Givzey Announces $2.1M Seed Round to Accelerate Fundraising’s First Gift Agreement Platform

As fundraising leaders prioritize multi-year giving methods to enhance donor retention and participation, Givzey’s Gift Agreement Platform sees fast progress.

BOSTON, MASSACHUSETTS, UNITED STATES, September 6, 2023/EINPresswire.com/ — Givzey, the fundraising business’s first Gift Agreement Platform, immediately introduced that it has secured $2.1M in an oversubscribed Seed funding spherical to empower nonprofit organizations to scale multi-year pledges to all ranges of giving. The funding will instantly be utilized to speed up hiring in gross sales, advertising and marketing, and product improvement so as to help the fast improve in demand from schools and universities, nonprofit organizations, and healthcare methods.

This spherical of funding consists of investments from Oyster Fund, York IE, CJ Orr and The Orr Group, and members of Tiger 21 Indianapolis Group and Launchpad Enterprise Group. The spherical additionally consists of the appointment of Jere Doyle and Scott Lingle to Givzey’s Board of Administrators.

“Reserving the donation income that nonprofit organizations want to serve their missions is tougher than ever earlier than,” stated Adam Martel, founder and CEO of Givzey. “Multi-year reward settlement solicitations have change into a cornerstone of fundraising technique, however haven’t been ready to be scaled to embody the broader donor base. Givzey’s Gift Agreement Platform is the one resolution that digitizes and automates each the creation and assortment of multi-year pledges to guarantee a documented, scalable, {and professional} donor expertise for presents of all sizes.”

“Because the No. 1 public college within the U.S. for annual alumni giving, William & Mary is dedicated to innovation that secures future fundraising progress to help our folks and applications. Earlier than Givzey, we had a wonderful multi-year giving technique for main presents. Givzey has enabled us to open the door to scaling these multi-year giving alternatives broadly throughout management and annual giving, board members, and to every of our fundraising items—impacting retention, bookable income, and pipeline progress. Givzey adjustments the chances and we’re proud to accomplice with their stellar staff,” stated Matthew T. Lambert, Vice President for College Development, William & Mary.

“York IE appears for founders who know their market higher than anybody else. Adam Martel was the primary to convey AI to the nonprofit sector when his staff launched the world to Gravyty in 2016. Once more, he has assembled a world-class core staff – a gaggle of former nonprofit fundraisers and senior leaders – to remedy essentially the most urgent challenges the sector faces immediately. We’re impressed with Givzey’s product, progress, and buyer traction and consider Givzey is the way forward for fundraising,” stated Joe Raczka, Co-Founder and Managing Accomplice of York IE.

“I’m actually happy to see how rapidly this funding spherical got here collectively in a comparatively powerful market. It’s a reflection of the truth that this world-class staff is firing on all cylinders, has executed a really deft product transition, is aware of its market effectively, and is now experiencing robust market pull for his or her options,” stated Christopher Mirabile, Givzey Board Member and Government Chair of Launchpad Enterprise Group.

Jere Doyle, who joins Givzey’s board of administrators, is likely one of the most energetic early-stage Seed traders within the U.S. Jere has been an adviser and investor to many start-ups and a passionate mentor and coach to many CEOs by The Oyster Fund, Sigma Prime Ventures, and Doyle Enterprises over the previous decade. He’s recognized for his power and enthusiasm for “all issues entrepreneurship” and helps Founders and CEOs develop their firms and nurture success – with a give attention to how to construct world-class groups, launch disruptive merchandise, and drive buyer acquisition on the proper value whereas maximizing the lifetime worth of consumers. As an entrepreneur, Doyle has beforehand constructed two startup firms—Prospectiv and World Advertising—into acknowledged business leaders.

Scott Lingle, a faith-driven investor and entrepreneur who has led 4 completely different firms to be acknowledged by INC 5,000, joins Givzey’s board of administrators. Scott has been within the well being and enterprise industries for over 30 years. He has served as Vice President of Gross sales for UnitedHealthcare, Chief Gross sales Officer at Well being Insurance coverage Improvements Inc (HIIQ), Co-founder and CEO of ISG, Co-founder and Chair of Transform Well being, and most lately a personal cash lender at Lingle Investments LLC.

About Givzey

Givzey is a rapidly-growing, Boston-based digital fundraising options firm, constructed by fundraisers for nonprofit organizations. As fundraising’s first Gift Agreement Platform, Givzey empowers fundraisers to simply and instantly formalize and guide pledges of all sizes by scaling multi-year giving methods to all ranges of giving. Resolve retention, develop the pipeline, and improve income with Givzey: www.givzey.com.

About York IE

York IE^® is a vertically built-in strategic progress and funding agency for expertise firms. The corporate helps formidable entrepreneurs, operators and traders on their quest to construct startups, innovate at scale and disrupt markets. York IE leverages its proprietary knowledge and automation expertise and deep operational experience to present advisory as a service and to selectively put money into early-stage B2B SaaS. Gas^® Your Strategic Development at York IE.

About Oyster Fund

Since 2014, Oyster Fund has seeded investments in early-stage firms that go on to construct world-class profitable companies. Centered within the Boston and New York areas, Jere appears for firms led by rock-star CEOs and administration groups. Oyster Funds invests in each the consumer-facing and business-facing sectors, together with Web, Huge Knowledge, cellular, Saas advertising and marketing instruments, eCommerce, AdTech, marketplaces, and different enabling applied sciences.

Kevin Leahy
Givzey
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