# Grapevine

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

- Industry: Internet
- Headquarters: New York, US
- Website: www.grapevine.org
- Total disclosed funding: $1.7M
- Latest round: Seed (Aug 8, 2023)
- Investors on record: 9

## About

Grapevine, Inc. is a community-driven philanthropy organization based in the US that connects individuals through giving circles, promoting collective impact in charitable donations.Founded in 2017, Grapevine, Inc. operates from New York, US, specializing in community-driven philanthropy. The company has secured USD 1.67 mn in Seed funding in August 2023, led by PJC, with participation from notable investors including Focus Impact Partners and Gaingels. Grapevine has completed a total of 4 deals to date, showcasing its growth and investor interest. The company was established by founders Dolapo Ajakaye, Emily Rasmussen, Frederic Misiak, and Jessan Hutchison-Quillian, with Emily Rasmussen currently serving as the CEO. The organization has not undergone any significant strategic pivots or structural changes since its inception.Grapevine specializes in fostering community-driven philanthropy through its innovative platform that connects like-minded individuals in giving circles. These circles gather diverse groups of people who collectively donate to specific causes, amplifying their impact on local communities. Core offerings include facilitating giving circles and providing tools for users to track donations, engage with nonprofits, and participate in community events. The platform serves individuals, nonprofits, and corporations across various markets, including major cities like Los Angeles, Philadelphia, and Tampa, as well as smaller communities such as Elk Grove Village.Grapevine generates revenue primarily through donations within its giving circles, where members contribute either recurring or one-time financial support to selected nonprofits. The platform ensures transparency and accountability by providing updates on the impact of these contributions. Additionally, Grapevine collaborates with corporate partners and sponsors to diversify its revenue streams, emphasizing community involvement and allowing both individuals and corporations to actively engage in philanthropy.In August 2023, Grapevine, Inc. raised USD 1.67 mn in Seed funding, which will be utilized to expand its business, develop new products, grow its customer base and partners, and hire new staff. The company targets specific new markets for expansion, aiming to enhance its presence in regions yet to be specified, with plans to roll out new offerings that increase user engagement and community impact by the end of 2024.

## Funding rounds

- Seed, Aug 8, 2023, $1.7M — PJC, WTI, Ulu Ventures, Notation, Gaingels, Overton Venture Capital, Ground Squirrel Ventures, Focus Impact Partners, SocialGood
- Seed, Feb 1, 2021 — Overton Venture Capital
- Seed, Dec 1, 2020 — Notation

## Investors

- Notation (https://capitalatlas.ai/funds/notation) — Seed
- Overton Venture Capital (https://capitalatlas.ai/funds/overton-venture-capital) — Seed
- PJC (https://capitalatlas.ai/funds/pjc) — Seed
- WTI — Seed
- Ulu Ventures (https://capitalatlas.ai/funds/ulu-ventures) — Seed
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Seed
- Ground Squirrel Ventures (https://capitalatlas.ai/funds/ground-squirrel-ventures) — Seed
- Focus Impact Partners (https://capitalatlas.ai/funds/focus-impact-partners) — Seed
- SocialGood — Seed