Kaleidoscope, A Fintech Company Driving Education-Based Philanthropy, Raises $10 Million Series A
Amount Raised
$10 Million
Round Type
Series A
MinneapolisInformation TechnologyProfessional ServicesDescription
Kaleidoscope, a fintech platform driving education-based philanthropy, today announced that it has raised a $10M Series A round co-led by 3x5 Partners and Rally Ventures. The first fintech platform to connect sponsoring organizations, donors, and applicants, Kaleidoscope has facilitated over $370 million in scholarships and grants over the last two years. This investment comes in the wake of 2021 benchmarks including the launch of more than 6,500 programs, and their one-millionth user. Proceeds from the financing will be used to scale the business and invest in the launch of a first of its kind funds disbursement solution.
Quick answer
Kaleidoscope raised $10 Million in a Series A round, dated April 4, 2022. Kaleidoscope is based in Minneapolis, Minnesota, United States.
- How much did Kaleidoscope raise?
- Kaleidoscope raised $10 Million in a Series A round on April 4, 2022.
- What does Kaleidoscope do?
- Kaleidoscope is an education funding management platform designed to simplify how scholarships and grants are administered, enabling sponsors to navigate financial and operational complexity by benchmarking the..
- Where is Kaleidoscope based and how big is it?
- Kaleidoscope is based in Minneapolis, Minnesota, United States.
- Who are the decision-makers at Kaleidoscope?
- Fundz holds 1 contact at Kaleidoscope. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Professional Services around the same time
Companies in the same sectors as Kaleidoscope that raised within 45 days of this round, from Fundz verified event records.
- Qmulos raised an undisclosed amount on May 19, 2022.
- DAI GEO US, Inc. raised $1.7M (Seed) on May 19, 2022.
- Bravado raised $26M (Funding Round) on May 19, 2022.
- Tquila Automation raised an undisclosed amount on May 18, 2022.
- Seclore raised $27M (Series C) on May 18, 2022.
- Thought Machine raised $160M (Series D) on May 18, 2022.
Who to call at Kaleidoscope, and when
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- An alert the day Kaleidoscope raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Kaleidoscope, from your own LinkedIn network
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Funding Insights
What this usually meansKaleidoscope raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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