Crowdfunding Statistics

Facts to keep in mind when starting a campaign:

Source: fundera.com

○ 42% of funds are raised in the first and last three days of an average crowdfunding campaign.

○ Crowdfunding campaigns that raise at least 30% of their goal within their first week are more likely to reach their goal.

○ An average crowdfunding campaign lasts 9 weeks.

○ Successful crowdfunding campaigns take an average of 11 days to prepare.

○ Overall crowdfunding projects have an average of 47 backers.

○ Fully funded crowdfunding projects have an average of 300 backers.

○ Successful crowdfunding campaigns have raised $28,656 on average.

○ The average pledge for fully funded projects is $96.

○ The average pledge for all crowdfunding projects is $88.

○ Crowdfunding campaigns with videos earn 105% more than those without videos.

○ Adding personal information to your campaign could get you 79% more backers.

○ The average word count for successful crowdfunding campaigns is 300 to 500 words

○ Campaigns that updated followers regularly raised 126% more than those with no updates.

○ 53% of email shares of crowdfunding campaigns convert into donations.

○ 12% of Facebook shares convert to donations.

○ 3% of Twitter shares convert to donations.

○ A successful campaign admin posts an average of 4 times throughout their campaign.

○ $17.2 billion is generated yearly through crowdfunding in North America.

○ Funds raised through crowdfunding grew 33.7% last year.

○ There were 6,455,080 worldwide crowdfunding campaigns last year.

○ The crowdfunding market is projected to grow to $300 billion by 2030.

○ Team-driven crowdfunding campaigns raise 38% more than solo campaigns.