Crowdfunding Consulting Business

3 Crowdfunding Consulting Business Success Stories [2024]

Pat Walls

•

Updated: October 7th, 2024

Ever wonder how some crowdfunding campaigns go viral while others fizzle out? That’s where a crowdfunding consulting business comes in.

In simple terms, you help entrepreneurs and creators develop, manage, and market their crowdfunding campaigns to maximize success. From selecting the right platform to crafting compelling stories and setting realistic funding goals, this business is all about strategic advising.

There's a growing demand for expertise in this niche as more people turn to crowdfunding to launch their projects. Imagine guiding innovative ideas to fruition while earning based on your consulting prowess.

Starting this business requires a keen understanding of different crowdfunding platforms, marketing skills, and a knack for project management. It's not a passive income stream, but the returns—both financial and the satisfaction of helping others achieve their dreams—can be substantial. If you’re excited about a mix of creativity and business strategy, this might be the venture for you.

In this list, you'll find real-world crowdfunding consulting business success stories and very profitable examples of starting a crowdfunding consulting business that makes money.

1. The Crowdfunding Formula ($3.6M/year)

Narek Vardanyan, the founder of The Crowdfunding Formula (TCF), came up with the idea for his business after experiencing the collapse of the Soviet Union in Armenia. He started a project with a friend but struggled to raise funds on Kickstarter. Determined to learn how to run successful campaigns, he conducted interviews with successful creators, published a bestselling book, and eventually started managing crowdfunding campaigns. TCF quickly became the biggest agency on the market, raising millions of dollars for creators and expanding into an ecosystem of companies and products that support consumer hardware innovation.

How much money it makes: $3.6M/year
How much did it cost to start: $10K
How many people on the team: 87

I Make $4M/Year Helping People Run Successful Crowdfunding Campaigns

Co-founder and CEO of The Crowdfunding Formula, Narek Vardanyan, has grown his startup from a crowdfunding marketing agency to a full ecosystem of companies and products supporting consumer hardware innovation, generating over $4M in annual revenue and helping creators overcome barriers to entry.

Read this case study

Read by 4,056 founders

2. ConnectionPoint ($1.8M/year)

Daryl Hatton, the founder of ConnectionPoint, came up with the idea for his crowdfunding-as-a-service platform, FundRazr, while coaching his son's lacrosse team and struggling to get players to attend practice. He wondered if he could use Facebook to get them to pay their registration fees, which led to the core idea of using social media to facilitate funding for important projects. After investing a quarter of a million dollars and navigating some challenges with changes to Facebook's API, Hatton successfully launched FundRazr in 2009 and has since helped almost 200,000 projects raise over $200 million.

How much money it makes: $1.8M/year
How much did it cost to start: $600K
How many people on the team: 20

How I Started A Crowdfunding-As-A-Service Platform That Helped 200K Projects Raise Over $200M

ConnectionPoint's founder and CEO, Daryl Hatton, shares his experience of launching an enterprise-class crowdfunding-as-a-service platform that has helped almost 200,000 projects in 40+ countries raise over $200 million, and offers valuable insights on taking a focused approach to growth and pivoting the business to solve customer problems.

Read this case study

Read by 6,443 founders

3. Miventure ($60K/year)

Jason Crystal and Luiggi Pera founded Miventure based on their passion for democratizing investing and supporting early-stage startups. Initially focused on small business debt, they discovered a stronger market in investment crowdfunding, particularly in the friends and family round. Since launching their equity crowdfunding mobile app, Miventure has attracted over 2,000 potential investors and has 7 active campaigns with over $500,000 in funding capacity.

How much money it makes: $60K/year
How much did it cost to start: $1M
How many people on the team: 3

How We Created A $15K/Month Equity Crowdfunding Platform To Invest In Startups

Miventure, an equity crowdfunding app, has raised over $500,000 in funding from 2,000 potential investors since launching a month ago, with one campaign already reaching its minimum funding goal and six campaigns remaining active.

Read this case study

Read by 4,930 founders