Last summer, I met Jillian Sidoti at a crowdfunding conference and have been trying to get her on my show ever since! We’ve finally got her.
Jillian is a lawyer who helps entrepreneurs with equity offerings, including crowdfunded offerings under Regulation D section 506(c), which allows for general solicitation.
In the fourteen months since the SEC issued the new rules for 506(c), a framework of best legal practices has begun to emerge and Jillian has been at the leading edge of this practice.
For entrepreneurs looking to raise money via equity crowdfunding, this interview is a can’t miss event!
On Tuesday, December 30, 2014 at noon Eastern, Jillian will join me for a live discussion about best practices for a general solicitation in a securities offering. Tune in here then to watch the interview live.
More about SyndicationLawyers.com:
We provide securities transaction services. We assist entrepreneurs with their legal needs in the fundraising process whether it is through a private placement, public offering, or crowdfunding.
Jillian Sidoti specializes in transactional legal matters such as private placement memorandums, Form 10′s, S-1′s, Regulation D filings, trademarks, copyrights, NDA’s, and contractual matters. Jillian also spends her time speaking at seminars educating real estate investors on how to legally raise capital for their real estate investment projects.
Prior to her legal career, Jillian owned and operated a record label enabling her to tour worldwide with artists, including visiting South Africa, Canada, Europe, and the United States. Using that experience, Jillian has been commissioned to write articles and contracts for many music industry entities.
Currently, Jillian teaches Finance and Accounting for the BS and MBA programs at the University of Redlands, drawing on her experience as Financial Analyst, Controller, and CFO for many companies from manufacturing to real estate development. Jillian also teaches a Small Business Management class where students are taught the anatomy of a business plan.
Jordan Holzmann launched Cruxcee, a social venture, to help other social ventures and nonprofits to scale successfully.
Of his thinking about starting Cruxcee, Jordan said, “My motivation for starting Cruxcee was the fact that the social enterprise movement is growing but still makes up a relatively small percentage of companies and revenue generated in the world. Cruxcee has been created to help facilitate growth of these organisations whilst simultaneously supporting the efforts of non-profits. Cruxcee is a place where these organisations can conduct business with other like minded organisations through facilitation on the platform. The goal is help these companies collaborate and grow so that they are the best in their industry. This will enable them to have more of an impact.”
These are early days for Cruxcee, Jordan acknowledges. They are raising money through equity crowdfunding to help the company scale.
Jordan explained, “We are currently raising seed funding on Fundable.com, looking for investors that are in this space and would like to contribute not only their money but expertise. I feel this is very important to maintain the integrity of the product while moving from concept to commercialization.”
On Tuesday, December 30, 2014 at 7:00 PM Eastern, Jordan will join me for a live discussion about the company and its offering. Tune in here then to watch the interview live.
More about Cruxcee:
Cruxcee is the ultimate business platform for social enterprises and nonprofits.
Our platform provides social enterprises and non-profits with a complete set of tools they need to make things happen: from a discovery engine to help them discover and be discovered by like-minded organizations and consumers, to an e-commerce platform where they can sell their products and services alongside other organizations that share their values, to business networking capabilities that let them connect, collaborate and create with other organizations that share their vision.
Jordan Holzmann, 29 is the founder and CEO of Cruxcee, a new online platform for social enterprises and nonprofits, dedicated to providing them with the resources and tools they need to change the world. He has a background in management consulting and business management for small- to medium-sized enterprises, and a passion for ethical, sustainable business practices. He believes there is no compromise between choosing to have a strong, successful & profitable business as long as its core is socially conscious. He holds a degree in Sustainable and Global Development from Murdoch University and is currently undertaking his MBA.
Jacob Cravey is working to help women in Haiti to establish livelihoods through planting trees to restore the largely deforested country. He is raising money on Indiegogo. Recently, I caught up with Jacob to learn more about the effort; here’s what he told me:
What is the social benefit you hope to achieve with or through your crowdfunding campaign?
