GiveGab Garners $1,200,000 Series A Financing Round

  • Feed Type
  • Date
    3/14/2013
  • Company Name
    GiveGab
  • Mailing Address
    130 East State St. Ithaca, NY 14850
  • Company Description
    GiveGab is a social network dedicated to helping volunteers and nonprofit organizations interact, on a local level, in your communities. Our goal is to create a fun yet effective online environment that encourages real-world volunteer hours, donations, and social interactions. GiveGab helps volunteers find volunteer opportunities in their local community, log volunteer hours, and create a volunteer resume. Nonprofit volunteer managers can use it to create and manage events, programs, and opportunities, plus recruit volunteers. Schools, Businesses, and Clubs can track their volunteer hours. It’s where to volunteer!
  • Website
    http://www.givegab.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,200,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The Ithaca-based volunteer management software provider will use the funding to expand the website’s capabilities and business development efforts, including the launch of premium offerings and enhanced reporting in Q3, 2013.
  • M&A Terms
  • Venture Investor
    Cayuga Venture Fund
  • Venture Investor
    Great Oaks Venture Capital
  • Venture Investor
    Rand Capital