Mon, 7 March 2022
How to Choose a Crowdfunding Platform
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.
There are many platforms available for crowdfunding.
Consider these points in choosing one for your fundraise:
Set your fundraising goals so you know how much money you need to raise.
Do you want a general platform with broad coverage or a niche platform with deeper relationships?
In addition to funding, do you want product or brand exposure?
Determine any other requirements, such as finding mentors or partners.
Are you raising for a non-profit or a for-profit organization?
What is your budget for platform fees and marketing?
What level of marketing support do you want from the platform?
How much support do you need for building your campaign?
There are online tools that rate the platforms and provide performance data.
Check out these tools and determine your requirements before choosing a crowdfunding platform.
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