GiveCampus Acquires Community Funded, Expanding Educational Fundraising
GiveCampus, the premier fundraising platform for nonprofit educational institutions, announced that it has acquired Community Funded, a leading provider of giving day and crowdfunding technology. The combination of these two highly-regarded, mission-driven companies will expand the reach and power of social fundraising to even more schools to help them reach, engage, and mobilize their communities. This is GiveCampus’s first acquisition and leverages a $50 million growth investment that the company announced last year.
GiveCampus launched in 2015 with the mission to increase the quality, affordability, and accessibility of education, and since then has facilitated more than $3 billion in charitable giving to more than 1,200 colleges, universities, and K12 schools. Founded in 2011, Community Funded has helped schools raise more than $500 million. Community Funded’s 100-plus customers include the University of North Carolina at Chapel Hill, University of Utah, American University, the University of Illinois Foundation, and the University of Colorado system.
“The acquisition of Community Funded represents a deep commitment to our roots and an ambitious vision for the future,” said GiveCampus Co-Founder and CEO, Kestrel Linder. “Together with Community Funded, we’ll continue to innovate and offer the best platform for giving days, crowdfunding, and online giving, while also broadening our work to enable the critical workflows that come before and after a donor makes a gift.”
As part of the acquisition, Community Funded’s customer success, customer support, and product and engineering teams will be joining GiveCampus, ensuring continuity for Community Funded customers and providing the same level of support and expertise they have come to expect.
“The Community Funded team is known for its customer-centric approach, and our respective missions and cultures have always been well-aligned,” said Linder. “We are excited to welcome the team on board in support of our expanded community of partner institutions.”
“We have always admired GiveCampus. They’ve been leading the way in the educational fundraising space for close to a decade, and we couldn’t be more thrilled to be joining forces with them,” said Community Funded CEO Charlie Lambropoulos. “GiveCampus continuously sets and raises the bar for what online giving experiences should look like, and we are excited to be able to deliver those experiences to our customers and their donors. We’re also eager to give our customers access to GiveCampus’s portfolio of solutions for other important fundraising activities, from texting and event registration to volunteer management and prospect research.”
The preceding press release was provided by a company unaffiliated with NonProfit PRO. The views expressed within do not directly reflect the thoughts or opinions of the staff of NonProfit PRO.
