Announces Strategic Investment by SoftBank’s Opportunity Fund —
Summary
“We were drawn to Resilia given the team’s deep understanding of the journey and pain points facing their grantor and grantee customers, as well as the impact that technology can play in solving them,” SB Opportunity Fund Managing Partner Shu Nyatta said. “The platform gives organizations that are often under-resourced and capacity constrained the power to amplify their missions and more quickly scale their impact.” Founded in 2016 by CEO and serial entrepreneur Sevetri Wilson, Resilia’s SaaS-based technology helps organizations and change makers build capacity, maintain compliance, and scale programs with data-driven solutions. Resilia’s Funder Platform enables grantors (foundations, corporations, and cities) to empower their grantees with on-demand technical assistance and capacity support. “The nonprofit sector, which employs nearly 15% of the United States work force and is responsible for billions of dollars in investments, has been chronically underserved by technology,” Wilson says. “We are excited about this investment as we continue to work towards democratizing philanthropy, re-centering nonprofits, and giving funders, such as private foundations, governments, public charities, or corporations, the opportunity to provide on-demand capacity-building resources to their partners.” The announcement comes on the heels of Wilson’s newly published book, Resilient: How to Overcome Anything and Build a Million Dollar Business With or Without Capital, which recently reached the Wall Street Journal bestseller list.