GoFundMe
GoFundMe is an online crowdfunding platform that allows individuals to raise money for events ranging from life events such as celebrations and graduations to challenging circumstances like accidents and illnesses.
Overview
GoFundMe is a crowdfunding platform that allows individuals to raise money for a wide range of causes including personal needs, educational expenses, medical bills, and community projects. Founded in 2010, GoFundMe has become one of the most popular platforms for online fundraising.
Services
GoFundMe provides a platform for users to create fundraising campaigns. Users can set fundraising goals, share their campaign pages on social media, and receive donations directly through the site. The platform supports a wide variety of fundraising categories such as emergencies, education, medical expenses, memorials, nonprofits, and more.
Founders
GoFundMe was founded by Brad Damphousse and Andrew Ballester in 2010. Brad Damphousse and Andrew Ballester initially created the site as CreateAFund, which later evolved into GoFundMe to streamline the crowdfunding process for personal causes.
Funding Model
GoFundMe operates on a donation-based crowdfunding model. This means that users create campaigns to receive donations from the public. GoFundMe charges a transaction fee on each donation, but setting up and running a campaign is free.
Platform Reach
GoFundMe has a global reach, allowing users from around the world to start campaigns and donate to various causes. The platform has been used to raise funds for numerous high-profile social and personal events, impacting millions of people.