crowdfunding

noun

crowd·​fund·​ing ˈkrau̇d-ˌfən-diŋ How to pronounce crowdfunding (audio)
: the practice of obtaining needed funding (as for a new business) by soliciting contributions from a large number of people especially from the online community

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Crowdsourcing and crowdfunding are two words that have recently found their way into the crowded pool of English. Crowdsourcing, which typically refers to the practice of soliciting services, ideas, or content from a large group of people online, was coined by Jeff Howe in a 2006 article in Wired, and crowdfunding was created by entrepreneur Michael Sullivan in that same year. Both words conceptualize "the crowd" as a vast online community from which something needed may be obtained. In crowdsourcing, the crowd is called upon for needed assistance or information. A well-known use of crowdsourcing is Wikipedia, whose content is the result of various contributors. Crowdfunding, on the other hand, involves a more specific request: the crowd is solicited for financial contributions to a particular venture or cause, such as a film project or cancer research.

Examples of crowdfunding in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The one cool trick to breaking through and generating momentum via crowdfunding is that there is absolutely no cool trick. Sarah Shachat, IndieWire, 29 Apr. 2026 In this case, the DAO offered a crowdfunding mechanism, designed to let anyone contribute to a pool of capital, and share in a new pool of tokens. Emin Gün Sirer, Fortune, 28 Apr. 2026 Many are financed through crowdfunding, with subscribers garnering exclusive perks, and embrace subtitles and alternate audio (a series like the Japanese cyberpunk Milky Subway is dubbed in 10 different languages). Abbey White, HollywoodReporter, 9 Apr. 2026 All crowdfunding projects have an element of risk, but backers of the startup's first Kickstarter for an all-in-one smart telescope seem satisfied with their all-in-one smart telescope - shipping grumbles aside. New Atlas, 8 Apr. 2026 See All Example Sentences for crowdfunding

Word History

Etymology

from gerund of crowdfund

First Known Use

2007, in the meaning defined above

Time Traveler
The first known use of crowdfunding was in 2007

Browse Nearby Words

Podcast

Cite this Entry

“Crowdfunding.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/crowdfunding. Accessed 2 May. 2026.

Kids Definition

crowdfunding

noun
crowd·​fund·​ing ˈkrau̇d-ˌfən-diŋ How to pronounce crowdfunding (audio)
: the practice of obtaining funding (as for a new business) by seeking contributions from a large group of people and especially from the online community
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