During the last years, crowdfunding gained attention as alternative source of funding for a variety of projects. More and more creative, artistic and entrepreneurial projects search funding through the crowd. However, crowdfunding markets are often considered inefficient and shaped by information asymmetries. Although first project characteristics towards governance mechanisms have been identified, the general use of governance mechanisms in crowdfunding and their impact on funding success have mostly remained uncovered. With that in mind, we present preliminary results on the influence of governance mechanisms on funding success of crowdfunding projects. We assessed 108 projects from 18 platforms in order to measure the use of governance mechanisms and to discover differences between the types of crowdfunding. We find that archetypes of governance mechanisms with influence on the funding success exist and intend to contribute to theory that explains the use of governance mechanisms in crowdfunding
