Fundraiser Enablement Solutions Company Gravyty Raises $21 Million
Summary
K1’s investment will empower Gravyty with the resources to continue its aggressive growth in bringing AI-assisted fundraiser enablement to the social good sector, which includes higher education institutions, nonprofits, healthcare organizations, and hospitals. “As the first company focused solely on building AI tools to empower fundraising operations, Gravyty has unlocked efficiencies and results that are orders of magnitude beyond what was previously possible. “We are honored that Adam, Rich and the Gravyty team chose K1 as their preferred investment partner, and look forward to supporting them as they cement their position as the market leader in fundraiser enablement,” stated Mike Velcich, Principal at K1. And its customers expand their fundraising workforces without making additional hires, build donor pipeline at scale, inspire giving, and raise revenue on their missions to change our world. “For 15 years, Cure Alzheimer’s Fund has provided research grants to the world’s leading scientists who are working to understand the disease and find effective treatments.
Funding
Classifications
AskAI Classifications
LabelsLinked Companies
