# Daffy Charitable Fund

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/daffy-charitable-fund

- Industry: Financial Services
- Headquarters: Los Altos, US
- Website: www.daffy.org
- Total disclosed funding: $17M
- Latest round: Series A (Jan 11, 2022)
- Investors on record: 3

## About

Based in California, US, and founded in 2021, Daffy Charitable Fund operates as a not-for-profit community. Adam Nash (CEO) and Alejandro Crosa (CTO) are the co-founders of the company. In February 2022, Daffy raised USD 17.1 million in series A funding led by new investor Ribbit Capital, with participation from other new investors Coinbase Ventures and XYZ Ventures.

The company operates a non-profit community platform that encourages people to be more giving. Its platform provides a mobile experience that allows members to save money aside, watch it grow tax-free, and donate via linked bank accounts, credit or debit cards, allowing them to donate to causes they care about while also helping those who are less fortunate.

The company plans to use the series A funds raised in February 2022 to bring additional product innovations to the market to help encourage more people to participate in charitable giving.

## Funding rounds

- Series A, Jan 11, 2022, $17M — Ribbit Capital, XYZ Ventures, Coinbase Ventures

## Investors

- Ribbit Capital (https://capitalatlas.ai/funds/ribbit-capital) — Series A
- XYZ Ventures (https://capitalatlas.ai/funds/xyz-ventures) — Series A
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Series A