If you’re a newbie political candidate without party support, finding out if you can garner some traction would be helpful.
Crowdpac was a progressive political crowdfunding platform that allowed new, non-traditional candidates to test the waters to see if there might be support out there for their candidacy.
Crowdpac raised about $16 million through 2018 when it was shuttered due to a lack of operating funds.
According to The Hill, “Forty-six percent of the nearly 3,000 candidates who used the money raised were women, while 29 percent were millennials. Another 20 percent were veterans.”
The site has been acquired by a company called Prytany that intends to reduce its fees from 8% to 3%.
While Prytany is non-partisan, it will permit Crowdpac to retain its progress bent as it will be run by a former staffer of Sen. Ted Kennedy.
Since most of the current crop of Democratic candidates for President have renounced corporate and PAC donations, the need for a grass roots crowdfunding mechanism has become even more important.