Crowdonomic is Singapore’s latest startup crowdfunding site. But will it work?

January 28, 2013 @ 2:36 am By JD Alois

Crowdonomic, the latest crowdfunding site from Singapore, launches to help startups raise money. But how viable is crowdfunding as a source of financing?

Earlier last week, Crowdonomic launched as Singapore’s first professionally run reward-based crowdfunding service, with 6 fundraising campaigns by home-grown start-ups, each targeting to raise up to S$30,000 from their supporters. With the reward-based crowdfunding platform, startups raise funds from the public and reward their supporters in various ways, for example by granting early access to the next release of a popular game or a new product.

Leo Shimada, founder of Crowdonomic, shared that their ultimate goal is to help entrepreneurs address a key pain point: the funding gap.

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 24, 2026 vs Jan 1, 2025 - Oct 24, 2025

Number of Filings131Prior 126 +4.0%

Target Raise, Total$3.40BPrior $3.54B -3.9%

	This YTD	Year prior	Change
Filings	131	126	+4.0%
Target raise	$3.40B	$3.54B	-3.9%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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