Top crowdfunding sites for entrepreneurs
Black Enterprise magazine Fall 2019 issue

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Indiegogo

Launched in 2008, and based in San Francisco and New York City, Indiegogo is now a major player in the realm of rewards-based crowdfunding.

The company does not disclose the total amount raised on the site, but a spokesperson says they distribute “millions of dollars a week in 224 countries.”

Indiegogo typically funds projects ranging from films to businesses. It’s also extremely popular with women entrepreneurs. The site reports that female crowdfunders have had particular success on the site, with 47% of its fully-funded campaigns run by women.

Fundraisers pay between 4% and 9% of the money they raise to the site depending on whether they hit their goal. Those who fall short keep the money but pay 9%.

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