Here is another interesting infographic that visually depicts a break-down of startup funding for 2014. While equity crowdfunding has captured more than a few headlines, the reality is that this new method of capital formation is still quite small and in its infancy. Â That’s ok though, as there is plenty room to grow.
This specific infographic is courtesy of the creative team at Fundable, a platform that claims “over $140 million committed to businesses” via their platform.
Some interesting bullets from this graphic:
- The majority of businesses are self-funded at 82%
- The balance of funding from one or more sources (according to the National Venture Capital Association) are as follows:
- Loans and Lines of Credit (@ 41 % each)
- Friends & Family 24%
- Crowdfunding 3%
- Venture Capital 1%
- Hottest sector for funding is Software followed by media / entertainment
- Crowdfunding boomed in 2014 (according to the Crowdfunding Centre) with a raise rate of $2 million / day
- Number one city for crowdfunding: Â San Francisco
- Number one state (or district) for crowdfunding: Washington, DC
