tracxn research — crowdfunding landscape, november 2016

Crowdfunding Report – November 2016

TracxnWorld’s Largest Startup Research Platform

2


Contents

Topic Page No.

Scope of Report 04

Entrepreneur Activity 06

Investment Trend 10

Who is Investing 21

Exit Outlook - IPO, Acquisitions 25

Sub Sector Analysis 28

Interesting Companies 46

Useful Links 55

Company List 58

Team 224


Sector Overview

Scope of report

The report covers crowdfunding platforms i.e. an internet enabled way for businesses or other organizations to raise money inthe form of either donations or investments from multiple individuals. It leverages the power of technology, particularly socialmedia to market the idea and raise funds. This report covers Equity, Rewards, Donation and Revenue Sharing-basedcrowdfunding platforms. However, it doesn’t cover Debt-based crowdfunding platforms.

Disclaimer: This report is based on data compiled till October 25th, 2016.

Crowdfunding sector have been divided into following business models:

1. Equity-based Crowdfunding Platform : These are the platforms where people get equity shares in return for theircontribution.

2. Rewards-based Crowdfunding Platform : These are the platforms where people get non-monetary offering in return fortheir contribution.

3. Donation-based Crowdfunding Platform : These are the platforms where people do not get anything in return for theircontribution.

4. Revenue Sharing-based Crowdfunding Platform : These are the platforms where people get a percentage of the revenuegenerated by the project they have backed instead of its ownership rights.

5. Enablers: Companies providing allied services (including software) to crowdfunding platforms, project creators and investors

6. Aggregator: Platform that aggregates crowdfunding campaigns from various crowdfunding platforms


Scope of Report

Entrepreneur Activity

Investment Trend

Who is Investing

Exit Outlook - IPO, Acquisitions

Sub Sector Analysis

Interesting Companies

Useful Links

Company List

Team

5


59

118

204 209

303

253

37

0

70

140

210

280

350

2010 2011 2012 2013 2014 2015 2016

Nu

mb

er o

f C

om

pan

ies

6

YoY – Number of companies founded

Crowdcube CircleUp OurCrowd iAngels Property Partner Zhongchouke ArborCrowd

CrowdRise EarlyShares Tilt Patreon Kaistart FundedHere EthisCrowd


Large Upcoming Sectors

No. of Companies Founded

Average Age

No. of Companies Funded

Business ModelTotal

FundingExample

174 Jul-2013 41 Equity > Real Estate $203M connectedinvestors.com

Connected Investors2015, Wilmington

147 Jan-2013 44 Equity > Private Companies $171M sharein.com

ShareIn2012, Edinburgh

133 Apr-2012 38 Donation > Social Projects $86M fundstrength.com

Fund Strength2015, Gurgaon

78 Jan-2011 35 Enablers $145M crowdsurfer.co

Crowdsurfer2012, Cambridge


Niche Upcoming Sectors

No. of Companies Founded

Average Age

No. of Companies Funded

Business ModelTotal

FundingExample

21 Aug-2013 8 Revenue Sharing $4M weeshing.com

Weeshing2015, Santiago

9 May-2013 1 Equity > Energy $620KEnergyFunders2013, Houston

24 Apr-2013 3 Donation > Commercial Projects $3M ufunded.com

UFunded2011, Columbus

19 Feb-2013 6 Aggregator $4M off3r.com

OFF3R2015, London

17 Feb-2012 7 Equity > Arts $18MTmeng,

2012 , Beijing


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

9


YoY – Number of Rounds and Total Funding

$10M $3M $10M

$42M

$79M

$124M

$296M

$291M

$267M

4

9 11

37

60

77

121

112

61

0

20

40

60

80

100

120

140

0

50

100

150

200

250

300

350

2008 2009 2010 2011 2012 2013 2014 2015 2016

Nu

mb

er of R

ou

nd

sFu

nd

ing

Am

ou

nt

(in

Mill

ion

s)

Funding Amount Number of Rounds


YoY – Number of Rounds by Stage

30

47

58

77

65

26

7

11

15

42

41

30

1

4

2

6

2

0

20

40

60

80

100

120

140

2011 2012 2013 2014 2015 2016

Nu

mb

er o

f R

ou

nd

s

Seed Early Late


YoY – Funding by Stage

$12M$26M $30M

$43M $33M$11M

$30M

$42M

$83M

$250M

$174M

$171M

$9M

$11M

$3M

$84M

$82M

0

50

100

150

200

250

300

350

2011 2012 2013 2014 2015 2016

Tota

l Fu

nd

ing

Am

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(in

Mill

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Seed Early Late


Average Ticket Size – Early Stage

$0.5M$0.7M $0.8M $0.8M $0.8M $0.6M

$4.8M

$5.5M$4.8M

$6.3M

$4.0M$3.6M

$6.5M

$4.3M

$23.5M

$17.6M

$20.4M

$15.1M

0.0

5.0

10.0

15.0

20.0

25.0

2011 2012 2013 2014 2015 2016

Fun

din

g A

mo

un

t (i

n M

illio

ns)

