What is Fundly?
Fundly is a platform that enhances the fundraising experience by integrating with online sign-up software. Its core functionality is built upon SignUpGenius, an online sign-up software designed to streamline volunteer management and event planning. SignUpGenius offers customizable online sign-up sheets and schedules tailored for schools, nonprofits, and business events. The platform also provides features for donations, auctions, tickets, and payments, aiming to support users in managing their donation campaigns effectively. This integration with Fundly signifies a strategic move to bolster its donation and payment processing capabilities, positioning it as a comprehensive solution for event organizers and non-profits seeking efficient management and fundraising tools.
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 Correlation Ventures, Charles River, Endeavor Partners, Accelerator Ventures, and Kapor Capital
Series A (2011): $8.2M supported by Accelerator Ventures, Kapor Capital, Seraph Group, Correlation Ventures, and Morgenthaler Private Equity
Debt (2012): $2M featuring Seraph Group, Correlation Ventures, Morgenthaler Private Equity, and Kapor Capital
Key Investors in Fundly
Correlation Ventures
Correlation Ventures is focused on reinventing industries through innovative investment strategies, providing groundbreaking data science to help companies transform their respective fields and achieve lasting value.
Charles River
Charles River delivers solutions to accelerate the development of drugs, chemicals, and medical devices, supporting clients from basic research to commercialization with an expansive end-to-end portfolio.
Endeavor Partners
Endeavor Partners is a boutique technology, innovation, and strategy firm empowering business leaders to create a prosperous future by harnessing digital and deep technologies for breakthrough innovations.
What's next for Fundly?
With the recent major strategic investment, Fundly is poised for significant expansion and enhancement of its service offerings. The substantial capital infusion, particularly the $2M received, suggests a focus on scaling operations, further developing its technology stack, and potentially broadening its market reach. This strategic backing will likely enable Fundly to refine its integration with SignUpGenius, optimize its donation and payment processing features, and explore new avenues for user acquisition and retention. The company's established funding history indicates a mature lifecycle stage, suggesting that this latest round is geared towards solidifying its market leadership and driving innovation in the event management and fundraising technology sector.
See full Fundly company page
