RevUp Software, a Redwood City, CA-based predictive data analytics platform for fundraising in politics, closed a $7.5m Series A financing.
The round was led by Spero Ventures with participation from existing investors Salesforce Ventures, Reid Hoffman, Steve Luczo, Drew Perkins, Sean Parker, Harris Barton, Evan Goldberg, as well as Alumni Ventures Group (AVG), Royal Street Ventures, Todd Park, and other strategic and distribution partners.
The company will use the capital to add to its current team of diverse veterans in tech, marketing, and operations, and advance product innovations.
Co-founded by political fundraising veteran, Steve Spinner, RevUp Software designs software for nonprofits, academic institutions, and political organizations to leverage data analytics and social media to meet their fundraising goals.
In four years, the company has worked with nearly 300 campaigns and political organizations.