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Groundswell Announces A Total Of $15M In Seed Funding To Democratize Philanthropy

Nov 30, 2021•almost 4 years ago

Round Type

seed

Los AngelesFinancial ServicesHealth Care

Description

Groundswell, the Philanthropy-as-a-Service platform that’s empowering employees with their own personal donor-advised funds (DAFs), today announced that they have raised a total of $15M in seed investment funding. The round was led by GV (formerly Google Ventures), with participation from Human Ventures, Moonshots Capital, Felicis Ventures, and Core Innovation Capital.

Company Information

Company

Groundswell

Location

Los Angeles, California, United States

About

The platform aims to become a ubiquitous component of employee benefits packages and charitable giving. Groundswell will use the financing to add additional engineers and product staff while laying the groundwork for an aggressive go-to-market strategy.“Groundswell emerges at a time when a rising generation of workers want their employers both to care about social responsibility and enable action on causes that matter to them,” said M.G. Siegler, General Partner at GV.