About CrowdRise
CrowdRise is a company based in Detroit (United States) founded in 2010 was acquired by GoFundMe in January 2017.. CrowdRise has raised $31.35 million across 4 funding rounds from investors including Creative Artists Agency, GoFundMe and United Talent Agency. The company has 332 employees as of December 31, 2021. CrowdRise offers products and services including Fundraising Platform, Donation System, and Resource Hub. CrowdRise operates in a competitive market with competitors including GoFundMe, Kickstarter, Impact Guru, Wadiz and JustGiving, among others.
- Headquarter Detroit, United States
- Employees 332 as on 31 Dec, 2021
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Sectors
Financial ServicesGovernment & Social Sector
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$31.35 M (USD)
in 4 rounds
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Latest Funding Round
$5 M (USD), Series B
Dec 15, 2015
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Investors
Creative Artists Agency
& 7 more
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Employee Count
332
as on Dec 31, 2021
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Acquired by
GoFundMe
(Jan 10, 2017)
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Products & Services of CrowdRise
CrowdRise offers a comprehensive portfolio of products and services, including Fundraising Platform, Donation System, and Resource Hub. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool for creating and managing online fundraisers for various causes
Secure method for users to donate to verified fundraisers
Provides tips and guides for effective fundraising activities
Funding Insights of CrowdRise
CrowdRise has successfully raised a total of $31.35M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in December 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $5.0M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2015 | Amount | Series B - CrowdRise | Valuation |
investors |
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| Apr, 2014 | Amount | Series B - CrowdRise | Valuation | Union Square Ventures | |
| Jul, 2013 | Amount | Series A - CrowdRise | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CrowdRise
CrowdRise has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Creative Artists Agency, GoFundMe and United Talent Agency. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focused on blockchain, wellbeing, and multiple sectors
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Founded Year | Domain | Location | |
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Spark Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital investments in technology startups and entrepreneurs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CrowdRise
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CrowdRise
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Crowdrise Comparisons
Competitors of CrowdRise
CrowdRise operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GoFundMe, Kickstarter, Impact Guru, Wadiz and JustGiving, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Funds are raised online for social causes via crowdfunding platform.
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| domain | founded_year | HQ Location |
Creative projects are crowdfunded via a cloud-based platform.
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| domain | founded_year | HQ Location |
Donation-based crowdfunding platform is provided online for various causes.
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| domain | founded_year | HQ Location |
Equity and revenue-based crowdfunding for startups is enabled.
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| domain | founded_year | HQ Location |
Funds are raised online for charities and personal campaigns.
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| domain | founded_year | HQ Location |
Rewards-based crowdfunding is enabled via an "All or Nothing" model.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about CrowdRise
When was CrowdRise founded?
CrowdRise was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is CrowdRise located?
CrowdRise is headquartered in Detroit, United States. It is registered at Detroit, Michigan, United States.
Is CrowdRise a funded company?
CrowdRise is a funded company, having raised a total of $31.35M across 4 funding rounds to date. The company's 1st funding round was a Series A of $3.35M, raised on Jan 01, 2011.
How many employees does CrowdRise have?
As of Dec 31, 2021, the latest employee count at CrowdRise is 332.
What does CrowdRise do?
Founded in 2010 and based in Detroit, United States, CrowdRise operates as a donations-based crowdfunding platform. Funds are raised by users for personal projects, non-profit initiatives, and events. A 3 platform fee is charged on amounts collected. The service supports various fundraising needs within the charitable sector, facilitating online donations for social and individual goals.
Who are the top competitors of CrowdRise?
CrowdRise's top competitors include Wadiz, GoFundMe and Kickstarter.
What products or services does CrowdRise offer?
CrowdRise offers Fundraising Platform, Donation System, and Resource Hub.
Who are CrowdRise's investors?
CrowdRise has 8 investors. Key investors include Creative Artists Agency, GoFundMe, United Talent Agency, Union Square Ventures, and Spark Capital.
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