“The fundraising industry is at a point of inflection as new technologies like AI revamp ineffective tools and tired models,” said Artiom Komarov, Co-Founder and CEO, Wisely. “Today’s fundraisers aren’t always equipped with simple and effective tools to help them reach or scale their annual targets. With Wisely, fundraisers know the right actions to take so they can reach their fundraising goals more efficiently and run successful campaigns. We’re excited to help philanthropic organizations grow as they are backed by great technology.”
“Ripple is excited to lead Wisely’s seed investment round,” said Matt Cohen, Founder and Managing Partner, Ripple Ventures. “For the past decade, the nonprofit industry has remained unfazed by the digital software revolution, and in using AI technologies traditionally used for sales organizations, Wisely is helping fundraisers better target their benefactors. The founders’ strong domain expertise and understanding of user needs give us the confidence that they will move the industry in the right direction.”
Wisely works with nonprofit organizations, educational institutions, foundations, and charities across North America including UNHCR, St. Joseph’s Health Centre Foundation, and Oakville Hospital Foundation.