Piggybackr Explained

Piggybackr
Founded:2012
Location:New York metropolitan area
Type:Crowdfunding
Homepage:piggybackr.com

Piggybackr is an American crowdfunding website for students and youth teams to fundraise for their schools, projects, and causes online.[1] It is compliant with the Children's Online Privacy Protection Act, meaning that children under the age of 13 must have parental involvement with their projects. Children as young as 5 can run fundraising projects online. Backers of projects can post public comments, but cannot communicate directly with the children posting projects.[2]

Description

Piggybackr has been described as “Kickstarter for students.”[3] Unlike Kickstarter, children offer "thank you gifts" including advertising for companies, such as committing to running a lap, putting a business' logo on their page, or giving someone a shout-out on Facebook.[4] [5]

History

Piggybackr was founded in 2012 by Andrea Lo and Keenahn Jung. It was launched out of the AngelPad accelerator.[6] Andrea Lo's 12-year-old sister had just begun to fundraise the year before, in the same way that Lo did 10 years earlier as a child. Lo spent about a year developing a way to fundraise for children that used Facebook.[7] After another year of private beta, Piggybackr launched nationwide on April 17, 2013 with over 1,500 projects and $250,000 raised by kids. The website's customers include national and regional chapters of youth organizations like FIRST Robotics and YMCA.[8]

Sample projects

Endorsements

A number of youth organizations have suggested fundraising on Piggybackr. These include:

See also

External links

Notes and References

  1. https://www.piggybackr.com/about https://www.piggybackr.com
  2. https://www.piggybackr.com/pricing https://www.piggybackr.com
  3. https://www.forbes.com/sites/women2/2012/12/21/6-women-entrepreneurs-to-watch-empowering-people-through-crowdfunding-platforms-piggybackr-somolend-indiegogo-giveforward-kiva-catapult/ “6 Women Entrepreneurs To Watch Empowering People Through Crowdfunding Platforms: Piggybackr, SoMoLend, Indiegogo GiveForward, Kiva, Catapult” Forbes, 21 December 2012
  4. News: Lee. Ellen. Piggybackr Helps Kids Fundraise Online. San Francisco Chronicle. May 21, 2013.
  5. News: Rodriguez. Joe. Silicon Valley website Piggybackr helps kids use 'crowd funding'. San Jose Mercury News. May 21, 2013.
  6. https://techcrunch.com/2013/04/17/piggybackr-crowdfunding-kids/ Taylor, Coleen, “Piggybackr Launches Its ‘Kickstarter For Kids’ To Let Youth Get In On The Crowdfunding Wave”, TechCrunch, 17 April 2013
  7. https://techcrunch.com/2012/05/10/angelpad-spring-2012-demo-day/ Taylor, Coleen, “Meet The 10 Startups Who Just Got Their Wings At AngelPad’s Spring 2012 Demo Day”, TechCrunch, video interview of Andrea Lo at 1:00, 10 May 2012
  8. News: Koldony. Lora. Piggybackr Gives Kids A Kickstarter of their Own. Wall Street Journal . April 17, 2013.
  9. http://www.powersoccerusa.org/enews/march-2013 USPSA newsletter, March 2013