Trees. In Haiti, they aren’t just trees; they are livelihoods. Through “Fanm Kap Plante” which means “Women Who Plant” in Haitian Creole, We Are Neutral is seeking to help empower a group of 100 women in Kenscoff, Haiti with resources to plant and care for 1,000 fruit trees.
In Haiti, 98% of trees have been deforested, mainly for firewood to use and sell. This has led to the major issue of soil erosion in which rainfall washes topsoil away, increasingly destroying the country’s ability to grow food. In addition to these complications, women face the hardship of gender discrimination that is a structural part of their culture.
The “Fanm Kap Plante” initiative is a proven, creative solution to each of these problems: the roots of the trees hold the soil down, the fruit trees are too valuable for an individual to cut down for firewood, and the fruits provide food for the women to eat and sell.
With the help of Jane Wynne of Wynne Farm Ecological Reserve, we have helped 100 women plant over 2,000 trees. With the success of our work in Kenscoff, Haiti, we are now seeking to plant 1,000 more fruit trees to increase the social benefit to the women 1,000 steps further.
Beyond improving the quality of life for the women of Fanm Kap Plante and their children, the project acts as a safeguard for the future of agriculture in the area, benefitting upcoming generations of Haiti. By educating the community via the women on soil conservation education, our project assures that life-saving soil conservation practices are being spread into the community and passed on to future generations.
We believe the best way to help a group of people is by providing them a way to help themselves indefinitely. Fanm Kap Plante accomplishes this. We designed the project to provide women with resources and education to continue these efforts autonomously and indefinitely. Because of this, this project is self-sustaining with the ability to thrive after our assistance, improving lives beyond the direct scope of this project.
How much money are you hoping to raise and why? How much have you raised so far?
We are seeking to raise $10,000 by January 1st to provide resources for women in Haiti to plant fruit trees; resources in the form of materials, education, and income. So far we have raised $1,070.
Whom are you trying to help with your project and why?
We are helping a group of 100 women in two rural villages of Kenscoff, Haiti. We are also helping Jane Wynne of Wynne Farm Ecological Reserve who is our partner in this project work.
Fahad Hassan is working to care for orphans in Pakistan. he is raising money on Indiegogo. Recently, I caught up with Fahad to learn more about the effort; here’s what he told me:
What is the social benefit you hope to achieve with or through your crowdfunding campaign?
We aim to rebuild hope where it’s been damaged or lost. We work with those in need, those who are underprivileged, and those who are underserved to rebuild and restructure. Our focus lies on community efforts, including small-scale construction protects, shelter, food aid, community awareness, and educational opportunities. We firmly believe it takes a village to raise a child, and if you work on creating the most well equipped society you can, so many problems simply work themselves out.
In Mux Homes we care and educate orphaned and abandoned children. There are many reasons on how they became orphans. Some became because they were illegitimately conceived and others because their parents are unable to feed them because of poverty and gave us to be looked after.
How much money are you hoping to raise and why? How much have you raised so far?
We have raised $60 so far and our target is $500. We have decided to give our children New Winter Clothes (including jackets, socks and dresses), A Party with Full Fun (including better lunch than normal days, different playing activities, and full on music), and in last we will give them Gifts for Christmas (including stuffed toys and reading books).
We have calculated all prices (see below for details) and it will cost $20 per child.
Total will be approximately $31.67 per child. But our children’s age ranges from 4 to 14 years, and you know small kids clothes are bit cheaper than big kids. So we calculated it on average and it will be approximately $20.00 to $21.00 per child.
Whom are you trying to help with your project and why?
As we all know Christmas and New Year are coming within few days. So we Mux Homes decided to give our children a belated New Year’s Party with Santa Claus in 2nd week of January. Yes I know It will be a bit late, but we are limited in funds and cannot afford this Party on time. That’s why we started this campaign to raise funds for our children.
