Through Indiegogo, Becuzz was able to fund 102% of its funding goal. Becuzz: A microfinancing platform that allows individuals to fund small goals between $10-$599.
The following app-based crowdfunding campaigns were able to successfully fund their campaigns on Indiegogo: With enough effort though, success is possible even for app startups.
#KICKSTARTER ALTERNATIVES SOFTWARE#
Donors on this platform seem to prefer social causes and physical products over software and apps. App Crowdfunding?Īlthough Indigogo is one of the largest and most well-known Kickstarter alternatives, it is extremely tough for app startups to raise money on this platform. For businesses that are seeking investors as opposed to donors, Indiegogo provides a valuable opportunity to secure funding in exchange for a small ownership percentage. Furthermore, all-or-nothing campaigns attracted 188 backers on average, while keep-it-all campaigns attracted around 73.Īnother major difference between the two platforms is that Indiegogo also allows for equity-based crowdfunding, while Kickstarter only allows for rewards-based opportunities. In a study of 22,875 crowdfunding campaigns, each of which was trying to raise between $5,000 and $200,000, those who used a keep-it-all model only met their funding goals 17% of the time, while 34% of all-or-nothing campaigns hit their fundraising goals. However, all-or-nothing campaigns typically have better results than keep-it-all campaigns. The most notable of these is the ability to access funds even if the campaign has not been fully funded. In comparison to Kickstarter, Indiegogo features several unique features.
Software and app startups, on the other hand, don’t usually share the same success. Hardware innovations and cause-related campaigns often do extremely well on the platform. For certain types of businesses and projects, Kickstarter is a great place to introduce new concepts to an audience and raise the money needed to bring them to life. Kickstarter crowned itself as king of crowdfunding early on, giving entrepreneurs and creatives a space to raise early funds for their ventures.