Crowdfunding Statistics 2026: Market Size, Reg CF and Success Rates

Crowdfunding statistics for 2026 frame a Quality-over-Quantity Reg CF Inversion in the US and an Issuance-Mix Migration overlay across the EU under ESMA’s two consecutive ECSP reports.

US investment crowdfunding combined Regulation Crowdfunding and Regulation A+ reached $924.8 million raised in 2025, a 58% jump from 2024. Across the EU, 181 licensed crowdfunding service providers raised over €4 billion in 2024 under the ECSP framework, a roughly fourfold expansion from the 2023 baseline of 98 providers and over €1 billion across 17 EU Member States. Kickstarter’s January 2025 platform totals reached 651,000+ projects launched with a 41.98% success rate, and GoFundMe’s community of more than 200 million has helped raise over $40 billion worldwide since 2010.

Key Takeaways

• US investment crowdfunding reached $924.8 million raised in 2025, a 58% jump from 2024, split across Reg CF and Reg A+.
• Regulation Crowdfunding alone hit $378.3 million raised in 2025, up 11% year over year, even as new offerings fell 29%.
• Regulation A+ surged to $546.6 million invested in 2025, a 124% year-over-year jump, the strongest year for Reg A+ since 2021.
• Across the EU, 181 crowdfunding service providers raised over €4 billion in 2024 under the ECSP framework.
• EU crowdfunding mix is shifting: loan-based fell to 58% of 2024 capital from 65% in 2023, with debt-based at 23% and equity at 12% of the 2024 ECSP mix.
• Kickstarter has cumulative over 24.47 million backers and over $8.5 billion pledged across 651,000+ projects launched as of January 2025.
• GoFundMe processed 79 million donations in 2025, with the average donation rising to $82 from $77 a year earlier.

Editor’s Choice

• US Reg CF + Reg A+ combined: $924.8 million raised in 2025 across both exemptions.
• Wefunder led Reg CF in 2025 with $109 million raised, ahead of StartEngine at $89 million, DealMaker at $66 million, and Republic at $20 million.
• EU crowdfunding 2024: 181 ECSP providers, over €4 billion raised under the ECSP framework.
• Kickstarter cumulative pledged: over $8.5 billion across 651,000+ projects launched as of January 2025.
• GoFundMe lifetime: over 200 million community members, over $40 billion raised worldwide since 2010.
• Global crowdfunding market: $17.72 billion in 2024, estimated at $20.34 billion in 2025, with North America at 39.60% share.
• On-chain RWA market cap (excluding stablecoins): surpassed $26 billion as of May 2026, the adjacent capital-formation rail.

Global Crowdfunding Market Size

• Global crowdfunding market 2024: $17.72 billion worldwide per Statista.
• Global crowdfunding market 2025: estimated at $20.34 billion, with North America holding a 39.60% share.
• Global crowdfunding market 2026 (broader perimeter): forecast at $27.93 billion per Mordor Intelligence.
• Cambridge Centre for Alternative Finance benchmark: $304.5 billion in global alternative finance transaction volume in 2018, the methodology anchor that underpins most credible regional cuts since.

Source: Statista 2024-2025, Mordor Intelligence 2026 forecast, Cambridge Centre for Alternative Finance 2018 benchmark

By the numbers: Global crowdfunding sits between $17.72 billion (Statista 2024) and $27.93 billion (Mordor’s 2026 forecast under a broader perimeter), with China leading 2024 at $8.8 billion and the US following at $5.5 billion. The gap reflects whether peer-to-peer lending is folded in. The SEC crypto enforcement data sits adjacent to this dataset as the regulatory overlay for US tokenized-capital formation.

