Information on the Target

Public Good Software, Inc., based in Chicago, is poised to revolutionize online philanthropy with its innovative donations marketplace, PublicGood.com. Recently, the company secured $1.6 million in seed funding from a consortium of prominent angel investors from the Chicago and Silicon Valley regions. Noteworthy investors include the Hyde Park Angels, Firestarter Fund, Matt Mullenweg (founder of WordPress), Chuck Templeton (founder of OpenTable), and Mike Sands (former COO/CMO of Orbitz and current CEO of Signal, Inc.). This investment will enable Public Good Software to enhance its platform, making it easier for individuals to donate to causes they care about.

PublicGood.com offers a seamless, user-friendly, and cost-effective solution for nonprofits struggling to engage their supporters and gather donations online. By offering tools that can be easily integrated into the websites of charitable organizations, Public Good Software effectively links donors with their desired nonprofits, thus facilitating impactful giving experiences.

Industry Overview in the Target’s Specific Country

The online giving market in the United States is vast, with an estimated value of around $30 billion. Despite the significant opportunities in this sector, established players have largely remained stagnant, failing t