FundRazr hosts charitable, business and personal crowdfunding campaigns. In addition to their standard crowdfunding campaigns, they also offer something to business/corporate clients that is unique in the crowdfunding field: Crowdfunding as a Service.
Crowdfunding as a Service allows businesses to host fundraising campaigns on your own websites, under their brand (rather than FundRazr’s). It’s essentially a white-label crowdfunding package. This way, you can host campaigns.
FundRazr hosts crowdfunding campaigns based on a rewards model, similar to Kickstarter.
FundRazr refers to rewards as “Incentives” and lets you offer four different types of Incentives:
Perks: A t-shirt, a mention on social media, a button — basically anything of value
Products: Anything you’ve created/manufactured for sale
Tickets: A ticket to any type of event
Wishes: A request for funding for a specific item. The only “reward” here for donors is self-satisfaction, but it is classified as an Incentive nonetheless.
FundRazr categorizes the fundraising campaigns on their site as follows:
- Accidents & Disasters
- Alumni & Clubs
- Animals & Humane
- Arts & Creative
- Business & Entrepreneurial
- Celebrations & Weddings
- Community & Volunteer
- Education & Schools
- Faith & Missions
- Family & Kids
- Health & Illness
- Legal
- Memorials & Funerals
- Non-Profits
- Politics
- Sports & Competitions
- Travel
- Veterans & Heroes
Easy and quick fundraising page setup
FundRazr makes it easy to build custom, mobile-friendly and easy-to-launch fundraising pages. The pages allow you to tell your story, specify the fundraising goal, and upload videos & images to enrich your message. It also features vital tools such as payment functionality, donation button, customizable content, and social media sharing for successful fundraising.
Powerful social media
Another impressive feature of FundRazr is the powerful social media toolset. The toolset includes reliable features such as built-in sharing tools, automated campaign milestone updates, and integration with popular social media channels. The extensive social media tools help your supporters spread the world about your space thereby increasing your online visibility.
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Fees
It’s free to create and launch a campaign on Fundrazr. Contributors pay no fee. Recipients pay a 5% FundRazr fee plus a processing fee of 2.9% + 30¢ per transaction.
While FundRazr’s pricing and fees are not outrageous, they certainly aren’t on the cheaper end of the spectrum. Charging 5% plus a processing fee of 2.9% +$.30 per transaction won’t exactly have potential users on the edge of their seats anxious to be involved with the company-especially when there are less expensive options out there. There is, however, there’s no fee for uncompleted projects that did not reach their goal.