Crowdfunding Volume by Funding Model

• ESMA’s 2024 EU dataset shows loan-based crowdfunding at 58% of 2024 capital raised, debt-based at 23%, and equity at 12%, a rebalancing from the prior year.
• Globally, debt and peer-to-peer lending hold 60.2% of crowdfunding market share in 2024 among funding models per Mordor Intelligence.
• Equity crowdfunding outlook: growing at a 17.1% compound annual growth rate through 2030 per Mordor Intelligence.
• The leading rail for high-touch retail flow on regulated EU portals is still loan-based, but debt and equity each gained meaningful share year over year.

Loan-based crowdfunding still anchors EU capital flow, but debt and equity together gained roughly seven points in 12 months under the ECSP framework.

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Recent Developments

• February 2026: Kingscrowd reported about $21.95 million raised across just over 10,000 investors, the second consecutive monthly decline.
• January 2026: Kingscrowd’s 2025 Annual Report disclosed combined Reg CF + Reg A+ at $924.8 million for 2025, a 58% jump from 2024.
• December 2025: ESMA published its 2025 Market Report showing 181 ECSP providers raised over €4 billion across the EU in 2024.
• November 2025: The Cambridge Centre for Alternative Finance released its 2nd Global Alternative Finance Market Benchmarking Report covering volumes, models and regulation worldwide.
• July 2025: Indiegogo was acquired by Gamefound, shifting a large share of top-performing campaigns toward tabletop projects.

Reg CF and Reg A+ Capital Raised in the US

US investment crowdfunding split between Regulation Crowdfunding for early-stage retail rounds and Regulation A+ for larger raises. SEC primary-source data confirms more than 8,400 Reg CF offerings initiated by over 7,100 issuers between May 16, 2016 and December 31, 2024, with approximately $1.3 billion in cumulative reported proceeds, while Reg A+ over the same window produced more than 1,400 offerings seeking over $28 billion in capital, with approximately $9.4 billion in proceeds reported by over 800 issuers.

• 2025 Reg CF capital raised: $378.3 million, up 11% year over year.
• 2025 Reg A+ capital raised: $546.6 million, up 124% year over year.
• 2025 combined investment crowdfunding: $924.8 million, a 58% annual jump.
• Reg CF closings in 2025: 1,189 closings, of which 801 met funding targets, a 67.4% success rate.
• Reg A+ Tier 2 offerings (2015 to 2024 window) raised, on average, approximately $12.5 million per offering.

The quality-over-quantity Reg CF inversion in 2025, where US dollars rose 11% YoY even as new-offering count fell 29%, is the year’s defining structural shift, concentrating capital into fewer, stronger rounds. The pattern mirrors the broader retail investing shift toward concentration around proven brands.

Top Investment Crowdfunding Platforms by 2025 Capital Raised

The Reg CF platform leaderboard tightened in 2025, with Kingscrowd’s annual report ranking the top four as capturing the bulk of US retail-investor dollars across the calendar year.

• Wefunder: $109 million raised across Reg CF in 2025, the platform leader.
• StartEngine: $89 million raised across Reg CF in 2025, second place.
• DealMaker: $66 million raised across Reg CF in 2025, third place.
• Republic: $20 million raised across Reg CF in 2025, fourth place.
• DealMaker Reg A+ share: $292 million raised under Reg A+, more than 50% of the exemption’s 2025 total.

By the numbers: Combined, the top four Reg CF platforms captured roughly $284 million of the $378.3 million raised in 2025, or about 75% of the exemption’s annual dollars per Kingscrowd’s 2025 annual report, hardening the Reg CF platform consolidation thesis as smaller portals lost share.

Kickstarter Platform Statistics

• Projects launched (January 2025): more than 651,000 Kickstarter projects had been launched worldwide, of which 41.98% were successfully funded.
• Total pledged (January 2025): over $8.5 billion across all Kickstarter projects, of which approximately $7.86 billion went to successfully funded projects.
• Total backers (August 2025): more than 24.47 million people had pledged to Kickstarter projects, with over 8 million backers supporting more than one project.

