Fundminer Raises $1.725 Million To Maximize Impact For Fundraising Organizations

Jun 22, 2023•over 2 years ago

Amount Raised

$1.73 Million

Round Type

seed

El PasoEnterprise SoftwareSaasSoftwareAnalytics

Investors

SalesforceBlackbaud's Raiser's EdgeCascade Seed FundTechstarsSonoran Founders Fund

Description

FundMiner, the AI-powered platform that helps fundraising organizations measure and maximize impact, today announced that it has raised $1.725 million in funding. Arizona-based Sonoran Founders Fund led the round, followed by Techstars, Cascade Seed Fund and more. The money will be used to accelerate the company's growth and expand its reach in the advancement technology space. FundMiner serves an array of businesses and nonprofits, from higher education & K-12 schools, to nonprofits & community foundations, academic medical centers, arts & cultural organizations, religious organizations and beyond.

Company Information

Company

FundMiner

Location

El Paso, Texas, United States

About

FundMiner empowers education and nonprofit organizations to raise more money, effectively administer funds, and reduce risks through a comprehensive suite of solutions that focus on effective gift administration. FundMiner's software platform simplifies fund management and automates gift administration for large fundraising organizations like community foundations and higher education institutions. Gift administration processes today are manual and archaic causing billions in critical resources not to be effectively deployed each year. FundMiner's AI-powered b2b SaaS platform aggregates data from siloed systems and automates manual processes to provide organizations tools like reporting & analytics, workflow automation, and compliance monitoring to ensure that funding resources are maximized. FundMiner helps fundraising organizations measure, maximize, and communicate their impact. In addition, FundMiner helps fundraising organizations stay compliant with laws and donor agreements, and experience more effective capital utilization, greater staff productivity, and increased fundraising revenue.

Related People

2 contacts

Funding Insights

Based on industry data

VC-backed spending patterns