{"data":{"type":"company_profile_ai","id":98421,"entity_id":"wefunder:company:98421","attributes":{"canonical_url":"https://wefunder.com/givsum","retrieval_urls":{"canonical":"https://wefunder.com/givsum","json":"https://wefunder.com/givsum.json","markdown":"https://wefunder.com/givsum.md","ai_json":"https://wefunder.com/givsum.ai.json","ai_text":"https://wefunder.com/givsum.ai.txt","changelog_json":"https://wefunder.com/givsum.changelog.json","schema":"https://wefunder.com/.well-known/ai-profile-schema.json"},"updated_at":"2026-06-22T05:03:25Z","generated_at":"2026-06-22T11:57:49Z","profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"company":{"id":98421,"entity_id":"wefunder:company:98421","slug":"givsum","name":"Givsum, Inc.","tagline":"Software helping nonprofits raise more money and operate more productively.","elevator_pitch":"Givsum makes it easy for charitable organizations to raise more money efficiently and deliver their services more effectively, while at the same time helping people find causes to support.","location":"Newport Beach, CA","website":"https://www.givsum.com/","total_amount_raised":52800,"total_investors":36,"is_funded":true,"is_active":true},"key_claims":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 52800","citation":"https://wefunder.com/givsum#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-22T05:03:25Z","as_of":"2026-06-22T11:57:49Z","confidence":"high"},"observed_at":"2026-06-22T05:03:25Z","expires_at":"2026-06-23T05:03:25Z"},{"claim_id":"claim-total-investors","text":"Total investors: 36","citation":"https://wefunder.com/givsum#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-22T05:03:25Z","as_of":"2026-06-22T11:57:49Z","confidence":"high"},"observed_at":"2026-06-22T05:03:25Z","expires_at":"2026-06-23T05:03:25Z"}],"verified_facts":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 52800","citation":"https://wefunder.com/givsum#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-22T05:03:25Z","as_of":"2026-06-22T11:57:49Z","confidence":"high"},"observed_at":"2026-06-22T05:03:25Z","expires_at":"2026-06-23T05:03:25Z"},{"claim_id":"claim-total-investors","text":"Total investors: 36","citation":"https://wefunder.com/givsum#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-22T05:03:25Z","as_of":"2026-06-22T11:57:49Z","confidence":"high"},"observed_at":"2026-06-22T05:03:25Z","expires_at":"2026-06-23T05:03:25Z"}],"company_claims":{"tagline":"Software helping nonprofits raise more money and operate more productively.","elevator_pitch":"Givsum makes it easy for charitable organizations to raise more money efficiently and deliver their services more effectively, while at the same time helping people find causes to support.","story":"Givsum helps charitable organizations free up valuable time and resources to pursue their worthwhile missions.We do this by providing a simple online platform that organizations can use to create fundraising pages, sell event tickets, accept donations, run auctions,\u0026nbsp;manage their volunteers and members, track donor behavior, and more – all in one place.Givsum's software helped supporters of\u0026nbsp;the Sunrise Rotary Club of Camarillo's golf tournament\u0026nbsp;raise $53,932 for kidSTREAM.\u0026nbsp;PITCHMy Co-Founders and I have been involved in the charitable space in some form or fashion for most of our adult lives, be it volunteering, supporting organizations financially, or serving in some leadership capacity. What we’ve learned is that no matter the size or sophistication of the organization, they’re all hindered by bad tech: some are antiquated, others are ineffective, almost none of them work together or leverage peer-to-peer opportunities, and most are priced beyond the value they provide. Charitable organizations need a better solution.It takes too much time to manage multiple online tools and most don’t work together.Without a networked marketplace, Peer-to-peer opportunities are missed.Generated data is siloed, its usefulness is never realized.Not only is their bad tech ineffective, it’s overly expensive.That’s where the Givsum platform comes in. We’ve built the tech that charitable organizations want and it works in the ways that they need. While the tools that we’ve built can certainly be used independently, they increase efficiencies and effectiveness when they are used together. Organizations can run all of their operations from a single dashboard, leverage peer-to-peer support, take advantage of previously unknown data, and all at a reasonable cost.Everything works in concert from a single dashboard: fundraisers, community events, analytics, donor management, membership management, point of sale,\u0026nbsp;and more.Every engagement on the platform is designed to be shared peer-to-peer.In a networked marketplace, all data is captured and is available to be mined and analyzed.Givsum saves lots of time and is affordable.Subscriptions launched in May 2021 with service clubs\u0026nbsp;as our initial beachhead:15% week-over-week growth in new subscriptions200% growth in volume from previous year127% growth in total revenue and MRR0.04% churn10% growth in referrals4,880 new supportersThe reason why we built our platform to function as an ecosystem is based on our hypothesis that once an organization began enjoying the use of our tools and all of their data started living on our platform that they would find it easier to invest further into the use of Givsum than to switch or return to one of our competitors. What we’ve found is that all it takes is for an organization to process anything over $3,000 for them