10 Facts About Indiegogo

1.

Indiegogo allows people to solicit funds for an idea, charity, or start-up business.

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2.

In 2014, Indiegogo launched Indiegogo Life, a service that people can use to raise money for emergencies, medical expenses, celebrations, or other life events.

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3.

In June 2012, Indiegogo raised a $15 million Series A round from Insight Ventures, Khosla Ventures and Steve Schoettler, Zynga's co-founder.

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4.

Indiegogo was succeeded by former Reddit core-product leader Andy Yang.

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5.

Indiegogo doesn't provide prospective backers with any means to contact campaigns to ask questions or make suggestions before they decide to participate.

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6.

Indiegogo offers direct credit card payment acceptance through their own portal.

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7.

In February 2014, Indiegogo launched an unsuccessful funding campaign for the Wikipedia Books Project, which had planned to print the entire English Wikipedia in book form later in the year.

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8.

In 2014, Indiegogo introduced their Forever Funding program, which allows crowdfunding campaigns to continue to raise funds after their initial campaign period has ended, which was later renamed "InDemand".

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9.

Indiegogo has looser guidelines than Kickstarter, letting users fund campaigns that Kickstarter would not, for instance Kickstarter does not allow funding of Healthcare projects.

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10.

Indiegogo has been criticized for not protecting backers from scammers.

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