NZ – People power sees crowd funding site hit $1m

The next goal for the organisation is to raise $100million for the creative sector by the end of 2015.

The next goal for the organisation is to raise $100million for the creative sector by the end of 2015.

In just over a year, PledgeMe, a crowd funding website has raised more than million dollars for projects ranging from artificial hand to a fridge.

PledgeMe is NZ’s largest crowd funding source where the public can fund community, cultural, scientific and sustainability projects through their website.

Crowd funding is based on the idea that small donations pledged by lots of people add up to the amount required to fund a project.

Well-known figures like MasterChef contestant Chris Turner and Angela Bloomfield who plays Rachel McKenna on Shortland Street have used PledgeMe to fund their own projects.

Donations are rewarded and in the case of Turner he baked macaroons for people who pledged him money for his trip to the Cordon Bleu cookery school in Paris.

For $20 he sent people a dozen treats, and for $100 named an item of food after you. This tactic made more than his goal of $5100.

Other projects funded over the past 15 months include a bionic hand made for a mate in Lower Hutt, a rocket launch by the New Zealand Rocketry Association in the Coromandel, a new fridge for an animal sanctuary in the Hawke’s Bay and a theatre production by Whangarei Youth Theatre.

The website is founded by Wellington based 27-year-old, Anna Guenther who studied masters in entrepreneurship at Otago University who now works full-time on the site to harness the crowd funding model.

“People are only limited by the power of their imaginations and their ability to convince a crowd their idea is worth backing,” Guenther told

The million dollar milestone was celebrated in Wellington last month with performances in three locations on Tory Street at Poquito, Hawthorn Lounge and Puppies.

The next goal for the organisation is to raise $100million for the creative sector by the end of 2015.


253 projects funded
48% success rate
$1,014914 pledged
$67 average pledge amount
$20 most often pledged amount
14,959 pledges

Source: TVNZ ONE News – By Ranjani Ponnuchetty
Tuesday May 14, 2013


AZCentral.comTiny companies lure investors under Arizona crowdfunding lawAZCentral.comInvestors who make bets under the state's one-year-old crowdfunding law certainly have the potential to get in on the ground floor, but they must be patient and might not receive any returns. Th [...]

BloombergCouples Desperate For Children Turn to Crowdfunding FertilityBloombergCrowdfunding has become a popular mechanism for many couples who can't afford the high costs of IVF, or adoption and surrogacy. “It's not an easy thing to share publicly,” says Crystal Barrett, 33 [...]

BBC NewsNHS trust 'relies' on crowdfunding to equip wardBBC NewsAn NHS trust has launched a crowdfunding appeal to buy equipment for a new hospital unit because "it cannot get started without donations". The Royal National Orthopaedic Hospital (RNOH) in Stanmore, n [...]

MarketWatchWhy a crowdfunding site is giving out $10,000 scholarships ...MarketWatchIt's another indication that families are struggling with college costs.and more » [...]

Huffington PostReal Estate Crowdfunding's Pathway of ChangeHuffington Post“Crowdfunding is just the Internet,” stated Attorney Mark Roderick as he opened last month's RealCap Chicago. RealCap is an annual conference that joins crowdfunding leaders and innovators to propel th [...]

MottoIVF: More Couples Crowdfunding to Pay for Procedure - MottoMottoMore and more couples are turning to crowdfunding to fund costly in vitro fertilization (IVF) treatments, Bloomberg reports.More Couples Who Can't Afford IVF Are Turning To Crowdfunding ...RomperCouples desperat [...]

WestwordProgressive-Rock Band Marillion Pioneered CrowdfundingWestwordThat was the beginning of crowdfunding for us — and for every band, really.” When it came time for the recording and release of the followup to the 1999 record, Kelly and the band realized that one of [...]

Boing BoingCrowdfunding a bike-lock that squirts vomit-inducing antipersonnel gas when cutBoing BoingThe Skunklock is a $109 crowdfunded gadget that contains pressurized vomit-inducing gas the creators call "Formula D_1," and which is intended to induce immediate vomiting wh [...]

EntrepreneurIs Crowdfunding Right for You? Answer These 7 Questions to Find ...EntrepreneurLess than a third of crowdfunding campaigns reach their financial goals. Will yours be one of them?and more » [...]

CoinTelegraphCrowdfunding vs. ICO: Experts Question Legitimacy and Guarantees ...CoinTelegraphThe simplistic idea behind crowdfunding a non-existent software or system has become a trend in the cryptocurrency industry, but most Bitcoin experts are highly ...and more » [...]

CFB Finance

Press Release

CrowdFund Beat News

Thanks @inmocrowd @crowdfundingusa @DuaneDDrew for being top engaged community members this week :) >> Want this 🆓?…

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |