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Add to SafariWhen comparing Gofundme vs Crowdfunder, the Slant community recommends Crowdfunder for most people. In the question“What are the best ways to crowdfund a project?” Crowdfunder is ranked 3rd while Gofundme is ranked 6th. The most important reason people chose Crowdfunder is:
With a monthly membership, users can receive one on one success coaching in order to reach their goals faster.
Question Ranking
Pros
Pro Simple interface
Gofundme's interface seems to be the most simple out of all the crowdfunding platforms.
Pro Allows the promotion of a variety of causes
Whether the cause is medical, educational, or something productive, Gofundme will let users request crowdfunding.
Pro One-on-one coaching
With a monthly membership, users can receive one on one success coaching in order to reach their goals faster.
Pro No fees taken from raised money
Once an investor pledges money, 100% of it goes to the startup. Aside from monthly membership, there are no fees.
Cons
Con Deducts 5% + 2.9-3.5%
Donors don't ever have to pay fees, but a 5% flat fee and 2.9-3.5% processing fee will be deducted from total donations.
Con Membership is expensive
No fees are applied to pledges because startups are required to pay $299/mo if they want to earn up to $500,000, or $999/mo to have unlimited access to investment. For small projects, this is expensive. However, other crowdfunding platforms charge around 5%, meaning that the fee applied $500,000 would be about $25,000 instead of $299.
