Is Kickstarter Known For?
First of all let’s take note of the main advantages that can summarize the character of Kickstarter:
- Focus on Creative Projects:
Creative projects dominate Kickstarter – everything from art to technology, games, music, and films. - All-or-Nothing Model:
Kickstarter is where project creators are required to get funding from backers, however, this can only be done if they achieve the set goal. - Global Reach:
Currently, Kickstarter has millions of backers from all over the world, and as such, it is suitable for any project with an interest in getting maximum attention.
However these features have placed Kickstarter among the apex of crowdfunding platforms; not every project is suitable for this platform. This is where competitors come in.
Who Are Kickstarter’s Competitors?
Here are some prominent alternatives to Kickstarter, each with unique offerings:
1. Indiegogo
The main competitor of Kickstarter is usually viewed to be Indiegogo because of its geographical spread and its orientation on innovation.
- Flexible Funding Options: Unlike kickstarter where the funding is all or nothing, there is an option provided by Indiegogo that restricts the creator to flexible funding meaning that he or she gets whatever she or he has fundraised for.
- Broader Project Categories: Indiegogo offers more flexibility for the projects where people are willing to receive the money for the charity or for their own needs.
- InDemand Feature: Patrons can provide support for creators beyond the life of the project, which Kickstarter does not allow.
Best For: Creators who need flexible funding or want to continue raising money post-campaign.
2. GoFundMe
GoFundMe is the go-to platform for personal fundraising and charitable causes, making it quite different from Kickstarter.
- Focus on Causes: It is most appropriate for use during the raising of funds to pay for medical bills, education or in support of a nonprofit organization.
- No Goal Requirements: Unlike Kickstarter, there’s no requirement to meet a specific funding target.
- User-Friendly: The main target of the platform is the clients who wouldn’t have much experience in crowdfunding.
Best For: Personal fundraising and nonprofit marketing.
3. Patreon
Patreon is a monthly platform aimed at helping people create funds from their content.
- Membership Model: In contrast to one time funding, patrons support the creators of their choice on a monthly or per work basis.
- Content Creators: It is most effective for YouTubers, Podcasters, content writers, and artists in particular.
- Direct Engagement: While on Patreon, focus is made on the foundation of a strong base of subscribers.
Best For: Those who need steady income and not one-time grants.
4. Crowdfunder
Crowdfunder is also basically an equity crowdfunding site and is different from Kickstarter.
- Equity for Backers: Unlike rewards or perks, backers are offered an ownership interest in the business that has been funded by them.
- Startup Funding: It targets young companies, start-ups and companies seeking capital.
- Professional Network: When using Crowdfunder, users are able to find other creators, investors, venture capitalists, and advisors.
Best For: Entrepreneurs and startups seeking equity-based funding.
5. Seedrs
Seedrs is another equity crowdfunding site that predominantly focuses on the targeted business enterprises in the UK as well as Europe.
- Regulated Platform: It complies with financial policies as it provides investors with clear information and strong financial returns.
- Wide Investor Base: Seedrs targets people who would want to be part of financing new and mainly small businesses and enterprises.
- Post-Campaign Support: Businesses can access additional resources for growth after the funding round.
Best For: European startups in search of equity funding.
6. Fundly
Fundly is designed to cater for personal as well as non-profit fundraising.
- Easy to Use: Probably because of its simplicity, it is suitable for individuals and small organizations.
- Social Media Integration: Fundly enables supplementing of social sharing tools to increase efficiency of the campaigns.
- No All-or-Nothing Model: Creators can get whatever they manage to raise and even if the goal is not achieved.
Best For: Individual political campaigns or awareness creation, charity and eminent persons’ solicitations.
7. StartEngine
StartEngine focuses on equity crowdfunding for startups and entrepreneurs.
- Equity and Debt Options: Creators can offer equity or debt investments to backers.
- Accredited and Non-Accredited Investors: As it has been established, StartEngine targets investors of all classes.
- Marketing Tools: The platform provides resources and tools enabling business owners to market campaigns successfully.
Best For: Startups looking for a platform with advanced fundraising tools..
8. Fundable
Fundable deals mainly with startup and small business crowdfunding, both rewards and equity.
- Business-Focused: Designed for startups and growing businesses.
- Flexible Funding Models: Choose between rewards-based campaigns or offering equity to investors.
- B2B Support: Provides resources tailored for entrepreneurs.
