HandUp PBC
Latest round
- Seed
Last raised
- Jul 2014
Total raised
- $0.8M
Investors
- 4
About HandUp PBC
Founded in 2013 and headquartered in San Francisco, US, HandUp PBC is a direct giving platform aimed at addressing poverty. The company underwent a strategic pivot in 2017 when it was acquired by South Oakland Shelter, enhancing its operational capabilities. Co-founded by Michael Simmons and Rose Bloomin, the latter also serves as CEO. HandUp has completed a total of 3 deals, with its most recent deal occurring on October 10, 2017.HandUp offers a direct giving platform that connects donors with individuals facing poverty and other at-risk situations. The core product is an online crowdfunding platform enabling nonprofits to run fundraising campaigns that benefit their clients directly. This service allows for targeted donations to specific needs, ensuring contributions reach the intended recipients.HandUp's revenue model revolves around facilitating donations through its platform without imposing charges for basic services. It earns revenue from optional tips added by donors to their contributions. This model operates on a direct-to-consumer basis, where donations can be made as one-time gifts or through monthly pledges, promoting continuous support for those in need.Following its acquisition in October 2017, HandUp aims to expand its services by designing new fundraising tools tailored for nonprofits, with a projected launch in late 2023. The company plans to extend its reach into additional urban areas across the US, targeting regions severely impacted by homelessness and poverty, by mid-2024.
Who invested in HandUp PBC
4 investors across 1 round
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Funding rounds
Seed
Jul 16, 2014
Amount
$0.8M
Investors
Questions about HandUp PBC
Who invested in HandUp PBC?
HandUp PBC has 4 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 HandUp PBC raised?
HandUp PBC has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did HandUp PBC last raise money?
HandUp PBC's most recent round on record is a Seed, in Jul 2014.
What does HandUp PBC do?
Founded in 2013 and headquartered in San Francisco, US, HandUp PBC is a direct giving platform aimed at addressing poverty.
Where is HandUp PBC headquartered?
HandUp PBC is headquartered in San Francisco, US.
Which VCs invest in companies like HandUp PBC?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at HandUp PBC's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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