Top 3 Funding Apps

How do you get funding for an app? How much funding does an app need?

About Funding Apps

The world is getting closer. It can get together for great causes faster than ever. Raining funds for your business projects or humanity is easier than ever now. There are many different types of fundraising platforms. You can find many fundraising apps for smartphones. They have similar features like opening a fundraiser, getting funds, connect with more people supporting the fundraiser.

3 Best Funding Apps

Here we have listed the best funding apps. We will open up about the best features, functionalities, pricing, and compatibility of these apps. Let us take a look at the list.

  1. Kickstarter
  2. Patreon
  3. Indiegogo

1. Kickstarter

Start the list with the Kickstarter app. Kickstarter is one of the most popular platforms for crowdfunding. Creators can use the app to keep up with their projects on the go, as well as stay in touch with their backers. This app helps connect like-minded backers to help make new ideas a reality. Every project creator sets their project's funding goal and deadline. If people like the project, they can pledge money to make it happen. If the project succeeds in reaching its funding goal, all backers' credit cards are charged when the time expires. It has features to Easily track your funding progress. Kickstarter is a free app. It is available for iOS and Android.

2. Patreon

Patreon is a membership platform that makes it easy for creators to get paid. For creators, Patreon is a way to get paid for creating the things you're already creating (webcomics, videos, songs, whatevs). For fans, this is a way to support your favorite creators for making the stuff you’re crazy about. Together, creators and patrons foster a community of awesomeness by empowering the new generation of content creators. Creators can create and share new content with your patrons. Patreon is one of the best platforms for content creators. Patreon app is available for iOS and Android.

3. Indiegogo

Indiegogo is an online crowdfunding platform. It brings Users together to support crowdfunding campaigns featuring innovative products, creative design, and inspired ventures. Indigogo is a great platform for getting funded. iLoveIndieGogo is an Android app developed with a clear purpose, which is to bring you closer to the amazing platform of IndieGoGo on your Android Smartphone. Now you can discover and fund the projects you love anytime, anywhere, and campaigners can update and keep tabs on their campaign page remotely.

How do you get funding for an app?

Having a great idea for an app is awesome. We have seen apps that have drastically changed our lives over the past decade. But building a successful app also needs proper care, expertise, and a lot of funding to be successful. Getting funds for your app is not impossible. It takes a lot of hard work and continuous hard work to get the needed funds for your app. There are five major ways to raise funds for your mobile app start-up. Let us take a look at these ways:

1. Bootstrapping

According to Investopedia, Bootstrapping describes a situation in which an entrepreneur starts a company with little capital, relying on money other than outside investments. It is the first and the most common way to fund your app. Using your funds gives you freedom of choices, timing, and work process. You can decide the process by yourself.

2. Finding A Partner

You can find a partner to work with and invest in a common dream. It is not always easy to find someone who believes in your idea and wants to work for it. But if you manage to find a partner it is a great option. It can save you money as they will also work for the app, they can help you in growing the app, and more. You can find a lot of examples of Co-founders for successful apps.

3. Crowdfunding

Crowdfunding is a popular idea of raising funds for ideas and startups now. Crowdfunding is the practice of funding a project or venture by raising small amounts of money from a large number of people, in modern times typically via the Internet. Many big tech brands like Oculus Rift and TRON used crowdfunding options. There are platforms for starting your crowdfunding. GoFundMe, Kickstarter, CircleUp are some of the most popular Crowdfunding platforms.

4. Angel Investment

An angel investor is an individual who provides capital for a business or businesses start-up, usually in exchange for convertible debt or ownership equity. Most startups get angel investors when they have a proper business plan and have sustained for a while. Angel investors are usually business owners and expert business investors. They need a proper insight into your business to invest in your business.

5. Donations

Donations are another way of getting the funds for your app startup. If you believe that your app is not only a profitable business model, but it can drive a positive social change you can start a donation campaign to raise funds for your app. If a lot of people understand your idea and want to help the change they can donate to your startup.

How much funding does an app need?

Apps look incredibly simple. But it takes incredible amounts of expertise and money to make one. Even the simplest apps can cost between $10,000-$1,00,000 to get ready for users. The expense of creating an app depends on what you want to provide with the app. Common app-making expenses are the salary of developers, market research, testing, and continuously improving the app. The more time it takes to make an app the more cost it will need.

Thanks for reading.