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Kickstarter surpasses $1 billion in pledges since first launching

Kickstarter has seen more than $1 billion in pledges from more than 5.7 million backers

| Business, Financial & Legal News | Posted: Mar 4, 2014 3:39 am

Today Kickstarter announced that it has surpassed over $1 billion in crowd-funding pledges since the site first launched on the 28th April of 2009. Speaking of that date, users pledged a mere $1084 to just 7 featured projects in the first 24 hours the site was live. Fast forward to March 13th, 2013, just 4 years later, and more than 54,187 backers committed to more than $4,029,585 to 1,985 projects in a single day.

 

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To celebrate this milestone in Kickstarter's history, the company released a nifty micro-site that unveils some interesting facts about the crowd-funding websites biggest and best days as well as its most popular backers. Wednesday has been the most popular day of the week to back a project with more than $160 million pledged. Sunday seems to be the least popular day to back projects with just over $100 million pledged. $619 million of the $1 billion was pledged by returning backers, and 1,689,979 people have backed more than one project. Interestingly enough 15,932 people have backed more than 50 projects on Kickstarter.

 

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As far as countries go, the United States leads the pack with the most funding with $663,316,496 in pledges. The United Kingdom comes in second with $54,427,475, while Canada and Australia round out the top five with $44,913,678 and $31,776,566 pledged respectively. Another interesting insight is that the majority of the $1 billion milestone was pledged in the last 12 months alone. As for myself I have managed to back a total of 16 projects and while I wont give an exact figure, it is close to $1500 in pledges made to open source projects over the last 3 years.

 

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NEWS SOURCES:Kickstarter.com

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