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Gravyty

Newton, Massachusetts, United States

Overview

Gravyty offers a suite of SaaS-based, AI-powered fundraiser enablement solutions that help frontline fundraisers personalize outreach, build new prospect relationships, and deepen donor relationships more efficiently. Led by CEO Adam Martel and based in Boston, MA, the company serves thousands of frontline fundraisers at leading nonprofits, colleges and universities, hospitals, and healthcare organizations. Its platform emphasizes personalization and efficiency to accelerate donor engagement and relationship-building. Gravyty intends to use new funding to continue expanding its footprint across the social good sector, including higher education, nonprofit, and healthcare verticals. The company announced $21M in funding to support that growth. Gravyty Technologies builds AI-enabled fundraising software to automate processes for frontline fundraisers and help nonprofit organizations raise more revenue. Its flagship product, First Draft, generates draft emails for major and mid-level prospective donors that fundraisers can edit and personalize, and it learns from those edits to refine writing style. The company leverages artificial intelligence and machine learning across its product suite to build lasting donor relationships. Gravyty completed a $2M second round of funding to support growth. The company plans to use the proceeds to expand customer success and marketing teams, accelerate development of its AI products, and improve its core technology. Founded in 2016 at Babson College by Adam Martel (CEO) and Rich Palmer (CTO), Gravyty is based in Boston, MA.

Total raised
$23M
Funding rounds
2
Latest round
Equity
Latest activity
Jan 2020

Industries

  • Non Profit
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Recent funding

  1. Equity

    Jan 2020

    $21M

  2. Equity

    May 2018

    $2M

Team