# FlipGive

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

- Industry: Internet
- Headquarters: Toronto, Canada
- Website: www.flipgive.com
- Total disclosed funding: $11M
- Latest round: Series B (Aug 30, 2023)
- Investors on record: 6

## About

Based in Canada, FlipGive Inc. is a developer of a cashback shopping platform that enables teams and community groups to earn rewards through everyday purchases, enhancing their fundraising efforts.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.

## Funding rounds

- Series B, Aug 30, 2023, $3.7M — BDC Capital, iGan Partners, MaRS Investment Accelerator Fund, Fontainebleau Capital, Framework Venture Partners
- Series A, Jul 23, 2019, $5M — iGan Partners, FJ Labs, Framework Venture Partners
- Series A, Sep 25, 2012, $2M — iGan Partners, MaRS Investment Accelerator Fund

## Investors

- iGan Partners (https://capitalatlas.ai/funds/igan-partners) — Series A, Series B
- MaRS Investment Accelerator Fund (https://capitalatlas.ai/funds/mars-investment-accelerator-fund) — Series A, Series B
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series A
- Framework Venture Partners (https://capitalatlas.ai/funds/framework-venture-partners) — Series A, Series B
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series B
- Fontainebleau Capital — Series B