# Pinkaloo Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pinkaloo-technologies

- Industry: Insurance
- Headquarters: Baltimore, US
- Website: http://www.pinkaloo.com
- Total disclosed funding: $0.6M
- Latest round: Seed (Aug 22, 2018)
- Investors on record: 3

## About

Pinkaloo Technologies, LLC focuses on enhancing charitable giving through innovative technology solutions, providing tools for financial institutions and employers to manage and facilitate donations efficiently.Pinkaloo Technologies, LLC, founded in 2016 in Baltimore, US, specializes in technology solutions for charitable giving. The company has engaged in three deals, with the most recent transaction occurring on March 10, 2021, when Renaissance Administration LLC acquired Pinkaloo for an undisclosed amount. The company is led by CEO Gideon Taub, whose background in technology and business development supports Pinkaloo’s mission.Pinkaloo offers a white-labeled platform that enables financial institutions, foundations, and employers to manage donations centrally. This platform supports seamless charitable contributions, integrates with banking experiences, and efficiently operates Donor Advised Funds. Additionally, Pinkaloo’s technology incorporates gamification elements to promote employee engagement in giving programs, catering to customers across the US and Canada, including banks, credit unions, and foundations.Pinkaloo generates revenue through subscription-based models and partnerships with financial institutions. Clients leverage the platform to streamline donation processes, allowing for direct contributions through banking interfaces, which enhances customer engagement. The pricing accommodates various client needs, from small foundations to large corporations implementing workplace giving programs. Specific financial details regarding transaction fees or subscription costs are not disclosed.Following the acquisition in March 2021, Pinkaloo aims to expand its product offerings and enhance its technology solutions. The recent funding of USD 1.55 mn will support the development of new features designed for the charitable giving landscape. The company plans to explore additional markets in the US and Canada, focusing on increasing its presence in the corporate sector by the end of 2022.

## Funding rounds

- Seed, Aug 22, 2018, $0.6M — Baltimore Angels, C5 Capital, Maryland Technology Development Corporation

## Investors

- Baltimore Angels — Seed
- C5 Capital (https://capitalatlas.ai/funds/c5-capital) — Seed
- Maryland Technology Development Corporation — Seed