Fundly
| Web address | www |
|---|---|
| Slogan | Crowdfunding For All |
|
Type of site
|
Crowdfunding |
| Available in | English |
| Launched | 2009 |
Fundly is a crowdfunding site for online fundraising of all sizes. Fundly makes it easy for non-profits, charities, politics, clubs, schools, teams, churches, and many other causes to quickly raise money online from friends, family, colleagues, donors, and other supporters via email, Facebook, Twitter, LinkedIn, Google, and social media networks. It is also an app for social networks like Facebook and LinkedIn. It uses WePay to process donations. Donors are charged when they make a donation.
It is “the world’s largest and most widely-adopted social fundraising platform.” They have raised more than $305 million and enabled more than 42,000 campaigns led by individuals, volunteer groups and nonprofit organizations of all sizes, as of June 2013. Its CEO is Dennis Hu.[1] In 2011, Fundly obtained $2 million in seed funding using the on-line investor marketplace, AngelList.[2]
Notable projects
- A Very Jersey Xmas is a 2012 fund raiser sponsored by New Jersey natives living in the San Francisco Bay Area for relief of victims of Hurricane Sandy. Donors are invited to parties where they dress up as their favorite Jersey character.[3]
- Meg Whitman used Fundly to raise $20 million for her campaign for governor of California.[2]
Pricing
Fundly charges fees based on the scale of the fundraiser. Individual campaigns are charged 4.9% of the funds collected, plus 3% credit card fees. Campaigns that reach certain donation levels receive discounts on the fee percentage that Fundly charges. Campaign donations raised from $50,001 to $500,000 are charged 4.4%, donations raised from $500,001 to $1,000,000 are charged 3.9% and every donation raised over $1,000,000 is charged 2.9% [4]
Patents
Fundly has a patent pending on its fund raising technology. [5]
See also
References
- ↑ Rahim Kanani, “Fundly.com is Transforming Online Philanthropic, Political and Individual Giving”, Forbes, 7 April, 2012
- ↑ 2.0 2.1 Rip Empson, “Social Fundraising Site Fundly Raises $2 Million of its Own”, Techcrunch, 24 February 2011.
- ↑ Bruce Newman, “New Jersey natives in Bay Area hold Superstorm Sandy relief benefit”, San Jose Mercury News, 1 December 2012
- ↑ Fundly Pricing
- ↑ Mark Glaser, “Fundly + Facebook = Millions in Micro-Donations for Campaigns”, MediaShift, 30 November 2010
