Kickstarter Raised Over $119 Million in Its Third Year

Benjamin Jackson, after doing some screen-scraping to estimate Kickstarter’s financials for the past year:

The results are awe-inspiring. In the year since Kickstarter reported its numbers, the company helped raise a total of $119.6M for successfully-funded projects. That’s almost three times as much as the amount raised during the company’s first two years. Taking into account Kickstarter’s 5% commission, we can estimate that the company took home just shy of $6M in commission revenue in its third year. And it’s not the only one cashing in: with Amazon’s commission of 2.9% plus 30¢ per transaction, the online retailer pulled at least $3M in fees during the same period.

★ Monday, 23 April 2012