The Best Crowdfunding Platforms in Canada 2025
Canada’s crowdfunding landscape has reached remarkable maturity in 2025, with Tiing emerging as the leading Canadian platform thanks to its competitive fees and user-friendly approach.
With over $200 million raised on Canadian platforms and a projected market value of CAD $20.6 million in 2025, Canadian crowdfunding offers exceptional opportunities to raise funds and invest across diverse sectors.
Ready to start your own crowdfunding campaign?
Do it with Tiing and CLICK here
to begin your fundraising journey with Canada’s premier platform.
What is Crowdfunding and How to Raise Funds?
Crowdfunding represents a revolutionary method to raise funds by mobilizing a community of investors through digital platforms.
This approach allows entrepreneurs to collect capital without traditional banking circuits while offering investors access to investment opportunities previously reserved for accredited investors.
To raise funds effectively, preparation is crucial: campaigns with videos raise 4 times more funds, and reaching 30% of the goal in the first week increases success rates to 90%.
Entrepreneurs can raise capital ranging from thousands to $1.5 million depending on the chosen model.
The fundraising process involves presenting your project to a community of backers who contribute financially in exchange for rewards, equity, or simply to support a cause they believe in.
This democratization of fundraising has transformed how businesses access capital and how individuals can support innovation.
The 11 Best Crowdfunding Platforms in Canada: Complete Comparison
Here’s our comprehensive ranking of the best crowdfunding platforms in Canada, with Tiing leading thanks to its unique advantages for the Canadian market:
| Rank | Platform | Platform Fees | Processing Fees | Key Strengths | Limitations |
|---|---|---|---|---|---|
| 1 | 🏆 Tiing | $1 + 4% | Included | 100% Canadian, multilingual, competitive fees, unlimited project types | None |
| 2 | FrontFundr | $5,500 + 7% + warrants | Included | Leading equity platform Canada, $200M+ raised | Limited to equity deals, high minimum fees |
| 3 | GoFundMe | 0% | 2.9% + $0.30 | $30+ billion raised globally, strong brand recognition | High processing fees, limited business focus |
| 4 | FundRazr | 0% (tips) | 2.9% + $0.30 | Vancouver-based, tax receipts available | Limited marketing reach, basic features |
| 5 | Kickstarter | 5% | 3% + $0.20 | 250,000+ funded projects, strong community | All-or-nothing model, creative focus only |
| 6 | Indiegogo | 5% | 2.9% + $0.30 | InDemand post-campaign feature | High total fees, less focused community |
| 7 | Patreon | 8-10% | Additional fees | Monthly recurring revenue model | Limited to subscription model, high fees |
| 8 | Equivesto | Variable | Included | $120M invested, 6,500+ investors | Limited to accredited investors, complex process |
| 9 | Fundscraper | Variable | Included | RRSP/TFSA eligible, $5,000 minimum | High minimums, real estate only |
| 10 | SeedInvest | Variable | Included | 1% acceptance rate, highly selective | Very exclusive, US-focused |
| 11 | Fundable | $179/month | No success fees | Fixed monthly fees, no success fees | Monthly costs regardless of success |
Detailed Reviews of Top 11 Crowdfunding Platforms in Canada
1. Tiing – Canada’s Premium Crowdfunding Platform
Tiing leads our selection of crowdfunding platforms in Canada with their exclusive approach to participatory financing, setting the standard for accessible fundraising in the Canadian market.
This 100% Canadian platform provides immediate campaign setup with multilingual support, allowing entrepreneurs to launch projects across all sectors without restrictions. The platform charges only $1 per contribution plus 4% – completely transparent with no hidden fees!
- Platform Type: Donation-based crowdfunding with keep-what-you-raise model
- Project Restrictions: No restrictions – supports all project types and sectors
- Funding Model: Keep-what-you-raise with immediate access to funds
- Maximum Reach: Canadian market focus with bilingual support
- Time Limit: Flexible campaign duration up to 365 days
- Our Verdict: Perfect choice for Canadian entrepreneurs seeking maximum flexibility
2. FrontFundr – Leading Equity Crowdfunding Platform
FrontFundr offers Canada’s most comprehensive equity crowdfunding experience, specifically tailored for growth-stage companies seeking investment.
