Money for Fundraising Measurement Firm FundMiner

FundMiner, which helps fundraising organizations measure impact, has raised $1.725m with which to fuel company growth.

Founded in 2022 by Chelsea Lamego and Alejandro Stevenson-Duran (pictured), FundMiner helps large fundraising organizations like universities and community foundations to automate and simplify the management of their philanthropic funding. By bringing together data from previously siloed systems and applying intelligent analytics, the firm aims to enable customers to increase revenue and improve donor satisfaction.

The raise was led by Sonoran Founders Fund, with participation from Techstars, Cascade Seed Fund and others. In a statement, FundMiner said: 'When fundraising organizations aren't effective with gift administration processes, they experience unhappy donors, a loss of future funding, and underutilization of resources. FundMiner is transforming an outdated industry in which deans, department chairs, other members of the leadership and those in the advancement office captured information manually, churned out ad hoc reports and dealt with unreliable, inefficient results. Now, this can all change'.

Web site: www.fundminer.com .