FlipGive

InternetSeries BToronto, Canadaflipgive.com

Latest round

Series B

Last raised

Aug 2023

Total raised

$11M

Investors

6

About FlipGive

Based in Canada, FlipGive Inc.Founded in 2016 in Toronto, Canada, FlipGive Inc. operates a platform designed for teams and community organizations to earn rewards through regular shopping. In September 2025, RaiseRight, LLC acquired FlipGive Inc. from iGan Partners, MaRS Investment Accelerator Fund, FJ Labs, Framework Venture Partners, BDC Capital, and Fontainebleau Capital. The founders include Mark Bachman and Nicholas Lee, while Amy Halpenny serves as the CEO. FlipGive provides a cashback shopping platform that allows teams and community groups to earn rewards through everyday purchases. The core offering is an app that enables users to shop online or buy gift cards for in-store purchases, earning cashback for their teams on a percentage of their purchases. The service targets sports teams, charities, youth organizations, and community groups, facilitating fundraising through routine spending. The company operates primarily in North America and has partnered with over 800 brands, allowing users to benefit from cashback across various shopping categories. FlipGive generates revenue through a commission-based model where partner retailers pay a percentage of sales made through the platform. When a customer makes a purchase, a portion of the commission is shared back as cashback to the user's designated team. Payments to teams are initiated when their accumulated cashback balance reaches CAD 100, available via check or direct deposit, fostering a community-centric approach to fundraising. The September 2025 acquisition enables RaiseRIght, LLC to continue platform support in Canada while integrating operations to extend community fundraising across North America through shared infrastructure.

Who invested in FlipGive

6 investors across 3 rounds

See all investors in FlipGive

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series B

    Aug 30, 2023

    Amount

    $3.7M

    Investors

    Locked

  2. Series A

    Jul 23, 2019

    Amount

    $5M

    Investors

    Locked

  3. Series A

    Sep 25, 2012

    Amount

    $2M

    Investors

    Locked

Questions about FlipGive

Who invested in FlipGive?

FlipGive has 6 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has FlipGive raised?

FlipGive has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did FlipGive last raise money?

FlipGive's most recent round on record is a Series B, in Aug 2023.

What does FlipGive do?

FlipGive is a internet company.

Where is FlipGive headquartered?

FlipGive is headquartered in Toronto, Canada.

Which VCs invest in companies like FlipGive?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at FlipGive's stage. Their profiles are linked below.

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