Fundly Raises $2M in Funding
Published On February 26, 2011 |
Fundly, a Palo Alto, CA-based SaaS Social Fundraising platform, raised $2m in funding.
Investors in the round include Kapor Capital (Mitch Kapor & Stephen DeBerry), Correlation Ventures (Trevor Kienzle), Charles River Ventures (George Zachary), AngelHub (Jeff Fluhr), Accelerator Ventures (Alex Lloyd), Endeavor Group (Michael Tanne–Board of Directors), Seraph Group (Tuff Yen), Peterson Capital (Brandon Cope), Ludlow Ventures (Jonathon Triest), Monarch VC (JD Gardner), James Currier, Mark Goines, Geoff Ralston, Karl Jacob, Dave Kashen, Christopher Muenchhoff, Christoph Janz, Clayton Christensen, Brad Gerstner, and Jason Henrichs.
The company intends to use the capital to further develop its product.
Launched in 2009 and led by CEO Dave Boyce, Fundly has over 100 customers in higher education, non-profit, and politics. Clients include Boston College, University of Massachusetts, Dartmouth, American Red Cross Silicon Valley Chapter, Silicon Valley Education Foundation, Recovery Circles Foundation, Special Operations Warrior Foundation, Farmhands Boost Inc., the Democratic Governor’s Association, and Sen. Barbara Boxer (D-CA).