# Givz

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

- Industry: Software
- Headquarters: New York, US
- Website: www.givz.com
- Total disclosed funding: $3M
- Latest round: Seed (Aug 23, 2021)
- Investors on record: 4

## About

Founded in 2017 and based in New York, Givz Inc. innovates retail by enabling consumers to donate to charities directly at the point of purchase, seamlessly merging sales with social responsibility.Givz Inc. operates a platform that allows consumers to engage in charitable donations during transactions. The company, founded in 2017 by Andrew Forman and Jay Henderson, has received USD 3.00 mn in Seed funding, primarily from Accomplice, Eniac Ventures, Phoenix Investment Club, and Supernode Ventures, with a total amount raised also being USD 3.00 mn. The latest funding round took place on August 23, 2021, indicating ongoing investor interest in the company.Givz specializes in providing a unique retail solution that integrates sales growth with social responsibility. The company's platform enables consumers to engage in charitable giving at the point of purchase, allowing them to designate a portion of their transaction to a charity of their choice. This service caters primarily to e-commerce businesses, retailers, and brands and is designed to enhance corporate social responsibility strategies. The platform operates in various geographical markets, including North America and Europe, aligning with consumers' increasing preference for socially responsible brands.Givz generates revenue through a transactional model that promotes charitable giving during sales. Retailers utilize Givz’s platform to facilitate donations during transactions, which enhances customer loyalty and increases average order value. Retailers integrate Givz’s technology into their checkout process, allowing customers to choose a charity that will receive a donation based on their purchase amount. The pricing structure for retailers may vary depending on partnership terms, promoting adoption of Givz's platform while supporting community-focused initiatives.In August 2021, Givz Inc. raised USD 3.00 mn in Seed funding, which will be utilized to hire additional staff, launch a marketing campaign, and conduct market research. The company plans to expand into new geographic regions, particularly targeting markets in North America and Europe, to increase its presence in the socially conscious retail sector.

## Funding rounds

- Seed, Aug 23, 2021, $3M — Eniac Ventures, Accomplice, Supernode Ventures, Phoenix Investment Club
- Seed, Feb 8, 2021 — Supernode Ventures

## Investors

- Supernode Ventures (https://capitalatlas.ai/funds/supernode-ventures) — Seed
- Eniac Ventures (https://capitalatlas.ai/funds/eniac-ventures) — Seed
- Accomplice (https://capitalatlas.ai/funds/accomplice) — Seed
- Phoenix Investment Club (https://capitalatlas.ai/funds/phoenix-investment-club) — Seed