How Many Kickstarters Are Successful?

What percentage of Kickstarter campaigns fail?

9%Just 9% of successfully funded Kickstarter projects fail to deliver.

Almost one in 10 of fully funded projects on crowdfunding site Kickstarter fail to deliver rewards to their backers, according to new research..

Are kickstarters worth it?

Surprisingly, the all-or-nothing nature of Kickstarter is its greatest asset in ensuring projects hit their funding goal. … These are, by and large, the sort of projects Kickstarter excels at funding — projects where, if a certain amount of money isn’t raised, the project simply isn’t possible, or isn’t worth it.

What happens to the money in a failed Kickstarter?

If a Kickstarter project fails, no money is collected from the backers. Their credit cards are not charged unless the project is 100% funded. If you mean what happens if your reward isn’t delivered, you have recourse available through introducing a civil court case.

What is the best day to launch a Kickstarter?

Best Days. Weekdays work much better than weekends. Wednesday is the most the popular day for pledges. Usually creators launch on a Tuesday and end on a Thursday.

What are Kickstarter fees?

If your project is successfully funded, the following fees will be collected from your funding total: Kickstarter’s 5% fee, and payment processing fees (between 3% and 5%). If funding isn’t successful, there are no fees.

What is the best month to launch a Kickstarter project?

MayOn average, the best month to launch is May but only by a small margin compared to the rest of the months (excluding December). Since May is only marginally better, the data shows you can launch in any month besides December and run a successful campaign.

What is the most successful Kickstarter project ever?

The Pebble Time smartwatchThe Pebble Time smartwatch holds the all-time Kickstarter record, with $20,338,986 raised. On its launch, the Pebble Time was a solid, well-reviewed alternative to the Apple Watch.

How long do kickstarters last?

Projects on Kickstarter can last anywhere from 1 – 60 days. We’ve done some research, and found that projects lasting any longer are rarely successful. We recommend setting your campaign at 30 days or less.

What is the most money raised on Kickstarter?

These are the 10 most-funded Kickstarter projects to date, which the site shared with Moneyish.Pebble Time – $20,338,986.Coolest Cooler – $13,285,226. … Pebble 2, Time 2 – $12,779,843. … Kingdom Death: Monster 1.5 – $12,393,139. … Pebble E-Paper Watch for iPhone and Android – $10,266,845. … Travel Jacket – $9,192,055. … More items…•

What is the maximum amount you can borrow from Kickstarter?

$10,000The maximum amount you can pledge to a project is: US-based projects: $10,000.

Is there a minimum credit score for Kickstarter?

Lendio is a business financing platform that matches customers to funders, including SBA/PPP lenders. It has a relaxed credit score requirement, and there’s no fee for using the service.

Can you end a Kickstarter early?

Originally Answered: Could a project creator end funding early? Yes. You can simply close your rewards by limiting the number available to however many have currently been claimed. After I double my funding goal on my last Kickstarter, I decided I didn’t want any more backers, and that was the simplest solution.