For years, small business owners often turned to traditional sources when it was time to raise money for their startups. From accredited investors and angel investors to business loans and venture capitalists, access to funding felt like it was limited to these more formal options.
But today? Crowdfunding is a far more mainstream financing choice. Thousands of entrepreneurs are turning to crowdfunding sites to finance their small businesses, and the U.S. saw $17.2 billion in crowdfunding revenue in 2020 alone.
Despite its growing popularity, crowdfunding can be intimidating for business owners—particularly when it comes to finding the best crowdfunding platform for their own fundraising campaigns.
Below are eight online fundraising sites that are worth checking out.