Private foundations join 3,800+ individual GlobalGiving donors from 68 countries to support locally driven Ebola relief efforts
(Washington, D.C.) – On December 17, 2014, GlobalGiving announced that it has raised more than $3 million for Ebola relief from donors in 68 countries through the GlobalGiving crowdfunding community.
GlobalGiving is currently crowdfunding 29 community organizations that are preventing and fighting the spread of the epidemic in West Africa. By connecting donors to nonprofits that are deeply rooted in the affected areas, GlobalGiving helps donors make a lasting impact through organizations that were working in the communities long before this Ebola outbreak; the same organizations that will be there to drive long-term recovery.
The GlobalGiving Ebola Epidemic Relief Fund enables donors of all sizes to reach the ‘last mile’ of Ebola workers. Aaron Debah is a man at that ‘last mile.’ Aaron is a Liberian nurse who has rallied his neighbors to go house-to-house in their community to combat rumors and misinformation in a culturally relevant way. GlobalGiving donors are funding his work through Internews; donations are providing motorbikes, a scanner/copier/printer, and mobile phones, among other supplies. People like Aaron make up the community organizations, clinics, and local radio and television producers that have enormous potential to sway the tide of the epidemic at a hyper-local level.
“Grassroots groups fighting Ebola have formidable challenge,” explains Jennifer Lentfer of How-Matters.org, a leading blog on aid effectiveness. “They must continually seek out and compete for new resources in a funding environment that favors short-term grants to larger, higher-profile groups and that is often led by global trends rather than persistent, ongoing challenges,” she says. GlobalGiving’s co-founder and president, Mari Kuraishi agrees: “That’s one of the most important reasons GlobalGiving supports locally-driven organizations during disasters. We work not only to connect small groups to major funding, but also to help those organizations build their own capacity and funding networks so that their communities will be stronger and more resilient in the face of ongoing challenges and future crises.”
For Kuraishi and GlobalGiving, it’s about even more than just access to funding. “We’re also making sure that local organizations have access to the information and ideas they need to be as effective as possible. We’re connecting organizations of all sizes to technology and information that would have otherwise only been available to major international NGOs.”
Both individual and institutional donors value proximity to local solutions.
More than 3,800 individuals have given to more than 30 Ebola relief projects on the GlobalGiving.org and GlobalGiving.co.uk websites, including GlobalGiving’s Ebola Epidemic Relief Fund. In November, a $200 donation to the Fund came from a community of concerned people in Mozambique: “Though it may not seem like much, this is equivalent to two months minimum wage here. Thank you for connecting our hearts with fellow Africans who are suffering!” said Brian, a man whose family collected and sent the donations to GlobalGiving.
Private foundations have joined the thousands of individual donors to support locally driven organizations combating Ebola in West Africa through GlobalGiving. In August, The Paul G. Allen Family Foundation gave $100,000 to GlobalGiving’s Ebola Epidemic Relief Fund in the form of a matching grant, motivating more than 700 individual donors to give $100,000 over a span of just four days. The William and Flora Hewlett Foundation gave a $400,000 grant to GlobalGiving’s Ebola Epidemic Relief Fund in October. In November, The Leona M. and Harry B. Helmsley Charitable Trust gave $2.2 million to the Fund.
Each of the nonprofits on GlobalGiving has been vetted, and has committed to providing donors regular updates about how donations are put to work. GlobalGiving publishes donation data to the International Aid Transparency Initiative (IATI) on a daily basis.
The GlobalGiving network connects world-changers to funding, information, ideas, tools and technology.
In addition to connecting locally driven organizations to funding, GlobalGiving is also connecting nonprofits to valuable resources. In November, several organizations in the GlobalGiving network expressed a major challenge in the fight against Ebola: they needed faster access to data from the field. GlobalGiving connected those nonprofits with Journey, a South African technology company with a history of success developing mobile health solutions in Africa. Journey is working with GlobalGiving partners to create and distribute the Ebola Care app, helping health workers track individual patients, coordinate education events, follow up with at-risk children and orphans, and log data about survivors.
