# Chariot

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

- Industry: Software
- Headquarters: New York, US
- Website: www.givechariot.com
- Total disclosed funding: $11M
- Latest round: Series A (Aug 8, 2024)
- Investors on record: 4

## About

Chariot Giving Inc. is a US-based financial technology company focused on providing innovative payment solutions for Donor Advised Funds (DAFs), enhancing philanthropic fundraising capabilities for nonprofits.Founded in 2022 and headquartered in New York, US, Chariot empowers nonprofits by enabling seamless donation acceptance through its DAFpay service. The company has successfully executed 1 deal, with its latest funding round being a Series A on August 8, 2024, raising USD 11 mn led by Maveron, alongside investors such as SV Angel and Spark Capital. Chariot was founded by Aaron Kahane, Drew Schneider, and Salomon Serfati, with Salomon Serfati currently serving as CEO.Chariot specializes in providing innovative payment solutions for Donor Advised Funds (DAFs) through its core service, DAFpay. This platform allows nonprofits to accept donations easily from DAFs, integrating DAF giving directly into their fundraising platforms. Clients include organizations like the Central Park Conservancy and the Michael J. Fox Foundation for Parkinson's Research, and the service is designed for various geographic markets with active philanthropic communities.Chariot generates revenue primarily through its DAFpay service, facilitating effective collection of DAF donations for nonprofits. The business model is based on partnerships with these organizations, benefiting from a streamlined donation process that encourages larger contributions. Chariot likely utilizes a subscription or transaction fee structure for processing donations, establishing ongoing relationships with its clients.Following its recent funding round on August 8, 2024, where Chariot raised USD 11 mn to accelerate the development of its management and operations, the company is focused on enhancing its product offerings and expanding into new markets. Plans include the introduction of new features for DAFpay aimed at improving user experience and engagement. Chariot is targeting geographic expansion into regions with growing philanthropic activities, leveraging its recent capital to support these initiatives.

## Funding rounds

- Series A, Aug 8, 2024, $11M — Maveron, Spark Capital, SV Angel, Y Combinator

## Investors

- Maveron (https://capitalatlas.ai/funds/maveron) — Series A
- Spark Capital — Series A
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Series A
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series A