Goodstack raised $28M in a Series A funding round led by General Catalyst to further develop services for corporates and enhance its technology for nonprofits.

Nov 18, 2024•8 months ago

Amount Raised

$28 Million

Round Type

series a

LondonFintechSaasFinancial Services

Investors

RepeatMorpheus VenturesGeneral Catalyst

Description

Goodstack has secured $28 million in its Series A funding round to support its growth as a technology platform for charitable donations. The company aims to enhance its services and technology stack for nonprofits while expanding its team in 2025.

Company Information

Company

Goodstack

Location

London, England, United Kingdom

About

Goodstack is a SaaS and fintech platform that facilitates charitable donations for companies. It provides technology services to nonprofits globally, including verification and payment processing through its API. The company is focused on making charitable giving easier for businesses and aims to deliver significant value to both nonprofits and corporate partners. Goodstack is poised to facilitate over $3 billion in donations in 2024.

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Goodstack raised $28M in a Series A funding round led by General Catalyst to further develop services for corporates and enhance its technology for nonprofits.

Investors

Description

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