What is FlipGive?
Founded in 2016, FlipGive operates a sophisticated digital platform that transforms everyday consumer transactions into meaningful financial contributions for community groups. The company's proprietary technology allows users to earn cash back on essential purchases, including retail shopping, travel bookings, and dining, which is then directly allocated to team or organizational budgets. This marketplace-driven approach to fundraising removes traditional barriers to entry, providing a seamless, automated solution for groups that historically relied on labor-intensive, manual collection methods. By integrating with major retail partners, FlipGive has established a scalable, high-frequency transaction model that benefits both the end-user and the community beneficiary.
How much funding has FlipGive raised?
FlipGive has raised a total of $8.6M across 2 funding rounds:
Series A
$5M
Other Financing Round
$3.6M
Series A (2019): $5M with participation from iGan Partners, Framework Ventures, and FJ Labs
Other Financing Round (2023): $3.6M led by BDC Capital Management and Framework Venture Partners
Key Investors in FlipGive
iGan Partners
A prominent healthcare-focused venture capital firm that provides smart capital and active support to founders commercializing innovative solutions.
FJ Labs
A specialized venture firm focusing on marketplace and network effect businesses, boasting a portfolio that includes numerous unicorn-status startups.
BDC Capital Management
An independent investment advisory firm that emphasizes values-based investing and comprehensive financial planning for long-term growth.
What's next for FlipGive?
With the infusion of $3.6M, FlipGive is well-positioned to scale its operations and deepen its market penetration. The company is expected to focus on enhancing its platform's user experience, expanding its network of retail partners, and potentially exploring new verticals within the community engagement sector. As the organization transitions from its initial scaling phase into a more mature enterprise-level operation, the focus will likely shift toward optimizing its AI-driven recommendation engines and strengthening its B2B partnerships. This strategic capital injection provides the necessary runway to solidify FlipGive's market leadership and drive long-term value for its growing base of community stakeholders.
See full FlipGive company page