Seed Series A Series B


Top investments in last one year (1/5)

CompanyFunding Amount

Round Name

Date Investors

ourcrowd.comOurCrowd

(Jerusalem, 2012)$72M Series C Sep-2016

circleup.comCircleUp

(San Francisco, 2011)$30M Series C Nov-2015

Collaborative Fund, Canaan Partners, QED Investors, Rose Park Advisors, Union Square Ventures, Maveron

patreon.comPatreon

(San Francisco, 2013)$30M Series B Jan-2016

Thrive Capital, Allen & Company, Charles River Ventures, Index Ventures, Freestyle Capital, Accomplice, Charles River Associates

propertypartner.coProperty Partner(London, 2014)

$23M Series B Mar-2016 Dawn Capital, Silicon Valley Bank, Index Ventures, Octopus Ventures

realtyshares.com

RealtyShares(Mountain View,

2013)$20M Series B Feb-2016 Union Square Ventures, General Catalyst Partners, Menlo Ventures

kaistart.comKaistart

(Hangzhou, 2014)$15M Series B Jun-2016

betabrand.comBetabrand

(San Francisco, 2009)$15M Series C Oct-2015 Foundry Group, Morgan Stanley

iangels.coiAngels

(Tel Aviv, 2013)$15M Series B Aug-2016




Round Name

Date Investors

iangels.coiAngels

(Tel Aviv, 2013)$14M Series B Mar-2016 Thorney Investment Group

crowdcube.comCrowdcube

(Exeter, 2010)$10M

Equity Crowdfun

dingAug-2016

ourcrowd.comOurCrowd

(Jerusalem, 2012)$10M Series C Mar-2016 United Overseas Bank

exporo.deExporo

(Hamburg, 2014)$9M Series A Jul-2016 e.ventures, Holtzbrinck Ventures

tmeng.cnTmeng

(Beijing, 2012)$7M Series A Nov-2015

startengine.comStartEngine

(Scottsdale, 2014)$6M Series A Jan-2016

seedinvest.comSeedinvest

(New York City, 2012)$5M Series A Aug-2016

kaistart.comKaistart

(Hangzhou, 2014)$5M Series A Nov-2015 Meridian Capital China, In Capital, Tipping Point Partners, Cultive




Round Name

Date Investors

syndicateroom.comSyndicate Room

(Cambridge, 2012)$4M Series A May-2016

crowdstreet.comCrowdStreet(Bend, 2012)

$4M Series A Mar-2016 Rally Ventures, Green Visor Capital, Seven Peaks Ventures, Portland Seed Fund

watsi.orgWatsi

(San Francisco, 2012)$4M Series A Nov-2015 Tencent

banktothefuture.comBnkToTheFuture(London, 2010)

$3M Series A Oct-2015

worldcoo.comWorldcoo

(Barcelona, 2012)$3M Series A Jul-2016 Caixa Capital Risc

lexshares.comLexShares

(New York City, 2014)$3M Series A Mar-2016

crowdfundup.comCrowdfundUP(Perth, 2012)

$2M Seed Oct-2016

arborcrowd.comArborCrowd

(New York City, 2016)$2M Seed Sep-2016




Round Name

Date Investors

realtyshares.comRealtyShares

(Mountain View, 2013)$2M Series B May-2016

crowdfunder.co.ukCrowdfunder (UK)(Newquay, 2010)

$2MEquity

CrowdfundingDec-2015

realtymogul.comRealty Mogul

(Los Angeles, 2012)$2M Series B Oct-2016

propellr.comPropellr

(New York City, 2013)$2M Convertible Debt May-2016

worldcoo.comWorldcoo

(Barcelona, 2012)$1M

Grant (prize money)

Oct-2016 European Union

equitise.com.auEquitise

(Sydney, 2014)$1M Series A Feb-2016 Investec, H2 Ventures, Tank Stream Ventures, H2 Ventures

venturecrowd.com.auVentureCrowd(Sydney, 2013)

$1MEquity

CrowdfundingDec-2015

invesdor.comInvesdor

(Helsinki, 2012)$1M

Equity Crowdfunding

Jun-2016




Round Name

Date Investors

fundedhere.comFundedHere

(Singapore, 2015)$1M Seed Apr-2016

fundedbyme.comFundedByMe

(Stockholm, 2010)$1M

Equity Crowdfunding

Jun-2016 FundedByMe

chuffed.orgChuffed

(Sydney, 2013)$1M Seed Mar-2016 Blackbird Ventures, Telstra Foundation

thehousecrowd.comThe House Crowd(Altrincham, 2012)

$1MEquity

CrowdfundingOct-2015

icrossfund.comiCross Fund Inc.

