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Fundraise Up claims its AI can boost nonprofit donations
Fundraise Up, a startup developing a donation platform for nonprofits, has raised $70 million in a growth round led by Summit Partners.
Image Credits: Fundraise UpThere are plenty of donation tools for nonprofits out there, including Give Lively, Zeffy, and Funraise. “The problem with lock-in contracts — the go-to model for legacy providers — is that nonprofits are paying upfront for a service before seeing any result,” Byrnes said. Over 3,000 nonprofit organizations are using the platform today, according to Byrnes, including the Canadian Red Cross, the American Heart Association, and The Salvation Army UK.
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