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Kickstarter

Wednesday, 15 May 2013 | 8:24 AM ET
Disruptors Providing Next-Gen Financial Services
CircleUp, Kickstarter, Lending Club, Square, Wealthfront -- Companies recognized as CNBC Disruptors because of the way they are changing how we spend, fund, transfer money.

What
A new way to fund creative projects, from films, games and music to art, design and technology. Applies a 5 percent fee to the total amount raised from successfully funded projects.

Disrupting
Traditional financing model, across industries, including media, technology and publishing.

Source: Kickstarter

Headquarters: New York
CEO: Perry Chen
Year Founded: 2009
Number of Employees: 60
Funding: N/A
Key Investors: Union Square Ventures, Thrive Capital, Betaworks and Jack Dorsey

Vital Stats

  • 98,247 projects (as of May 14, 2013)
  • $611 million in total dollars committed to projects
  • Project success rate: 43.9 percent
  • Successfully funded projects: 41,302
  • Projects raising more than $1 million: 31
  • Most projects in the $1,000 to $10,000 range
  • Unsuccessfully funded projects: 52,706
  • $606.75 pledged per minute in 2012
  • Projects funded in 177 countries (90 percent of the world)
  • Music had most projects; gaming most money, a $83 million
  • Gaming startup Ouya raised $8 million on Kickstarter and recently graduated to a round of venture capital

Featured

Contact CNBC Disruptors

  • Email: cnbcdisruptor@nbcuni.com

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