CoverrMe.com is a free (0% fee) alternative to other crowdfunding platforms such as GoFundMe.
Unlike other platforms, CoverrMe allows people to raise money for any type of crowdfunding project
but without the fees.
Why we need an alternative to GoFundMe
GoFundMe has become a real giant in the crowdfunding space. Since its inception, GoFundMe campaigns
raised over $1 billion dollars from Funders, and half of that ($470 million) in 2014 alone - making it the
worlds biggest crowdfunding platform. Most campaigns in GoFundMe are of the 'personal crowdfunding'
nature, with people raising money for medical bills, honeymoons, weddings and animal care. GoFundMe
charges a 5% fee on the money raised, so for every $100 you raise, GoFundMe takes their $5 share. In
addition, credit card companies charge another 2.9% + $0.30 per transaction. The Founders were recently
bought out of the company - and it seems that it has become a corporate 'money-machine': GoFundMe even charges their full 5% fees on disaster relief campaigns.
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The April 2015 Earthquake in Nepal where almost 9,000 people died
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It may seem a bit odd, but GoFundMe made at least $370,000 of revenue off of the Nepal Earthquake that
happened in April this year. You would think that a platform with a mission like this would 'chip in'
A free alternative to GoFundMe
CoverrMe was started by an engaged couple wanting to raise money for their honeymoon. They saw that
all crowdfunding platforms out there would charge 5% on the money they raised. They thought this was
not fair and they started their own platform. Also, they found that all of these other platforms looked the
same, so they wanted to introduce a new 'visual way of doing crowdfunding' where funders leave their
visual footprint on campaigns.
CoverrMe is a crowdfunding site like GoFundMe, but without the fees. There are no deadlines and it is
free to start a campaign. You can do anything (and more) on CoverrMe that you can do on GoFundMe,
but at 0% fees!
ready.
Biography Rob van Haaren
Rob is a Technical Analyst in the Power Systems Development team at First Solar where he works on
integrating energy storage into large-scale solar farms. In the evenings and weekends, he works on a
bunch of new ventures and projects, with most of them involving web development. Rob holds a BS in
Innovation Sciences from University of Technology Eindhoven, and MS & PhD degrees in Earth &
Environmental Engineering from Columbia University.
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