Brief: Athletes Raise Nearly $400,000 on GoFundMe to Prepare For the 2016 Rio de Janeiro Summer Olympics

June 23, 2016 @ 3:13 pm By Samantha Hurst

GoFundMe announced last week that athletes are taking to its global crowdfunding platform to raise funds as they prepare to make their way to the 2016 Rio de Janeiro Summer Olympics.

The funding portal revealed over the past several months, nearly 100 athletes have raised nearly $400,000 as they work to qualify and compete in Brazil. In an effort to help the Olympic hopefuls, GoFundMe revealed that it created a hub to connect its giving community of 25 million donors with the athletes training to compete in the games.

GoFundMe CEO Rob Solomon commented:

“As a former athlete myself, it’s exciting to see these young competitors on the road to Rio turn to GoFundMe to achieve their dreams. I hope others are inspired to join our giving community and support these athletes.”

To see the full list of athletes and their campaigns, click here.

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 23, 2026 vs Jan 1, 2025 - Oct 23, 2025

Number of Filings131Prior 125 +4.8%

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

	This YTD	Year prior	Change
Filings	131	125	+4.8%
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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