Tech Company Financing Transactions
Funraise Funding Round
Funraise, based in Long Beach, secured $3 million in funding from Toba Capital and private investors.
Transaction Overview
Company Name
Announced On
8/9/2017
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Seed
Investors
Toba Capital (Lead Investor) (Vinny Smith)
Proceeds Purpose
This investment allows Funraise to accelerate our product roadmap, which is full of new fundraising concepts that will allow nonprofits to break through decades-old fundraising strategies that are no longer relevant to the modern donor.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
236 E. 3rd St. 100
Long Beach, CA 90802
USA
Long Beach, CA 90802
USA
Phone
Website
Email Address
Overview
Funraise was started by Cofounders Justin, Jason, and Tony while they were working together at a nonprofit organization. Together we had over 15 years of nonprofit experience and had raised millions online, but we were continually spending significant resources to implement technology solutions for our fundraising ideas.
Management Team
Title
Name
Email & Social
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We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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