Launching a nonprofit organization can come with its fair share of obstacles. From weak management and recruiting quality staff members to shifting markets and funding, nonprofit organizations certainly have a lot on their plates. Motivated to help nonprofit organizations change the world and raise money to support their missions through interactive fundraising, Givebutter is an all-in-one fundraising and customer relationship management (CRM) platform. On April 22, this popular platform brought big news to changemakers, announcing that it closed a $50 million strategic growth investment led by BVP Forge.
BVP Forge is a combination of a private equity firm for growing, self-sustaining software-enabled businesses and the Bessemer Venture Partners’ global venture capital platform. With participation from an existing investor, Ardent Venture Partners, a thesis-driven venture capital firm, this significant investment fund comes after a year of generating accelerated and profitable growth for Givebutter, whose platform witnessed $1 billion in total donations. This significant investment fund aims to further develop this all-in-one fundraising and CRM platform to support self-sustaining, growing nonprofit organizations.
Brian Cramer, a BVP Forge Operating Partner, stated, “Givebutter has built an incredible product, team, and community, which we are excited to help supercharge in the years to come.” Recognizing the significant growth and impact this platform has had, Cramer went on to say, “They’re already on a roll, and it’s only going to get butter from here.”
But Cramer is not the only BVP Forge member who is praising Givebutter’s great work. BVP Forge partner Navid Oreizy remarked, “Givebutter is set to become the leading platform for nonprofits to engage their donors better and amplify their missions.”
As a #1-rated nonprofit fundraising and donor management platform, Givebutter supports over 35,000 nonprofits raising money for their missions, assisting millions of organizations to make a positive impact on the world. With a motto of “Raise more. Pay less. Give better,” Givebutter’s easy-to-use platform provides nonprofits with the whole picture of their donor data, bringing together multiple tools for them to take advantage of, such as donation forms, fundraising campaigns, events, auctions, donor management, email, and more. All these tools are free for users and are designed to make giving affordable, easy, and fun for all participants.
Givebutter has valued profitable and efficient growth, scaling millions of revenue at rapid rates without relying on mergers and acquisitions, which often burden nonprofit organizations on their journeys to changing the world. Since its founding in 2016, this platform has been one of the highest-rated solutions for nonprofit CRM and Donor Management on G2. Givebutter is a beloved resource for the nonprofit community, which praises its unique, home-grown, modern platform that they can trust.
But Givebutter isn’t done yet. Liran Cohen, co-founder and current CTO of Givebutter, exclaims, “It’s incredible to see the impact our technology has had on so many organizations and the impact those organizations have had on the world. Our team is energized, and we’re only getting started.”
While additional plans to increase investment are underway, Givebutter’s philanthropic mission to directly support changemakers on the platform remains this company’s focal point. The co-founder and CEO of Givebutter explains that “Changemakers are at the heart of everything we do at Givebutter, and this investment represents an investment in them. We are building the home for changing the world, and there’s no butter place for nonprofits to be.”