“In order to be effective during any crisis, accessing real-time data is paramount as time is of the essence,” explains Sam Herring, data manager for More Than Me, an organization using the app in the slum of West Point, Liberia. “Thanks to the Ebola Care app, data that once took weeks to receive is now rolling in by the minute. This allows us to identify hot zones, have our ambulance transport suspected Ebola patients to Ebola Treatment Units immediately, send in our social mobilization team to provide psychosocial support, food, and cleaning items to affected homes, and enable our nursing team to educate residents about prevention.”
Journey and GlobalGiving have mobilized smartphone donations for nonprofits that have the desire and capacity to use the app. After developing the app in partnership with local organizations in Liberia, Journey is distributing the app on smartphones to other GlobalGiving partners who have expressed interest. Journey continues to gather feedback and improve the app based on feedback from the field so that it will become even more effective in meeting the needs of health workers on the ground.
“The whole reason the GlobalGiving community exists is not only to connect local world-changers to people around the world who have funding to can support them, but also to provide access to information, ideas, and tools so that nonprofits can use their funding more effectively,” said Kuraishi. “We’re so glad that the GlobalGiving network is becoming so valuable for vital organizations that would otherwise not have access to corporate or foundation funding, or resources like donated smartphones and a custom-made app.”
GlobalGiving is the first and largest global crowdfunding community for nonprofits. GlobalGiving’s mission is to catalyze a global market for ideas, information and money that democratizes aid and philanthropy. Since 2002, GlobalGiving has helped raise more than $158 million from more than 400,000 donors for more than 11,000 projects in more than 160 countries through GlobalGiving.org and GlobalGiving.co.uk. Each of the nonprofits on GlobalGiving.org has been vetted, and has committed to providing donors regular updates about how donations are put to work. To see the list of GlobalGiving partners responding to the Ebola outbreak, visit www.GlobalGiving.org/ebola.
About The Ebola Care App
The Ebola Care app was made by Journey, a tech startup founded in Cape Town, South Africa in 2009. Journey builds a software platform for companies to rapidly build mobile apps that improve their business processes. Journey has a proven track record for mHealth projects with thousands of users. Find out more at www.appsagainstebola.org.
Dara Albright is one of the bona fide leaders in the investment crowdfunding world. She’s passionate about the potential crowdfunding has to accelerate the economy and to democratize capital by allowing ordinary investors to buy shares in startups and other offerings traditionally available only to the wealthy.
Dara says, “My mission is to provide a workable framework for unaccredited crowdfunding so that smaller investors can access the same opportunities as the financially privileged.”
“Given that Title III is cost-prohibitive for smaller issuers, Title II discriminates against unaccrediteds and the small cap IPO has died, Reg A+ (Title IV) may just provide the most pragmatic solution,” she adds.
Regulation A+, defined under Title IV of the JOBS Act passed in 2012, allows companies to raise up to $50 million without being subject to the full pantheon of SEC regulations for a traditional IPO.
“I just don’t understand the logic behind the existing framework that permits average citizens to purchase stocks only when “sophisticated” investors are ready to dump them,” she concludes.
On Thursday, December 18, 2014 at 6:00 Eastern, Dara will join me for a live discussion about regulation A+. Tune in here then to watch the interview live.
More about Dara Albright:
Since 2011, Dara Albright has been helping set the direction of the crowdfinance industry through leading-edge industry articles and acclaimed conferences and webinars that introduce crowd-driven asset classes such as crowdfunding and p2p lending to the financial community. She produced the very first crowdfunding conference in January 2012 which was headlined by key JOBS Act architects: Congressman Patrick McHenry and Dave Weild. That event birthed the crowdfinance movement and led to the founding of the industry’s trade and leadership organizations. In 2013, she co-founded LendIt which went on to become the largest and most recognized global p2p & online lending conference organization. Some of the most prominent figures in the financial industry as well as the legislature continue to participate in Dara Albright events.