With over $200 million raised and strict due diligence processes, this platform provides access to sophisticated investor networks while maintaining regulatory compliance under National Instrument 45-110.
- Platform Type: Equity crowdfunding for accredited and retail investors
- Project Restrictions: Growth-stage companies with scalable business models
- Funding Model: Securities offering with regulatory oversight
- Maximum Reach: Canadian investors with international expansion potential
- Time Limit: Typical 90-day offering periods
- Our Verdict: Best choice for serious equity fundraising with institutional quality
3. GoFundMe – Global Personal Cause Platform
GoFundMe delivers the most recognized personal fundraising experience with over $30 billion raised globally.
While primarily focused on personal causes and charitable projects, their massive user base and social sharing features provide unparalleled reach for cause-based campaigns.
- Platform Type: Personal and charitable donation crowdfunding
- Project Restrictions: Personal causes, medical expenses, charitable projects
- Funding Model: Keep-what-you-raise with instant withdrawals
- Maximum Reach: Global audience with 120+ million users worldwide
- Time Limit: Unlimited campaign duration
- Our Verdict: Ideal for personal causes but limited business applications
4. FundRazr – Vancouver-Based Community Platform
FundRazr stands out among Canadian crowdfunding platforms with their community-focused approach and tax receipt capabilities.
This Vancouver-based platform offers a clean interface and strong support for non-profit organizations while maintaining competitive fee structures through voluntary tip system.
- Platform Type: Donation and rewards-based with nonprofit focus
- Project Restrictions: Strong focus on community and charitable projects
- Funding Model: Flexible funding with immediate access
- Maximum Reach: Canadian community focus with social media integration
- Time Limit: Flexible campaign periods
- Our Verdict: Excellent for community projects and Canadian nonprofits
5. Kickstarter – Creative Project Specialist
Kickstarter provides the classic creative crowdfunding experience with over 250,000 successfully funded projects.
Their all-or-nothing model creates urgency while their curated approach ensures high-quality project presentation and engaged backer communities focused on innovation.
- Platform Type: Rewards-based crowdfunding for creative projects
- Project Restrictions: Creative projects only – art, design, technology, publishing
- Funding Model: All-or-nothing – receive funds only if goal is met
- Maximum Reach: 20+ million global backers with strong discovery features
- Time Limit: Maximum 60-day campaigns with fixed deadlines
- Our Verdict: Best for creative products with strong community appeal
6. Indiegogo – Flexible Business Platform
Indiegogo offers the most flexible crowdfunding approach with both all-or-nothing and flexible funding options.
Their InDemand post-campaign feature and broader project acceptance make them particularly suitable for business and technology projects seeking extended fundraising periods.
- Platform Type: Rewards and equity with flexible funding options
- Project Restrictions: Broad acceptance including business and consumer products
- Funding Model: Choice between flexible and fixed funding goals
- Maximum Reach: Global marketplace with international shipping support
- Time Limit: Flexible duration with extension options
- Our Verdict: Great flexibility but less focused community than Kickstarter
7. Patreon – Subscription Content Platform
Patreon revolutionizes content creator funding with their subscription-based model, allowing creators to build sustainable monthly income streams.
While not traditional crowdfunding, their recurring payment system provides predictable revenue for ongoing creative work and community building.
- Platform Type: Subscription-based recurring funding for creators
- Project Restrictions: Digital content, art, podcasts, educational material
- Funding Model: Monthly recurring subscriptions with tier-based rewards
- Maximum Reach: 8+ million active patrons supporting creators globally
- Time Limit: Ongoing subscriptions with monthly billing cycles
- Our Verdict: Perfect for content creators seeking sustainable income
8. Equivesto – Sophisticated Equity Platform
Equivesto provides institutional-quality equity crowdfunding with over $120 million invested through their platform.
