What is WizeHive?
WizeHive operates the ZengineTM platform, a secure, cloud-based solution designed for mission-based organizations. This highly configurable platform facilitates the end-to-end management of grants, scholarships, and fellowships, offering tailored services and support to meet unique organizational processes, goals, and objectives. The company's focus on providing robust tools for managing complex workflows positions it as a key player in its sector.
How much funding has WizeHive raised?
WizeHive has raised a total of $3.8M across 4 funding rounds:
Private Equity
$980K
Angel/Seed
$1M
Other Financing Round
$1.5M
Debt
$350K
Private Equity (2010): $980K, investors not publicly disclosed
Angel/Seed (2013): $1M led by Goldin Ventures and Gabriel Investments
Other Financing Round (2013): $1.5M supported by Goldin Ventures, Mike Zisman, Gabriel Investments, Gabriel Weinberg, and Mid-Atlantic Angel Group
Debt (2020): $350K featuring PPP
Key Investors in WizeHive
Goldin Ventures
Goldin Ventures is a family office specializing in early-stage companies, particularly B2B Enterprise SaaS and hardware firms. They provide both investment and boutique consulting services to post-revenue technology companies.
Gabriel Investments
Gabriel Investments is an investment group focused on supporting early-stage technology companies in the Philadelphia region, offering financial backing and operational expertise to foster growth.
Mid-Atlantic Angel Group
The Mid-Atlantic Angel Group provides venture capital funding for startups in the Greater Philadelphia Region, bridging the gap between angel and institutional investment.
What's next for WizeHive?
The recent major strategic investment suggests WizeHive is poised for accelerated expansion and further development of its ZengineTM platform. This capital infusion is likely to fuel enhancements in product capabilities, broaden market reach, and strengthen customer support. As WizeHive continues its growth trajectory, it is expected to solidify its position as a leading provider of workflow management solutions for mission-driven entities, leveraging this latest backing to drive innovation and operational excellence.
See full WizeHive company page