Dara Albright is a recognized authority, thought provoker and frequent speaker on topics relating to market structure, private secondary transactions, next-gen IPOs, P2P and crowdfinance. Albright has held a distinguished 22 year career in IPO execution, investment banking, corporate communications, financial marketing as well as institutional and retail sales. She is a visionary who continues to introduce rising asset classes and crowd-structured financial products to the Wall Street community.
Through her NowStreet blog, Albright was one of the earliest voices covering the JOBS Act and advocating for greater democracy in the equity and credit markets. She produced the very first crowdfunding conference in January 2012 which was headlined by key JOBS Act architects: Congressman Patrick McHenry and Dave Weild. That event helped birth the crowdfinance movement and led to the founding of the industry’s trade and leadership organizations. In 2013, she co-founded LendIt which went on to become the largest and most recognized global p2p & online lending conference organization. Some of the most prominent figures in the financial industry as well as the legislature continue to participate in Albright’s events. Her leading-edge articles that have helped shape the direction of the crowdfinance industry can be found on Equities.com, Crowdfund Insider, Seeking Alpha, Investing.com and Business Insider. She has been featured in Forbes, ABA Banking Journal, Thestreet.com, Private Wealth Magazine as well as in a number of leading industry trade publications. Albright continues to help issuers, investors as well as financial service providers across the globe capitalize during this unprecedented period of financial industry disruption and regulatory reform.
Prior firms she worked for include: Unterberg Towbin, Morgan Stanley Dean Witter, Divine Capital and Citigate Dewe Rogerson. Albright is a proud board member of SparkMarket, the nation’s first bona fide crowdfunding portal allowing unaccredited investors to legally crowdfund via intrastate exemption. She is a graduate of the George Washington University and holds securities industry Series 7, 24, 31 and 63 licenses.
Indiegogo Life – a new personal fundraising site offers easy-to-use tools to help people raise money for themselves and others in need
SAN FRANCISCO, December 15, 2014 – Indiegogo, the world’s largest online funding platform, announces the launch of Indiegogo Life, a service that brings the power of Indiegogo to anyone raising money for emergencies, medical expenses, celebrations or other life events. Indiegogo Life does not charge a platform fee, enabling fundraisers to keep more of the money they raise.
Since launching in 2008 as an open platform, Indiegogo quickly led the way in the personal cause space and made headlines when backers around the world contributed $700,000 to help bullied bus monitor Karen Klein. Since that time, Indiegogo has experienced consistent demand and triple-digit growth in the personal cause category, leading to a site that is focused solely on life events.
“Over the last six years, we have seen many individuals and families face serious financial implications caused by life events,” said Danae Ringelmann, Chief Development Officer of Indiegogo. “With Indiegogo Life, we’re delivering the necessary tools for families, friends, and even strangers around the world to connect and support one another at the most critical times.”
Indiegogo Life offers key benefits to its users, including:
Examples of how personal cause campaigns on Indiegogo have changed lives include:
Indiegogo empowers people around the world to fund what matters to them. As the largest global crowdfunding platform, campaigns have launched from almost every country around the world with millions of dollars being distributed every week due to contributions made by the Indiegogo community. At its core, Indiegogo is an open platform dedicated to democratizing the way people raise funds for any project – creative, entrepreneurial or cause-related. Indiegogo was founded in 2008 and is headquartered in San Francisco, with offices in Los Angeles and New York. In 2014, the company launched Indiegogo Life, a dedicated site that brings the power of Indiegogo to people running fundraisers for medical expenses, emergencies, memorials, celebrations and other life events. For more information, visit www.indiegogo.com and follow us at www.twitter.com/indiegogo and www.facebook.com/indiegogo.
About Indiegogo Life
Indiegogo Life is a service that brings the power of Indiegogo to anyone running a personal fundraiser for emergencies, medical expenses, celebrations or other life events. For more information, visit life.indiegogo.com and follow us at www.twitter.com/indiegogolife and www.facebook.com/indiegogo.
