Givebutter Announces $50M Investment From Bessemer Venture Partners' BVP Forge [Yahoo! Finance]
PagerDuty, Inc. (PD)
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Source: Yahoo! Finance
AUSTIN, Texas April 22, 2024 /PRNewswire/ -- Givebutter , the all-in-one nonprofit fundraising and CRM platform, today announced that it has closed a $50 million strategic growth investment led by BVP Forge , Bessemer Venture Partners' dedicated investment fund for self-sustaining, growing companies, with participation from existing investor Ardent Venture Partners . The funding follows another year of rapid and profitable growth for Givebutter, during which total donations on the platform crossed $1 billion "Givebutter is set to become the leading platform for nonprofits to better engage their donors and amplify their missions," said Navid Oreizy , Partner at BVP Forge. "We look forward to leveraging Bessemer's proven track record with category-defining companies like Shopify, Canva, and Toast to further accelerate Givebutter towards its goal of becoming the operating system for nonprofits." Since its founding, Givebutter has emphasized profitable and efficient growth, scaling t
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