What is Daffy?
Founded in 2021 by Adam Nash and Alejandro Crosa, Daffy operates as a 501(c)(3) non-profit organization designed to simplify the complexities of charitable giving. The platform functions as a digital-first donor-advised fund, allowing users to contribute diverse assets—including cash, equities, and cryptocurrency—into tax-advantaged accounts. By integrating investment management with a user-friendly mobile application, Daffy enables members to automate recurring donations and track their philanthropic impact across more than 1.5 million qualified charities. The company's market position is defined by its commitment to removing friction from the giving process, effectively transforming how individuals and families manage their long-term charitable goals.
How much funding has Daffy raised?
Daffy has raised a total of $17.1M across 1 funding round:
Series A
$17.1M
Series A (2022): $17.1M with participation from XYZ Venture Capital, Coinbase, and Ribbit Capital
Key Investors in Daffy
XYZ Venture Capital
A venture firm focused on early-stage founders, specializing in fintech and enterprise sectors with a philosophy centered on rapid execution and operational support.
Coinbase
A global leader in financial infrastructure for the crypto economy, providing liquidity and technology services for both institutional and retail participants.
Ribbit Capital
A Palo Alto-based venture capital firm that invests globally in disruptive financial services brands and entrepreneurs aiming to modernize the industry.
What's next for Daffy?
With the support of this major enterprise-level funding, Daffy is poised to accelerate its product roadmap and expand its user base. The strategic focus will likely center on enhancing the platform's investment portfolio options and deepening its integration with existing financial ecosystems. As the organization scales, it aims to further reduce the barriers to entry for philanthropic engagement, potentially introducing new features that facilitate collaborative giving and community-driven impact. By maintaining its focus on transparency and technological efficiency, Daffy is set to remain a pivotal player in the evolution of the non-profit sector, ensuring that charitable giving becomes a more frequent and intentional habit for its growing community of members.
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