Best For: Entrepreneurs and businesses looking to raise funds through rewards or equity.
9. RocketHub
RocketHub offers a versatile platform for creative and entrepreneurial projects.
- Business and Creative Projects: Supports a wide range of campaign types.
- Project Liftoff Resource: Offers educational materials to improve campaign success rates.
- Cross-Border Campaigns: Available to creators all over the world.
Best For: Entrepreneurs and creators who want a straightforward platform with educational resources.
10. Ulule
Ulule is one of the most popular crowdfunding sites in Europe that hosts creative and communal projects.
- Community Engagement: Focus on building a community around projects.
- Success-Oriented: Provides consultation on making improvements to increase the effectiveness of the campaign.
- Multilingual Platform: Multilingual, especially provided services are in both English and in French.
Best For: European creators and community-driven projects.
11. Chuffed.org
Chuffed.org is a crowd funding website for Social Entrepreneurship causes and non-profit organizations as well as individual causes.
- Fee-Free Model: No platform fees for nonprofits.
- Impact-Focused: Tailored for campaigns making a social or environmental impact.
- Global Reach: Projects from all over the world are welcome.
Best For: Charities, non-profit organisations, and social businesses and projects driven by communities.
12. Kickstarter Republic
Kickstarter Republic now known as Republic provides equity crowdfunding for both startup and investor.
- Equity Investment: Merges startups with investors who want to invest by getting equity in exchange for their capital.
- Regulated Platform: Ensures compliance with investment regulations.
- Accessible to Everyday Investors: Allows non-accredited investors to participate.
Best For: Is mainly suitable for startups and individual entrepreneurs in search of equity funding.
13. Pozible
Pozible is an Australian based crowdfunding site where creators and nonprofit organizations can come to seek funds.
- Wide Range of Projects: Nevertheless, the fund supports campaigns for art, event and technology.
- Subscription Model: Offers options for ongoing funding similar to Patreon.
- Localized Focus: High exposure in the Australian and Asia-Pacific.
Best For: Australian creators and projects targeting regional backers.
14. WeFunder
WeFunder is an equity crowdfunding platform connecting startups with investors.
- Accessible to Everyone: Allows individuals to invest in startups with small contributions.
- Startup Community: Facilitates networking between entrepreneurs and backers.
- Support Resources: Provides educational tools for campaign creators.
Best For: Small businesses requiring capital from various investors as a stake in their business.
15. CircleUp
CircleUp works with consumer product firms and connects them with investors and industry experts.
- Specialized Niche: Designed for consumer product firms.
- Data-Driven Approach: Matches startups with investors using AI.
- Venture Capital Access: Merges businesses with venture capital firms.
Best For: Businesses that deal in consumer products and require funding as well as industry expertise.
16. Kiva
Kiva is an online micro financing marketplace which allows people to borrow money for small business and individuals without interest.
- Loan-Based Model: Backers fund projects through microloans rather than donations or investments.
- Global Outreach: Offers support to underrepresented entrepreneurs worldwide.
- Social Impact: Designed specifically with the small business and community at its center.
Best For: Entrepreneurs and small businesses looking for loan-based funding.
17. Experiment
Experiment is a niche platform dedicated to funding scientific research and innovation.
- Scientific Focus: Is solely used for research purposes.
- Transparent Campaigns: Promotes effective communication between researchers and their financiers.
- Educational Component: The backers get the latest information on scientific advancement.
Best For: Students and professionals looking for backers for a new research program or study.
18. Crowdcube
Crowdcube is one of the most popular equity crowdfunding platforms in Europe.
- Equity Model: Investors receive shares in the companies they support.
- Transparent Platform: Emphasises the demand for transparency and legal requirements.
- Wide Investor Base: Is suitable for attracting individuals as well as institutional investors.
Best For: European businesses looking for equity investment.
19. ArtistShare
ArtistShare is one of the pioneers of crowdfunding services being created especially for musicians and other artists.
- Artistic Projects: Covers music and movies and other more.
- Rewards-Based Model: Backers receive unique perks like exclusive content or personalized experiences.
- Legacy of Success: Famous for backing Grammy winners in their projects.
Best For: Emerging and professional artists seeking resources for Arts and creative projects.
20. CrowdRise
GoFundMe is a crowd-funding service for charitable organizations, currently it has an application called CrowdRise.
