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Daffy Led By Technology Veteran And Longtime Investor Adam Nash Gets $17.1M Boost To Make Charitable Giving A Habit

Feb 08, 2022•over 3 years ago

Amount Raised

$17.1 Million

San Francisco

Description

Daffy Charitable, a not-for-profit community built around an innovative new financial platform for giving, announced a $17.1M Series A financing for Aside, Inc., the company building the technology behind Daffy. The funding round was led by Ribbit Capital, joined by XYZ Capital and Coinbase Ventures, as well as over 50 notable angel investors, including industry luminaries like Reid Hoffman, Aaron Levie, Amy Chang, Dylan Field, John Lilly, and Mike Schroepfer. The funding will help Daffy scale and drive product innovations to help people be more generous, more often.

Company Information

Company

Daffy Charitable Fund

Location

San Francisco, California, United States

About

Daffy is the Donor-Advised Fund for You™, a not-for-profit community built around a new, modern platform for giving, one built around the commitment to give, not the amount you give. It empowers people to make giving a habit through a seamless mobile experience that helps members set money aside for charity, watch it grow tax-free in a modern investment portfolio, and donate to more than 1.5 million charities across the U.S. Daffy (Daffy Charitable Fund) is a 501(c)(3) nonprofit organization. To give with Daffy, simply visit daffy.org or search “Daffy” in the App Store.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech