Venture Capital

Certified B Corp, Classy, Raises $118M In Series D Funding To Help Nonprofits Increase Their Impact

by vcaonline.com posted 5months ago 15 views
Led by Norwest Venture Partners, the funding will accelerate growth by doubling the size of Classy's product and engineering teams over the next two years SAN DIEGO, April 20, 2021-- Classy, a B Corp Certified social enterprise that creates world-class fundraising software for nonprofits, announced today that it has closed a $118 million Series D funding round led by Norwest Venture Partners, a mission-driven venture capital firm, which has previously partnered with other powerhouse technology companies like Udemy, Talkspace, Plaid, Gong and OpenDoor. Existing backers, Salesforce Ventures and Hinge Capital, also participated in the round.

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