Crowdfunding For Good Now A Growing Global Movement

Wednesday, January 8, 2014

Imagine raising $17 million in one day.

Using the Razoo platform, GiveMN, a statewide crowdfunding campaign for Minnesota nonprofits, did just that on November 14, 2013, when over 52,000 individual donors combined to set a record for the most money raised in a single day through crowdfunding (as far I can tell).

Habitat for Humanity upped its crowdfunding game in 2013, bringing to a total of more than $5 million the money raised at Share.Humanity.org (which is powered by crowdfunding site Fundly).

Source: Forbes (link opens in a new window)

Categories
Entrepreneurship, Impact Assessment
Tags
crowdfunding, financial innovation, social impact