California and India-based crowdfunding platform, Crowdera has raised an undisclosed amount in Pre-Series A funding round from a group of Marquee investors. The company said in a press release stating that Silicon Valley startup attorney Anil Advani and Singapore based angel investors Pramod Jain, Amrendra Reddy and Manish Satnaliwala and couple more unnamed investors participated in this round.
The company plans to use the newly raised capital to propel the early stage growth and amplify the overall impact by enhancing the product, and scaling customer success activities.
“We are not in for a sprint for quick successes; we are a marathoner. Hence, we believe in building best practices in fundraising which will allow us to help several causes for next several decades,” said CEO and founder, Crowdera, Chet Jain.
Founded in October 2014 in Palo Alto, California, Crowdera is a cloud-based fundraising platform that offers a comprehensive fundraising framework for non-profits and social innovators to raise funds. The platform facilitates all aspects of the online fundraising ecosystem including donation buttons, cross-site donation widgets, websites (CMS), P2P campaigns, donation management, and much more.
Since its inception, the platform has supported more than 2300 campaign funded by 5500 donors from 35 countries. The company is running in over 200 countries by virtue of its payment gateway partners.
“The not-for-profit online fundraising campaigns are being run on social networks and donations too, are being made on mobiles. The digital era has thus, empowered the fund-seekers and the donors alike. I believe Crowdera will benefit from this paradigm shift and emerge as a leading crowd-funding platform. Most fundraisers need help in execution of their campaigns and here Crowdera, with its value-added services, has emerged as the trusted partner in helping fundraisers chart their journey,” said marquee investor Anil Advani.
Crowdera has already made its mark amongst the fund-raisers with eminent personalities like Social Worker Padmashri Dr. Suneetha Krishnan for Prajwala, Filmmaker Rajat Kapoor, ABBF founder Divyanshu Ganatra, Gurcharan Singh of Tarak Mehta Ka Oolta Chashma fame and Rhea Mukherjee, ex-VP of Radio Mirchi already opting for Crowdera to raise funds for their causes and ventures.
Other crowdfunding platforms in India include Ketto, FundMyPitch, BitGiving, Milaap and ImpactGuru among others.