- Charity Focus: Focused on Non-profit organization.
- Corporate Sponsorships: Allows businesses to host charitable initiatives.
- Event Fundraising: Combined tools for marathons, galas, and all other events.
Best For: Nonprofits and charities running large-scale campaigns or events.
21. Patreon
Patreon allows creators to receive ongoing support through subscriptions.
- Membership Model: Creators offer exclusive perks to monthly subscribers.
- Diverse Audience: Supports artists, podcasters, writers, and more.
- Creator-Focused: Tools to manage communities and deliver content.
Best For: Producers seeking a constant and sustainable source of funding for their creations from their fans.
22. SeedInvest
SeedInvest specializes in equity crowdfunding for startups.
- Rigorous Screening: Only high-quality startups are featured.
- Equity Investment: Business backers invest in their businesses in return for equity stakes.
- Accredited and Non-Accredited Investors: Open to a wider audience.
Best For: Startups seeking serious investors for long-term growth.
23. LendingClub
LendingClub offers peer to peer lending for personal loans and small business loans.
- Loan-Based Model: Loan customers hence access funds that they have to pay back, the interest included.
- Small Businesses and Individuals: Most suitable where one requires credit as opposed to grant.
- Flexible Terms: Loans structured according to the client’s requirements.
Best For: Businessmen or anybody who needs capital but they don’t have an incentive to offer rewards or stock.
24. FirstGiving
FirstGiving is a specialized fundraising website designed for nonprofit organizations.
- Charity-Specific: Designed to support nonprofit campaigns.
- Event Fundraising: It is suitable for marathon, charity, running and galas.
- Donor Engagement: Targeted on the development of relationships with the donor group.
Best For: People and organizations especially the nonprofit organization in search of appropriate tools to use for fundraising purposes.
25. StartEngine
StartEngine is a platform that offers equity crowdfunding services that connects startups with investors.
- Equity-Based Funding: Offers shares in exchange for investment.
- Investor Education: Provides resources to inform backers..
- Wide Reach: Works across industries, including tech and retail.
Best For: Startups that want to raise capital through equity offerings.
26. Fundrazr
Fundrazr is a comprehensive platform for personal and nonprofit crowdfunding.
- Social Integration: Strong emphasis on sharing campaigns via social media.
- Customizable Pages: Branding options for organizations.
- Wide Use Cases: Suitable for personal, creative, and nonprofit campaigns.
Best For: Personal fundraisers and nonprofits looking for customizable campaign options.
27. EquityNet
EquityNet is an equity based crowdfunding platform designed for startups and small businesses.
- Business Model Analysis: Offers business plan creation tools for startups.
- Investor Access: Connects entrepreneurs with angel investors and venture capitalists.
- Patent-Pending System: Uses proprietary tools to enhance funding success.
Best For: Startups in need of equity-based funding with advanced planning tools.
28. Causes
Causes is a crowdfunding and social networking platform for advocacy and nonprofits.
- Advocacy-Oriented: Tailored for campaigns with a social or environmental focus.
- Community Building: Facilitates communication between among minded supporters.
- Global Access: Open to projects worldwide.
Best For: Social justice folks and charity organizations.
29. iFundWomen
iFundWomen focuses on women-led businesses and initiatives.
- Female Entrepreneurs: A website for women artists and musicians.
- Coaching and Resources: Provides business consulting and training services.
- Rewards-Based Crowdfunding: Backers receive perks for their contributions.
Best For: Women entrepreneurs and startups looking for tailored support.
30. Plumfund
Plumfund is a free platform for personal and group crowdfunding.
- No Platform Fees: Fundraisers keep more of their money.
- Event and Gift Focused: Ideal for weddings, baby showers, and group gifts.
- Simple Interface: Easy setup and management of campaigns.
Best For: Personal causes and gift-related crowdfunding.
Conclusion
Kickstarter is well recognized as one of the most successful platforms of crowdfunding, but it is not the only one. Depending on your goals, competitors like Indiegogo, GoFundMe, Patreon, and Crowdfunder offer unique advantages. Knowing the strengths of these alternatives lets you choose the platform best for your needs and thus provide your project with the necessary chance for success.
Whether you’re launching a creative endeavor, raising money for a personal cause, or seeking startup funding, there’s a crowdfunding platform tailored to your vision. Research your options carefully and choose the one that will help you bring your project to life.