Their sophisticated investor base and comprehensive due diligence process make them suitable for mature companies seeking significant capital raises from experienced investors.
- Platform Type: Equity crowdfunding for growth companies
- Project Restrictions: Established businesses with proven revenue streams
- Funding Model: Securities offerings with full regulatory compliance
- Maximum Reach: 6,500+ sophisticated Canadian investors
- Time Limit: Extended offering periods with professional support
- Our Verdict: Best for established companies seeking sophisticated investors
9. Fundscraper – Real Estate Investment Platform
Fundscraper specializes exclusively in real estate crowdfunding, offering RRSP/TFSA eligible investments with minimum contributions of $5,000.
Their focus on Canadian real estate markets provides unique opportunities for property investment through crowdfunding mechanisms.
- Platform Type: Real estate equity crowdfunding
- Project Restrictions: Canadian commercial and residential real estate only
- Funding Model: Property-specific equity investments with defined terms
- Maximum Reach: Canadian real estate investors seeking portfolio diversification
- Time Limit: Property-specific investment periods (typically 1-5 years)
- Our Verdict: Specialized choice for real estate investment focus
10. SeedInvest – Highly Selective Equity Platform
SeedInvest maintains the most exclusive crowdfunding environment with only 1% of applicants accepted.
Their rigorous selection process and focus on high-growth startups attract serious investors seeking pre-vetted opportunities with significant upside potential.
- Platform Type: Equity crowdfunding for vetted startups
- Project Restrictions: High-growth startups with institutional backing potential
- Funding Model: Equity investments with professional due diligence
- Maximum Reach: US-focused with limited Canadian market access
- Time Limit: Extended offering periods with comprehensive support
- Our Verdict: Exclusive platform for highest-quality opportunities
11. Fundable – Small Business Focus Platform
Fundable caters specifically to small businesses with their unique monthly subscription model rather than success-based fees.
Their fixed $179 monthly cost provides predictable expenses while offering both rewards and equity crowdfunding options for established small businesses.
- Platform Type: Small business focused with rewards and equity options
- Project Restrictions: Established small businesses seeking growth capital
- Funding Model: Subscription-based with comprehensive campaign tools
- Maximum Reach: US small business community with some Canadian access
- Time Limit: Ongoing subscription with flexible campaign timing
- Our Verdict: Predictable costs for established small business fundraising
How to Start a Crowdfunding Campaign?
Starting a crowdfunding campaign requires meticulous preparation of 3 to 6 months. Here’s the step-by-step process to launch your crowdfunding campaign:
Preparation Phase (3-6 months)
Assessment and goal definition: Analyze if crowdfunding suits your business model and set realistic goals based on your actual needs. Campaigns with well-defined goals have 40% higher success rates.
Platform selection: Choose the platform suited to your project. Tiing excels for its simplicity and competitive fees, particularly for diverse projects requiring flexibility and bilingual support.Regulatory compliance: For equity crowdfunding, complete the offering document required by National Instrument 45-110 and ensure compliance with provincial regulations.
Launch Phase (30-60 days)
Soft launch: Begin with your close network (family, friends, existing customers) aiming for 30% funding in the first week to maximize success chances.
Public management: Maintain a minimum of 4 updates during the campaign, actively respond to questions, and add new rewards to maintain interest.
Success Factors
Research shows that campaigns with professional videos raise funds 4 times more effectively than those without. The crowdfunding process also benefits from having a strong social media presence and email list before launching.
What Types of Crowdfunding Are Available?
Canada offers four main types of crowdfunding, each adapted to specific fundraising needs:
Donation Crowdfunding
Donation crowdfunding allows collecting funds without financial returns. Tiing excels in this domain with fees of only $1 per contribution plus 4%, allowing project creators to maximize funds raised.
This model is perfect for charitable causes, community projects, and personal campaigns.
