Technology for Social Good
San Francisco, CA
Bright Funds is on the forefront of workplace philanthropy as it helps organizations and their employees change the world through impactful social good programs. Bright Funds enables employee donors to choose their cause and give to individual nonprofits or exclusively available “Funds” comprised of multiple nonprofits. The platform also allows corporations to manage their internal grant programs, relief efforts, and other social impact initiatives.
In one platform, Bright Funds brings together the power of research, the reliability of a trusted financial service, and the convenience of single-point contributions and company reporting. The Bright Funds platform can unlock greater generosity and funnel it to the most impactful organizations in the world.
Why Bright Funds?
Bright Funds specializes in generating awareness for nonprofit organizations and increasing revenue to support their program activities. We believe the greater awareness for nonprofit organizations and increasing revenue to support their program activities.
Many of us have certain causes that are dear to us, and we likely support specific organizations serving the cause. Of course many other organizations are serving as well, but how do you learn of them? Bright Funds highlights leading organizations within the cause you care about to provide additional options for financial contribution.
The Bright Funds platform can unlock greater generosity and funnel it to the most impactful organizations in the world.
Bright Funds serves enterprise clients such as Box, Cisco, and Campbells, providing large-scale exposure for nonprofits. Although enterprise sales have always represented a vast market, the aspect of human-resource targeted sales is growing tremendously.
With regards to donations facilitated through employers, the sky’s the limit. Approximately 60% of Americans donate to nonprofit organizations, however, less than 15% do so directly through their employer.
How We Helped
We participated in an equity round of investment that provided the capital necessary to staff up to meet an ongoing sales demand, as well as continue to build out the product to handle more volume. Our involvement with Bright Funds has led to portfolio synergies as their team worked with MobileServe to align giving and volunteerism.