Most crowdfunding platforms, whether they’re equity or reward crowdfunding, take a percentage of the funds you raise. Fundable takes a different approach. It charges a flat monthly subscription. As long as you’re subscribed, you can create campaigns to raise money (though Fundable will have to manually approve your campaign after verifying it meets its terms and conditions).
Fundable’s flat fee makes it a great deal for many successful crowdfunding campaigns. If you set a goal of just $3,580, that fee comes out to about 5% of what you raise (comparable to other platforms). If you make it to $10,000, the fee is less than 2%.
The only problem? You pay the fee whether you’re successful or not. (If you do an equity campaign, you at least get to keep whatever you raised.) A failed campaign will lose you money, so Fundable is best for startups that have a lot of confidence in their ideas and want to run an equity campaign.
And if you’d like a little extra help with your campaign, Fundable offers consulting services. It will do everything from design assets to market your campaign. These consulting services do cost more than Fundable’s monthly fee, but you’ll have to contact Fundable to get the exact cost for your startup.