CrowdRise announces a significant investment led by USV, marking its ascent as a premier crowdfunding platform dedicated to charitable fundraising.
Information on the Target
CrowdRise, founded by Edward Norton alongside co-founders Shauna, Robert, and Jeffrey, is a unique crowdfunding platform dedicated to supporting charitable causes. Since its inception, CrowdRise has focused on simplifying the fundraising process for non-profits and individuals looking to raise funds for social impact projects. The platform has gained recognition for facilitating successful campaigns and connecting donors with meaningful initiatives.
Over the years, CrowdRise has developed a strong reputation within the charitable sector, effectively harnessing technology to improve the fundraising experience. The team’s expertise and commitment to their mission have helped establish CrowdRise as a go-to platform for charity crowdfunding.
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Industry Overview in the United States
The crowdfunding industry in the United States has experienced significant growth, particularly in recent years. Platforms like Kickstarter have paved the way for various niches, including charitable
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USV, Index, Spark, RatPac Entertainment, Bezos Expeditions, CAA, UTA
invested in
CrowdRise
in 2014
in a Series A deal