to start making use of various other aspects of the platform.Our customers have one of three ways to use the Givsum platform. If all they need is an organization page, with a donate button, and the ability to invoice membership dues, then the Givsum Starter is our Freemium offering.For those that want full use of the platform, there are two subscription options: month-to-month or annual. Because we don’t charge sign-up or cancellation fees, a subscriber is free to turn their subscription on or off whenever they like, and at just $50 per month, the barrier to entry is minimal. Once subscribed and with repeated use, customers are encouraged to save themselves $100 by prepaying for an annual subscription.For organizations that can guarantee large transaction volume, we can negotiate a reduction of either subscription fees or transaction fees.Important to note, we do still charge transaction fees. We charge a flat 5% + $0.30 on every transaction, 2% of which is collected by Givsum and the rest goes to our payment processor; transaction fees are always paid by supporters, not by an organization.There are 7,500 individual Rotary Clubs across the United States and each partners with 3-6 local charities, on average. Those clubs can serve as a beachhead. Givsum will onboard a combination of clubs and charities, to reach a total of 13,000 organizations within 5 years, resulting in 24% of SAM.Forward looking projections cannot be guaranteed.So how does this all break down? The average service club\u0026nbsp;has about 50 people who support that organization. Based solely on our current verticals, the average club is processing $60,000 during the course of a year, which puts $1,800 in our pockets. As we add new features, like online auctions, we expect to capture a significant increase in what they process. Our goal is to grow the number of service clubs that we have using the platform and to encourage their participation in our referral program. Each club is affiliated, on average, with 3-6 local charities. By leveraging happy customers, they become a distribution network that will\u0026nbsp;expedite our entry into new market locations.Forward looking projections cannot be guaranteed.Here’s how you can get involved. We’re raising a $2M Seed Round on a convertible note, at 5% interest, a $10M cap, and a 20% discount on the next priced round. SteelBridge Labs is leading the round with $500,000, so we have $1.5M available. The bulk of the funds raised will be used to grow our customer base and to release new features that will add new revenue streams from our customers.Givsum Founder, Shawn Wehan, serving as the master of ceremonies at the Pediatric Cancer Research Foundation's Reach for the Cure in 2014.","quick_facts":["💰 200% growth in volume from the previous year. 127% growth in total revenue.","🌱 Revenue from organizations that pay for SaaS and transaction fees • 900+ campaigns in 2021.","💥 15% week-over-week growth in new subscriptions.","📈Huge market: $471 billion donated to U.S. charities in 2020.","👍 Niche: growth strategy is initially focused on U.S. service clubs + affiliated local charities.","💪🏽 Founding team highly experienced in nonprofits ops, tech, and business law"]},"computed_metrics":{"total_amount_raised":52800,"total_investors":36,"team_size":3,"featured_investor_count":1,"faq_count":2,"recent_post_count":10},"quick_facts":[{"claim_id":"claim-fact-1","value":"💰 200% growth in 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like a great team. Had a few questions. Can you update your recent traction with regard to Subscribed Organizations, Transaction Volume, MRR and Total Revenue? I see the figures but they go back to August. If they're not trending positively can you let us know why/the ba...","answer":"Hi Joe, Thanks for the questions. We'll update all numbers at the end of the month. This March has been solid as our gross transaction volume is 180% above last month, our net revenue (subscriptions/volume) is 67% better than last month and 364% better than last year. The goal it to stay on this trajectory for as long as we can!"},{"question":"Hello Givsum team! I like your mission, and the roadmap seems clear, but I'm semi-concerned about the lack of funding. I understand the macroeconomy + season is making it a bit more difficult to source funding, and I'm wondering how much of a hindrance that will be to operations.","answer":"Hi Elias, Great question. I just saw your investment of $500. Welcome to the team! Thank you for supporting the mission. - Yep, 2022 has been a fundraising challenge for all startups. We're fortunate that we're in revenue and aren't solely reliant on investment capital to survive. We've made cuts where we've needed to and we're looking at a solid 2023 as we're looking at a new white-label vertical that is slated to bring in over $150K of revenue. So, we'll make it through the downturn and com..."}],"recent_posts":[{"id":159537,"entity_id":"wefunder:feed_item:159537","title":"Countdown to Givsum/Wefunder Close","preview":"Dear Givsum Investors,\u0026nbsp;Thank you for participating in the Givsum “Seed Round” campaign on Wefunder.\u0026nbsp; In total, 45 investors participated with over $50K raised.\u0026nbsp; On December 1st, our Wefunder campaign will officially close and “retail” investors will no longer be able to participate in the round.\u0026nbsp;Before it’s too late, please consider sharing the campaign with others, and/or increase your investment before December 1st.