This exclusive Crowdfunding Club for Kickstarter and Indiegogo serial backers offers a subscription-based service that indexes, segments and profiles investors by donation history and statistics, delivering vetted investors to product developers seeking funding on any major crowdfunding site. The club has grown to over 10,000 members since its launch in 2014.
The business operates on a crowdfunding monetization platform with low overhead and high margins. Its technology manages a private community of influential backers and indexes, segments, and profiles investors with a high donation history and statistics.
The business works outside of but in conjunction with Kickstarter and other crowdfund sites to deliver vetted investors to product developers seeking funding on any major crowdfunding site. Its supply and logistics primarily consist of managing and organizing the private community of backers.
MARKETING AND KEY METRICS
The target reaches its audience primarily through its website and word of mouth marketing from its highly active and influential backers.
The business primarily reaches its audience through its website and word of mouth marketing, which has seen exponential growth over the past 3 years.
The key metrics for this business are membership growth, amount of funding raised for crowdfunding projects, and the number of active and influential backers in the private community.
The customer base consists of product developers seeking funding on crowdfunding sites, as well as highly active and influential backers in the private community.
BUSINESS MODEL & RESOURCES NEEDED
The business is operated by one employee.
The crowdfunding industry is on track to account for more funding than venture capital, growing from $16 billion crowdfunded in 2014 to over $96 billion by 2020. The crowdfunding space has rapidly expanded across several types of funding models, including rewards, donations, equity, and debt/lending scenarios. Equity crowdfunding has sprung forth as the newest category of crowdfunding and is further accelerating this growth and disruption.
OPPORTUNITIES TO SCALE
There is a great opportunity for this business to scale by expanding its private community and membership base, as well as by expanding into other markets and crowdfunding categories.
Asking Price: $2,750,000
Gross Income: $995,025
Cash Flow: $759,156
Year Established: 2014