Sex certainly sells, but not necessarily in the banking and investing world. In fact, companies that make products like sex toys often struggle to get support from squeamish banks, investors and venture capitalists. So what's an enterprising inventor of a new-fangled sex toy to do? One option that's become increasingly popular - and successful - is to seek out "crowdfunding" via online fundraising platforms, most notably, Indiegogo. In essence, crowdfunding allows fledgling toy manufacturers to appeal to consumers - the people who will actually use the product - for startup funding. The results have been nothing short of amazing. Check out these eight innovative toys and read about the highly successful Indiegogo campaigns that gave them their start.
Revel Body Sonic Vibrator
Launched: 2013
Raised: $162, 140
Surpassed Funding Goal By: $112,140
There's an old wive's tale that says that Sonicare toothbrushes make the best vibrators. Wait. That isn't an old wive's tale at all. That inspired Revel Body to make a vibrator based on sonic vibration - one without prickly bristles. It also became one of the pioneers of successful sex toy product launches on the Indiegogo platform when it launched the Revel Body ONE on Indiegogo in 2013. The toy's unique, ergonomic design went over well with consumers - and the press. Guy Kawasaki said that "If Apple made a vibrator, this would be it." Supporters responded in droves, and Revel Body raked in $162,140, more than three times its initial funding goal. The company has since launched the second version of its product, the Revel Body SOL Sonic vibrator, which includes the company's patented sonic vibration, along with the ability to provide vibration and suction underwater. (Check out our review of the Revel Body SOL.)