Investors give £9m to the GoodBox cause

Goodbox team

The digital giving platform GoodBox, has announced the closure of its latest funding round, having raised £9 million.

The funding will fuel its mission to transform the global non-profit sector by using technology to better connect donors with the causes they care about.

Founded in 2016 on the basis that an increasingly cashless society was having a devastating impact on charitable giving, GoodBox built a suite of award-winning contactless devices for the non-profit sector.

 Since then, it has partnered with over 1,500 non-profit organisations to modernise their fundraising, processing millions in donations and enabled returns on investment of up 85% for the organisations it works with.

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.

Francesca Hodgson, Managing Director said: “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.

SME Publications/ SME XPO 2024