About Socialwyze
Socialwyze is a Government & Social Sector company based in Dallas (United States) founded in 2018 by Cody Merrill. Online platform for governments and donors to pay unemployed people. Socialwyze has raised $1.2 million across 3 funding rounds from investors including Mark Cuban Companies, Cortado Ventures and Jason Gaudette. Its chief executive, as recorded, is Cody Merrill. Its focus areas include Enterprise Applications, Nonprofit Tech, Volunteer Management and Volunteer Sourcing. Its competitors include Catchafire, Idealist and VOMO; 2 of its 3 listed competitors have raised funding.
Company details
Founded in 2018 in Dallas, United States, Socialwyze operates as an online platform in the social impact sector. Governments and donors are enabled to compensate unemployed individuals for work on public benefit projects. Jobs are reserved by workers, while operations supporting nutrition, housing, and environmental initiatives are received by nonprofits. Poverty alleviation is facilitated through industrial-scale efforts.
- Headquarters Dallas, United States
- Founders Cody Merrill
- SectorsGovernment & Social Sector
- Email••••••••
- Website socialwyze.com
- Social LinkedIn X Facebook
- Total Equity Funding$1.2M (USD)
in 3 rounds
- Latest Funding Round$600K (USD), Seed
Nov 2020
- InvestorsMark Cuban Companies
& 2 more
Funding Insights of Socialwyze
Socialwyze has successfully raised a total of $1.2M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $600 thousand completed in November 2020. 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 $1.2M
- Total Rounds 3
- Last Round Seed — $600,000
- Investors Count 3
All 3 funding rounds of Socialwyze with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2020 | $600,000 | Seed | – | Mark Cuban Companies, Cortado Ventures | |
| Aug 2020 | Debt – Conventional | – | – | – | |
| Aug 2020 | $601,000 | Seed | – | – | – |
3 investors in total: 2 institutional and 1 angel.
Investors in Socialwyze
Socialwyze has secured backing from 3 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Mark Cuban Companies, Cortado Ventures and Jason Gaudette.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| cortado.ventures | ||||
Management of diverse investments in technology, sports, healthcare, and media. | markcubancompanies.com | |||
JG Jason Gaudette | unknown_aa03ff3f367244d18 |
Investor details for Socialwyze
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Socialwyze
2 people are tracked at Socialwyze (2 in leadership).
| Name | Role | Group |
|---|---|---|
Cody Merrill | Founder & CEO | Leadership |
Alfonso Medeiros | Chief Design Officer | Leadership |
Complete people profiles for Socialwyze
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Socialwyze
3 dated milestones of Socialwyze across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Socialwyze is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $600K.
Competitors of Socialwyze
Socialwyze has 3 listed competitors in our database, 2 of them funded. They include Catchafire, Idealist and VOMO.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| catchafire.org | 2009 | New York, United States | $13.65M | Skill-based volunteering is enabled through connections between nonprofits and professionals. | ||
| idealist.org | 1995 | New York, United States | Candidates and employers are connected through an online job board. | |||
| vomo.org | 2015 | Mckinney, United States | $100,000 | Volunteers are sourced via a cloud-based platform for nonprofits. |
Detailed competitors of Socialwyze
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Nonprofit Tech
3 companies that operate in the same segment as Socialwyze (Nonprofit Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Funds are raised online for social causes via crowdfunding platform. | 2008 | San Diego, California, United States | ||||
Creative projects are crowdfunded via a cloud-based platform. | 2009 | Brooklyn, New York, United States | ||||
Provider of scalable corporate volunteering programs | 2014 | San Mateo, California, United States | USD 29.05 M | USD 4.79 M | 152 |
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Frequently Asked Questions about Socialwyze
Socialwyze was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Socialwyze is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Cody Merrill is the CEO of Socialwyze, as recorded in our data. They have also founded this company.
Socialwyze is a funded company, having raised a total of $1.2M across 3 funding rounds to date.
Founded in 2018 in Dallas, United States, Socialwyze operates as an online platform in the social impact sector. Governments and donors are enabled to compensate unemployed individuals for work on public benefit projects. Jobs are reserved by workers, while operations supporting nutrition, housing, and environmental initiatives are received by nonprofits. Poverty alleviation is facilitated through industrial-scale efforts.
Socialwyze's top competitors include Catchafire, VOMO and Idealist.
Socialwyze has 3 investors. Key investors include Mark Cuban Companies, Cortado Ventures, and Jason Gaudette.