2013 The Year Of The Crowdfunding Gold Rush

Ben Franklin $100 Bill2012 was an amazing year for crowdfunding. Within the span of a three month period (March – May 2012), the largest crowdfunding sites including Kickstarter, Indiegogo, Grow VC, and Rockethub doubled their daily traffic and donation volumes.

Between 2008 and 2011, Kickstarter’s issuers raised over $200 million in sales. In 2012, the site raised an additional $145 million. On Indiegogo, another popular crowdfunding site, campaigns raised 20% more money in 2012 than they did in 2011. Substantial growth was also seen in the debt crowdfuding industry. Between 2007 and 2011, the LendingClub (the largest U.S. peer-to-peer lender) facilitated the lending of more than $1 billion dollars. In 2012, the LendingClub grew by an additional $1 billion.

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Source: Sys-Con by Bob Gourley

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