Source: Statista Kickstarter topic page 2025

Kickstarter’s own 2025 highlights confirmed Design and Technology had the category’s biggest year in Kickstarter history, and Publishing raised more than $45 million in 2025, second only to the record-setting year driven by Brandon Sanderson in 2022. Curated programs work: Open Calls continued at close to an 80% success rate, well above the platform-wide average.

GoFundMe Donation Statistics

• Total donations: 79 million donations made in 2025 on GoFundMe, with 2.5 donations made every second on average.
• Split by recipient: over 47 million donations to individual fundraisers and 32 million donations to nonprofits.
• Nonprofit channel surge: 32 million nonprofit donations in 2025 marked a 39% jump from the 23 million made in 2024, the GoFundMe nonprofit-volume inflection point.
• Average donation: $82 during 2025, up from $77 the prior year.

Source: GoFundMe 2025 Year in Help Report, January 2026

Lifetime totals frame the scale. Since 2010, GoFundMe’s community of more than 200 million has helped raise over $40 billion worldwide, and 155,000 people started a fundraiser for a nonprofit for the first time in 2025, a new-donor acquisition signal for the nonprofit channel.

The 39% jump in nonprofit donations reframes GoFundMe as a structurally institutional fundraising rail, not just a crisis-appeal tool.

EU Crowdfunding Volume Under ECSP

• 2023 ECSP baseline: 98 licensed service providers across 17 EU Member States raised over €1 billion under the ECSP framework, with loan-based at 65%, debt-based at 17%, and equity-based at 6%.
• 2023 average raise per project: €53,000 for debt-based and €46,000 for equity-based versus €15,000 for loan-based, the issuance-mix migration overlay starting point.
• 2023 leading EU markets: France and the Netherlands each contributed approximately €292 million in crowdfunding activity.
• 2024 ECSP step-change: 181 ECSP providers raised over €4 billion of crowdfunding, with loan-based at 58%, debt at 23%, and equity at 12%.
• 2024 participation: retail investors made up the vast majority of participants on regulated EU crowdfunding platforms.

Source: ESMA Market Report on Crowdfunding in the EU 2024 and 2025

By the numbers: The EU went from €1 billion across 98 providers in 2023 to over €4 billion across 181 providers in 2024 per ESMA’s two consecutive market reports, a roughly fourfold capital expansion against a roughly twofold provider expansion, meaning per-provider capital deployment roughly doubled too.

Crowdfunding Success Rate by Campaign Type and Category

• Kickstarter platform-wide: 41.98% success rate as of January 2025, reflecting a curated reward-based pool.
• US Regulation Crowdfunding 2025: 1,189 Reg CF closings produced 801 funded offerings, a 67.4% success rate, higher than the reward-based equivalent.
• Kickstarter comics category: 67.23% success rate as of September 2024, more than double the overall platform average.
• Kickstarter games category: the most successful in absolute terms with over 45,000 funded projects as of November 2024.

Average Amount Raised per Crowdfunding Campaign

• EU average raise per project (2023 ESMA dataset): debt-based €53,000, equity-based €46,000, and loan-based €15,000.
• Reg A+ Tier 2 offerings raised on average approximately $12.5 million per offering across the 2015 to 2024 window, reflecting the higher $75 million Tier 2 cap.
• Reward-based ceiling: Kickstarter’s most-funded gaming project as of January 2025, Brandon Sanderson’s Cosmere RPG, raised over $15 million, the outlier on the reward-based ceiling.
• The EU equity ticket size of €46,000 is roughly 3.1x the loan-based €15,000 average, a structural gap that signals which campaign types attract concentrated capital.

How much does the average successful Kickstarter raise?

A reasonable directional estimate from Statista’s Kickstarter totals divides approximately $7.86 billion of successfully funded pledges across the 273,000+ successfully funded projects (41.98% of 651,000+ launched), implying an average successful raise of roughly $28,000 per project, though category dispersion is wide.

