For the full article, visit crowdfundinsider.com
Some interesting data points from the report include:
More than 4m backers pledged more than $351m and raised more than $291m
A new crowdfunding project is created every 3 minutes, with around 500 new projects created every day.
Global crowdfunding is growing steadily, more than doubling every 60 days.
There are between 18,000 and 22,000 projects open and funding at any one time.
All or Nothing campaigns tend to raise more: the average amount projects have raised successfully across platforms is $7,145.01, but that figure drops to $4,516.46 when you include flexible funding projects.
People invest more on equity crowdfunding platforms. The average Kickstarter campaign raises $19,000 from 253 people, whereas the average Crowdcube campaign raises $311,000 from 117 people.