# Catchafire

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/catchafire

- Industry: Internet
- Headquarters: New York, US
- Website: www.catchafire.org
- Total disclosed funding: $7.5M
- Latest round: Series B (Feb 10, 2017)
- Investors on record: 6

## About

Catchafire, Inc. is a nonprofit-focused platform that connects skilled volunteers with organizations in need, enhancing operational effectiveness through expert support in various sectors such as marketing and strategic planning.Founded in 2009 and headquartered in New York, US, Catchafire, Inc. provides a platform for nonprofits and social enterprises to connect with skilled volunteers. Rachael Chong, the CEO and founder, has previously founded other organizations that focus on social impact. The company has raised a total of USD 5.13 mn in funding across multiple rounds, with the most recent funding being a VENTURE DEBT round of USD 600,000 on June 12, 2023.Catchafire's core offerings center around a platform designed to connect nonprofits and social enterprises with skilled volunteers seeking to contribute their expertise. The platform facilitates engagement with professionals from various sectors, enabling them to lend their skills in marketing, design, and strategic planning. This service addresses challenges faced by nonprofits in accessing high-quality resources and professional support, enhancing their operational effectiveness and impact. Catchafire primarily serves nonprofits, social enterprises, and community organizations across the United States, with a growing presence in international markets.Revenue generation for Catchafire is structured around subscription services and partnerships. Organizations subscribe to access the platform, allowing them to connect with volunteers for specific projects. This model creates a steady revenue stream as organizations pay for different tiers of service based on their needs and project complexity. Additionally, partnerships with companies enhance their corporate social responsibility efforts, providing a platform for employees to volunteer their skills, supporting the operational expenses while facilitating valuable connections between skilled volunteers and organizations making a social impact.Catchafire plans to launch new features designed to enhance user experience in 2024. The company aims to expand into the European and Asian markets by the end of 2025. The recent VENTURE DEBT funding of USD 600,000 will be utilized to support these initiatives, allowing Catchafire to scale its operations and reach a broader audience.

## Funding rounds

- Series B, Feb 10, 2017, $3.9M — Knight Enterprise Fund, Access Ventures, Inherent
- Series A, Jun 20, 2014, $2.2M — Knight Enterprise Fund, Serious Change
- Series A, Apr 23, 2012, $1.4M — Kapor Capital, XO Group

## Investors

- Kapor Capital (https://capitalatlas.ai/funds/kapor-capital) — Series A
- XO Group — Series A
- Knight Enterprise Fund (https://capitalatlas.ai/funds/knight-enterprise-fund) — Series A, Series B
- Serious Change — Series A
- Access Ventures — Series B
- Inherent (https://capitalatlas.ai/funds/inherent) — Series B