Have you heard about the platform for fundraising GoFundMe? Are you thinking of using GoFundMe to raise funds? Are you interested in learning more about the platform and its creators? If so, you should check out the article.
GoFundMe is among the most popular fundraisers for profit. Many people around the world, particularly in Canada and Australia, United States and Australia are eager to know about this platform as well as the current owners. In this article we will discuss the platform for fundraising GoFundMe and Who owns Gofundme..
What is GoFundMe?
GoFundMe is a fundraiser and crowdfunding platform for profit that is based within the US. It allows users all over the globe to raise money for various occasions ranging from occasions like graduations and celebrations as well as difficult situations like illnesses and accidents.
In the period between 2010 until the beginning of 2020, over 9 billion dollars were collected through GoFundMe. GoFundMe platform. These funds came from over 120 million global donors. GoFundMe is located in Redwood City, California, has offices of San Diego & Dublin and operations in Germany, Spain, Italy, France, and the UK.
Before we know Who owns Gofundme Let’s look at the way it functions.
How Does the GoFundMe Platform Work?
GoFundMe is a simple way for groups, individuals and even organizations to raise funds. According to their official website platform, there are three steps to raise and receive money. Below, we have discussed the steps:
- Start your fundraising The first step is to must set the purpose of their fundraiser, describe the reason for why they require the funds and then add a picture or video to increase credibility.
- Share the news with family and friends The time has come for people to have to promote and share their fundraising campaigns via texts, emails as well as social networks.
- Handle the contributions Then, you can accept the donations and then withdraw the funds following a thank you to donors.
Who Owns Gofundme ?
Andrew Ballester & Brad Damphousse Brad Damphousse and Andrew Ballester founded CreateAFund at San Diego, California, in 2008, and it later was later developed into GoFundMe in the year 2010 from the two.
In the year the time of 2015, Andrew Ballester & Brad Damphousse The company was sold to Technology Crossover and Accel Partner. The duo sold what had started as a modest fundraiser to 300 million dollars.
In the year 2017, CrowdRise purchased GoFundMe. At present, GoFundMe is one of the top crowdfunding platforms around the globe and is owned and operated by CrowdRise.
The current top executive team at GoFundMe comprises the CEO Tim Cadogan, President Juan Benitez and CMO Musa Tariq.
Now we are aware of Who owns Gofundme Let’s discuss the main fundraising campaigns.
Top 10 list of GoFundMe fundraising events:
- $45.1 millions America’s Food Fund
- $22.5 million The Wall Build Wall (refunded)
- $24.2 millions The Time’s Up Defense Legal Fund
- $14.7 millions the Official Memorial George FloydFund
- $11.5 million – Humboldt Broncos Funds
- $11.8 millions — Las Vegas Victims Fund
- $10.1 Million — Douglas Stoneman Victims Fund
- $8.2 Million $ Frontline Responder Fund
- $7.8 Million The Pulse Support for Shooting Victims
- $7.5 million – COVID-19 Navajo Hopi Families Relief Fund
Conclusion
GoFundMe is the leader of the fundraising field. The service for fundraising is completely free however GoFundMe accepts a portion of the donations.
Did you find this article about Who owns Gofundme was helpful and informative to you? If yes, please comment whether you’ve had a positive experience using GoFundMe fundraising services , or any other comments about the platform.
