REMOTE – Givebutter, a remote provider of a free operating system for nonprofit fundraising, raised $7M in Seed funding.
Backers included 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. Along with the new capital, Givebutter added Phil Bronner, Co-Founder at Ardent Venture Partners, to its Board of Directors as a Board Observer. The company intends to use the funds 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.Co-founded by Max Friedman, Liran Cohen, and Ari Krasner, Givebutter is a fundraising platform on G2, powering $300m+ in donations for more than a million changemakers worldwide. Nonprofits use it to replace multiple categories of tools, including donation forms, fundraisers, events, donor management (CRM), email, texting, and more. Instead of charging a traditional SaaS subscription fee, Givebutter is completely free to use with a 100% transparent tip-or-fee model.The company was also recently accepted into the second cohort of Hyper, a new startup accelerator backed by Sequoia and Andreessen Horowitz focused on distribution, community, mentorship, talent, and funding.28/06/2022
