Swell Fundraising builds software to help nonprofit organizations raise more money, emphasizing event-based fundraising and real-time supporter networking. The product is described as integral to event form and function, networking supporters in real time and merging personal and collective inspiration for giving. Founder Brooke Battle said the company will use new capital to expand Swell’s product offering and aggressively market to the nonprofit community. Swell reported that most of its business has been word-of-mouth/referral based and expects the funding to scale marketing efforts. The company also announced hires: Maria Davis as the first full-time Team Lead for Marketing, Kevin Kilburn as Team Lead for Software Development, and Haley Nock as Team Lead for Client Services. Swell raised $500,000 from four angel investors with nonprofit board experience.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2016