Kaleidoscope, a Minneapolis, MN-based provider of a fintech platform driving education-based philanthropy, raised $10M in Series A funding.
The round was led by 3×5 Partners and Rally Ventures.
The company intends to use the funds to scale the business and invest in the launch of a funds disbursement solution.
Led by Founder and CEO Greg Dehn, Kaleidoscope is a cloud-based fintech platform enabling organizations to fund, design, administer, and host branded scholarship and grant programs. The platform uses new technologies to deliver an end-to-end solution for sponsors, organizations, and those they support. It has facilitated over $370m in scholarships and grants over the last two years.
FinSMEs
05/04/2022