# Fluxx Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fluxx-labs

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.fluxx.io
- Total disclosed funding: $26M
- Latest round: Series B (Mar 8, 2017)
- Investors on record: 3

## About

Fluxx Labs, Inc. is a technology firm specializing in cloud-based grants management software, offering solutions that enhance data-driven grantmaking for various organizations, including foundations, nonprofits, and government entities.Founded in 2005 in San Francisco, US, Fluxx Labs, Inc. focuses on providing innovative grants management solutions. The company has undergone strategic adjustments to better serve its clients. Notably, on October 20, 2021, a consortium of investors led by Metamorph Partners acquired Fluxx from Felicis Ventures, Kresge Foundation, and Canvas Ventures. The founders of the company are Kerrin Mitchell and Tommy Marcus, and the current CEO is Kristy Gannon. Fluxx has successfully completed 3 deals to date, with its most recent funding round being a Series B totaling USD 16.00 mn, led by Canvas Ventures, along with contributions from Felicis Ventures and Kresge Foundation.Fluxx specializes in a cloud-based grants management software solution that facilitates data-driven grantmaking for various organizations such as foundations, government agencies, and nonprofits. The platform streamlines the grantmaking process, encompassing Notices of Funding Opportunities, Pre-award applications, and Post-award payment management. By offering a user-friendly interface and dynamic reporting through its tool Grantelligence™, Fluxx supports grantmakers in improving decision-making and enhancing communication. The software caters to markets in North America and Europe, serving both large foundations and smaller nonprofits aiming to optimize their operational efficiency.Fluxx generates revenue through subscription-based models and partnerships with its clients, providing access to its grants management software and associated tools on a contractual basis. The pricing structure is flexible, accommodating the different needs and sizes of organizations. Clients benefit from comprehensive support, along with access to a dedicated community for best practices and knowledge sharing, which enhances the overall user experience.Following the acquisition on October 20, 2021, Fluxx Labs plans to improve its data-driven grantmaking solutions and expand its SaaS-based information technology offerings. The recent funding will support the development of new products and services while enhancing its presence in existing markets. The company aims to strengthen its position in the North American and European markets, focusing on meeting the needs of grantmaking organizations. Specific timelines for product launches and additional market expansions are yet to be disclosed.

## Funding rounds

- Series B, Mar 8, 2017, $16M — Kresge Foundation, Felicis Ventures, Canvas Prime
- Series A, Aug 26, 2015, $10M — Kresge Foundation, Felicis Ventures

## Investors

- Kresge Foundation — Series A, Series B
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Series A, Series B
- Canvas Prime (https://capitalatlas.ai/funds/canvas-prime) — Series B
