iDonate Raises $8.7M in Financing

iDonate, a Plano, TX-based provider of digital giving systems, raised $8.7m in funding.

The round was led by PerformanceEdge Partners, and included several existing investors.

The company intends to use the funds to integrate iDonate Payments into its core platform creating a SaaS/Payments solution that supports new tender types such as Apple Pay and Google Wallet, as well as international payment processing. Additionally, the funding will accelerate more functionality designed to personalize the donor experience.

Led by Ray Gary, CEO, iDonate is a digital giving software company that delivers an enterprise-class system for nonprofit leaders around the globe. Its software solution allows nonprofit organizations to facilitate any type of online gift in a customized donor experience. iDonate represents nearly 1,000 of the top nonprofits in faith, education and healthcare.



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