Network for Good has raised $10 million in funding led by Camden Partners to expand its donation platform and acquire GiveCorps, enhancing its capacity to support more charities.

Information on the Target

Network for Good, a prominent donation platform, recently announced it has raised $10 million in funding led by Camden Partners, a growth equity investor based in Baltimore. This capital will support the creation of a for-profit subsidiary, NetworkforGood.com, enabling the organization to accelerate its expansion of digital giving services, increase staff capacity, and enhance its technological infrastructure to better serve charities.

The investment round saw participation from notable investors, including Jean and Steve Case, and Vince Talbert, the co-founder of Bill Me Later. As part of this investment, NetworkforGood.com has acquired Talbert's startup, GiveCorps, which shares a similar mission of facilitating charitable giving. Vince Talbert will take on the role of Chairman of the Board at NetworkforGood.com, alongside David Warnock from Camden Partners.

Industry Overview in the Target’s Specific Country

The charitable giving landscape in the United States has grown significantly over the last decade, driven by technological advancements and increased accessibility to digital fundraising tools. Platforms lik