Fluxx, a San Francisco, CA-based vertical-cloud software company focused on grants management, closed a $16m Series B financing.
The round was led by Canvas Ventures, with participation from Kresge Foundation and Felicis Ventures.
The company intends to use the funds to accelerate its growth and develop new products for the philanthropic community.
Led by Jason Ricci, co-founder and CEO, Fluxx provides a mobile and cloud-based grants management solution that integrates grants data with the people and organizations that matter. Through automated workflow management and personalized dashboards, the platform enables every department to access data to make informed decisions. Open APIs support multiple third-party applications including financial management solutions, analytics and reporting tools, and other integrations.
Fluxx is used by hundreds of family foundations, community funds, corporate philanthropy arms, and government agencies.
Customers include Ford Foundation, MacArthur Foundation, and Knight Foundation.