Equity Crowdfunding
Equity crowdfunding allows investors to acquire ownership shares in companies. This investment model is regulated by National Instrument 45-110, with investment limits of $2,500 per offering ($10,000 with advice).
Equity crowdfunding platforms have democratized access to private company investments.
The equity crowdfunding sector has seen tremendous growth, with platforms like FrontFundr facilitating over $200 million in investments. This crowd investing approach allows retail investors to participate in early-stage company growth.
Reward-Based Crowdfunding
This model offers products or services in exchange for contributions, particularly popular for creative and technology projects. Backers receive tangible rewards rather than financial returns.
Peer-to-Peer Lending
Investors lend directly to businesses with expectation of repayment plus interest, showing a 91% success rate according to industry data.
You want to start your own crowdfunding campaign?
Do it with Tiing and CLICK here
Who Can Create Crowdfunding Money Pool?
The Canadian ecosystem clearly distinguishes accredited investors from retail investors, democratizing access to investment opportunities:
Retail Investors (General Public)
Regular investors can participate with limits of $2,500 per offering, or $10,000 with advice from a registered dealer. This democratization opens private investment to all adult Canadians. Investment opportunities are now accessible through regulated funding portals.
Accredited Investors
Accredited investors (net assets over $1M or annual income of $200,000) access broader investment opportunities via specialized funding portals. These investors can participate in larger deals and have fewer investment restrictions.
Funding portals play a crucial role by conducting due diligence, holding funds in escrow, and ensuring regulatory compliance to protect all types of investors.
Detailed Crowdfunding Process
The crowdfunding process follows a structured methodology maximizing success chances:
Strategic Preparation
The process of crowdfunding begins with thorough business concept validation, followed by financial document preparation and marketing strategy. Funding portals play a crucial advisory role during this phase.
Key elements include market research, competitive analysis, and building a pre-launch community. The crowdfunding process benefits from having clear milestones and realistic timelines.
Execution and Monitoring
During the active campaign, funding depends on constant community engagement, with regular updates and transparent communication with contributors. Successful campaigns typically see 30% of their goal reached within the first week.
Post-Campaign
The final phase of the process includes delivering promised rewards and maintaining community relationships for future funding rounds. Long-term relationship building often leads to repeat supporters and word-of-mouth marketing.
You want to start your own crowdfunding campaign?
Do it with Tiing and CLICK here
Frequently Asked Questions (FAQ)
How much does it cost to use crowdfunding platforms?
Costs vary significantly: Tiing charges $1 + 4%, Kickstarter charges 5% + 3%, GoFundMe charges 2.9% + $0.30, and equity platforms like FrontFundr charge $5,500 + 7%.
Consider both platform fees and payment processing fees when calculating total costs
What’s the difference between equity and donation crowdfunding?
Equity crowdfunding involves selling company shares to investors who expect financial returns, while donation crowdfunding involves receiving funds without giving up ownership or promising financial returns.
Equity crowdfunding is more regulated and suitable for businesses seeking investment.
Can anyone invest in equity crowdfunding in Canada?
Yes, but with limits. Regular investors can invest up to $2,500 per offering ($10,000 with dealer advice), while accredited investors have higher limits.
This democratization allows all Canadians to participate in private company investments.
What documents do I need for equity crowdfunding?
You’ll need an offering document, financial statements, business plan, and compliance with National Instrument 45-110 requirements.
Most equity crowdfunding platforms provide templates and guidance for document preparation.
How do I choose between different types of crowdfunding?
Consider your goals: use donation crowdfunding for causes or community projects, reward crowdfunding for product launches, equity crowdfunding for business investment, and peer-to-peer lending for debt financing.
Your choice depends on what you’re offering backers in return.
What makes a crowdfunding campaign successful?
Successful campaigns typically have: clear value proposition, professional presentation (especially video), strong pre-launch community, realistic funding goals, attractive rewards or returns, regular communication, and strong marketing strategy.
Campaigns reaching 30% of their goal in the first week have a 90% success rate.
