Fluxx, a San Francisco, CA-based provider of a technology platform for the philanthropic sector, raised $10.2m in Series A funding.
The round was led by Felicis Ventures with participation from The Kresge Foundation.
The company intends to use the funds to accelerate the development and deployment of the Fluxx platform.
Fluxx is currently used by many of the world’s leading philanthropic organizations, including five of the top 10 foundations in the United States.
Founded in 2010 by Jason Ricci, CEO, Fluxx provides a SaaS software solution that enables organizations to visualize, track and analyze the progress of their funds while offering stakeholders complete visibility into how funds are used and the impact they have – available through any device, at any time.
Its suite of products includes Fluxx Grantmaker Enterprise, Fluxx Grantmaker Streamline, Fluxx Grantseeker Enterprise, Fluxx Grantseeker Streamline and Fluxx Impact Intelligence.
Customers include David and Lucile Packard Foundation, John D. and Catherine T. MacArthur Foundation and Knight Foundation.