We head into our fifth week of crowdfunding pledges tracking above better than the average amount of pledges raised! Despite the Coronavirus pandemic, crowdfunding projects are still launching and backers are still pledging well into the first week of May.
You can see in the chart below the five sections of spikes in red (total number of pledges across all project categories) surpassing the dotted “Goal” line, which represents the average funds raised in 2019. Between each large red spike, there are small dips below the goal line, but these dips are normal and there is nothing to be alarmed by—it is typical for pledges to dip as we head into the weekend, and pick back up during the weekday.
The technology category (in teal) took a slight dip one day in the middle of April, which could be due to a creator cancelling their project or possibly creators extending their Kickstarter project deadlines—but since then, the technology category has picked back up on backer pledges again.
Some highlights of projects that launched this past week and are currently trending from Monday, April 27 – Sunday May 3:
Tabletop Games
Tapeworm by Edmund McMillen
Raised $525,095 from 9,239 backers with 24 days to go
Trending to raise $1,094,236
2 campaigns created
Resident Evil™ 3: The Board Game by Steamforged Games Ltd
Raised $624,002 from 5,719 backers with 9 days to go
Trending to raise $1,023,780
7 campaigns created
Steampunk Rally Fusion by Gavan Brown of Roxley Games
Raised $307,676 from 3,331 backers with 10 days to go
Trending to raise $576,657
6 campaigns created
Design
OYO NOVA Gym by Paul Francis
Raised $1,122,709 from 7,219 backers with 1 month to go
Trending to raise $2,822,653
2 campaigns created
The Groove Belt™ by Groove Life by Peter Goodwin
Raised $267,262 from 5,734 backers with 22 days to go
Trending to raise $673,731
3 campaigns created
Hitch by Remaker Labs
Raised $174,611 from 2,339 backers with 23 days to go
Trending to raise $396,059
First campaign created
Technology
World’s smallest world-wide 100W GaN fast charger by Homing Systems
Raised $75,527 from 1,143 backers with 28 days to go
Trending to raise $305,842
3 campaigns created
offGrid by birdkids
Raised $85,240 from 83 backers with 22 days to go
Trending to raise $196,776
3 campaigns created
Joué Play by Joué
Raised $105,654 from 325 backers with 1 month to go
Trending to raise $287,384
First campaign created
Will there be a 6 week streak of rising pledges? Stay tuned for next week…
- Join our Community Newsletter for weekly updates
- Bookmark COVID-19 Crowdfunding Insights by BackerKit
- Keep updated on how projects are doing on BackerTracker
Want to know about how to launch the best design and technology project?
Join BackerKit alongside Julio Terra, Founder & CEO of Launch Studio and former Head of Technology and Design Community at Kickstarter. Julio will detail the importance of being intentional to build long-term value with your Kickstarter campaign.
Reserve your spot for the livestream on Thursday, May 7th at 11am PST including a live Q&A directly after the presentation.
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During these uncertain times, a lot of people are asking us how the Coronavirus pandemic is affecting crowdfunding. Leveraging our strong crowdfunding connections and unique data insights, we’re able to track crowdfunding trends like no other. We will share all of our findings directly to the community as they develop.
Have a tip or see a pattern we’re seeing? Please reach out at [email protected]
Until next time, take care of yourself and each other.