(New York City, 2015)$1M Seed Oct-2015

wefunder.comWefunder

(San Francisco, 2012)$879k Series A Aug-2016

3fenban.com3fenban

(Beijing, 2014)$769k Seed Oct-2015 Galaxy Internet

1tht.cn1tht.cn

(Beijing, 2015)$765k Seed Dec-2015


Funnel view of Sector

Percent of Previous

27%

29%

29%

20

13

28

97

340

1279

0 280 560 840 1120 1400

M&A & IPO

Late

Series B

Series A

Funded

Founded

Number of Companies


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

20


Most Active Investors in Sector

16

13

7 7

6

5 5 5

4 4

0

4

7

11

14

18

Y Combinator 500 Startups CollaborativeFund

SV Angel Techstars Accomplice AndreessenHorowitz

SOSV Atlas Venture Index Ventures

Tota

l Nu

mb

er o

f R

ou

nd

s

Tilt RealtyShares CircleUp Tilt Smallknot Patreon Tilt AngelList Patreon Patreon

Wefunder AngelList CrowdRise Patreon Realty Mogul AngelList Teespring Crowd Supply AngelList Property Partner


Where are Top Investors investing


Top Investor by Stage of Entry


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

24


Top IPOs in last three years

IPO Date Company OverviewFunding Amount

Exch:Ticker

Jul-2015 coassets.comCoAssets

(Singapore, 2013)

Real estate crowdfunding platformMDA Singapore, Expara $736K CAX

Dec-2013 symbid.comSymbid

(Rotterdam, 2011)

Equity-based CrowdfundingAllMobile, Rhapsody Ventures $549.97K

SBID


Major Acquisitions in last one year


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

27


November 2016Tracxn BlueBox : Crowdfunding 1280+ companies in the sector, 280 funded in last 5 years, $562M invested in 2015/2016

Most Active Investors: Y Combinator, 500 Startups, Collaborative Fund, SV Angel


Top Business Models by Funding

$621M

$255M

$134M $120M

$5M $4M $3M0

140

280

420

560

700

Equity Rewards Enablers Donation Aggregator Revenue Sharing Horizontal

Tota

l Fu

nd

ing

Am

ou

nt

(in

Mill

ion

s)

# Cos. 478 315 78 332 19 21 34

Avg. Age Feb-13 Jul-12 Jan-11 Jun-12 Feb-13 Aug-13 Jan-13

OurCrowd Indiegogo Tilt CrowdRise Crowdability LexShares Crowdfunder (UK)

CircleUp Teespring Classy Crowdsurfer SellanApp SwarmImpact Guru


Equity – Business Model Description


Equity – Entrepreneur Activity and Investment Trend


Equity – Most Funded Companies


Rewards – Business Model Description


Rewards – Entrepreneur Activity and Investment Trend


Rewards – Most Funded Companies


Enablers – Business Model Description


Enablers – Entrepreneur Activity and Investment Trend


Enablers – Most Funded Companies


Donation – Business Model Description


Donation – Entrepreneur Activity and Investment Trend


Donation – Most Funded Companies


Aggregator – Business Model Description


Aggregator – Entrepreneur Activity and Investment Trend


Aggregator – Most Funded Companies


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

45


Interesting Unfunded Companies

Company Overview Business Model

flywithvip.comFly With VIP

(2010, Mumbai)

Online bidding platform to fly with a celebrity and donate for a causeRewards > Preferential Access

crowdipy.comCrowdipy

(2015, London)

Crowdfunding platform focused on commercial properties.Equity > Real Estate

1crowd.co1Crowd

(2015, Mumbai)

Equity crowd funding platformEquity > Private Companies

Curated list of companies by the sector analyst are defined as Interesting


Interesting Seed Companies


Interesting Series A Companies


Interesting Series B Companies


Interesting Late Stage Companies


Top Funded Deadpooled Companies


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

54


Useful Links

Slide Title Content Platform Link

List of All Companies in readable format Companies Link

Large Upcoming Sectors Entrepreneur Activity Link

Top investments in last one year Investment Trend Link

Top IPOs in last three years Exit Outlook - IPO, Acquisitions Link

Major Acquisitions in last one year Exit Outlook - IPO, Acquisitions Link

Equity – Most Funded Companies Sub Sector Understand Link

Rewards – Most Funded companies Sub Sector Understand Link

Enablers– Most Funded Companies Sub Sector Understand Link

Donation – Most Funded Companies Sub Sector Understand Link

Aggregator – Most Funded companies Sub Sector Understand Link

Top Funded Deadpooled Companies Companies Link

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https://tracxn.com/theme/upcoming/52fe3354e4b0576112f617af#%7Csort%3DdatePublished

