Gravyty, a Boston, MA-based provider of fundraiser enablement solutions powered by artificial intelligence (AI), raised $21m in funding.
K1 Investment Management made the investment.
The company intends to use the funds to continue its growth in the social good sector which includes higher education institutions, nonprofits, healthcare organizations and hospitals.
Led by Adam Martel, CEO, Gravyty provides a suite of SaaS-based fundraiser enablement solutions that allow frontline fundraisers to personalize outreach, build new relationships with prospects, and deepen relationships with donors faster and efficiently. The company already serves thousands of frontline fundraisers at leading nonprofits, colleges and universities, hospitals, and healthcare organizations.