Investor Type | Firm |
Industries | Software (Web Marketplace Saas..) • IT (& TMT) • Media • Businesses Solutions • FinTech (& Financials services) • 3D Printing |
Stages | Early Stage VC, Seed Round, Series B |
Investing | United States |
Investment Range | £320,000 - £4,400,000 |
GoFundMe operates as a crowdfunding platform that has redefined the way people give and support causes that matter to them. Specializing in fundraising for various categories such as medical expenses, education, community projects, sports, emergencies, and pets, GoFundMe has made a significant impact as the world's largest online fundraising platform. They have successfully enabled campaign organizers to raise over $4 billion, evidencing the platform's extensive reach and influence. GoFundMe's platform is underscored by its robust management team with executives hailing from renowned companies like LinkedIn, Groupon, and Google. These leaders have been instrumental in shaping GoFundMe into an influential consumer Internet company. Furthermore, GoFundMe's venture backing comes from prestigious Silicon Valley venture capital firms, namely Accel, Greylock, and TCV, which speaks to the trust and potential investors see in the company. Within its investment avenue, GoFundMe targets early-stage and growth-stage ventures via Early Stage VC, Seed Round, and Series B financing. Their investment range demonstrates flexibility and support for startups at various development phases, with a minimum investment of $320,000 and a maximum investment cap of $4,400,000. The platform's operational philosophy is about making fundraising accessible and powerful, as reflected by their tools and resources available to fundraiser initiators. With important features such as the GoFundMe Giving Guarantee and the support for fundraisers across various causes, GoFundMe continues to innovate in the sphere of personal and charitable fundraising. Speaking to their approach, they strive for simplicity in usage with a significant emphasis on security and trust, ensuring donors and recipients alike can transact with peace of mind. The industries they focus on include Software (Web Marketplace, SaaS), IT (including TMT), Media, Business Solutions, FinTech (including Financial Services), and 3D Printing.