# WizeHive

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

- Industry: Software
- Headquarters: Conshohocken, US
- Website: www.wizehive.com
- Latest round: Seed (Mar 21, 2013)
- Investors on record: 2

## About

WizeHive, Inc. is a US-based software company specializing in grants and scholarships management solutions, focused on enhancing philanthropic initiatives through efficient operational processes.Founded in 2008, WizeHive, Inc. develops software solutions for managing grants and scholarships. The company is headquartered in Conshohocken, US. Moritz Olbrisch is the founder, known for his experience in developing technology solutions. On August 8, 2024, WizeHive was acquired by Submittable Holdings Inc., with undisclosed financial terms, resulting in layoffs to streamline operations. The company has closed 6 deals, raising a total of USD 0.98 mn through its latest funding round.WizeHive, now operating under the Submittable brand, specializes in grants and scholarships management software that facilitates streamlined processes for corporate social responsibility and philanthropic initiatives. Their platform enables organizations to manage the lifecycle of grants, ensuring transparency and efficiency. The client base includes non-profits, educational institutions, and corporate social responsibility departments across North America, Europe, and Australia, seeking robust tools for charitable contributions and grant distributions.WizeHive's revenue is primarily generated through subscription-based models for its grants management software, offering tailored pricing plans based on client needs. Organizations engage in long-term partnerships for ongoing support and updates, with revenue derived from annual or monthly subscription fees based on usage scale and user numbers.Following the acquisition in August 2024, WizeHive plans to leverage recent funding to enhance its product offerings. The company aims to launch new features designed to improve user experience and expand its reach into new markets, particularly in Europe and Australia by late 2025. The strategic focus will be on optimizing operations post-acquisition while navigating the impacts of recent layoffs.

## Funding rounds

- Seed, Mar 21, 2013 — Goldin Ventures, Gabriel Investments

## Investors

- Goldin Ventures (https://capitalatlas.ai/funds/goldin-ventures) — Seed
- Gabriel Investments (https://capitalatlas.ai/funds/gabriel-investments) — Seed