Distribution of unsuccessfully funded projects on crowdfunding platform Kickstarter as of October 2017, by share of funding reached

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Percent fundedNumber of projects
0% 52,067
41-60% 9,098
61-80% 3,488

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The statistic shows the number of unsuccessfully funded projects on US crowdfunding platform Kickstarter up to October 9 2017. The total number of unsuccessfully funded projects on Kickstarter amounted to 237,211. The number of projects that were 0 percent funded was 52,067 up to this point.
Crowdfunding failure

Putting yourself, your ideas and your projects out into the world and subjecting them to the possibility of public scrutiny is not the easiest pill to swallow for a lot of people, and failure can be hard to accept. The over hundred thousand of unsuccessfully funded projects on US crowdfunding platform Kickstarter are no exception to the crowdfunding industry. Many crowdfunders fail to get the backing they require from investors but that isn’t to say that there aren’t a lot of successfully funded projects emerging from the crowdfunding arena. The concept of crowdfunding is growing all over the world, as is the growth in the number of platforms on which entrepreneurs can get their ideas funded.

When embarking upon a crowdfunding campaign, it is important to have a solid plan in place. As failure of a campaign by not reaching the financial goal can go some way to changing the public perception of the project, business and online-reputation of the company before it even has a chance to get off the ground. However, with the economic climate the way it is, crowdfunding has been widely praised as a good alternative to the conventional methods such as lending from banks or finding accredited investments.
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Release date
October 2017
Survey time period
October 9, 2017
Supplementary notes
Every Kickstarter project must be fully funded before its time expires or no money changes hands. A project on Kickstarter is counted as successful when the funding goal has been reached within the given time limit.

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