RaiseNow, a Switzerland-based digital fundraising and payment solutions for NGOs, has raised CHF 12 million in its latest funding round, completed in Q4 2024.
The investment will be used to further develop the company’s fundraising technology and expand its presence in European markets.
RaiseNow’s tools are designed for NGOs and non-profit associations to improve their fundraising capabilities.
The company’s software is used by a range of organisations, from small music societies to larger NGOs such as WWF, to manage donations and engage supporters.
Following its merger with Koalect in 2023, RaiseNow has expanded both its product offering and target audience.
RaiseNow serves two main market segments – payment management tools for smaller organisations, and advanced fundraising solutions for larger, established NGOs.
With the additional funding, RaiseNow aims to continue developing its platform and extend its reach into new European markets, particularly Belgium, France, and the Netherlands, following its expansion beyond the DACH region.
In October 2020, RaiseNow announced a Series A+ investment of CHF 5.4 million. This round was led by SIX Fintech Ventures, with existing investor PostFinance and individual investors also participating.
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