Crowdfunding is the practice of raising small amounts of money from many people to finance a project or venture. Crowdfunding can be a charitable activity (donation-based crowdfunding), support for an idea or product with the expectation to receive a non-financial reward in return (reward-based crowdfunding), or an investment (debt- and equity-based crowdfunding). Read more about crowdfunding types and global stats in our article on crowdfunding statistics worldwide and explore its origins in crowdfunding history.