Kickstarter vs Indiegogo vs Patreon Crowdfunding 2019

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What are the differences between Kickstarter, Indiegogo and Patreon? What crowdfunding platform should you choose to fund your project? Are there any other crowdfunding sites worth to try? On this page you will find the answer to all this questions as we review the crowdfunding sites and what they have to offer.

What is a crowdfunding website? A crowdfunding website is a place where you can raise money for your idea or project via the Internet. Typically, the funding is provided by a large number of people who each contribute a relatively small amount. Most of the time, if the project is successfully funded, the project backers will receive something in return for their contribution. The largest crowdfunding websites are Kickstarter, Indiegogo and Patreon (not really a crowdfunding website by definition).

What does Kickstarter offer

Kickstarter is a one of the most popular crowdfunding websites with over 100,000 successful projects that raised over US $2.0 billions in under 9 years since they first launched the platform in 2009. Nowadays, Kickstarter offers one of the most used and trusted crowdfunding platforms on the market for creators of all sorts of projects, the platform is mostly used for projects that target film, music, gaming and technology. As a creator on Kickstarter you will receive an unique URL / webpage where you will be able to promote your project, if the project created by you is successful you will give five percent of the money to Kickstarter.

What does Indiegogo offer

Indiegogo was launched in 2008 with one year earlier than Kickstarter, since 2009 this two platforms fight for supremacy in the crowdfunding world. Indiegogo provides a friendly and easy to use crowdfunding platform trusted by many creators of all types of projects. They still offer the same type of services that they provided since the day they launched the platform, namely, a webpage for creators where they can raise money for their projects, if the crowdfunding campaign is successful the creators need to give five percent of the money to Indiegogo.

What does Patreon offer

Patreon started in 2013 and they have grown really fast in the eyes of creators, this platform is very popular among Youtube video creators. Patreon approach to crowdfunding is different, they provide a subscription crowdfunding model, this type of crowdfunding gives the chance to have a steady monthly income if you as a creator can attract a good number of backers that will donate money to your cause. Creators need to give five percent of the money to Patreon.

What are the differences between Kickstarter, Indiegogo and Patreon?

The main differences between Kickstarter, Indiegogo and Patreon are about their approach to money and when you get it. Kickstarter campaigns are based on all-or-nothing funding, this means that if a campaign didn't raised the targeted amount of money the creator will not receive any money.

Indiegogo, on the other hand, gives the opportunity to receive funding as it comes or you can wait until the end of the campaign and receive whatever amount was raised for the project.

On Patreon you don't even need to have a project to start raising money. Another difference between Kickstarter, Indiegogo and Patreon is the campaign review approval process, Kickstarter review for projects is around 2-3 days while on Indiegogo and Patreon you can start right away.

What crowdfunding platform should you choose to fund your project?

Kickstarter is only built for creative projects like the development of a product or service, if the project for which you want to raise money is not about a product or service then you can not use Kickstarter, this limited options makes Kickstarter ideal for tech and gaming projects.

On Indiegogo you can raise money for everything and on Patreon you can raise money for yourself and your future ideas.

Are there any other crowdfunding sites worth to try?

If Kickstarter, Indiegogo or Patreon are not a good option to fund your project, then you can try RocketHub (ideal to raise money for development) or GoFundMe (raise money for yourself).

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