In recent years, there has been considerable criticism of the nation’s schools for a variety of reasons like teaching to standardized tests, loss of teachers, grades for pay and voucher systems. These controversies have spawned a wide variety of new approaches to teaching young students. Among the most successful of these is the Whole Life Learning Center in Austin, TX, which fosters a powerful desire in its students to learn. The appealing teaching methods that WLLC utilizes have helped attract a surfeit of families who are enrolling their children or putting them on the waiting list.
At the core of the Whole Life Learning Center curriculum is the mission to empower their students to live lives that they love and improve the communities they live in. With this in mind, students are taught the fundamentals of academic learning as well as health and wellness, ecological awareness, communication and social justice. The private K-8 school has more than tripled its enrollment from its founding in 2011 when it served 15 families to now serving over 50 families with children enrolled in the school. Much of the appeal of Whole Life Learning Center is the positive responses from the students themselves, who are enormously eager to return to school so that they can enjoy the project-based education and personalized learning plans. Whole Life Learning Center even offers classes to parents including holistic health and permaculture.
While Whole Life Learning Center has experienced rampant growth, it needs support from the public to expand its facilities. The school would like to add a new Math & Music classroom for its middle school students. The estimated cost of this new construction is $50,000, and Whole Life Learning Center has launched an Indiegogo fundraising campaign to raise the amount. In return for supporting this worthy project, you may receive perks like flower seeds, canvas bags, magnets, T-shirts, original artwork, a handcrafted bench with personal dedication, or memorialization in the new Math & Music building.
For more information about Whole Life Learning Center or to make a financial contribution, please visit https://www.indiegogo.com/projects/help-us-build-our-new-math-music-classroom
For more information on this press release visit:
This procedure is a result of looking at a medical problem through engineer’s eyes.
SALT LAKE CITY, Utah — December 11, 2014 — On Dec. 7, 2014, Savant Holdings, LLC, launched their One-Way Heart Assist Valve technology, on Indiegogo. This crowd funding compaign is the first step to introduce this new heart valve technology, and begin the process necessary to receive FDA approval.
The One-Way Heart Assist Valve technology is the first of its kind to attempt to repair a heart, with leaking/regurgitating heart valves and Congestive Heart Failure (CHF) outside the heart. This procedure places a new valve outside the heart in the arteries and/or viens, without touching the heart. This will allow the native heart (the heart the person was born with) to still function and regain healthy pumping efficency.
The efficiency with which the heart moves blood, directly determines how much oxygen and nutrients, cells receive. A heart that doesn’t pump efficiently, will cause a long list of health problems, ranging from fatigue to death.
Approximately 23 million people worldwide are afflicted with CHF and two (2) million new cases of CHF are diagnosed each year worldwide. In contrast to other cardiovascular disorders that have actually declined during the past few decades, the incidence of CHF is currently on the rise. In fact, CHF is one of the most rapidly growing cardiovascular disorders in the United States.
CHF is a chronic inability of the heart to pump blood efficiently, for various reasons. One main cause of CHF, is Heart Valve Disease (HVD). HVD is a serious problem which plagues millions of people worldwide. Every year in the USA alone over 5 million people are diagnosed with HVD. Many people with HVD have no symptoms until the condition is severe.
Existing medical solutions to CHF and HVD, usually involves major surgery, which cuts into the heart itself (Valve replacement/repair surgery), or a heart transplant. Current treatments have serious long and short term side effects. A large percentage of these patients are considered too high of a risk to survive current valve replacement surgery, due to their poor health. Furthermore, only 1% of those in need of a new heart recieve a heart transplant.
Savant, estimates that our One-Way Heart Assist Valve technology could help approximately 70% of CHF and HVD patients, including those in very poor health. The One-Way Heart Assist Valve technology remedies many of the current problems with existing medical treatment for CHF and HVD. The One Way Heart Assist Valve may be an option in following situations:
The One-Way Heart Assist Valve technology involves placing a one-way valve upstream or downstream from the heart in a vein or artery, without cutting or tampering with the heart itself.
