Funding Volume From Crowdfunding Increased 91% In 2012

Total funding volume for worldwide crowdfunding platforms (CFP) increased 91% last year, from an estimated $1.4 billion in 2011 to $2.8 billion in 2012. This includes a 300% growth in equity-based and reward-based crowdfunding, 75% growth in lending-based crowdfunding, and 50% growth in donation-based crowdfunding. During 2011, CFPs ran more than one million successful campaigns. These findings were reported in the industry report, “Crowdfunding Industry Report: Market Trends, Composition and Crowdfunding Platforms,” released by Crowdsourcing.org, an initiative of Massolution. The industry survey was conducted during the first quarter of 2012, and was based . . .