Kaleidoscope Raises $2 Million in Additional Funding to Accelerate Growth and Transform Education-Based Philanthropy
Summary
The companys breakthrough solution includes a full-service disbursement capability that dynamically distributes and tracks funds awarded to recipients and a unified communications tool that simplifies messaging for applicants, sponsors and supporters. "This investment represents a vote of confidence in our team, vision and ability to transform education-based philanthropy, and in the significant growth and milestones weve already achieved in a very short time, said Jason Von Bank, CEO of Kaleidoscope. With the additional capital, we will further scale our team and drive product innovation, reinforcing our position as the undisputed leader in the scholarship platform space. "With the new infusion of capital, Kaleidoscope is set to accelerate its expansion and innovation, bringing its platform to more organizations and students across the nation. Kaleidoscope is building a future where financial aid and funding solutions are smart, cost-effective and as unique as the applicants they serve.