RaiseNow, an online charitable giving technology provider, recently announced it secured CHF 5.4 Million through its Series A+ funding round, which was led by SIX Fintech Ventures, with existing investor PostFinance and individual investors participating in the round.
Founded in 2015, the RaiseNow platform supports ambitious fundraisers to grow their online fundraising. Use solutions for all digital touch points, from SMS donations and mobile phone apps right up to peer-to-peer event fundraising and donation forms.
“We integrate your email and social media channels and make everything tightly work with your existing fundraising and donor database.”
Speaking about the investment and the platform’s growth, Marco Zaugg, Founder and CEO of RaiseNow, stated:
“As an industry, we are just scratching the surface of how powerful fundraising technology can be when it’s combined with donor data, diversified channels, integrated and automated processes, and massive opportunities offered by dynamic shifts in the industry. Having the strong commitment and domain expertise of our existing and new investors will help us execute our vision even more rapidly and broadly.”
RaiseNow also noted that the financing round followed a strategic merger earlier this year between it and Altruja, a fundraising technology company specialized in the growth of digital fundraising in Germany and Austria. RaiseNow currently supports more than 4,000 organizations around the world, including Save the Children International, WWF, Amnesty, UNICEF – processing more than 2.5 million transactions and a donation volume of over €300 million.