WizeHive offers Zengine, a secure cloud SaaS platform that enables application, review, and full lifecycle management of grants, scholarships, fellowships, and other awards. The platform is highly configurable and quick to deploy, reducing the need for customized solutions and allowing organizations to retain their mission workflows. WizeHive serves hundreds of corporations, foundations, government entities, universities, and non-profits, helping them engage applicants and deliver compliance and reporting insights. The company combines its platform with industry-leading services and support to drive client success. The announced capital will be used to drive continued growth, accelerate product advancement around ease of use and reporting, and strengthen customer success infrastructure. WizeHive offers a platform that enables businesses to build custom, business-focused applications. The company is preparing to launch an updated platform that aims to let users create apps without technical knowledge and is currently available in beta. WizeHive was co-founded by DreamIt Ventures cofounder Michael Levinson and currently employs 21 people. Its clients include the Smithsonian, Northwestern University, and the American Humane Society. The company recently closed a $1 million seed round to support its next phase of product development. DuckDuckGo founder Gabriel Weinberg participated in the round and will join WizeHive’s board. WizeHive builds cloud-based business applications. The company was founded by Dreamit partner Michael Leveinson. According to the article, WizeHive recently closed a $950,000 round of funding reported in SEC filings. The piece notes this influx of capital may be related to the company offering $250,000 in grants. No revenue, user metrics, or additional financial details are provided in the article. WizeHive is a web-based group messaging and task-management service that combines Twitter-like streams, threaded conversations, and task-management features for business workgroups. Features include threaded message streams, mobile-optimized web access (iPhone; Blackberry and Android optimizations coming), an Adobe Air desktop client, email ingestion of notes and attachments, file uploads and in-browser viewing, and task tracking with due dates and assignment statuses. Its most distinctive feature is a per-workspace small database with customizable data fields for managing contacts or events, and the company already exposes an API for third-party add-ons. WizeHive plans to launch paid add-on apps — an Opportunity Tracking CRM app and a TimeSheets app due in January — and intends to charge subscription fees for those apps, with add-ons priced under $10 per month. The service is free for up to three people and 50MB of storage, with paid plans starting at $8 per month and additional fees for extra storage. WizeHive launched in beta with 500 TechCrunch invites available and was bootstrapped with $100,000 from founders Mike Carson and Michael Levinson.

Total raised

$2M

Funding rounds

4

Latest round

Seed

Latest activity

Mar 2013