GiveGab, an Itacha, NY-based Nonprofit giving platform, received an $1.5m in funding.
New York Ventures, the venture capital arm of Empire State Development (ESD), made the investment, which will bring GiveGab’s Series A funding to over $9m.
The company will use the funding to build out its sales and engineering teams, refine its SaaS platform, and for other ordinary working capital requirements.
Led by Charlie Mulligan, CEO and Co-founder, GiveGab is the nonprofit giving platform, providing fundraising professionals with tools to raise money online for year-round fundraising, giving days, and more.
It address the needs of cause-based organizations, community foundations, and the higher education sector.