• iDonate

  Participated · Series B · Dec 2021

  iDonate provides digital giving solutions through its proprietary and patented Connected Giving platform that supports web, mobile, event, text, peer-to-peer, and noncash giving. The platform includes a patent-pending software developer kit (SDK) that allows nonprofits to fully customize donor experiences and integrates with CRMs such as Salesforce, Blackbaud, and Microsoft Dynamics. Its customer base spans faith organizations, federated nonprofits, higher-education institutions, and charities, and the company recently added its 500th enterprise customer. iDonate reports average yearly digital giving growth of 30%, a compound annual growth rate for new customer adds exceeding 55%, and net revenue retention above 115%. The company plans to use new capital to accelerate sales, marketing, and support for the Connected Giving platform and to advance product roadmap development. iDonate says it is poised to scale globally and add additional applications and partnerships to its giving suite. iDonate is a Plano, TX-based digital giving software company led by CEO Ray Gary that delivers an enterprise-class system for nonprofit leaders globally. Its core product is a customizable online donation platform that allows nonprofit organizations to facilitate any type of online gift in a customized donor experience. The company represents nearly 1,000 of the top nonprofits across faith, education and healthcare. iDonate raised $8.7M in funding in a round led by PerformanceEdge Partners with participation from existing investors. The company intends to use the funds to integrate iDonate Payments into its core platform to create a combined SaaS/Payments solution supporting Apple Pay, Google Wallet and international payment processing. The funding will also accelerate additional functionality designed to personalize the donor experience. iDonate offers a donor-engagement platform that supports multiple giving channels including website, peer-to-peer, text, and event donations. Launched in 2014 as the world’s first non-cash-donation technology provider, the company has expanded to handle every donation type and to complement nonprofit CRM systems. iDonate plans to augment its platform with next-generation donor-centric features such as data analytics, peer-to-peer capabilities, and enhanced donor engagement functionality. Customers report measurable gains—clients have seen a 41% increase in average gift size and total giving and a 90% increase in recurring gifts—and the company cites thousands of nonprofit success stories. Headquartered in Dallas, Texas, iDonate intends to unveil new capabilities in the fourth quarter and has increased staff to grow faster in 2019. The platform aims to provide nonprofits with real-time analytics and flexible giving options to better understand, nurture, and empower donors.

No current team members are available.