Swell Fundraising, a Birmingham, Alabama-based software for nonprofit organizations to raise more money, secured $500k in funding.
Four angel investors including Gillian Goodrich, Brooke Coleman and Elizabeth Pharo participated in the round.
The company intends to use the funds to expand product offering and aggressively market to the nonprofit community.
Founded by Brooke Battle, Swell provides nonprofits with a platform to launch an event site, a peer to peer fundraising campaign and expand the potential of events by creating awareness and generating donations from an online community- in addition to guests.
The company recently announced its first full-time Team Lead for Marketing – Maria Davis, Kevin Kilburn as the Team Lead for Software Development, and Haley Nock as the Team Lead for Client Services.