Hatch Raises $3M in Seed Funding

hatch

Hatch, a NYC-based provider of AI-powered donor engagement solutions for nonprofits, raised $3M in Seed funding.

The round was led by Differential Ventures with participation from Character, Howard Morgan, and angel investors.

The company intends to use the funds to accelerate product development, grow its team, and expand its customer base.

Hatch provides a ‘Giving Intelligence’ platform that helps nonprofits use data to engage donors and raise more funds. By unifying disparate data sources and leveraging AI, it builds donor profiles that enable personalized outreach at scale. Its platform unifies a nonprofit’s existing donor data and enriches it with up to 80 pieces of new information, including wealth signals, social data, and lifestyle insights from trusted third-party sources. This allows fundraisers and marketers to build comprehensive donor profiles to personalize outreach and maximize giving potential.

FinSMEs

19/04/2024