Average crowdfunding goal by industry

Crowdfunding is not for the shy

Excerpt taken from EquityNet Blog.  Read the full article Here.

"Accredited investors can be people with $1 million or more in assets or anyone with annual income more than $200,000.

However, when anyone can invest, with limits based on their income, crowdfunding could expand exponentially. Hollas sees the relaxation of the rules and the larger investor base as something that will help young companies grow and boost the economy, while bypassing venture capitalists and banks.

'The No. 1 reason of business failures is access to capital,' Hollas said. 'Being inadequately capitalized limits success … Less than 5 percent of U.S. companies have the growth rate that venture capitalists want to see. Only about 20 percent have the tangible collateral, or equipment, banks need to make loans.'

That leaves about 80 percent of companies that could use investments from the public at large. Since 2013, companies legally could advertise their need for crowdfunding but could accept it only from accredited investors."

Crowdfunding Chart

To browse the average funding goal by industry, See the Chart.  

The crowdfunding statistics and trends presented on EquityNet are based on a sampling of over 5,000 businesses that used EquityNet’s crowdfunding platform from 2007 to 2014.