Company Overview
Snapshot
Founded in September 2015 by Orit Strauss Raz, Gigi Levy-Weiss, and Alon Elish, GivingWay operated with 11–50 employees. The company raised a total of $2.24M across four funding rounds from three investors. In July 2021, GivingWay secured a funding round from Happiness Capital.
Business overview
GivingWay developed an online social network designed to connect nonprofit organizations with volunteers globally, eliminating intermediaries and agent fees. The platform enabled nonprofits to manage volunteer engagement, workflow, and donations, while also providing social media promotion to enhance visibility. Volunteers utilized the platform to discover and directly connect with organizations worldwide for volunteering opportunities. The company operated within the Fintech & Insurtech sector, specifically focusing on Financial Operations Software, and served both B2B and B2C markets globally.
Company Intelligence Q&A
- What is GivingWay's operational status?
- GivingWay is currently non-active and ceased operations in December 2022.
- When was GivingWay founded and by whom?
- GivingWay was founded in September 2015 by Orit Strauss Raz, Gigi Levy-Weiss, and Alon Elish.
- How much capital has GivingWay raised in total?
- GivingWay has raised a total of $2.24M across its funding rounds.
- What is GivingWay's primary business model?
- GivingWay operates with both B2B and B2C business models, connecting nonprofits with volunteers.
- What is GivingWay's primary business model?
- GivingWay operates with both B2B and B2C business models, connecting nonprofits with volunteers.