What is GiveGab?
GiveGab, now operating under the Bonterra umbrella, provides comprehensive nonprofit software solutions focused on fundraising, case management, and corporate giving. The platform is engineered to enhance social impact and streamline operations for a diverse clientele, including nonprofits, foundations, corporations, and government agencies. Bonterra's offerings are instrumental in supporting over 170,000 nonprofits and have facilitated an impressive $18 billion in annual giving. Their integrated tools cover fundraising, volunteer management, grant management, and case management, all aimed at boosting efficiency and achieving better outcomes for their clients through data-driven insights.
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, Excell Partners, Inc., and Great Oaks Venture Capital
Angel/Seed (2015): $1.2M led by Cayuga Venture Fund, Great Oaks Venture Capital, Excell Partners, Inc, and Rand Capital Corporation
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
Cvf.biz is a company operating in the Venture Capital & Private Equity industry, headquartered in Washington, District of Columbia. It focuses on providing capital and strategic support to businesses.
Great Oaks Venture Capital
Great Oaks Venture Capital is an early-stage investment firm that supports founders building transformative companies across various sectors, with a focus on software, healthcare, financial services, marketplaces, and enterprise solutions.
Excell Partners, Inc
Excell is a venture capital fund that invests in high-tech, high-growth startups in New York State, providing capital and hands-on support, with a portfolio spanning Medical Devices, Biotech, and IT/Software.
What's next for GiveGab?
The recent strategic investment signals a robust phase of scaling and market penetration for GiveGab's offerings within the Bonterra ecosystem. This capital injection is anticipated to accelerate product development, enhance customer support, and expand market reach, particularly in areas requiring sophisticated fundraising and corporate social responsibility management. The company's trajectory suggests a continued focus on leveraging technology to maximize philanthropic efforts and operational efficiency for its nonprofit and corporate partners, solidifying its role as a key player in the social impact technology landscape.
See full GiveGab company page
