David Mandelbrot believes these kinds of products will be big on the crowdfunding platform this year. He also shares his tips for successful fundraising.
The market is evolving, and so are the products that help drive it. Consumers and backers alike are on the lookout for customizable solutions to everyday problems.
Hiral Sanghavi and his wife raised more than $11 million to design and manufacture a jacket that aims to solve logistical pain points for road warriors.
Despite the initial rejections, Indiegogo has since secured millions in funding from prominent VC firms and it's distributed close to $1 billion to entrepreneurs across the world.