Top 20 Crowdfunding Sites – RocketHub – 7/20

RocketHub

RocketHub is more for entrepreneurs looking for venture capital, unlike most of these others. With their ELEQUITY Funding Room, you can pitch your project idea, and see if you can generate any interest among their funders and donors. They also have resources available on their website, like how-to articles for running and promoting your business.

RocketHub is an online crowdfunding platform. Users—including musicians, entrepreneurs, scientists, game developers, philanthropists, filmmakers, photographers,  theatre producers/directors, writers, and fashion designers,—post fundraising campaigns to RocketHub to raise funds and awareness for projects and endeavors. RocketHub is considered one of America’s largest crowdfunding platforms.

History
Incorporated in 2009, the RocketHub platform launched by January 2010. The original founders of RocketHub are Brian Meece, Jed Cohen, Alon Hillel-Tuch, and Vladimir Vukicevic. Bill Clinton and Bill Gates selected RocketHub as part of their guest edited Ways to Change the World edition of Wired Magazine. The Company is based in New York City.

RocketHub was selected by the US Department of State as one of its 12 top global partners, alongside large corporations such as Coca-Cola. Secretary of State John Kerry provided the foreword for the report. RocketHub operates in over 190 different countries, and through its partnership with the US Department of State is the only established US crowdfunding platform able to operate and crowdfund in emerging regions across the world.

Vladimir served as the platform’s CTO until August 2014, when he joined Meural. Alon Hillel-Tuch has been Chief Technical Officer since. The current CEO is Brian Meece. Jed Cohen handles community/platform operations as COO, and Alon Hillel-Tuch is CFO and CTO.

RocketHub was the first crowdfunding platform to partner with network television, “We believe we’re the first broadcast network to start an initiative using crowdfunding to help people grow their business ideas,” Dr. Libby H. O’Connell, SVP of Corporate Outreach for A&E Networks.

RocketHub engaged in an innovative partnership with marketing agency Wieden+Kennedy and Chrysler’s Dodge Dart in 2013 allowing users to crowdfund the purchase of a car. The partnership garnered 70 million impressions and was featured at the 2013 Cannes Film Festival, the campaign video became a Cannes Bronze Film Lion winner.

Crowdfunding
RocketHub enables Direct-to-Fan social media-based outreach and fundraising. Project leaders, i.e., fundraisers, publicize campaigns themselves through Facebook, Twitter and similar platforms. When posting a campaign, users choose a campaign deadline, target funding-goal, and offer “perks” in exchange for contributions. Broadly, RocketHub shares similarities with platforms such as Kickstarter, Sellaband, and Pledgemusic, however if the selected funding target is not reached by the deadline, the project leader is still able to keep the collected funds. RocketHub charges 4% of funds collected, plus 4% payment processing fees, if the project is fully funded, and 8% plus 4% payment processing fees if the project does not reach its goal.