What is Funraise?
Founded in 2015 and headquartered in Long Beach, California, Funraise offers a comprehensive fundraising platform designed to streamline operations and enhance resource management for its clients. The company leverages a modern data management strategy to provide tools that save customers valuable time and capital. Funraise's platform is built to support organizations in optimizing their fundraising efforts through technology.
How much funding has Funraise raised?
Funraise has raised a total of $12.7M across 2 funding rounds:
Angel/Seed
$3M
Series A
$9.7M
Angel/Seed (2017): $3M with participation from Toba Capital
Series A (2018): $9.7M led by Toba Capital
Key Investors in Funraise
Toba Capital
Toba Capital is an early-stage investment firm focused on creating innovative technology companies with long-term growth potential. They typically invest at the Seed and Series A stages, with core themes including SaaS, IT Infrastructure, and Climate & Energy.
What's next for Funraise?
The recent major strategic investment suggests Funraise is entering a phase of accelerated growth and market expansion. This influx of capital is likely to be deployed towards enhancing its platform's capabilities, expanding its market reach, and potentially exploring new technological integrations. The company's focus on data management and modern fundraising tools positions it well to capitalize on the evolving needs of the non-profit and enterprise sectors, aiming to solidify its market leadership.
See full Funraise company page
