Crowd-funding site offers open alternative to Kickstarter

Crowdtilt differs from Kickstarter by allowing users to fund any project

Crowd-funding website Crowdtilt officially launched on Friday, expanding upon the collective fundraising model pioneered by Kickstarter to enable raising money for any project -- even a beer blitz.

Like Kickstarter, Crowdtilt allows users to create a fundraising campaign with a tipping point. If the effort falls short of the set amount, would-be donors are not charged. However, unlike Kickstarter, the platform allows users to "group fund anything." Users can initiate campaigns without first getting the approval of service administrators, which they must do on Kickstarter.

The site initially launched in Austin and Dallas, Texas, in private beta several months ago. The platform took off, according to a spokesman, with contributors to campaigns frequently contacting Crowdtilt about starting their own projects. But as founders James Beshara and Khaled Hussein watched Crowdtilt grow, they had to rejigger its mission.

Initially, Beshara intended the site to help charities raise money, which Kickstarter prohibits. "But," Beshara said in a press release, "I had to switch gears and focus the service for those that were using it over and over, which was for smaller, mostly private objectives."

One couple paid for their wedding using the crowd-funding service. Other successful campaigns have paid for gifts, vacations, and even an urban garden in Dallas. Only the last of these could potentially have earned a place on Kickstarter, which favors "projects with a creative purpose" and specifically bans "'fund my life' projects."

"We've taken our favorite elements from various crowd-funding platforms, and provided them for groups of friends," Beshara said. "With groups, the actual payments are the easy part. It's coordination and organizer anxiety that are the real issues. Both the organizer and participants ask, 'Are enough people going to do this with me?'" Crowdtilt's tipping point on funding offers an escape clause for social events that require a quorum.

Crowdtilt was incubated by Y Combinator. The company recently moved its offices from Austin to Palo Alto, California.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Cameron Scott

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?