Top 12 Crowdsourcing and Crowdfunding Platforms in Australia [2023]

Crowdsourcing is a collective action of individuals to achieve a common goal. The idea of the mob of the mob has been around for ages, with many examples from history. For example, when the Roman Empire wanted to build an aqueduct or a bridge, they would ask local villagers for suggestions on how to do it. The Roman government would then use their best ideas and hire their community’s builders to complete the project. Crowdfunding involves raising funds from non-institutional investors through small contributions from large numbers of people instead of relying on banks and other traditional financiers.

1. VentureCrowd

VentureCrowd is a crowdfunding platform that allows you to raise funds for your business idea. You can use VentureCrowd to raise funds for your startup, or you can use it to raise funds for your next project.

If you want to be able to take advantage of this service, you will need to fill out an application form on the website. Once this has been submitted, it will go through an approval process and only those who are approved can start using the platform.

Once approved, entrepreneurs and small businesses have access to a range of different features, including:

• A video explaining what the company does and what their goals are;
• A description of why they need the money (and how much);
• A way for people who support this business/idea/cause, etc., to explain why they think it’s worth investing in;
• An FAQ section where potential investors can ask questions about what’s on offer before deciding if they want to invest their money there;

2.Moneytech

Moneytech is a crowdfunding platform that provides a platform for businesses to raise funds from investors. Moneytech is a subsidiary of ASX Limited.

Moneytech has been operating since 2018 and provides an alternative financing solution for small businesses in Australia. The company offers an alternative source of funding for entrepreneurs by giving them access to low-cost, low-cost capital, which helps them grow their business faster than traditional methods would allow.

The company’s financing options are flexible, allowing users to choose between debt or equity financing based on their preferences and needs at any given time.

3. Blue Sky Private Equity

Blue Sky Private Equity is a platform for investors to connect directly with entrepreneurs. Entrepreneurs can submit their business proposals and investors can browse through them and then invest in the ones they like.

Blue Sky Private Equity was founded by former Goldman Sachs bankers Nick Lynn and James Black in 2015 as an alternative financing option for startups. The venture provides access to capital for businesses that might otherwise not be able to obtain funding from more traditional avenues like banks.

4. Bircal

Birchal is a crowdfunding platform that allows you to raise funds for your business idea. Birchal is an equity-based crowdfunding platform that gives you the opportunity to raise funds for your business idea. The platform provides funding and mentorship support to help turn your idea into a viable business.

Birchal Offers:

• Access to a community of investors who can help grow your business idea
• A detailed pitch pitch template and advice on how best to prepare it

5. Startemegood.com

Startemegood.com is a crowdfunding platform for non-profit organizations. It was launched in 2014 and has raised over million for over 500 nonprofits across Australia.

Startomegood.com allows you to raise funds from the community in exchange for rewards or benefits, such as an invitation to a special event or the ability to name a room in the organization’s new building. The site has been used by many well-known Australian charities such as Special Olympics Australia and Beyond Blue, but is also available to small local groups who want to run their own fundraising campaign on Startemegood’s platform.

6. Equivocal

Equise is a crowdfunding platform that offers investors an easy and affordable way to participate in the Australian equity market.

Equise was founded by two young entrepreneurs who saw an opportunity to create a new way for Australians to invest their money. Equise is an Australian Registered Financial Services Provider (AFSP), licensed to offer securities and products under the Companies (CTH) Act 2001.

7. Octet

OCTET is a crowdfunding platform for startups and SMEs. It’s similar to other platforms, but with a few key differences that make it stand out from the crowd. OCTET enables investors to invest in startups and SMEs, as well as to help companies raise up to million. Here are some features that make it unique:

• A dedicated team of experts who can help you with your argument
• Several investment options available at different risk levels
• A rewards program designed to incentivize investors

8. Chuffed.org

Chuffed.org is a fundraising platform that helps people raise money for projects they care about. Chuffed.org is a non-profit organization and provides a platform for people to raise money for projects that matter to them.

Many projects on Chuffed.org are related to environmental sustainability, human rights, education and social justice issues. The main goal of this crowdfunding platform is to highlight great ideas that can make our world a better place by encouraging people to support them financially through crowdfunding campaigns on the website.

9. Live Markets

LiveWire Markets is a crowdfunding platform for Australian businesses. The platform allows entrepreneurs to raise funds with the help of investors, and it also provides them with valuable resources.

LiveWire Markets is also a community platform that aims to empower new businesses in Australia by helping them grow faster. There are different ways through which you can use LiveWire marketplaces, such as peer-to-peer lending or stock investing.

LiveWire Markets is run by a non-profit organization called the LiveWire Enterprise Foundation, which seeks to “provide groups and individuals with resources, networks, and skills that will aid their journey into self-employment and entrepreneurship.”

10. La Trobe Financial Services

La Trobe Financial Services is a crowdfunding platform that provides access to funding for Australian and international startups.

It offers financial services such as equity and debt crowdfunding in Australia, UK, US and Canada.

11. The Australian Small Scale Offranse Board – Assob

The Australian Small Scale Offranse Board – Assob

Assob is a non-profit organization that provides a registration service for small businesses and start-ups. The organization was established in 1981 and has since helped companies raise capital through its crowdfunding platform.

12. Financing

WO Funding is a platform for crowdfunding and equity crowdfunding. WO Funding helps startups, SMEs and charities raise funds through their crowdfunding platform by providing access to a wider audience of investors.

WO Funding has helped over 200 startups raise over million through their platform. Additionally, they have helped raise over million for charities through the same channel.

Conclusion

There are many ways to fundraise in Australia, but these 12 crowdfunding platforms are definitely worth checking out. We hope this article has helped you understand what crowdfunding is and how it works.