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iDonate Secures $8.7M Round of Financing

Feb 14, 2020•over 5 years ago

Amount Raised

$8 Million

Dallas

Description

iDonate, the leading provider of digital giving systems, today announced an $8.7 million funding round. The financing will allow the company to fully integrate iDonate Payments into its core platform creating a SaaS/Payments solution that supports new tender types such as Apple Pay and Google Wallet, as well as international payment processing.  Additionally, the funding will accelerate more functionality designed to personalize the donor experience and help nonprofits be more efficient as they grow their causes through digital donations. The round is led by PerformanceEdge Partners (PEP), a venture capital company focused on software-as-a-service (SaaS) growth businesses, and included several existing investors.

Company Information

Company

I Donate

Location

Dallas, Georgia, United States

About

iDonate is the leading fundraising software provider that exists to grow nonprofits and create a more generous world. Through giving channels such as website, peer-to-peer, text, and events, nonprofits are able to empower donors with the personalized experiences they are accustomed to online. The digital giving system uses integrated payment applications, performance analytics, and success coaching to ensure immediate and enduring growth. Launched in 2012 and headquartered in Plano, Texas, iDonate represents the top nonprofits in faith, education, human services, and healthcare. Through a commitment to generosity and innovation, iDonate has become the world’s standard for donation processing technology.

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