# SimplyGiving

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

- Industry: Financial Services
- Headquarters: Singapore, Singapore
- Website: www.simplygiving.com
- Total disclosed funding: $2.4M
- Latest round: Series A (Sep 1, 2021)
- Investors on record: 3

## About

SimplyGiving is an online fundraising platform that empowers individuals and organizations to create personalized fundraising campaigns. It focuses on enhancing the fundraising experience for various user groups, including non-profits and educational institutions.SimplyGiving, headquartered in Singapore, operates as an online platform for creating customized fundraising campaigns. The company was founded by Cheryl Low, who has experience in other entrepreneurial ventures. In September 2021, SimplyGiving raised USD 2.38 mn in Series A funding from Gobi Partners, Malaysia Venture Capital Management, and Royal Group, bringing the total amount raised to USD 2.38 mn and valuing the company at USD 12.66 mn post-money. The company has executed a total of 2 deals.SimplyGiving specializes in providing an online fundraising platform that empowers users to create do-it-yourself (DIY) fundraising campaigns, peer-to-peer challenges, event ticketing, and in-person activities. The services are designed to enhance the ability of supporters to raise funds effectively, targeting diverse user groups such as non-profit organizations and educational institutions, primarily in Malaysia and Singapore.In 2023, SimplyGiving reported a revenue of USD 80,093.50 and an EBITDA of USD -103,895.10, reflecting their operational performance for the year.SimplyGiving plans to leverage the USD 2.38 mn raised in Series A funding to expand its platform offerings and enhance its product suite. The company targets growth in new geographic markets in Southeast Asia by 2024, looking to provide tailored fundraising solutions to organizations in those regions. Additionally, SimplyGiving is focused on developing upcoming products to further streamline the fundraising process and improve user engagement.

## Funding rounds

- Series A, Sep 1, 2021, $2.4M — Gobi Partners, Jelawang Capital, Royal Group

## Investors

- Gobi Partners (https://capitalatlas.ai/funds/gobi-partners) — Series A
- Jelawang Capital (https://capitalatlas.ai/funds/jelawang-capital) — Series A
- Royal Group — Series A