202227 Jun

Givebutter Announces $7M in Seed Funding to Empower the Changemaker Generation

Summary

Givebutter adds 50+ strategic investors to further its mission to power the next billion changemakers.WASHINGTON, June 27, 2022 /PRNewswire/ -- , a product-led company that developed the first free operating system for nonprofit fundraising, announced today that it has completed a seed funding round totaling $7 million. The new funding will allow the company to accelerate its pace of innovation across a wide range of free fundraising tools, including donation forms, campaigns, events, donor management (CRM), emails, texting, and a new auction solution launching later this year.This recent investment in Givebutter comes at a critical time for nonprofits. "The $7 million seed round was made possible by 50+ value-add founders, operators, and funds, including but not limited to Ardent Venture Partners, Hyper, Tope Awotona (Calendly), Shahed Khan (Loom), Jenny Bloom (Mailchimp, Zapier), Elena Gomez (Toast), Geof Barker (Smartsheet), Shreyas Doshi (Twitter, Stripe), David Cummings (Pardot, SalesLoft, Calendly), Jon Hallett (BetterCloud), Sam Parr, Shaan Puri, Sahil Bloom, Julian Shapiro, Allen Gannett, and Jay Love. "Givebutter was also recently accepted into the second cohort of Hyper, a prestigious new startup accelerator backed by Sequoia and Andreessen Horowitz focused on distribution, community, mentorship, talent, and funding.Givebutter is the #1 rated fundraising platform on G2, powering $300m+ in donations for more than a million changemakers worldwide. Givebutter has been certified as a Great Place to Work in 2021 and 2022, and its founders Max Friedman, Liran Cohen, and Ari Krasner were recently featured on Forbes 30U30 list for Social Impact.

Source: Prnewswire

Funding

$7M
Amount
Jun 27 2022
Date
-
Investor

Classifications

Companies