GoFundMe is an American for-profit crowdfunding platform that empowers individuals and organizations to raise funds for a wide array of causes. Since its inception in 2010, the platform has become a global leader in online fundraising, facilitating the collection of over $30 billion from more than 150 million donors. The company's mission is to help people help each other, providing a user-friendly interface that makes it simple to create, share, and manage fundraising campaigns. These campaigns span a vast spectrum of needs, from personal life events like educational pursuits and celebrations to critical circumstances such as medical emergencies, accidents, and illnesses. GoFundMe's business model is centered on creating a space where compassion can be turned into tangible action, leveraging the power of social networks to amplify stories and rally support from a global community.
The platform's reach and impact are substantial, with a significant portion of its campaigns dedicated to medical fundraising, highlighting its role in addressing gaps in healthcare coverage. GoFundMe operates on a donation-based model, where organizers can set up campaigns for free. The company's revenue is generated through transaction fees on donations. Headquartered in Redwood City, California, GoFundMe has cultivated a strong company culture, recognized as a Great Place to Work. The company has also expanded its services to better support non-profit organizations through its acquisition of Classy, now known as GoFundMe Pro. This strategic move combines Classy's robust fundraising software with GoFundMe's extensive reach and data intelligence, offering non-profits enhanced tools to inspire giving and maximize their impact. Through its continuous innovation and commitment to user safety, GoFundMe has established itself as a trusted and essential tool for community-driven support and philanthropy worldwide.