“Having a background in turbomachinery and fluid dynamics has afforded me a unique perspective of the workings of the cardiovascular system,” said Bret Park, inventor of the One-Way Heart Assist Valve. “The human body is merely a glorified mechanical device that operates on the same laws and principals as other mechancial devices.”
Savant Holdings, has shown that this technology works mechanically and is now trying to raise sufficient funds so that they can begin animal testing. The availability of funds will determine how soon this technology is approved by the FDA and available for medical use.
For more information on the One Way Heart Assist Valve, please visit: http://www.onewayheartassistvalve.com/
About the Inventor Bret Park
Bret Park, is a Mechanical Engineer, Inventor/Entrepreneur, founder/CEO and chief engineer of Diesel Power Source, LLC. Bret is an expert in fluid dynamics and turbine design and holds several patents related to automotive, medical, drilling, and fluid dynamics. Bret also has an extensive background in manufacturing and a successful history of taking products from concept to market.
Bret has designed automotive technology for over 21 years and has spent the last decade designing, inventing, and conducting research and development in the turbine industry. Much of his research focuses on the natural science of fluids in motion. By integrating his expertise in fluid dynamics and turbine design with medical science, Bret was able to develop his patent pending One-Way Heart Assist Valve.
The One-Way Heart Assist Valve was first conceived in hopes of saving Bret’s beloved father, John, and many other family members who have been diagnosed with and/or died of heart valve disease. After his father’s death, Bret was inspired to take the necessary steps to develop a product that would prevent millions of others from the pain his father and their family had to go through.
New York — As the December 31st deadline looms to make charitable donations for this tax year, one crowdfunding platform, give2gether, has revolutionized online fundraising for nonprofits.
The way people buy, share, and give online has changed–and there’s no going back. give2gether makes raising money a lot faster and easier due to the research conducted over the past ten years on the science of what makes people give online. Through thousands of hours at UC Berkeley X-Labs, then later validated by hundreds of thousands of live donor transactions, give2gether has cracked the code of crowdfunding!
give2gether is an intelligent fundraising platform for midsize and enterprise nonprofits, with a track record of tripling your donor conversion rates. Unlike other crowdfunding solutions, all organizations raising money with give2gether are nonprofits. The company was founded by internet technology innovator and recipient of the Best Start-up from Start Up Nation’s 8200 unit, Arnon Shafir; Douglas Gale, Professor of Economics at New York University and Shachar Kariv, the chair of the Department of Economics at UC Berkeley and the former director of its famous X-Labs.
give2gether puts an with an emphasis on real-time online donor preferences and what makes modern, networked philanthropists inspire more people to give.
On Giving Tuesday, give2gether saw new donations come in every 20 seconds, with some nonprofits raising over $1,000 /hour.
Arnon Shafir, give2gether’s CEO and co-founder, explained: “While some recent pages on give2gether raised over $100,000, the average amount raised on a personal crowdfunding page is $2,200 and the average campaign raises $38,000.”
Nonprofits using give2gether for three years running like the BC SPCA or Israel Cancer Association see a 50%-2,000% increase in total donations raised and 30-90% increase in their average gift size.
Most nonprofits run four to five different campaigns over the course of a year. give2gether helps by streamlining social fundraising, which substantially improves donor participation rates and the total amount raised. give2gether incorporates several steps of engagement:
Compared to Convio and Blackbaud, the well-established “Goliaths” of this industry, give2gether is the young and agile “David” aiming to “help democratize fundraising for smart nonprofits”. give2gether offers a range of online giving programs, such as:
Nonprofits are maximizing donations using these unique insights and the technology powering give2gether. Giving is emotional, but it can be predicted. Therefore, it can be much better orchestrated. As give2gether’s cofounder Shafir explains, “We believe we have cracked the code to modern crowdfunding.