Kickstarter nears $1 billion in total crowdfunding

Kickstarter Logo
Kickstarter is one of the largest websites related to crowdfunding. According to Kickstarter’s statistics page, it is nearing $1 billion in pledged dollars. This morning, Kickstarter was around $999,209,752, meaning that they are at around $791,000 away from the $1 billion milestone.

The $1 billion milestone is based on the “Successfully Funded” projects and projects in progress. The pledged money is only received if the campaign target goal is met. Of the $1 billion pledge, around $858 million was pledged to successfully funded projects. Over 135,270 campaigns launched on Kickstarter.

Around 43% of that number hit their funding goal. About 10% of the unfunded projects did not receive a single dollar. Kickstarter takes 5% of the successful campaigns, which means that Kickstarter made around $42 million from the successful projects.

[Source: Kickstarter Stats/TechCrunch]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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