October 17, 2017
SOUTH BEND, IND., – GiveGrove, a platform that makes hosting fundraising events easy and effective for both event administrators and donors, has been awarded an Elevate Ventures High-Potential Startup Grant (HPSG).
Elevate Ventures provides HPSGs to help entrepreneurs overcome hurdles to attain a specific measurable milestone. This pre-seed program awards up to $25,000 to high-potential startups in regions where communities have invested in entrepreneurism.
“HPSGs are a valuable resource available to companies in North Central Indiana, and Elevate is excited to aid GiveGrove in its continuing progress,” says Gavin Ferlic, Elevate Ventures Entrepreneurial Engagement Director.
This HPSG will enable GiveGrove to develop additional platform features and integrations, add talent to its roster and continue client acquisition efforts.
GiveGrove formed to work directly with the South Bend Center for the Homeless to find a digital solution for registration and donations in preparation for their largest fundraising event of the year, which also happens to be St. Joseph County’s largest annual single-night event fundraiser. GiveGrove worked with the Center’s fundraising team to develop a platform conducive to their needs. The event received a record number of pre-event and overall donations and saved the organization thousands of dollars in vendor fees.
The success of the fundraiser through the platform made GiveGrove team members realize that the product merited additional investment and development.
“GiveGrove started in the way many of the most effective products and solutions find their way to market – by addressing the direct needs of a customer in real-time,” said GiveGrove Founder and CEO Alex Sejdinaj. “Organizations and fundraisers want to run events that allow them to direct as much money as possible to the causes themselves and not be encumbered with fees or delayed deposits. Donors rightly want their funds to be used wisely. GiveGrove’s solution meets these needs. The HPSG will allow us to focus on continuing to develop additional platform features, add talent to our roster and partner with more organizations and their worthy causes.”
With a specific focus on nonprofits and fundraisers, GiveGrove has dedicated its purpose to make navigating technology and fees easier for these groups so they can focus on the causes they support. A customized interface allows nonprofits to effortlessly tailor event branding and messaging and improve the overall donor experience making registration and online giving easy.
About Elevate Ventures
Elevate Ventures is a private venture development organization that nurtures and develops emerging and existing high-potential businesses into high-performing, Indiana-based companies. Elevate Ventures accomplishes this by providing access to capital, rigorous business analysis and robust advisory services that connect companies with the right mix of resources businesses need to succeed long term. To learn more about Elevate Ventures, visit elevateventures.com.
GiveGrove is a platform that makes hosting fundraising events easy peasy lemon squeezy. There are no upfront costs, and your funds come in as soon as they are donated. Pre-event registration and instant deposits eliminate wait times and maximize cash flow for your event, improving the overall donor experience. A customized interface allows your event branding and message to shine. The best part besides helping advance great causes? We don’t make any money until you do. For more information, contact firstname.lastname@example.org.