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By Dana Bakich , founder and CEO of Positive Equation – a digital consultancy focused on equipping nonprofits with the tools and resources to build impactful digital strategies. For the example below, we’ll be building out a sample Facebook Live co-branded series. 82% prefer live video over traditional social posts. . Hard Costs: .
By Kayla Matthews , writer at ProductivityTheory.com and journalist dedicated to helping others better their productivity. These events are an exciting new kind of fundraiser in which gamers raise money for charity by livestreaming themselves playing video games. Gamers Raise Money for Charity. million for St.
Finance plays a crucial role in building a sustainable and scalable funding strategy. When your organization expands your revenue sources, you: Build resilience A broader funding base means your organization is less likely to face a financial crisis if one revenue stream dips. Tell a compelling story that pulls at the heartstrings.
Let’s walk through four basic steps to buildingproductive community partnerships to bolster your mission. Building a truly beneficial community partnership requires time and effort. You need to find the right fit to ensure that your partnerships remain productive and valuable for the long term. Identify your needs.
Niche local brands are also emerging to offer tailored beauty and skin care products. This is after recently introducing a new range of skin products in the market, with plans to launch more next year. Its products are sold through its online platform , on marketplaces, and in the stores of partner brands. “We
Today, the unified payments app is announcing that it has raised $32.8 We’re building this interoperability so a Kenyan traveling to Ghana or Ghanaian travelling to Kenya would be able to pay for stuff without having to change currencies or setting up accounts when they touch ground,” Boampong said.
These are ideal for organizations focused on planned giving and legacy-building efforts. Whether youre raising funds for scholarships, endowments, or community programs, fund pages make it easy to showcase each funds unique story and impact while giving donors the transparency and trust they need to give with confidence.
AltSchool, which is now Altitude Learning) has raised $1 million in pre-seed funding to scale its efforts, said chief executive Adewale Yusuf to TechCrunch. In 2020, Yusuf toyed with the idea of building a physical campus where he and his team would train software engineers to get international opportunities.
Today’s investment brings the total raised to $23 million, according to Crunchbase data. Skelly sees building a diverse company as a key goal and is proactive and thoughtful about finding ways to achieve that. Jennifer Li, a partner at lead investor Andreessen Horowitz likes the startup’s approach to no code.
That led Hess to found Consensus, a platform for interactive video demos, which today announced that it raised $110 million from Sumeru Equity Partners. Consensus lets engineering teams build a library of reusable, interactive video demos that sales teams can send out on demand. million last September.
According to The State of Modern Philanthropy 2021 , “The median amount raised by events in which attendees raise money on behalf of an organization through peer-to-peer fundraising pages, typically is 4.5 A peer-to-peer fundraising event is one in which your supporters raise money on behalf of your cause. Sounds good, right?
Louis, announced that it has raised $1.4 Prior to its pre-seed round, Rebundle had raised what CEO and co-founder Ciara Imani May described as six-figures worth of grant, and other non-dilutive capital in an interview with TechCrunch. Rebundle is a DTC company, selling its products through its website. Enter venture capital.
In the update, Pinterest claims its goal in training AI is to "improve the products and services of our family of companies and offer new features." The company is also building a text-to-image "foundational" AI model, dubbed Pinterest Canvas , which it says is designed for "enhancing existing images and products on the platform."
When more than a dozen of its buildings were destroyed in the fire, the chance arose to rebuild the camp for the unique needs of the people who have been using it for decades. During the early design stages, Perkins & Will created a large tabletop 3D model of the camp’s 311-acre site and 50-plus buildings and cabins.
Texas A&M University has brought AR/VR production into its celebrated Visualization program , letting students learn to build state-of-the-art virtual productions before they leave college. Xreal announced in January 2024 it had raised an additional $60 million in funding for further development of its AR glasses.
Recouping such extravagant production budgets is no easy task, especially with only a few videos released per month. Little surprise, then, that the YouTube star has spent the past few years leveraging his fame to build businesses that have nothing to do with the social media platforms he started out on.
2) Nonprofits Can Raise as Much (or More!) Virtual fundraising events can raise a lot of money, some even surpass their in-person version. And for those events that don’t quite raise as much virtually as in-person, they still net more due to lower overhead costs. as In-Person Fundraising.
We’re excited to share that Bloomerang and Kindful nonprofit customers raised more than $42.4 Bloomerang and Kindful customers raised more funds than in previous years. During such a challenging time, we’re encouraged to see an increase in donations and in the number of people who are committed to building a world inspired by giving.”.
In February, Nigerian fintech startup Mono announced its acceptance into Y Combinator and, at the time, it wanted to build the Plaid for Africa. The investment comes nine months after the company raised $500,000 in pre-seed last September and two months after receiving $125,000 from YC. Abdul Hassan (CEO) and Prakhar Singh (CTO).
One year after raising $16 million , construction technology company Buildots is back to claim another $30 million, this time in Series B funding. Danon said though construction accounts for 13% of the world’s GDP and employs hundreds of millions of people, construction productivity continues to lag, only growing 1% in the past two decades.
In the latest development, Bumpa , one of them which says it is building the infrastructure to power online commerce and enable African small business owners to start, manage and grow their businesses from their mobile devices, has raised a $4 million seed round. . Integrating an ecosystem of products.
In the frenzy of exciting discounts and hot new product trends, it can be a challenge for nonprofits with online shops to compete with big brands and e-commerce giants that have significantly larger marketing and advertising budgets. Is the product from a socially conscious or ethical brand? Tag your products in Stories and Posts.
