Funraise Accelerates Nonprofit Sector Impact With Focus on AI-Backed Fundraising Intelligence
Funraise, a fundraising platform serving thousands of nonprofit organizations, announces an acceleration of in-platform data intelligence products backed by AI, including AI forecasting, AI data explanations, and AI natural language queries, all powered by Sisense.
This effort to usher nonprofit organizations into the new era of AI will allow nonprofits to compete for the same dollars previously secured by for-profit companies that boast massive AI and data intelligence tools. Funraise's team is excited to lead this turning point in nonprofit technology.
Sustaining and increasing revenue is currently a critical concern for nonprofits, with donor retention rates falling below 50% in 2022 (AFP). New AI and data intelligence solutions will support the sector in overcoming challenges in navigating complex donor retention initiatives and enable organizations to take strategic actions that result in increased efficiency, revenue, retention, and, ultimately, impact.
Justin Wheeler, Funraise CEO and Co-founder, says, "Funraise has seen firsthand how the power of data intelligence can sustain and accelerate life-changing impact. We're excited to increase the accessibility of this technology because we know nonprofits are poised to launch into a future where actionable insights will increase impact in a big way."
Backing this initiative is Funraise's continued partnership with Sisense, the leader in AI-driven analytics that empowers non-technical users to navigate complex data by seamlessly delivering contextual insights at their fingertips. Because Funraise exclusively serves the nonprofit sector, this partnership also greatly increases Sisense's impact in the social good sector.
Ayala Michelson, Chief Products and Technology Officer and GM Israel at Sisense, says: "Sisense is thrilled to bring cutting-edge analytics and data intelligence tools to the nonprofit sector alongside Funraise. By empowering organizations with the insights they need to make informed decisions, we can help maximize the impact of their mission-driven work."
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.
