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Manchester-based tech-for-good company GoodBox picks up £9M to help non-profits combat cashless crisis

GoodBox is a tech-for-good company, founded on the insight that a cashless society is having a negative impact on the charity sector. 

As a result, the Manchester-based company provides charities with a single point of entry to a range of digital fundraising tools and contactless technology.

Raised £9 million

Recently, the UK company has raised £9 million in funding from existing investors such as tennis champion Andy Murray. The funding will allow the company to transform the global non-profit sector by using technology to better connect donors with the causes they care about.

Founded by Andrew O’Brien and Francesca Hodgson in 2016, GoodBox has partnered with over 1,600 non-profit organisations to modernise its fundraising. 

Increased donation income by up to 85%

The company has processed millions in donations and enabled returns on investment of up 85% for the organisations it works with. Goodbox recently partnered with organisations like Pret A Manger and supermarket chain Sainsbury’s to bolster their philanthropic efforts.

It’s worth mentioning that GoodBox has enabled some of the UK’s largest fundraising campaigns throughout the pandemic. 

David White, GoodBox CEO said: “Despite the obvious challenges of 2020, we have continued to onboard new charities on the GoodBox platform throughout the year; evidence of the huge boom in digital payments and the sector’s appetite to adapt. The closure of this round will solidify our position as a partner in fundraising for the global non-profit sector, enabling us to offer a wider range of solutions that will help non-profits engage more donors and raise vital funds for their causes. We are pleased to see continued investment into technology built for the third sector and look forward to realising our plans for 2021 and beyond.”

Francesca Hodgson, Co-Founder & Managing Director said: “At GoodBox we are acutely aware of the impact of COVID-19 on the non-profit sector; income has been reduced to the tune of billions yet demand for services are up. It is now more vital than ever that non-profits are able to access effective digital fundraising innovation to raise much-needed funds and connect with their communities. GoodBox continues to invest heavily in sector-specific innovation which includes contactless giving, to improve tools and outcomes for non-profits. Through our work, we strive to amplify the efforts of our incredible non-profits. We look forward to continuing our work to drive much-needed technological advancements to one of society’s most valuable sectors.”

The post Manchester-based tech-for-good company GoodBox picks up £9M to help non-profits combat cashless crisis appeared first on UKTN (UK Tech News).

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