RaiseNow News

The story behind RaiseNow’s 5.4 Million CHF Series A+ announcement

Clara Lu By Clara Lu Oct 22, 2020
RaiseNow Team

Social, mobile, and the rise of crowdfunding are transforming the way people give, and the pace of change is unprecedented. As nonprofit organizations around the world go through an intense and accelerated phase of digital transformation, RaiseNow is at the heart of this movement.

The change, which ranges from the way supporters connect with causes, to organizations diversifying their fundraising strategies to unlock new donors, forms the basis of our story and growth.

At RaiseNow we understand the challenges that nonprofits face and every day we ask ourselves:

  1. How can we enable more changemakers to address world issues?
  2. How can we make fundraising an easy and enjoyable experience for both fundraisers and supporters?
  3. How can we help organizations utilize their data to make better decisions?

These are just some of the questions that we’ve been working to answer, by innovating and building top-notch tools and processes to increase the efficiency and cement the success of charities and organizations around the world.

Our inflection point

Today we’re announcing that RaiseNow has raised 5.4M CHF in a Series A+ investment round. Led by SIX Fintech Ventures with PostFinance and other individual investors, we’re channeling this additional capital to enhance our product suite and allow us to better serve changemakers in finding supporters, rallying communities, raising funds, and creating impact.

This is a significant event for RaiseNow, but it is only a milestone on the road to bigger and better things. From our humble beginnings in 2015, we’ve grown from a team of 3 to 50 presently serving over 4,000 organizations around the world.

We have created and fostered a solution that brings the power of fundraising technology to organizations of all sizes. Within the last six months, we’ve extended our fundraising ecosystem by forging new partnerships with TWINT, Salesforce, ClubDesk, Webling, and more, and greatly expanded our product functionality, including:

  • A self-service portal for the creation of TWINT QR codes
  • Enhanced Peer-to-Peer pages with team fundraising campaigns
  • Additional local payment methods
  • Comprehensive integration with Salesforce.org

Although this Series A+ announcement is one to be proud of, our story is still in its infancy

Creating impact around the world

The primary purpose of this round was to accelerate product development by investing in our ecosystem and raising our technology capacity. Our eighteen-member research and development team – the most of any fundraising technology provider in Europe – pushes the envelope in solving the most challenging problems that fundraisers face today. 

As we look to further equip you with the right tools and support, we recognize that you need a robust platform to not only manage your day-to-day operations and campaigns, but one that also allows you to easily manage donor relationships, diverse fundraising touchpoints, multiple payment methods, and provide accessible analytics that can help you identify actions that move the needle. We will be making significant product investments in these areas both on the RaiseNow platform and with our partners.

We will be better able to help great causes reach more people and raise more money – more effectively and intelligently than ever before. You can read our full press release here.

This is an inflection point for our team and community as we accelerate the realization of our mission: to help create a just world by enabling changemakers today with the technology of tomorrow. We stay committed to providing value at every turn and helping every fundraiser achieve long-lasting impact. There is a lot more in the pipeline. We thank you for being a part of our journey, and look forward to achieving more with you.

Join the movement

If you’re passionate about engaging your donors and supporters in the best possible way, we are here to help. Find out more about our products here.

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