South West based rewards crowdfunding platform, Crowdfunder has confirmed that it has raised over £1.5m for UK projects – and grown by a factor of 15 in the last 12 months. Accompanied by a report from The Crowdfunding Centre stating that Crowdfunder.co.uk has more projects than all other UK platforms, Crowdfunder was pleased to claim the number one position – challenging global giants Kickstarter and Indiegogo.
NESTA, the UK’s leading enterprise charity, reported that the UK rewards based crowdfunding market grew by 388% in 2013. And the new research from The Crowdfunding Centre research says that the UK market grew more than 160% in funds raised between February and March, and 90% in January.
Crowdfunder Managing Director Phil Geraghty commented on the new information. “These new stats support the huge surge in growth crowdfunder.co.uk is experiencing. Our unique approach to crowdfunding is delivering huge results and having a massive impact on businesses, communities, charities and social entrepreneurs across the UK.”
Founder of The Crowdfunding Centre, Barry James, said, “The data shows that Crowdfunder is now the dominant UK-based Reward Crowdfunding platform with more projects than the all other UK based rewards platforms combined – so giving the American behemoths Kickstarter and Indiegogo a run for their money on UK soil.”
Lindsey Hall, Co-Director of RIO praised their success. “It’s great to see Crowdfunder getting the national recognition they deserve. For those that don’t know, they are based in Cornwall, they’re very approachable and lovely to work with. If you have any potential crowdfunding projects, get in touch with them.”