Fundraise Up
AI-Powered fundraising solution aiming to help nonprofits increase donations.
Overview
$51,475 - RegCF
$101,475 - Total
$101,475 - Total
Total Commitments ($USD)
Platform
SeedInvest
Start Date
04/12/2018
Close Date
06/15/2018
Min. Goal
$250,000
Max. Goal
$500,000
Min. Investment
$500
Security Type
Debt
SEC Filing Type
RegCF
/ RegD 506(c)
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
06/16/2018
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$817
Momentum
Not Funded
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Year Founded
2017
Industry
Financial & Insurance Products & Services
Tech Sector
Location
Brooklyn, New York
Fundraise Up wants to help nonprofits increase their donations. Due to donor friction (aka all the annoying questions and pop-ups that occur when you go to donate online), only one in seven people who start the donation process actually completes it. Fundraise Up streamlines the online donation, so that more people who start the process will actually complete it. They do this through their customized widget that caters to each digital donor. So far, 23 nonprofits have added Fundraise Up’s widget to their donation page, and Fundraise Up has processed $45,000 of donations since their launch in December 2017. They’ve seen 32% complete their transaction, which is a huge improvement compared to the 15% that represents the industry standard. Plus, Fundraise Up has partnered with Amply to automate company matching, and the founders know what they’re doing - they previously co-founded a marketplace development company with over $1M lifetime revenue.
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Fundraise Up | 04/29/2019 | Wefunder | $8,000,000 | $0 | SAFE | Not Funded | RegCF |
| Fundraise Up | 06/14/2018 | SeedInvest | - | $101,475 | Debt | Not Funded | RegCF / RegD 506(c) |
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