Crowdfunding App Business

4 Crowdfunding App Business Success Stories [2024]

Pat Walls

•

Updated: October 9th, 2024

Looking for a way to connect projects with the funds they need to succeed? Consider creating a crowdfunding app. This business idea centers on developing a platform where startups, creative projects, and community initiatives can gain financial backing from a vast pool of supporters.

Imagine facilitating countless dreams by providing a user-friendly app that enables individuals and organizations to pitch their ideas and attract micro-investments. Building this app involves a solid understanding of tech development, seamless user interface design, and robust financial transaction systems to ensure secure and easy monetary exchanges.

This is an opportunity for tech enthusiasts and entrepreneurial spirits to play a pivotal role in bringing innovative ideas to life. If you're ready to step into the world of startups and funding, a crowdfunding app can place you right at the intersection of innovation and community support, offering immense potential for growth and impact.

In this list, you'll find real-world crowdfunding app business success stories and very profitable examples of starting a crowdfunding app business that makes money.

1. Kosmos Innovation Centre ($4.8M/year)

Howard Marks, the founder and CEO of StartEngine, came up with the idea for his business after experiencing the difficulties of finding capital for startups firsthand. As an investor himself, he wanted to support entrepreneurs in Los Angeles and realized that an accelerator model could be effective. When the JOBS Act was signed into law, allowing for equity crowdfunding, Marks decided to pivot and create an equity crowdfunding platform, using the name and reputation of StartEngine. Since its launch, StartEngine has helped over 265 companies raise close to $100 million from a community of 190,000 users.

How much money it makes: $4.8M/year
How many people on the team: 22

How We Built And Launched A $100M Equity Crowdfunding Platform

StartEngine has helped over 265 companies raise capital from a community of 190,000 users on their equity crowdfunding platform, and has raised almost $100M to date, offering equity, debt, convertible note, and other types of securities to investors.

Read this case study

Read by 8,874 founders

2. The Crowdfunding Formula ($3.6M/year)

Narek Vardanyan, the founder of The Crowdfunding Formula (TCF), came up with the idea for his business after experiencing the collapse of the Soviet Union in Armenia. He started a project with a friend but struggled to raise funds on Kickstarter. Determined to learn how to run successful campaigns, he conducted interviews with successful creators, published a bestselling book, and eventually started managing crowdfunding campaigns. TCF quickly became the biggest agency on the market, raising millions of dollars for creators and expanding into an ecosystem of companies and products that support consumer hardware innovation.

How much money it makes: $3.6M/year
How much did it cost to start: $10K
How many people on the team: 87

I Make $4M/Year Helping People Run Successful Crowdfunding Campaigns

Co-founder and CEO of The Crowdfunding Formula, Narek Vardanyan, has grown his startup from a crowdfunding marketing agency to a full ecosystem of companies and products supporting consumer hardware innovation, generating over $4M in annual revenue and helping creators overcome barriers to entry.

Read this case study

Read by 4,062 founders

3. MintMe ($120K/year)

Artur Makowka came up with the idea for MintMe while working as a Unix engineer and realizing the potential of his personal project, a free hosting service. In 2014, he decided to focus on his own ideas and grew the hosting company to become the largest free hosting service in Poland. In 2018, he created his own cryptocurrency called Webchain and later launched MintMe as a crowdfunding and exchange platform.

How much money it makes: $120K/year
How much did it cost to start: $100K
How many people on the team: 29

On Creating An Ecosystem For The Creation Of Tokens And Digital Coins

MintMe revolutionizes the crypto-crowdfunding space by offering a platform for both token creators and supporters to earn money through token trading, boasting over 1 million users worldwide and attracting clients through direct engagement and continuous improvements.

Read this case study

Read by 5,296 founders

4. Miventure ($60K/year)

Jason Crystal and Luiggi Pera founded Miventure based on their passion for democratizing investing and supporting early-stage startups. Initially focused on small business debt, they discovered a stronger market in investment crowdfunding, particularly in the friends and family round. Since launching their equity crowdfunding mobile app, Miventure has attracted over 2,000 potential investors and has 7 active campaigns with over $500,000 in funding capacity.

How much money it makes: $60K/year
How much did it cost to start: $1M
How many people on the team: 3

How We Created A $15K/Month Equity Crowdfunding Platform To Invest In Startups

Miventure, an equity crowdfunding app, has raised over $500,000 in funding from 2,000 potential investors since launching a month ago, with one campaign already reaching its minimum funding goal and six campaigns remaining active.

Read this case study

Read by 4,933 founders