Fundable: The Ultimate Crowdfunding Platform for Startups
If you’re an entrepreneur or a startup founder, then you know how challenging it is to secure funding for your business. The process of raising capital can be daunting, time-consuming and often requires a lot of resources. But thanks to crowdfunding platforms like Fundable, startups can now raise funds from their friends, family members, and the general public.
In this post, we’ll take a closer look at Fundable – one of the leading crowdfunding platforms and explore how it works, its features and benefits that make it ideal for entrepreneurs.
What is Fundable?
Fundable was founded in 2012 as an equity-based crowdfunding platform primarily designed to help small businesses raise seed-stage capital. In 2016, they evolved into an all-in-one crowdfunding solution that allows startups to raise both equity and rewards-based funding.
One key difference between Fundable and other crowdfunding sites is that instead of sending contributors perks such as t-shirts or mugs like with rewards-based campaigns on Kickstarter or GoFundMe; contributors receive equity shares in the company which makes them shareholders.
How Does It Work?
Firstly, startups create profiles on the platform where they provide detailed information about their business idea including market size, target audience demographics among other details. They also set fundraising goals which are usually flexible meaning they can adjust targets based on contributions made during the campaign period.
Once a profile is approved by Fundable’s team after reviewing regulatory compliance requirements such as SEC rules (US Securities Exchange Commission), campaigns go live allowing entrepreneurs to begin promoting their projects through social media channels email marketing even paid advertising if desired.
Campaigns run for up to 90 days giving enough time for entrepreneurs to reach out to potential investors who come across their campaign through various channels on the platform.
Features & Benefits
1) Equity-Based Crowdfunding: Unlike reward-based sites like Kickstarter where people back your project but don’t have any stake in it, Fundable allows founders to offer equity in their company which makes them shareholders. This means that investors stand to gain a return on investment if the startup succeeds.
2) All-in-one solution: Fundable is an all-in-one crowdfunding platform that offers both equity and rewards-based funding options. This means startups can choose either of these approaches based on their goals.
3) Regulatory Compliance: As a registered broker-dealer, Fundable ensures that all campaigns are compliant with SEC regulations making it a safe and secure option for entrepreneurs looking to raise funds from the public.
4) Investor Network: Fundable has an extensive network of investors including accredited angel investors, venture capitalists, and institutional investors who are actively seeking opportunities to invest in successful startups. This makes it easier for startups to get access to capital through the platform.
5) Premium Services: For those businesses needing additional support with their fundraising efforts, Fundable offers premium services such as campaign strategy development, marketing support and investor relations management among others.
Conclusion
In conclusion, Fundable is undoubtedly one of the most versatile crowdfunding platforms available today for entrepreneurs looking for financial backing for their business ideas. With its innovative approach towards fundraising – offering both equity-based as well as rewards-based funding options – coupled with its broad network of potential investors; startups can now potentially reach millions of people worldwide who may be interested in investing in their companies.