What is GiveGab?
GiveGab, now operating under the Bonterra brand, offers a robust platform tailored for the nonprofit sector. Its software solutions are engineered to enhance fundraising efforts, streamline case management, and facilitate corporate giving programs. Bonterra's ecosystem serves over 170,000 nonprofits, foundations, corporations, and government agencies, having facilitated an impressive $18 billion in annual giving. The company's focus on data-driven solutions aims to empower organizations to maximize their social impact and optimize operational efficiency through integrated tools for fundraising, volunteer management, grant management, and case management.
How much funding has GiveGab raised?
GiveGab has raised a total of $12.9M across 7 funding rounds:
Series A
$1.6M
Angel/Seed
$1.2M
Debt
$1.7M
Debt
$1.7M
Private Equity
$4.9M
Private Equity
$1.5M
Debt
$350K
Series A (2013): $1.6M with participation from Cayuga Venture Fund, Rand Capital Corporation, Great Oaks Venture Capital, and Excell Partners, Inc.
Angel/Seed (2015): $1.2M led by Rand Capital Corporation, Great Oaks Venture Capital, Excell Partners, Inc, and Cayuga Venture Fund
Debt (2016): $1.7M, investors not publicly disclosed
Debt (2016): $1.7M featuring Cayuga Venture Fund
Private Equity (2018): $4.9M, investors not publicly disclosed
Private Equity (2018): $1.5M, investors not publicly disclosed
Debt (2020): $350K led by PPP
Key Investors in GiveGab
Cayuga Venture Fund
Cayuga Venture Fund is a venture capital firm operating in the Venture Capital & Private Equity industry, headquartered in Washington, D.C. It focuses on early-stage investments.
Rand Capital Corporation
Rand Capital is a business development company (BDC) that invests in privately-held, lower middle market companies, focusing on maximizing total return through current income and capital appreciation. They invest in early to later-stage businesses with proven products and significant revenue.
Great Oaks Venture Capital
Great Oaks Venture Capital is an early-stage investment firm that supports founders building transformative companies across various sectors, including software, healthcare, and financial services. They provide capital and hands-on support from Pre-Seed to Series A rounds.
What's next for GiveGab?
The recent major strategic investment in GiveGab (Bonterra) signals a strong confidence in its trajectory within the nonprofit technology landscape. This capital injection is likely to be strategically deployed to enhance its existing product offerings, potentially expand into new market segments, and further solidify its competitive advantage. The company's established track record in facilitating substantial giving volumes positions it for continued scaling and innovation, with a focus on empowering its diverse client base to achieve greater social impact through advanced software solutions. Future developments may include deeper integration of AI for donor engagement and impact reporting, alongside continued expansion of its corporate social responsibility tools.
See full GiveGab company page