SeamlessHR , a Nigeria-based company that wants to help African businesses “leverage the continent’s greatest asset: abundant human capital” with its cloud-based human resources (HR) and payroll software, has raised $10 million in Series A funding for its next phase of growth and regional expansion.
Over the past 18 months, the company has been building out its distribution and agent networks. When the information of this new set of customers is collected and saved on its platform, Bankly starts to build engaging communities where these people can collectively save their income with the agents.
In total, Flutterwave has raised $225 million and is one of the few African startups to have secured more than $200 million in funding. . based payments company with offices in Lagos and San Francisco, Flutterwave helps businesses build customizable payments applications through its APIs. Launched in 2016 as a Nigerian and U.S.-based
“ The gig economy and the service economy for small businesses economy is very massive, and we care about it enough to dedicate all our time into building payments for Africa.” That’s the same proposition Eluan (CEO), Orukpe (CTO) and the team have with their product, Flux. Image Credits: Flux. ” he said.
Since 2014, Twiga Foods has been using technology to build supply chains in food and retail distribution on the continent, starting with Kenya. Per Crunchbase , Twiga has raised over $100 million in both debt and equity financing rounds. We see ourselves as building a one-stop-shop for the informal retailer and all their needs.
That's despite having founded his own AI company, dubbed xAI, a for-profit entity that has raised billions of dollars , much like OpenAI. In December, xAI raised $6 billion at a valuation of $50 billion , less than a third of what OpenAI was valued at the time. Many, many lawsuits, all sorts of other crazy stuff, now this.
Let’s say you were spending tens of thousands of dollars to build yourself a fancy home theater. Stansbury, a former Intuit CTO who took the helm at Kaleidescape after getting hooked on the system himself, says he’s on a mission to revitalize the company and reach new audiences after years of stagnant product development.
By Kayla Matthews , writer at ProductivityTheory.com – a blog dedicated to helping others better their productivity. Build a Content Strategy. For example, the 2018 TwitchCon — a livestream gaming conference in San Diego — raised more than $200,00 0 for 10 charities.
They posted to Facebook to help raise awareness and ask for donations. It doesn’t have to be a sophisticated television production. Subsequent videos could give updates on how much has been raised, another on progress made from relief efforts and another on how the money is being put to use. 1) Text-to-Donate on Facebook.
Organizations across many industries believe their employees are more productive and efficient with AI tools such as chatbots and coding assistants at their side. Contextual AI lets organizations put a companys proprietary intelligence into a secure data store, then lets them build AI apps that can call on that data. Blackbird.AI
This program promotes efficient water use in homes and businesses throughout the country by offering a simple way to make purchasing decisions that conserve water without sacrificing quality or product performance. For every 1,000 fundraising messages sent, nonprofits raised $78. Plain Language Example #2. M+R Benchmarks Report.
Ramani , a Tanzanian startup focused on consumer-packaged goods (CPG) supply chains, plans to introduce new financial services as it expands its operations in the East African country after raising $32 million in Series A debt-equity funding. That is why we are building bespoke financial services for the supply chain,” said Usiri. “We
After exiting Jobberman, Awoyemi, the firm’s managing partner, was a senior technical product manager at Indeed. It starts with an “impact-focused” idea that Fast Forward can build a solid business around. Nigeria’s AltSchool raises $1M pre-seed to build an alternative school for Africans.
“I believe that the best consumer investments come from people who have unique insights on consumer behavior and ways that new tech products can allow new forms of social interaction,” said Charles Hudson from Precursor Ventures , who led the pre-seed investment round. The company raised the pre-seed round of $750,000.
Despite the importance of raising money well, the majority of small to midsize nonprofits use suboptimal strategies—methods that are expensive, time-consuming, and yield only minimal returns on a lot of hard work. These are the kinds of revenue strategies that keep nonprofits just surviving instead of scaling.
So instead of going out and raising venture capital, we decided that we were going to bootstrap because we could convince some landlords to list their homes on this platform that we had built and derisk some of their problems.”. Many of Spleet’s customers are middle- to high-income earners (paying between $200 and $1,000 monthly).
Yoco’s portable card machines have proved masterful in solving this problem; when TechCrunch covered the company three years ago after its $16 million Series B raise, it had little over 30,000 merchants using its platform. South Africa’s Yoco raises $16 million to boost digital services to small businesses. Image Credits: Yoco.
It advises that chatbots that build "trust and rapport" through obsequiousness, flattery, or simulated empathy the Google scientists refer to this as "sycophancy" pose a particularly high risk to users. This same bot, the family claims, was the first to raise the idea of suicide in its conversations with the minor user. Character.AI
The company, which enables underbanked customers in select African markets to access a broad range of products and services without collateral or a guarantor, announced today that it has raised $75 million. M-KOPA’s total equity raise stands at $190 million. The company is led by co-founder and CEO Jesse Moore.
Lagos- and Texas-based digital healthcare provider Reliance Health is the latest beneficiary and is doing so in grand style, raising $40 million. Reliance Health has bundled both vital concepts so that users can get access to an integrated suite of healthcare products via subscriptions. African tech took center stage in 2021.
If you can plug some of those leaks, you can reclaim time that you can use for more productive activities, like generating revenue for your nonprofit. If you must have a meeting, there are some things you can do to have more efficient, more productive meetings: Start by creating an agenda of no more than 3 important items for the meeting.
It can help you decide on the revenue categories youll focus on, the likely mix of revenue from those categories, and the capabilities required to raise that revenue. These include categories like grants, donations from individuals, support from companies, and earned income from services or products. based nonprofits.
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