Givsum, a Newport Beach CA-based management and engagement platform for charitable organizations, raised $2M in Seed funding.
The round was led by VC Fund SteelBridge Labs.
The company intends to use the funds to accelerate growth, while launching its new online auctions feature.
Givsum provides a comprehensive management and engagement platform that allows charitable organizations to integrate their operations, fundraising campaigns and an active community of supporters, all in one place. The online platform allows users to create fundraising pages, sell event tickets, accept donations, manage volunteers, and track donor behavior.
To date, the company has onboarded over 500 nonprofits and service clubs across the United States.