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Announcing Givebutter’s $7.25M Seed Investment

50+ strategic investors are joining us on our mission to power the next billion changemakers

Max Friedman
June 29, 2022
Nerd Mr Butter

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Givebutter Fam, we have some very exciting news. 

After six years of profitable growth, we are thrilled to announce that Givebutter has raised its first-ever seed investment, totaling $7.25 million in funding from 50+ all-star investors. This new financial backing will allow us to significantly accelerate our pace of innovation across all of our fundraising tools, including donation forms, campaigns, events, donor management (CRM), emails, texting, and a new auction solution launching later this year (already with 450 customer requests and counting). All, of course, completely free, forever.

This milestone is a testament to you, our growing Givebutter community, and we believe it is also indicative of a larger shift that we are seeing in the nonprofit world:

  • The “Changemaker Generation” is here—and here to stay. As society increasingly seeks out opportunities to make an impact through giving and for-purpose work, nonprofits that are adapting are seeing outsized results.
  • Nonprofits no longer need to pay for world-class fundraising software. Innovations in technology and business models are opening up access to affordable, effective fundraising tools without having to compromise on functionality.
  • More people every day are recognizing that giving is tied to happiness. It’s our mission to equip changemakers with the tools they need to create a better, kinder world.

We are ecstatic to have 50+ investors from many of the world’s most successful and innovative companies who share our vision:

Investors include Ardent Venture Partners, Hyper, Tope Awotona (Calendly), Shahed Khan (Loom), Jenny Bloom (Mailchimp, Zapier), David Cummings (Pardot, SalesLoft, Calendly), Geof Barker (Smartsheet), Shreyas Doshi (Twitter, Stripe), Elena Gomez (Toast), Jon Hallett (BetterCloud), Phil Bronner (Ardent), Jay Love (Bloomerang), Allen Gannett, Sam Parr, Shaan Puri, Sahil Bloom, Julian Shapiro, and many more.

We are also honored to welcome Phil Bronner, Co-Founder of Ardent Venture Partners and Givebutter Investor, to our Board of Directors as a Board Observer. In addition, we are excited to share that Givebutter has been accepted into the second cohort of Hyper, a prestigious new startup accelerator backed by Sequoia and Andreessen Horowitz.

Givebutter is a rare breed in today's startup world, reminding me of the early days of Calendly. They are profitable, mission-driven, customer-obsessed, and entirely bootstrapped to this point. I'm excited to see what their team can accomplish with more capital to put to work.
— Tope Awotona, Founder & CEO of Calendly, and Givebutter Investor 

Every day, we are blown away by inspiring stories coming out of the Givebutter community, from nonprofits creating solutions to homelessness and fighting hunger with knitting, to families funding research to save children’s lives. In just the past two years, over a million changemakers have raised more than $300 million on Givebutter for good causes just like these. With this new investment, we will be doubling down on our mission and continuing to deliver innovative fundraising solutions to nonprofits—more efficiently, more effectively, and with exponentially more butter puns.

We feel incredibly honored to have such an amazing community of changemakers with us on this journey. On behalf of everyone at Team Givebutter, I want to thank you sincerely for your early and continued support. 

Here's a Toast to even butter days ahead! 🍞🥂

Interested in joining the Givebutter team? Check out our open roles. If you haven't tried Givebutter yet, you can sign up for free or request a demo.

Press release: Givebutter Announces $7M in Seed Funding to Empower the Changemaker Generation

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