What is Fundly?
Fundly is an online sign-up software platform designed to streamline volunteer management and event planning. The service offers customizable online sign-up sheets and schedules, catering to a diverse user base including schools, nonprofits, and businesses organizing events. Beyond basic scheduling, Fundly integrates features for donations, auctions, ticket sales, and payments, enhancing the overall fundraising experience for its users. The platform's aim is to support users in effectively managing their donation campaigns and operational logistics.
How much funding has Fundly raised?
Fundly has raised a total of $13M across 4 funding rounds:
Angel/Seed
$800K
Angel/Seed
$2M
Series A
$8.2M
Debt
$2M
Angel/Seed (2010): $800K, investors not publicly disclosed
Angel/Seed (2011): $2M led by Charles River, Endeavor Partners, Accelerator Ventures, Correlation Ventures, and Kapor Capital
Series A (2011): $8.2M supported by Correlation Ventures, Seraph Group, Morgenthaler Private Equity, Kapor Capital, and Accelerator Ventures
Debt (2012): $2M featuring Seraph Group, Morgenthaler Private Equity, Kapor Capital, and Correlation Ventures
Key Investors in Fundly
Charles River
Charles River provides solutions to accelerate drug, chemical, and medical device development, supporting clients from basic research through commercialization with an expansive end-to-end portfolio.
Endeavor Partners
Endeavor Partners is a technology, innovation, and strategy firm focused on empowering business leaders through digital and deep technologies for breakthrough innovations, emphasizing humane and sustainable deployment.
Accelerator Ventures
Accelerator Ventures focuses on financing and managing groundbreaking early-stage life science companies with strong commercial promise and the potential for early proof of concept data.
What's next for Fundly?
The recent major strategic investment in Fundly suggests a focus on expanding its market reach and enhancing its platform capabilities. With a substantial total funding amount of $13M, the company is well-positioned to pursue aggressive growth strategies. This could involve further development of its integrated payment and donation features, strategic partnerships, or market penetration into new sectors. The enterprise-level nature of this capital infusion points towards an ambition to solidify its position as a leader in event management and fundraising software.
See full Fundly company page