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https://tracxn.com/theme/feedview/52fe3354e4b0576112f617af#%7Csort%3DtotalMoneyRaised%7Corder%3DDEFAULT%7CcompanyType%3DDEADPOOLED


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Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

57


Crowdfunding – Company List

Equity Rewards Enablers Donation Aggregator Revenue Sharing Horizontal

340 FUNDED COMPANIES AND 939 UNFUNDED COMPANIES

COVERS THE FOLLOWING SECTORS


Equity (1/61)Company Overview Business Model Total Funding

Healthy Crowdfunder(2012, Vancouver)

Healthcentric crowdfunding platform$885k

Biangejia(2014, Beijing)

Equity crowdfunding platform$450K

RoBound(2016, Melbourne)

Crowdfunding platform for Robots purchases.

Herdfundr(2014, Brisbane)

Equity crowdfunding platform.

DACx(2014, Shanghai)

Blockchain based crowdfunding platform

NexusCrowd(2014, Toronto)

Canada-based equity crowdfunding platform.Terracap Ventures

Das Bank(2015, Beijing)

Online investment and financing platform

5iVC(2014, Wenzhou)

Online crowdfunding platform

Go to BM List >> Rewards



CrowdVenCure(2015, Bilbao)

Equity crowdfunding for rare disease reasearch

Wine Funding(2014, Bordeaux)

Crowdfunding for vineyard

VentureHealth(2012, San Jose)

Online healthcare investment portal for equity investments through crowdfunding.GV, InCube Ventures, Pacific Community Ventures, crystal

RelayFund(2012, Detroit)

Equity based crowdfunding website

Arthena(2014, New York City)

Equity crowdfunding for asset class artFoundation Capital, AngelPad, 2020 Ventures, Aslanoba Capital, Beamonte, CLI Ventures

Arts > Artwork $2.2M

52masterworks(2013, Munich)

Crowdfunding for art collectionsWayra Arts > Artwork

YourArtBay (2013, London)

Equity based investing platform for artworkArts > Artwork

Tmeng(2012, Beijing)

Crowdfunding platform for movies/short filmsYouzu Interactive Arts > Motion Pictures $12.85M




Slated(2010, New York City)

AngelList for Film IndustryStructure Capital Arts > Motion Pictures $2M

Cinema Shares(1999, Henderson)

Reward based crowdfunding platform for movies.Arts > Motion Pictures

Laiwuchou(2016, Beijing)

Crowdfunding platform moviesArts > Motion Pictures

iMogul(2012, Washington D.c.)

Crowdfunding platform for films.Arts > Motion Pictures

Star Crowdfund(2015, Atlanta)

Equity crowdfunding platform for entertainment projects.Arts > Motion Pictures

FilmFundr(2015, New York City)

Equity crowdfunding for filmsArts > Motion Pictures

Movies Angels(2011, Paris)

Crowdfunding platform for independent filmsArts > Motion Pictures

FilmFunder(2012, Canyon)

Equity crowdfunding for motion picturesArts > Motion Pictures



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Rewards (1/40)

Equity << Go to BM List >> Enablers


Rewards (2/40)



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Enablers (1/10)

Rewards << Go to BM List >> Donation


Enablers (2/10)



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Donation (1/42)

Enablers << Go to BM List >> Aggregator


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Aggregator (1/3)

Donation << Go to BM List >> Revenue Sharing


Aggregator (2/3)



Aggregator (3/3)



Revenue Sharing (1/3)

Aggregator << Go to BM List >> Horizontal


Horizontal (1/5)

Revenue

Sharing<< Go to BM List


Horizontal (2/5)

Revenue



Horizontal (3/5)

Revenue



Horizontal (4/5)

Revenue



Horizontal (5/5)

Revenue



Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

223


Team

224

Tarun Bansal

Lead Analyst – Fintech

https://in.linkedin.com/in/tarunbansal1987

https://twitter.com/tbansal19


https://blog.tracxn.com/request-for-demo-1?utm_source=Report&utm_campaign=Last_Page&utm_medium=About_Page&utm_content=About_Page

tracxn research — crowdfunding landscape, november 2016

Data & Analytics