Fundly is a crowdfunding site for online fundraising. It allows non-profits, charities, politics, clubs, schools, teams, churches, and other causes to 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. Other sites like Fundly [1] include GoGetFunding, Indiegogo and Kickstarter.
 | |
Type of site | Crowdfunding |
|---|---|
| Available in | English |
| URL | fundly |
| Launched | 2009 |
The CEO of the company is Dennis Hu.[2] In 2011, Fundly obtained $2 million in seed funding using the on-line investor marketplace, AngelList.[3]
Notable projects
edit- 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.[4]
- Meg Whitman used Fundly to raise $20 million for her campaign for governor of California.[3]
Pricing
editFundly 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% [5]
Patents
editFundly has a patent pending on its fund raising technology.[6]
See also
editReferences
edit- ^ “GoFundMe Alternatives The Best Crowdfunding Platforms”, Idea Plotting, 18 June, 2020
- ^ Rahim Kanani, “Fundly.com is Transforming Online Philanthropic, Political and Individual Giving”, Forbes, 7 April, 2012
- ^ a b 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