GoFundMe
Latest round
- Series A
Last raised
- Jun 2015
Total raised
- Undisclosed
Investors
- 5
About GoFundMe
GoFundMe, Inc.Founded in 2010 in San Diego, California, GoFundMe, Inc. provides a platform for users to create fundraising campaigns. The company has not undergone any significant pivots or changes in strategy since its inception. Its co-founders include Andy Ballester, Jake Kloberdanz, and Jaymes Jackson. Currently, Tim Cadogan serves as the CEO.GoFundMe operates as the leading crowdfunding platform, providing individuals and organizations with the tools necessary to raise funds for various causes, including medical emergencies, education, memorial tributes, and charitable efforts. Launched in 2010, the platform allows users to create their own fundraising campaigns by setting personalized goals, crafting compelling stories, and sharing their links through various channels to attract donors.GoFundMe generates revenue primarily through a straightforward model that does not impose a fee for starting a fundraiser. Instead, the platform offers optional tips during the donation process, which allows donors to contribute additional funds to support GoFundMe's operations. Transactions typically occur through individual campaigns, where a fundraiser can receive direct contributions from donors. While there is no subscription model, the platform's accessibility and ease of use promote high engagement among users, resulting in a substantial volume of transactions. This includes the introduction of new features and tools designed to improve user experience and increase fundraising success rates. The company is looking to expand into new geographic regions, with a focus on increasing its presence in Europe and Asia by 2025.
Who invested in GoFundMe
5 investors across 1 round
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Funding rounds
Series A
Jun 18, 2015
Amount
Undisclosed
Investors
Questions about GoFundMe
Who invested in GoFundMe?
GoFundMe has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has GoFundMe raised?
GoFundMe has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did GoFundMe last raise money?
GoFundMe's most recent round on record is a Series A, in Jun 2015.
What does GoFundMe do?
GoFundMe is a consumer services company.
Where is GoFundMe headquartered?
GoFundMe is headquartered in San Diego, US.
Which VCs invest in companies like GoFundMe?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer services companies at GoFundMe's stage. Their profiles are linked below.
VCs backing consumer services startups at Series A
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