What is Indiegogo?
Founded in 2007 and headquartered in San Francisco, California, Indiegogo operates as a crowdfunding website. It provides a platform for individuals and organizations to solicit funds for a wide array of projects, including innovative ideas, charitable causes, and start-up businesses. The company has established itself as a key player in the alternative financing landscape, enabling creators to bring their visions to life through community-driven capital.
How much funding has Indiegogo raised?
Indiegogo has raised a total of $58M across 4 funding rounds:
Angel/Seed
$1.5M
Other Financing Round
$1.5M
Series A
$15M
Series B
$40M
Angel/Seed (2011): $1.5M with participation from BoldStart Ventures, Metamorphic Ventures, Actarus Funds, MHS Capital, ff Venture Capital, Penny Black, and Steve Schoettler
Other Financing Round (2011): $1.5M led by Metamorphic Ventures, Steve Schoettler, and MHS Capital
Series A (2012): $15M supported by Insight Venture Partners, Actarus Funds, MHS Capital, Metamorphic Ventures, Allen Morgan, David Straus, Robert C. Wolcott, Penny Black, Georges Harik, ff Venture Capital, BoldStart Ventures, Khosla Ventures, Brendan Synott, and Boris Wertz
Series B (2014): $40M featuring Mike Bergelson, Compound, Insight Venture Partners, Draper Associates, ff Venture Capital, and MHS Capital
Key Investors in Indiegogo
Insight Venture Partners
Insight Venture Partners is a global venture capital and private equity firm that invests in high-growth technology and software companies. They provide strategic guidance and operational support to help their portfolio companies scale effectively.
BoldStart Ventures
Boldstart Ventures is a venture capital firm focused on early-stage enterprise technology companies. They partner with founders to build autonomous enterprise businesses from inception, emphasizing technical innovation.
Metamorphic Ventures
Metamorphic Ventures is a venture capital firm based in New York that invests in early-stage technology companies. They focus on entrepreneurs building game-changing businesses in massive markets, including marketplaces and e-commerce.
What's next for Indiegogo?
The recent strategic investment signifies Indiegogo's ongoing growth and its commitment to expanding its services and market reach. As a company that has navigated multiple funding rounds, from seed capital to Series B, Indiegogo is well-positioned to leverage this latest financial injection for further platform development, technological innovation, and potentially new market entries. This capital infusion is expected to enhance its competitive edge in the rapidly evolving crowdfunding and alternative finance sectors.
See full Indiegogo company page
