Infinite Giving Raises $2 Million in Seed Funding

In an exciting new chapter for the nonprofit fintech space, Infinite Giving, a proprietary platform dedicated to supporting nonprofits, has announced it has raised $2 million in a seed funding round.

The investment was spearheaded by Cubit Capital, alongside contributions from Morgan Stanley and Atlanta Ventures.

This fresh injection of capital comes as the company continues to expand its reach and impact, with CEO Karen Houghton—whose estimated net worth is around $8 million—leading the charge.

He said in a press release that:

"At Infinite Giving, we are driven by a singular focus to create value through financial stewardship for an underserved nonprofit industry,"

The company's unique fintech platform allows nonprofits to easily manage cash reserves, endowments, and even receive stock donations.

With clients like Habitat for Humanity and Make-A-Wish on board, Infinite Giving has boasted an impressive 99% customer retention rate in the last year—numbers that most tech startups would only dream of.

What makes this moment even more special is Infinite Giving's acceptance into Morgan Stanley’s Inclusive Ventures Lab, a prestigious program that offers resources, capital, and connections to scale tech startups with social impact.

It’s safe to say that Houghton and her team are riding a wave of momentum—also snagging a spot to present at Venture Atlanta 2024, one of the Southeast’s biggest tech conferences.

• For a company only founded in 2021, they seem to be moving at the speed of light (and without even spilling their coffee).

Infinite Giving’s board just got stronger too, with nonprofit veteran Jay Love joining.

With his 30+ years of experience, Love is set to help the company grow even further, strategically navigating the nonprofit world like a seasoned pro.

Infinite Giving’s mission to empower nonprofits is clearly resonating, and their future looks as bright as their impressive lineup of clients.

It seems Infinite Giving is on a mission not just to raise funds but to raise the bar for nonprofits everywhere.