\u0026nbsp; Every dollar invested provides the necessary capi...","published_at":"2022-11-22T20:36:04Z","canonical_url":"https://wefunder.com/feed/159537"},{"id":158565,"entity_id":"wefunder:feed_item:158565","title":"Q3, 2022 Investor Update","preview":"Dear Valued Investors and Friends of Givsum,\u0026nbsp;We have Q3 good news and bad news!\u0026nbsp;\u0026nbsp;First, the bad news.\u0026nbsp; Givsum’s investment funding dried up.\u0026nbsp; On August 5th we laid off the entire team and have been operating the company from revenues only.\u0026nbsp; Givsum’s Founders, Robert, Alan, and I have been wearing multiple hats as we’ve worked to keep the ship afloat and navigate through ongoing growth challenges (i.e. sales, onboarding, customer success, and dev requests).\u0026nbsp;\u0026...","published_at":"2022-10-04T00:49:40Z","canonical_url":"https://wefunder.com/feed/158565"},{"id":157306,"entity_id":"wefunder:feed_item:157306","title":"Givsum Point of Sale Has Arrived!","preview":"NEW! \"Givsum Point\" App is now available in the App Store.\u0026nbsp;Givsum’s Point of Sale app and mobile card reader makes check-outs and accepting transactions at your in-person fundraisers easier than ever before.Easy In-Person Check-Outs \u0026 Transactions At Your Next FundraiserEnable your supporters to purchase tickets, items, or make an additional donation in person.The \"Givsum Point\" App\u0026nbsp;Within seconds you’ll be ready to sell more or receive additional donations from anyone standing in f...","published_at":"2022-08-06T16:53:25Z","canonical_url":"https://wefunder.com/feed/157306"},{"id":156635,"entity_id":"wefunder:feed_item:156635","title":"2nd Quarter Investor Report and Givsum Update","preview":"2nd Quarter Investor Report and Givsum Update","published_at":"2022-07-08T20:22:51Z","canonical_url":"https://wefunder.com/feed/156635"},{"id":155990,"entity_id":"wefunder:feed_item:155990","title":"May Investor Update","preview":"Here's a quick update on our BEST month of revenue yet! Click the video to get the highlights on our May numbers.","published_at":"2022-06-08T22:15:59Z","canonical_url":"https://wefunder.com/feed/155990"},{"id":155466,"entity_id":"wefunder:feed_item:155466","title":"Investor Update 2","preview":"Hi investors! Cailyn here, Givsum's Marketing Director. Today we're showcasing Rotary Club of Yorba Linda Sunrise's Lobsterfest, which has already raised $160,000 thanks to your investment in Givsum.Link to the Lobsterfest: https://www.givsum.com/opportunities/35th-annual-lobsterfest-7061a30e9","published_at":"2022-05-14T00:14:24Z","canonical_url":"https://wefunder.com/feed/155466"},{"id":155274,"entity_id":"wefunder:feed_item:155274","title":"Investor Update with Givsum's Marketing Director","preview":"Hi investors! My name is Cailyn Ghara and I'm Givsum's Marketing Director. Today I'll be updating you all on how your investment is making a difference in charitable organizations' fundraising and philanthropic impact.Link to page: Rotary Club of Cupertino's 29th Annual Golf Charity Classic.","published_at":"2022-05-05T00:09:35Z","canonical_url":"https://wefunder.com/feed/155274"},{"id":154058,"entity_id":"wefunder:feed_item:154058","title":"Q1 Growth and Auction Adoption","preview":"Dear Valued Wefunder Investors and Friends of Givsum, We are growing! The ongoing improvements in our overall UX/UI, our new online auction feature, and a sales funnel focused on annual subscriptions has resulted in a 171% increase for Q1 over last year. Givsum’s brand recognition amongst Rotary Clubs in the United States continues to shine as referrals are now coming in from clubs and districts around the country. Our Q2 focus remains on continued iteration of “product market fit,” and furth...","published_at":"2022-04-25T16:50:12Z","canonical_url":"https://wefunder.com/feed/154058"},{"id":154053,"entity_id":"wefunder:feed_item:154053","title":"Givsum Files its Form C with SEC","preview":"Hello Investors/Friends \u0026 Family.Now that we’ve filed our Form C with the SEC, investors can officially participate in the Givsum Wefunder campaign.\u0026nbsp; This was a big step in the crowd funding process and each of you collectively made it possible.\u0026nbsp; Thank you!From here we'll focus on the following:Going public with the Wefunder Crowd (we'll be highlighted on their newsletter sent to 1.5M investors);Once $100K is invested from the Wefunder crowd, Wefunder will commence with social media...","published_at":"2022-03-29T17:09:01Z","canonical_url":"https://wefunder.com/feed/154053"},{"id":152416,"entity_id":"wefunder:feed_item:152416","title":"Closing In On Goal \u0026amp; New Angel Investor","preview":"Only $20,650 left to reach our friends and family goal.\u0026nbsp; Special thank you to friends Karen and Andrew for jumping in today.\u0026nbsp; You two are amazing! Also, we just got another $50K bump from an angel investor...contributing to our overall $2M Seed Round.\u0026nbsp; Once we reach the $50K goal from friends and family, the campaign will be pushed out to the larger Wefunder audience.\u0026nbsp; We got this!\u0026nbsp; Investments from $100-$5,000 can be made to be a part of the journey together, so join...","published_at":"2022-02-01T20:05:34Z","canonical_url":"https://wefunder.com/feed/152416"}],"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-22T11:57:49Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-22T05:03:25Z","as_of":"2026-06-22T11:57:49Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-22T05:03:25Z","as_of":"2026-06-22T11:57:49Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-22T11:57:49Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-22T11:57:49Z","confidence":"medium"}}}}}}