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From Wikipedia, the free encyclopedia

Fundly
Type of site
Crowdfunding
Available inEnglish
URLfundly.com
Launched2009

Fundly is a crowdfunding site for online fundraising. It allows non-profits, charities, politics, clubs, schools, teams, churches, and other causes to raise money online from friends, family, colleagues, donors, and other supporters via email, Facebook, Twitter, LinkedIn, Google, and social media networks. It is also an app for social networks like Facebook and LinkedIn. It uses WePay to process donations. Donors are charged when they make a donation. Other sites like Fundly [1] include GoGetFunding, Indiegogo and Kickstarter.

The CEO of the company is Dennis Hu.[2] In 2011, Fundly obtained $2 million in seed funding using the on-line investor marketplace, AngelList.[3]

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Transcription

Notable projects

  • A Very Jersey Xmas is a 2012 fund raiser sponsored by New Jersey natives living in the San Francisco Bay Area for relief of victims of Hurricane Sandy. Donors are invited to parties where they dress up as their favorite Jersey character.[4]
  • Meg Whitman used Fundly to raise $20 million for her campaign for governor of California.[3]

Pricing

Fundly charges fees based on the scale of the fundraiser. Individual campaigns are charged 4.9% of the funds collected, plus 3% credit card fees. Campaigns that reach certain donation levels receive discounts on the fee percentage that Fundly charges. Campaign donations raised from $50,001 to $500,000 are charged 4.4%, donations raised from $500,001 to $1,000,000 are charged 3.9% and every donation raised over $1,000,000 is charged 2.9% [5]

Patents

Fundly has a patent pending on its fund raising technology.[6]

See also

References

External links

This page was last edited on 7 March 2024, at 17:54
Basis of this page is in Wikipedia. Text is available under the CC BY-SA 3.0 Unported License. Non-text media are available under their specified licenses. Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc. WIKI 2 is an independent company and has no affiliation with Wikimedia Foundation.