Top Countries by Crowdfunding Volume

• China and the US lead 2024: China led the global crowdfunding market with $8.8 billion, followed by the United States with $5.5 billion as the second-largest market.
• United Kingdom + EU leaders: the United Kingdom raised $1.8 billion in 2024, while Germany and France together raised around $1 billion.
• Country rankings track the broader global crowdfunding market structure, where North America and East Asia together account for the largest single-region shares.

Tokenization, RWA and the Next Crowdfunding Layer

• On-chain RWA market (excluding stablecoins): surpassed $26 billion as of May 2026, the adjacent capital-formation rail to traditional crowdfunding.
• Tokenized US Treasuries (largest RWA category): approximately $12.88 billion as of early April 2026.
• BlackRock’s BUIDL fund (single largest RWA product): roughly $1.9 billion to $2.9 billion in assets.
• McKinsey RWA tokenization forecast: could reach $2 trillion by 2030.
• Blockchain infrastructure underpins this capital-formation rail, and the existing crowdfunding-portal stack increasingly intersects it across compliance, custody, and secondary-trading layers.

The tokenization handoff matters for crowdfunding because the regulatory shape of US Reg CF, retail eligibility plus disclosure-light offerings, is structurally close to what tokenized capital-raising platforms are converging toward. The next regulatory milestones will determine whether tokenized raises operate inside the Reg CF and Reg A+ exemptions or alongside them.

What Is the Average Success Rate of Crowdfunding Campaigns?

The average success rate for crowdfunding campaigns spans a wide band. Reward-based campaigns on Kickstarter sit at 41.98% as of January 2025, while US Regulation Crowdfunding closings ran at 67.4% in 2025 across 1,189 Reg CF closings. Category-level rates on Kickstarter range widely, with comics at 67.23% as of September 2024, more than double the overall platform average, while Kickstarter’s Open Calls curated program is at close to an 80% success rate. The takeaway is that “average crowdfunding success rate” is not a single number; it depends on platform model, regulation, and category mix.

How Much Money Is Raised Through Crowdfunding Each Year?

Annual global crowdfunding sits at roughly $20.34 billion estimated for 2025 across Statista’s market perimeter, with US investment crowdfunding (Reg CF + Reg A+) adding $924.8 million in 2025 and the EU contributing over €4 billion across 181 ECSP providers in 2024. Donation-based volume on GoFundMe alone produced 79 million donations in 2025 against the platform’s cumulative over $40 billion since 2010.

Which Crowdfunding Platform Raises the Most Money?

By cumulative lifetime dollars, GoFundMe has raised over $40 billion worldwide since 2010 across donation-based fundraising, while Kickstarter sits at over $8.5 billion pledged across 651,000+ projects on the reward-based side. In US investment crowdfunding specifically, Wefunder led Reg CF in 2025 at $109 million raised, followed by StartEngine at $89 million and DealMaker at $66 million. The “biggest” platform depends on whether the definition of crowdfunding is donation-based (GoFundMe), reward-based (Kickstarter), or investment-based (Wefunder for Reg CF, DealMaker for Reg A+).

Conclusion

The crowdfunding statistics for 2026 frame an industry that is professionalizing and concentrating in parallel. US investment crowdfunding hit $924.8 million combined Reg CF and Reg A+ in 2025 with a quality-over-quantity inversion (Reg CF dollars up 11% as new offerings fell 29%), while across the EU 181 ECSP providers raised over €4 billion in 2024 and the loan-share dropped from 65% to 58% as debt and equity rails matured. Donation-based volume on GoFundMe processed 79 million donations with a structurally rising nonprofit channel, and reward-based Kickstarter pushed past $8.5 billion cumulative pledged.

The forward-looking question for 2026 and 2027 is whether tokenized capital-formation rails, the over $26 billion on-chain RWA market excluding stablecoins as of May 2026, pull retail-eligible raises onto blockchain infrastructure, where the existing Reg CF disclosure shape would map cleanly. The intersection with AI adoption in deal-screening and investor matchmaking is the other adjacent vector that will shape how the next $1 billion of US investment crowdfunding gets deployed.