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Last Updated: 06/21/2024

Fundable Crowdfunding

in Crowdfunding Sites from Fundable

Last Updated: 06/21/2024

Mostly not recommended6 total votes

2 users recommend

1 users are unsure

3 users don't recommend

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Highlights

Community Rating

Mostly not recommended

Processing Fee

$3.50

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Number of Reviews

Fundable Crowdfunding Review

The largest business crowdfunding platform dedicated exclusively to helping companies raise capital.

Fundable is a powerful fundraising platform that enables Startups to quickly engage a large network of Backers to raise capital.

How Fundable Works

Create a ProfileEach startup must create a Company Profile that provides an overview of the company, product, and funding goals. Newly created profiles are reviewed by the Fundable team to make sure that they are a good fit for the platform.

Choose Rewards or Equity (Set Fundraise Terms)Startups can offer potential backers Rewards or Equity in exchange for funding (but not both simultaneously). Rewards are items of value, such as a pre-order of a new product or services the startup can render in exchange for support. Equity is a share of stock in the company offered to a Backer in exchange for capital. A successful Rewards raise can be a great foundation of support for a subsequent Equity raise.

Market your FundraiseFundable is a powerful platform for marketing your fundraise. Utilizing our step-by-step Profile Creation Wizard, you can quickly showcase your company and begin sharing your fundraise with friends, family, colleagues, customers, and the media. By exposing your fundraise to a comprehensive support base, you increase your visibility and identify new channels of support. Ancillary benefits include new customers, a more engaged social following, and advocates in the media.

Gather Backer CommitmentsBackers can easily view your fundraise and commit funds to your company directly through your profile. For Rewards raises, the minimum commitment for Backers can be as little as $1, and backers can make a simple contribution via credit card. For Equity raises, the minimum commitment is $1,000. Equity commitments are processed offline (these are typically wire transfers and checks).

Collect FundsFundable uses an "all or nothing" fundraise model which means Startups must meet or surpass their goal in order to successfully collect funds. At the end of a Rewards fundraise, all funds are automatically collected and transferred to the Startups' bank account. For Equity, all commitments are processed offline after the close of fundraise.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message from Fundable Crowdfunding

Launch a Fundraise for Your Startup Online. We've helped startups raise over $615 million in funding commitments. Let us help you. Thousands of startups have used our services to launch their fundraise. Join today to learn the ins and outs of raising investor capital.

Contact

Headquarters

1322 Manning Parkway Powell

Ohio, OH 43065

(800) 799-6998

Visit Site

Email Support

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Marketplace Investing

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SuperMoney Net Recommendation Score

SuperMoney users mostly don't recommend this product, giving it a user recommendation score of -17, or 2.7 on a 5-point rating scale.

-17

-1000+100

No one recommends

Everyone recommends

The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

Fundable Crowdfunding Community Reviews

Would you recommend Fundable Crowdfunding to your friends?

Anonymous

Aug 31, 2023

May or may not recommend

I have not had any experience but as a strategy consultant, any move in support of clients businesses will get my support.

Darlington P.

Jul 22, 2023

May or may not recommend

Good day sir It it an opportunity to be here to experience funding ideas as part living not existing

Obbe L.

Sep 2, 2020

May or may not recommend

Old clunky user interface, scammy billing practices, a lot of fake investor profiles. FUNDABLE.com is being investigated by Ohio AG, where they are located.

John D.

May 28, 2020

May or may not recommend

I used a fundable some years ago. It is nothing but a scam. They promised everything when making a sale and delivered nothing. Basically what they did was made a design for the company presentation on fundable site. It was ok, but not great, had to rewrite parts of the text and redo parts of it. Then they give a list of supposed investors - these "investors" have no clue ...Show More

Anonymous

Sep 5, 2019

May or may not recommend

Fundable is running a dedicated scam site. They charge an up front fee for their service, they provide a presentation created with a template that is common across every company, and their list of investors is provided through a crunchbase search which can be obtained for a small fraction of their total fee. Their investor base on the site is non-existant. In fact, the site does not have actual investors ...Show More

Anonymous

Aug 3, 2015

May or may not recommend

Fundable is designed exclusively for business owners and entrepreneurs to obtain funding to launch or expand business ventures through crowdfunding. Fundable projects have been successfully funded for large sums -- hundreds of thousands of dollars, even one million dollars, so this is not just for bootstrap ventures.

Showing 6 of 6 reviews